Answer:
Work in progress inventory--- Dr 500
To Material Inventory ----- Cr 300
To Wages payable--------- Cr 150
To manufacturing overhead---Cr 50
(As incurred or applied)
Explanation:
As per the journal entry of process costing system, each department record the transfer of material to the other department of production. The amount of inventory transfered to the next department equals the amount listed as transfered on the cost of production report. Overhead costs are accumlated in a manufacturing overhead account.
Answer:
$ 27.10
Explanation:
Given
The direct labor budget 5,800
Variable overhead rate is $9.10 per direct labor-hour.
Variable Overhead = 5800* $ 9.1= $52780
Budgeted fixed manufacturing overhead is $104,400
Total Budgeted Overhead = $ 157180
Budgeted Labor Hours 5800
Predetermined Overhead rate = $ 157180/ 5800= $ 27.10
The predetermined overhead rate is calculated by dividing the total budgeted overhead by the budgeted hours.
The total budgeted overhead includes the variable overhead and the budgeted fixed overheads.
Answer:
B ang answer in my opinion
Explanation:
sorry...hope it helps:)
Answer:
A. Comcast should produce 6 units in the short run and shut down in the long run.
Explanation:
Comcast in operating cable business. The government of Philadelphia has imposed a tax of $99 every month. Comcast should produce 6 units in the short run. This will minimize it total cost and the company will be able to continue its operation in the short run. If the taxes persist in the long run then the company will go towards shut down.
Answer:
The correct answer is letter "B": associated with an ability to find a job with relative ease.
Explanation:
Unemployment is the state in which an individual who is able and willing to join the workforce cannot find a job even if that individual is constantly looking for opportunities.
<em>High unemployment rates are typically seen during recessions while the unemployment of a country tends to be low during economic growth. In the last scenario, mainly private investment helps to find a job to be relatively easy.</em>