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
krok68 [10]
3 years ago
7

Practice Do It! Review 01 During the current month, Sheridan Company incurs the following manufacturing costs. (a) Purchased raw

materials of $17,600 on account. (b) Incurred factory labor of $38,800. Of that amount, $31,900 relates to wages payable and $6,900 relates to payroll taxes payable. (c) Factory utilities of $3,100 are payable, prepaid factory property taxes of $2,990 have expired, and depreciation on the factory building is $9,400. Prepare journal entries for each type of manufacturing cost.
Business
1 answer:
MArishka [77]3 years ago
5 0

Answer:

Item a

Debit :

Credit :

Item b

Debit :

Credit :

Item c

Debit :

Credit :

Item d

Debit :

Credit :

Item e

Debit :

Credit :

Item f

Debit :

Credit :

Explanation:

If there is no immediate payment of cash, raise a liability - accounts payable

You might be interested in
Stockholders equity can be described as claims of
Gelneren [198K]
Stockholders equity can be described as claims of OWNERS ON TOTAL ASSETS.

Stockholder's equity is equal to assets less liabilities.

S.E = Asset - Liabilities

The stockholder's are the investors of the company. They invest by buying either preferred shares or common shares of the company.
3 0
3 years ago
Mergers of separate local governments in an effort to reduce bureaucratic redundancy and service inefficiencies are known as ___
ipn [44]

Answer:

The correct answer is City-County Consolidation.

Explanation:

To deal with the recession and reduce costs, several municipalities in the United States join their services, departments and, in some cases, even complete mergers.

According to the US local government, a consolidated city-county, metropolitan municipality or regional municipality is a city and county that have combined to form a jurisdiction.

A metropolitan municipality is a consolidated city-county or a metropolitan government, or both. If the jurisdictional area of the consolidated city-county is a mixture of an urban or suburban or rural area, the term "regional municipality" may also be used.

6 0
3 years ago
Is the South African post office a natural or artificial monopoly?motivate​
stepan [7]

Answer:

The public goods school in economics is getting disproved as we speak about natural monopolies.

Explanation:

3 0
3 years ago
Product or Service Costing influences: Group of answer choices production managers making manufacturing decisions. all of the ot
OLEGan [10]

Answer: marketing managers making pricing decisions.

Explanation:

Management's product and service choices and decisions can influence the cost behavior. The product design, location of plant, technology used in developing a product, product quality, features of product, distribution of product, profit margins, incentives, labor daily wages, and other factors all can influence the cost and pricing decisions of the product.

6 0
3 years ago
How are government corporations useful? Group of answer choices a) Both of the above They undermine the private sector b) They h
GrogVix [38]

both of the above are undermine the private sector.

3 0
3 years ago
Other questions:
  • The​ _________ of forecasting is a process of gaining consensus from a group of experts
    5·1 answer
  • One policy response to the u.s. economic slowdown of 2001 was tax cuts. this policy response can be represented in the is–lm mod
    8·1 answer
  • How long does PowerPoint maintain your customization options?
    9·1 answer
  • What happened to stock prices on october 19, 1929?
    11·1 answer
  • Patton Company purchased $400,000 of 10% bonds of Scott Co. on January 1, 2011, paying $376,100. The bonds mature January 1, 202
    7·1 answer
  • Deep River, a manufacturer of electronic cameras, has excess capacity. The company's New Hampshire plant has the following per-u
    5·1 answer
  • Seminole Corporation common stock currently sells for $32 per share. The firm recently paid a dividend of $1.25 per share. Flota
    12·1 answer
  • 1) You are indecisive about which stock to buy Microsoft, which is selling for $173 a share; or Apple, which is selling for $285
    15·2 answers
  • Every organization needs some degree of flexibility and standardization. True False Being overly committed to following rules ca
    9·1 answer
  • What is the pareto-optimal frontier?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!