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
romanna [79]
3 years ago
9

Which of the following is the correct journal entry to record manufacturing overhead incurred? Finished Goods Inventory xx Manuf

acturing Overhead Control xx Manufacturing Overhead Control xx Work in Process Inventory xx Manufacturing Overhead Control xx Cash or other Payables xx Work in Process Inventory xx Manufacturing Overhead Control xx
Business
1 answer:
Elden [556K]3 years ago
7 0

Answer:

Work in Process Inventory xx Manufacturing Overhead Control xx

Explanation:

Based on the information given WORK IN PROCESS INVENTORY in which overhead are applied are DEBITED and MANUFACTURING OVERHEAD are CREDITED while The actual manufacturing overhead as well as the overhead applied are adjusted at year end.

Therefore the correct journal entry to record manufacturing overhead incurred will be:

Dr Work in Process Inventory xx

Cr Manufacturing Overhead Control xx

(To record manufacturing overhead incurred)

will

You might be interested in
4. If you were going to spend more on marketing, which product would you<br> emphasize and why?
Sergeu [11.5K]

Answer:

Pastries

Explanation:

The marketing in pastries is mandatory as is the slow mover of the products line. The 10.8% participation in the total of sales depict a loss of margin therefore this product needs marketing to improve the sales share.

5 0
3 years ago
When John first starts his job, he rides the bus wherever he goes. However, after one year, John receives a promotion and a pay
vekshin1

Answer:

c. Inferior

Explanation:

Based on the information provided it can be said that this behavior would indicate that to John, a bus ride is an inferior good. This term by definition is a good whose demand decreases when consumer's income rises. Since John received an increased salary with his promotion, he is now able to afford to be able to drive instead of taking the bus. Therefore his demand for taking the bus has drastically decreased.

4 0
3 years ago
Me. Gareth owns a toy-manufacturing company. Which of these items in his company is an intermediate good?
kakasveta [241]
Well it is a toy manfacturing company and the intermediate good would be a toy plane
5 0
3 years ago
Read 2 more answers
Which of the following is not an form of money that was traded
Semmy [17]

Answer:

(D) because you cannot sell shells.

8 0
2 years ago
Ramon funds small businesses that he believes have the potential to grow large. when these companies are still in their initial
Delicious77 [7]
<span>The fact that Ramon funds small businesses that he believes have the potential to grow large and when these companies are still in their initial stages and need investment, he buys their stocks at a low price and later sells them at higher prices when they are successful means that Ramon is a venture capitalist. The term venture capitalist in economics describes a person who i</span>nvests in a business venture, providing capital for start-up or expansion. 
8 0
2 years ago
Read 2 more answers
Other questions:
  • 1. Do you believe E-sports will continue to grow in the future? Why or why not?
    5·2 answers
  • The idea of supply and demand is based on the development of (Economics)
    5·2 answers
  • On January 1, Creed Boxing Company issues 7%, 10-year bonds with a par value of $2,000,000. The bonds pay interest semiannually.
    10·1 answer
  • When the price level decreases:
    11·1 answer
  • When no-par stock is issued, the entire proceeds are credited to Capital Stock and this amount is viewed as legal capital not su
    6·1 answer
  • Thomas is thinking about the car he wants to buy in a few years. He doesn't know what he should do right now so that he can buy
    9·2 answers
  • Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on
    6·1 answer
  • What is a public corporation
    11·2 answers
  • His decision on what price to charge and how much to produce in the long run will be A. based on optimal plant size determinatio
    13·1 answer
  • The materials, personnel, effort, and money that enter a system are called _____ .
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!