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
Manufacturing units in July = 26000+(28000*25%)-(26000*25%) = 26500 gadgets kilos of raw materials have to be purchased in July.
Raw substances are the entered goods or inventory that a business enterprise wishes to fabricate its merchandise. Examples of raw materials include steel, oil, corn, grain, gas, lumber, woodland resources, plastic, natural gasoline, coal, and minerals.
Simple raw substances encompass sand (which include silica sand), clay, hard rock, limestone (together with metallurgical limestone) and gravel, and other construction and street construction materials. these materials are produced incredibly cheaply, with the primary fee being the transport to the development site.
There are predominant forms of raw substances: direct and indirect. Direct materials are unprocessed sources that can be especially traced to a stop product. Lumber is a good example of an instantaneous uncooked material.
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The working capital ratio is a measurement of a company's short-term capability of paying its financial obligations.
The working capital turnover ratio measures how efficaciously a business makes use of its operating capital to supply sales. A better ratio indicates greater efficiency. In preferred, an excessive ratio can assist your employer's operations to run greater easily and limit the want for added funding.
The working ratio measures a corporation's potential to recover running expenses from annual sales. It's miles calculated by taking general annual fees, aside from depreciation and debt-related charges, and dividing it by the yearly gross income.
The current ratio, also known as the working capital ratio, gives a short view of an enterprise's financial health. You could calculate the current ratio by taking contemporary assets and dividing that discern by means of current liabilities. A ratio above 1 way current belongings exceed liabilities.
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Answer: False.
Explanation:
False.
This indicates that the two goods are substitute goods, not the complementary goods.
In case of complementary goods, the price of one good is inversely related with the demand for other related good. For example, car and petrol; if the price of petrol increases as a result demand for cars decreases.
In case of substitute goods, the price of one good is directly related with the demand for other related good. For example, tea and coffee; if the price of coffee increases as a result demand for tea increases. So, there is a positive relationship between the price of one good and demand for the other good.
Answer:
video game
Explanation:
because I don't go outside, I'm a gamer
