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lora16 [44]
2 years ago
10

[The following information applies to the questions displayed below.] The following information is available for Lock-Tite Compa

ny, which produces special-order security products and uses a job order costing system. April 30 May 31 Inventories Raw materials $ 43,000 $ 52,000 Work in process 10,200 21,300 Finished goods 63,000 35,600 Activities and information for May Raw materials purchases (paid with cash) 210,000 Factory payroll (paid with cash) 345,000 Factory overhead Indirect materials 15,000 Indirect labor 80,000 Other overhead costs 120,000 Sales (received in cash) 1,400,000 Predetermined overhead rate based on direct labor cost 70 % Raw materials purchases for cash. Direct materials usage. Indirect materials usage. Prepare journal entries for the above transactions for the month of May.
Business
1 answer:
skelet666 [1.2K]2 years ago
8 0

Answer:

Journals have been prepared below !

Explanation:

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________ advertising encourages wholesalers and retailers to carry the products of a specific manufacturer.
NARA [144]
<span>Trade advertising encourages wholesalers and retailers to carry the products of a specific manufacturer.
Trade advertising is the type of advertising which is directed towards the wholesaler or retailer. Trade Advertising is not intended for the consumer. Trade advertising is held by the manufacturer. </span>
4 0
3 years ago
A. True
Usimov [2.4K]
The correct answer is false
6 0
3 years ago
How does an understanding of management and organizational behavior lead to organizational effectiveness and efficiency
ioda

Answer: Understanding the organizational behavior and management can lead to effectiveness and efficiency.

Explanation:

Each and every organization have a proper set of rules and regulations that helps in running the organization effectively.

The goals can be achieved only when the organizational behavior and management is made clear to the employees.Understanding the work make the work done in a effective manner.

The efficiency of the organization is increased by doing the work with the better understanding of the management and organizational behavior.

7 0
2 years ago
Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure m
muminat

3 scenarios are applicable :

The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.

The quality of goods available to consumers

Federal government paychecks to soldiers

Explanation:

GDP is not known things outside the books like babysitting, which, but do not disclose to the government, add value to society. The satisfaction perception of households as a function of the wide range of products available to customers is not taken into account.

At last, the disappointment of pleasure people incurred by land converts into business applications are not known by GDP. All of that would be even more hard to measure correctly, although significant when determining the true standard of living in one region.

Soldiers are paid by federal government inspections in GDP when government transactions are taken into account.

3 0
3 years ago
When an employee reaches a $200,000 income level, they are required to pay a supplementary percentage to their _________________
Free_Kalibri [48]

Answer:

B. Medicare

Explanation:

given data

employee reaches income level =  $200,000

so they are require to pay a supplementary percentage to their Medicare tax because at an income level above than the each and every employee are required to pay their additional percentage of income as  FICA Medicare tax.

and current rate for Medicare is approx 1.45% for the employee and  employer.

6 0
3 years ago
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