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barxatty [35]
3 years ago
14

Travers Manufacturing incurred $106,000 of direct labor and $11,000 of indirect labor. The proper journal entry to record these

events would include a debit to Work in Process for:
Business
1 answer:
olya-2409 [2.1K]3 years ago
3 0

Answer:

$117,000

Explanation:

All costs incurred in manufacturing a product are recorded in the Work in Process Account. The Debit entry on this Account shows the increase in costs and the credit entry shows the transfer of goods to Finished Goods Inventory

So the Work In Process Account must be debited with the Total labor Cost incurred of $117,000 ($106,000 direct labor + $11,000 indirect labor)

Conclusion :

The proper journal entry to record these events would include a debit to Work in Process for $117,000

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The inventory of Royal Decking consisted of five products. Information about the December 31, 2018, inventory is as follows:Per
Dennis_Churaev [7]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
5 0
3 years ago
Suppose Securitex is a small firm that has developed a new​ anti-theft device for automobiles. Securitex currently sells its dev
Harman [31]

Answer:

The data is missing, so I looked for a similar question (see attached image).

in a subgame perfect equilibrium, players take turns, one player (GM) will take turn an make an offer to the second player (Securitex), and then the second player will decide whether to accept the offer or not. The situations where the offer is rejected are not really an equilibrium since basically GM and Securitex get nothing out of the deal.

The two remaining options where Securitex accepts the offer must be analyzed in the following way:

After GM makes its move, is Securitex going to be better off or not. If GM makes a high offer and Securitex accepts it, then both will be better off. But if GM makes a low offer and Securitex accepts, it, GM will be better off but Securitex will be worse off, so that is not a real equilibrium.

The only option where a real equilibrium happens and is accepted by both, is that GM makes a high offer and Securitex accepts it. This would be option C.

4 0
3 years ago
What is a risk assessment grid?
sergey [27]
A risk assessment grid is used to describe the overall process or method where you: identify hazards and risk factors that have the potential to cause harm. You also analyze and evaluate the risk associated with that hazard.
(Ex: Qualitative and Quantitative)
7 0
3 years ago
Miles is three years old and his grandparents have given him money to spend at the toy store as a birthday present. Miles' numbe
KATRIN_1 [288]

Answer:

The correct answer is Fire trucks.

Explanation:

According to the scenario, the given data are as follows:

1. Building blocks buy = $50

Increase in units = 100 units

2. Fire trucks buy = $20

Increase in units = 80 units

( which means in $50 Fire trucks can be bought 2.5× existing units)

So, In $50 Fire trucks increase in unit = 80 units × 2.5 = 200 units

3. Trains buy = $5

Increase in units = 15

( which means in $50 Trains can be bought 10× existing units)

So, In $50 Trains increase in unit = 15 units × 10 = 150 units

Hence, Fire trucks will give the maximum utility.

7 0
3 years ago
General Motors' executives work for a short time in some dealerships, and some dealership owners work in GM's dealer policy depa
Blizzard [7]

Answer:

Employee Exchange Strategy

Explanation:

According to my research on different business strategies used by companies, I can say that based on the information provided within the question this is an example of the Employee Exchange Strategy. This strategy is when employees are exchanged between companies or departments, usually during seasonal ups and downs. This is done to either avoid contractual conflicts or to avoid layoffs during off seasons.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
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