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riadik2000 [5.3K]
3 years ago
10

The journal entry to record direct labor used in process costing is a(n):___________

Business
1 answer:
Degger [83]3 years ago
3 0

Answer:

b. increase in assets and an increase in liabilities.

Explanation:

The journal entry to record the direct labor cost used is shown below:

Work in process Dr

   To wages payable

(Being the direct labor cost used is recorded)

Here the work in process is debited as it increased the assets and credited the wages payable as it also increased the liabilities

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Turner, a successful executive, is negotiating a compensation plan with his potential employer. The employer has offered to pay
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Answer:

b. If the employer accepts Turner's counteroffer, Turner will recognize as gross income $55,000 per month [($480,000 + $180,000)/12].

Explanation:

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3 years ago
On December 30, 2005, Bart, Inc. purchased a machine from Fell Corp. in exchange for a non-interest bearing note requiring eight
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2 years ago
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The correct answer is 3

good luck ❤

Explanation:

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