Im thinking of a number between 1-100 who ever gets closer gets brainiest

The Assembly Department produced 1,000 units of product during March. Each unit required 1.25 standard direct labor hours. There

frutty [35]

Answer:

Debit Work in process for $15,625

Debit Direct labor time variance for $625

Credit Direct labor rate variance for $650

Credit Wage payable for $15,600

Explanation:

Before preparing the journal, the following calculations are done first:

Wage payable = Actual hours * Actual rate per hour = 1,300 * $12 = $15,600

Direct labor time variance = (Actual hours - Standard hours) * Standard direct labor rate = (1,300 - (1,000 * 1.25)) * $12.50 = $625 Unfavorable

Note: Direct labor time variance is Unfavorable because Actual hours is greater than Standard hours.

Direct labor rate variance = (Actual rate - Standard rate) * Actual hours = ($12 - $12.50) * 1,300 = -$650 Favorable

Note: Direct labor rate variance if Favorable because Actual rate is lower than the Standard rate.

Work in process = Wage payable + Absolute value of direct labor rate variance - Direct labor time variance = $15,600 + $650 - $625 = $15,625

The journal entries will now look as follows:

Date Particulars Debit ($) Credit ($)

Mar. 31 Work in process 15,625

Direct labor time variance 625

Direct labor rate variance 650

Wage payable 15,600

(To record the direct labor in the Assembly Department.)

4 0

3 years ago

The actual cash received from cash sales was $36,006 and the amount indicated by the cash register total was $36,010. Journalize

andrezito [222]

Answer:

Cash shorting = 36,010 - 36,006 = $4

DR Cash $36,006

Cash Short and Over $ 4

CR Sales $36,010

There is a shortage of cash as the sales figure is more than the cash amount. The Cash Short and Over account will therefore be debited to reflect this expense.

7 0

3 years ago

Oligopolistic firms have been called what as this lesson has mentioned

tia_tia [17]

Answer: B. Cats in a bag

Explanation:

oligopolistic firms is a small number of firms who realize that they all constitute such a small number of firms that they enjoy a lot of power together. so together they are cats in a bag.

7 0

3 years ago

Which type of account offers the highest rate of interest? A. regular checking B. money market C. regular savings D. certificate

lina2011 [118]

I would say D.

I hope this helps.

6 0

3 years ago

Read 2 more answers

Andrew, a project manager in a multinational company, accepts a very challenging project from his client as he feels that the em

shepuryov [24]

Answer:

Theory Y

Explanation:

In theory Y, managers have a positive and optimistic view of their employees. They assume employees are happy to work and that workers are motivated by attaining objectives. In theory Y, employees can work towards organizational goals through self- direction and self-control.

Theory Y assumptions allow employees to participate in solving organization problems. The managers consider employees are creative, imaginative and innovative people. In theory Y, managers adopt a consultative style of management.

5 0

3 years ago