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
If a firm needs to finance a new corporate headquarters building, then it would most likely seek the funds in the:________
Gennadij [26K]

If a firm needs to finance a new corporate headquarters building, then it would most likely seek the funds in the <u>capital market</u>.

A capital market is a place where buyers and sellers bask in the trade of economic securities like bonds, shares, and many others. The trading is undertaken by using participants which includes people and establishments. Capital marketplace trades broadly speaking in lengthy-term securities.

The capital market is wherein individuals and companies borrow price ranges using shares, bonds, debentures, debt units, and so on. The maximum common instance is a stock alternate which includes NASDAQ, trading shares from one-of-a-kind businesses among buyers.

Capital markets are crucial due to the fact they finance the economic system, allocate danger, and support economic boom and monetary balance. within the U.S., capital markets fund seventy two% of all monetary activities, in terms of equity and debt financing of non-economic organizations.

Learn more about trade here brainly.com/question/17727564

#SPJ4

5 0
2 years ago
Which is the purpose of a budget?
vodomira [7]

weighing the information needed to make rational decisions

5 0
3 years ago
Read 2 more answers
The decline in unit costs of a product or service that occurs as the absolute volume of production increases is known as
leva [86]

Answer:

A. economies of scale.

Explanation:

The economies of scale is the scale where the company has the advantage of the cost that reaped by the organization in the case when there is an efficient production. It could be accomplished when the level of production or the volume of the production rises by lowering the cost

Therefore as per the given situation, the option A is correct as it fits to the current situation

Hence, the correct option is A.

4 0
3 years ago
slader Each month Leo must make copies of a budget report. When he uses both the large and the small copier, the job takes 30 mi
storchak [24]

Based on the time it takes Leo when he uses two machines, the length of time it will take if the large copier is broken is <u>75 minutes. </u>

<h3>How long will it take if the large copier is broken?</h3><h3 />

This can be found by the formula:

= 1 / ( (1 / time taken with both copiers) - (1 / time taken with large copier) )

Solving gives:

= 1 / ( ( 1 / 30) - (1 / 50))

= 1 / (1 / 75)

= 75 minutes

Find out more on budget reports at brainly.com/question/25812320.

7 0
2 years ago
Molly is considering a project with cash inflows of $811, $924, $638, and $510 over the next four years, respectively. The relev
kati45 [8]

Answer:

A. -$425.91

Explanation:

Given that

Start up cost = 2700

Cash inflow 1 = 811

Cash inflow 2 = 924

Cash inflow 3 = 638

Cash inflow 4 = 510

Rate = 11.2% or 0.112

Recall that

NPV = E(CF/1 + i]^n) - initial investment or start up cost

Where

E = summation

CF = Cash flow

i = discount rate

n = years

Thus

NPV = -$2,700 + $811 / 1 + 0.112 + $924 / 1 + 0.112^2 + $638 / 1 + 0.112^3 + $510 / 1 + 0.112^4

NPV = -$425.91

Therefore, NPV = -$425.91

5 0
3 years ago
Other questions:
  • 5-When a local auto repair shop sponsors a local softball​ team, it is using the​ _____ element of the promotional mix.
    5·1 answer
  • What is the MOST likely result for a company whose business practices have enabled it to innovate and execute more effectively a
    7·1 answer
  • What is plagiarism? a. Stealing a digital image through a file-sharing network. c. Claiming someone else's written work as your
    15·2 answers
  • If William performs plumbing upgrades for Patricia in exchange for her incorporating his business, then their __________________
    7·1 answer
  • Taco Bell and McDonald’s are considering adding kiosks in restaurants for customers to place their orders. This will hopefully m
    15·1 answer
  • An economy is created by the interaction between which teo groups of people?
    6·1 answer
  • The following selected transactions were completed by Interlocking Devices Co., a supplier of zippers for clothing: 20Y7 Dec. 7.
    10·1 answer
  • When Leanne gave her presentation to the BigDeal buying center team, she focused on answering Beverly's questions, since she is
    7·1 answer
  • Briefly explain how the government uses taxation as a redistribution method
    15·1 answer
  • assuming you had dinner at Tuscan grille in newburyport your bill is 100 how much tax is added to the bill and what portion of t
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!