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3 years ago

During the current month, Ringling Company incurs the following manufacturing costs:

Business

1 answer:

melisa1 [442]3 years ago

7 0

Answer:

Part a

Debit : Raw material $4,200

Credit : Accounts Payable $4,200

Part b

Debit : Salaries $18,000

Credit : Salaries Payable $18,000

Part c

Debit : Factory utilities $2,200

Debit : Factory Insurance $1,800

Debit : Depreciation $3,500

Credit : Overheads $7,500

Explanation:

The journal entries for each type of manufacturing cost have been prepared above.

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The ability to attract and manage _________may be the most important skill a strategic leader must have.

Mars2501 [29]

Answer:

Human Capital

Explanation:

A leader must be able to control a team (human capital), lead it, and push them to obtain the results needed.

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2 years ago

Paradise Corp. has determined a standard labor cost per unit of $10.20 (1 hour × $10.20 per hour). Last month, Paradise incurred

bezimeni [28]

Answer:

Direct Labor Rate Variance = $825 favorable

Direct Labor Efficiency Variance = $510 favorable

Total Direct Labor Spending Variance = $1,335 favorable

Explanation:

The computations are shown below:

Direct Labor Rate Variance

= (Standard rate - Actual rate) × Actual hours

= ($10.20 - $16,005 ÷ 1,650 labor hours) × 1,650 direct labor hours

= ($10.20 - $9.7) × 1,650 direct labor hours

= $825 favorable

Direct Labor Efficiency Variance

= (Standard Hours allowed - Actual hours) × Standard rate

= (1,700 units × 1 hour - 1,650 hours) × $10.20

= (1,700 hours - 1,650 hours) × $10.20

= $510 favorable

Total Direct Labor Spending Variance

= Standard cost - actual cost

= 1,700 hours × $10.20 - $16,005

= $17,340 - $16,005

= $1,335 favorable

3 0

3 years ago

Which of the following statements about conflict is most accurate? Conflict generally occurs between competitive individuals and

MAVERICK [17]

The correct answer is B. Conflict is a normal part of everyday workplace.

Explanation

Conflict is the term to refer to the situation in which two or more people disagree on any matter, that is, they have different points of view on the same thing and neither of them gives in or agrees to negotiate mediation on such matters. affair. This is due to the diversity of likes, thoughts, beliefs, preferences of people that influence their actions in daily life. According to the above, in a workplace, it is very common to find conflict situations because different people are working on the same issues and each one has specific considerations of how it would be better to do things; however, this does is not necessarily negative or reduces productivity; indeed, conflict can lead to negotiation, cooperation and new ideas. So, the correct answer is B. Conflict is a normal part of everyday workplace.

5 0

3 years ago

Linda has signed a two-year long contract with HNS Inc., a clothing retail store, to work as a sales trainee. Linda’s parents ar

alekssr [168]

Answer:

Mutual assent.

Explanation:

Since Linda is not yet 18 years old her parents should give assent on the contract of sales trainee.

3 0

3 years ago

Read 2 more answers

A customer has requested that Lewelling Corporation fill a special order for 9,000 units of product S47 for $20.50 a unit. While

bonufazy [111]

Answer:

$4,500

Explanation:

The computation of the annual financial advantage (disadvantage) for the company is shown below:

Sales (9,000 units × 20.50) $184,500

Less: Variable costs:

Direct materials (9,000 units × $3.10) -$27,900

Direct labor (9,000 units × $1.50) -$13,500

Variable manufacturing overhead (9,000 units × $6.40) $57,600

Increase in variable costs (9,000 units × $5) -$45,000

Less: Investment in special molds -$36,000

Financial advantage $4,500

We simply deduct the all cost from the sales so that the financial advantage could come

5 0

4 years ago