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riadik2000 [5.3K]
2 years ago
10

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

Business
1 answer:
Degger [83]2 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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The key elements of a business plan can include _____.
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Answer:

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Explanation:

competition isn't something you would necessarily put in a business plan but the other two are.

6 0
3 years ago
The income statement for Stretch-Tape Corporation reports net sales of $540,000 and net income of $65,700. Average total assets
Mnenie [13.5K]

Answer:

7.3%; 12.17%; 0.6 times; 15.95%

Explanation:

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= Net Income ÷ Average total assets

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Profit Margin:

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Asset Turnover:

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= Net Income before dividend ÷ Equity

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= ($95,700 ÷ $600,000] × 100  

= 15.95%

8 0
3 years ago
Cynthia thinks that her new neighbor is mean and snobbish. this _____ will likely influence cynthia to act negatively toward her
Dahasolnce [82]
I would say this impression, would cause her to act negatively towards her.
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What are the different elements of working capital and explain actions that Management of a business entity might take to reduce
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<h3>What is working capital management?</h3>

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Therefore, learn more about working capital management: brainly.com/question/28287025

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1 year ago
Max points can water be wet
Montano1993 [528]
No water can't be wet
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3 years ago
Read 2 more answers
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