Answer:
Explanation:
The journal entry that would include is shown below:
Work in Progress inventory A/c Dr $125,000
Factory overhead A/c Dr $24,000
(Being labor cost is recorded)
The computation is shown below:
Work in progress = Labor expenses + whole labor expenses
=$88,000 + $37,000
= $125,000
The labor expenses are directly related to the product which means it is a direct cost
And, the whole labor expense is considered to be the overhead cost as it is not directly related to the product
And, the $24,000 is also considered as an overhead cost because it is used in both the departments so it is come under the factory overhead account
Answer:
The answer is B.
Explanation:
Gross profit is the difference between a company's net sales or total revenue and cost of sales or cost of goods sales.
Sales revenue is $433,000
Cost of Goods Sold is $240,000
Remember that Gross profit is Sales revenue - cost of goods sold.
Sales revenue----------------------------$433,000
Minus: Cost of Goods Sold----------$240,000
Gross profit--------------------------------<u>$193,000</u>
Answer: I found Optimum Internet advertisement effective.
Explanation: I found optimum internet effective because not only does it cost less but it's a good deal.
I really don't know if this is will help but that's what I find effective.
Answer:
The correct option is (d).
is quite strict, with the carrier being liable for all losses except those caused by certain specified perils.
Explanation:
The legal liability of a common carrier for damage to or loss of goods in its custody is that he takes full responsibility for the goods except those caused by certain specified perils.
