1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spayn [35]
2 years ago
7

Which of the following best describes the journal entry to record the withdrawal of raw materials from the storeroom for use as

direct and indirect materials in production?
a. Debit Work in Process, debit Manufacturing Overhead, and credit Raw Materials.
b. Debit Work in Process and credit Raw Materials.
c. Debit Manufacturing Overhead and credit Raw Materials.
d. Debit Work in Process, debit Manufacturing Overhead, and credit Direct Materials.
Business
1 answer:
Alborosie2 years ago
8 0
D. Debit work in process debit manufacturing overhead …..
You might be interested in
In a planned economy, prices of commodities are controlled by _________.
GalinKa [24]

The correct answer is C. The government

Explanation:

The key feature of a planned economy is the strong influence and control of government in the economy. Indeed, in a planned economy it is the government the entity that decides on trade and production, this includes the prices of goods and the types of products that should be manufactured. Moreover, this does not occur in market economies because in these customers, produces and the law of supply/demand determine factors of the economy. According to this, in a planned economy prices are controlled by government.

4 0
3 years ago
The amount paid to a depositor for keeping their money in a savings account is called
evablogger [386]

The amount paid to a depositor for keeping their money in a savings account is called  <u>"interest".</u>


You can open different sorts of personal savings accounts with banks, merchants and speculation firms. Savings accounts offer low returns contrasted and most different speculations, however are okay and a decent method to acquire enthusiasm until the point when you are prepared to move assets into higher-return ventures, for example, stocks and bonds.  

The interest on every single individual savings accounts is computed as compound interest.  

Regular savings accounts normally pay bring down loan fees than those paid by currency market accounts.

3 0
3 years ago
Over the last three years, Christmas tree prices have increased from an average of $35 per tree to over $75 per tree. How would
Brilliant_brown [7]

The Christmas tree farm would respond by:

  • In the short run, producers are going to earn profits and also increase their supply of the product.

This is what usually happens whenever there is an increase in the prices of goods in the supply side of the market.

As the prices would go up, the producers would want to take advantage of the increases to make as much gain as they can from the market.

This is only short term profit. Therefore the supply is going to be inelastic. The demand is only going to available for a short while.

Read more on brainly.com/question/25083966?referrer=searchResults

5 0
2 years ago
Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $362,000 and credit sa
irakobra [83]

Answer:

Bad debt expenses                          $ 12,080

Allowance for doubtful accounts                           $ 12,080

Explanation:

Accounts  4% of AR

That is  $362,000 x 4% = $14,480 expected allowance.

The current balance = 2400 credit

<u>Journal entry:</u>

\text{Account titles and explanation}                                Debit                   Credit

Bad debt expenses [(362,000 x 4%) - 2400]        $12,080

\text{Allowance for doubtful accounts}                                                         $12,080

(To record bad debt expense)

                           

5 0
3 years ago
Accounting profit equals economic profit if __________ equals __________.
Monica [59]
Total revenue and marginal cost
3 0
3 years ago
Other questions:
  • If you must apply for a loan, you should?
    5·1 answer
  • Goodman Corporation has sales volumes of 3,000 units at $80 per unit. Variable costs are 35% of the sales price. If total fixed
    10·1 answer
  • The inductive approach to writing a business argument Multiple Choice
    14·1 answer
  • Berning Company purchased a tractor at a cost of $180,000. The tractor has an estimated salvage value of $20,000 and an estimate
    6·1 answer
  • What prompted you to select dollar tree as a potential employer
    11·1 answer
  • Lillian Stintson works for a global women's rights organization. In the past few months, she has traveled across the globe for t
    5·1 answer
  • The real costs of quality:A. are incurred in the quality control department. B. are frequently overstated in an organization. C.
    15·1 answer
  • Elias is a risk-averse investor. David is a less risk-averse investor than Elias. Therefore, Group of answer choices for the sam
    9·1 answer
  • The board of directors declared cash dividends totaling $160,000 during the current year. The comparative balance sheet indicate
    7·1 answer
  • A letter provided by the tenant to the landlord, which assures that their lease is binding, accurate, and being paid upon, is kn
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!