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2 years ago

The journal entry to record the use of utilities in a factory could include which two of the following:

1 answer:

7 0

Answer: Debit to Factory Overhead.
Credit to Factory Utilities Payable.

Explanation:Utilities are part of actual overhead costs. It is a necessary cost in order to operate the factory, but is not DIRECT Labor or DIRECT Material.

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Birk Co. uses a job order cost system. The following debits (credits) appeared in Birk's work-in-process account for the month o

svp [43]

Answer:

The amount of direct materials charged to Job No. 5 is $5,200.

Explanation:

Work in process, April 30 = Balance + Direct material + Direct labor + Factory overhead - Cost of finished goods

= $4,000 + 24,000 + 16,000 + 12,800 - 48,000

= $8,800

Job No 5 = Work in process, April 30 = $8,800

Job No 5 = Direct material + Direct labor + Factory overhead

$8,800 = Direct material + $2,000 + $1,600 ($2,000 * 80%)

Direct material = $8,800 - $2,000 - $1,600

= $5,200

Therefore, The amount of direct materials charged to Job No. 5 is $5,200.

5 0

3 years ago

An application currently stores all its data on Amazon EBS Volumes. All EBS volumes must be backed up durably across multiple Av

rewona [7]

Answer:

A. Take regular EBS snapshots .

Explanation:

- $B$ is incorrect. It lacks durability of EBS volumes.

- $C$ is incorrect. ECT Instance stores are not durable.

- $D$ is incorrect. Mirroring across EBS volumes is pargely inefficient.

-Since EBS snapshots only saves snapshots of the most recent device changes, a great deal of time and memory is saved. Also, only data unique to any particular snapshot is removed in cases of deletion.

5 0

3 years ago

A team that consists of members who interact by computer network to collaborate on projects is called a(n)

Viefleur [7K]

It is called solution. I guess so.

8 0

3 years ago

Use the following information:Beginning cash balance on March 1, $72,000.Cash receipts from sales, $300,000.Budgeted cash paymen

Lynna [10]

Answer and Explanation:

The preparation of the cash budget for the month of March ended is presented below:

Cash Budget

Particulars Amount ($)

Opening Cash Balance 72,000

Add: Cash Receipts from Sales 300,000

Total Cash Available 372,000

Less:

Cash Payments

Purchases 140,000

Salaries 80,000

Cash Expenses 45,000

Repayment of Bank Loan 20,000

Total Payments -285,000

Closing Cash Balance 87,000

We simply deduct the all payments from the total cash available so that the ending balance of cash could come

8 0

3 years ago

The "over-the-counter" market received its name years ago because brokerage firms would hold inventories of stocks and then sell

Svetradugi [14.3K]

Answer:

false

Explanation:

Over-the-counter refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded over-the-counter are traded via a dealer network as opposed to on a centralized exchange.

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3 years ago