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nikdorinn [45]
3 years ago
12

During the current month, a company that uses job order costing purchases $52,000 in raw materials for cash. It then uses $22,00

0 of raw materials indirectly as factory supplies and uses $20,100 of raw materials as direct materials. Prepare journal entries to record these three transactions
Business
1 answer:
bulgar [2K]3 years ago
3 0

Answer:

          Account Title                                                           Debit             Credit

           Raw materials inventory                                      $52,000

           Cash                                                                                            $52,000

         Account Title                                                           Debit             Credit

         Factory Supplies                                                 $22,000

         Raw materials                                                                             $22,000

        Account Title                                                           Debit             Credit

        Work in Process inventory                                  $20,100

        Raw materials                                                                              $20,100

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Monetary policy has a​ ________ effect on aggregate demand in​ a(n) ________​ economy, and fiscal policy has a​ ________ effect
Alja [10]

Answer:

Greater; Open; Greater; Closed

Explanation:

Aggregate demand of economy refers to the total demand for goods and services in an economy at particular period of time.

A closed economy refers to one that has no imports or exports; in order words it is closed from foreign trade with other economies. Thus, fiscal policy would have a greater effect in this economy.

Open economy is the opposite of a closed economy; it allows foreign trade and the aggregate demand of the economy is better influenced by the monetary policy.

3 0
3 years ago
Which is a common use for minerals
Neporo4naja [7]

Answer:

in food they provide day-to-day nutrients that the body needs in order to function

Explanation:

8 0
2 years ago
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HELP ASAP!! DUE TOMORROW!! WILL MARK AS BRAINLIEST IF ANSWERED NOW!!
Wewaii [24]

The student is very unrespectful in his writing

I would be sort of surprised from this email because it is written in a way where I most likely wouldn't be used to.

Based on the email, I would think this student is irresponsible and/or doesn't care enough about the work. He's only half committed to it.

4 0
3 years ago
Patty is a poor college student struggling to work and keep up with her studies. Fred, her uncle, promises to pay Patty support
Arturiano [62]

Answer:

If patty sues, the likely result is:

D. Patty may win under the doctrine of promissory estoppel.

Explanation:

Here, in the given question it is mentioned that Patty is a student who is poor and he is struggling to work and also keep up with her studies inspite of the difficulties.

Her uncle, Fred, promises patty that he will help him in this situation and help her with an amount of $200 per month for the next six months.

Although her uncle, Fred didn't ask her to but patty by herself quits her job so that she gives her maximum time and attention to her studies for the six months in which her uncle was going to help her.

According to what hr uncle promised he gave her the amount which he promised to but this was done for a month and then without saying anything or giving any reason he stopped giving her the amount he promised to.

So, now in this scenario if patty sues the likely result would be:

d. Patty may win under the doctrine of promissory estoppel.

4 0
3 years ago
Breton Woods Standards were found to be inadequate mainly because?
vodomira [7]

Answer:

A key reason for Bretton Woods' collapse was the inflationary monetary policy that was inappropriate for the key currency country of the system.

Explanation:

The US decision to suspend gold convertibility ended a key aspect of the Bretton Woods system. The remaining part of the System, the adjustable peg disappeared by March 1973.

3 0
2 years ago
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