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VladimirAG [237]
3 years ago
7

Larned Corporation recorded the following transactions for the just completed month.

Business
1 answer:
Galina-37 [17]3 years ago
7 0

Answer and Explanation:

The journal entries are shown below:

Raw materials inventory $76,000  

   To Accounts payable $76,000

(being the raw material purchased on account)

Work in process inventory $65,000

Manufacturing overhead $9,000

      To Raw materials inventory $74,000

(Being the work in process and overhead is recorded)

Work in process inventory $101,500

Manufacturing overhead $21,500

      To Cash $123,000

(being cash paid is recorded)

Manufacturing overhead $195,000

        To Accumulated depreciation-Equipment $195,000

(being the manufacturing overhead is recorded)

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4 0
2 years ago
What type of international risk exposure measures the change in present value of a firm resulting from changes in future operati
Alex787 [66]

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3 years ago
You invest in a project that has a depreciable asset. The asset is depreciable under the 5year MACRS category. The depreciation
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Answer:

$28,800

Explanation:

Data provided in the question:

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In accordance with scrum theory, how should a group of 100 people be divided into multiple development teams?
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