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statuscvo [17]
3 years ago
12

The journal entry to record the use of utilities in a factory could include which two of the following: (You may select more tha

n one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
Debit to Factory Overhead
Credit to Factory Overhead
Debit to Factory Utilities Payable
Credit to Factory Utilities Payable
Credit to Raw Materials
Credit to Factory Wages Payable
Business
1 answer:
Paraphin [41]3 years ago
3 0

Answer:

Debit to Factory Overhead

Credit to Factory Utilities Payable

Explanation:

The journal entry to record the use of utilities in a factory is as follows:

Factory overhead Dr XXXXX

         To Factory utilities payable XXXXX

(Being the utilities usage is recorded)

Here the factory overhead is debited as it increased the expenses and credited the factory utilities payable as it also increased the liabilities

So, the above represent the answer

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Software that streamlines and automates business processes and enables organizations to use data effectively is called _______ s
Setler [38]
The answer to this question is database management software
This type of software is usually designed to retrieve data, manage it, process it, and present it in a way to make materials duty become a lot esier.
This software will definitely increase the overall productivity in the workplace with lower cost in the long run.
7 0
4 years ago
Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identifica
Dahasolnce [82]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

For specific identification, ending inventory consists of 390 units, where 370 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory.

We weren't provided with enough information to answer the requirement. But, I can give you the answer using simulated numbers.

<u>Under specific identification, the company calculates the ending inventory and cost of goods sold with the exact units that were sold or remain in inventory.</u>

For example:

Beginning inventoy= $15 per unit

Jan. 30: $17 per unit

Jan. 20: $16 per unit

Ending inventory= 370*17 + 5*16 + 15*15= $6,595

4 0
3 years ago
Antonio and Dina are debating the use of student discounts by local theaters near school. Antonio argues, "When theaters offer d
Ivanshal [37]

Answer:

The correct answer is letter "A": Dina.

Explanation:

The fact that local theaters near school offer a discount to students with valid identification is not a form of discrimination. As stated by Dina, there is no age restriction, for instance, and it is presumed, there is no other such religious preference, sexual orientation, race, and so forth. Economists are more likely to agree with Dina since what the local theaters are simply trying to do is to get the more clientele possible out of diverse sources. In this case, the source is the student status.

7 0
4 years ago
Kermit bought a production line 5 years ago for $35,000. At that time it was estimated to have a service life of 10 years and sa
andre [41]

Answer: The defender must be analyzed using a first cost of _____$12,000______ and a salvage value of _____$6,000_______ for ____5______ years. The challenger must be analyzed using a first cost of ____$95,000______ and a salvage value of _____$15,000_____ for _____15____ years.

Explanation:

The defender would first be analyzed using the first cost of the machine which was $12,000 and it salvaged value of $6,000 for a periodic of 5years.

While the challenger would be analyzed using using a first cost of $95,000 and a salvaged value of $15,000 over a period of 15years.

7 0
4 years ago
What must profit-seeking entrepreneurs do in order to be successful?
Nostrana [21]
To put it simply, they have to develop a product that make people want to pay to acquire it.

Sellable product usually either :
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4 years ago
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