All categories

3 years ago

Journalize the following transactions for Combs Company.

Business

1 answer:

lions [1.4K]3 years ago

8 0

Answer:

No Account Titles and Explanation Debit Credit

A. Raw material inventory $13,800

Direct material price variance $740

($13,800 - $13,060)

Account payable $13,060

(To record purchase of materials)

B. Work in process inventory $13,780

6,890 * ($13,800/6,900)

Direct material quantity variance $220

($13,780 - $13,560)

Raw materials inventory $13,560

6,780 * ($13,800/6900)

(To record materials issued to production)

You might be interested in

Cordner Corporation has two production departments, P1 and P2, and two service departments, S1 and S2. Direct costs for each dep

Paladinen [302]

Answer:

$46,200

Explanation:

Calculation to determine the amount of S2 costs allocated to S1

S2 costs allocated to S1 =$66,000*0.70/(0.70 +0.10+ 0.20)

S2 costs allocated to S1 =$46,200/1.00

S2 costs allocated to S1 =$46,200

Therefore Under the step method of cost allocation, the amount of S2 costs allocated to S1 would be:$45,200

6 0

4 years ago

Management by ______ is a four-step process in which managers and employees jointly set objectives, develop action plans, review

marshall27 [118]

Answer:

Management by objectives is a four-step process in which managers and employees jointly set objectives, develop action plans, review performance, and appraise and reward employees.

Explanation:

Management by objectives (MBO)

A management system in which the objectives of an organization are agreed upon so that management and employees understand a common way forward.

5 0

2 years ago

Branch-circuit conductors supplying a single motor compressor shall have an ampacity not less than 125% of either the motor-comp

Lady_Fox [76]

Branch-circuit conductors supplying a single motor compressor shall have an ampacity not less than 125% of either the motor-compressor rated load current or the branch-circuit selection current, whichever is greater. For a wye-start, delta-run connected motor-compressor, the selection of branch-circuit conductors between the controller and the motor-compressor shall be permitted to be based upon 72% of either the motor-compressor rated-load current or the branch-circuit selection current, whichever is greater.

Explanation:

A branch circuit consists of the conductors between the final over current safety equipment and the exhaust system(s).It consists of drivers between the final over current protection equipment (OCPD) and the receptacle outlets, the illumination outlet(s).

The OCPDs must produce an ampacity of not under 125% of the continuous loads plus 100% of the non-continuous loading.

You must not exceed 125% of the continuous charges, plus 100% of the non-consistent charges

8 0

4 years ago

-6x + 3y = -12 y = 2x - 4

Wittaler [7]

Hey below is an image of the solution

7 0

4 years ago

Vin diesel owns the fredonia barber shop. he employs 6 barbers and pays each a base rate of $1,310 per month. one of the barbers

Ugo [173]

To find the fixed cost, we need add all costs that do not change with the number of haircuts. These are the salaries of the barbers and the manager bonus, the advertisement fees, rent and the magazines. We also have the standard part of the utility payment, the 170$. Those add up to:
6*1310+520+280+980+20+170=9830$. We also have regarding the variable costs:
The utilities variable part are included since they depend on haircuts, barber supplies and the base rate of each barber per haircut. Hence those are:
(5.90+0.38+0.27 per haircut)=6.55$ per haircut

6 0

3 years ago