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larisa [96]
4 years ago
10

During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo

r general factory use. Factory overhead applied to production was $23,000. The entry to record the factory overhead applied to production is __________.
Business
1 answer:
son4ous [18]4 years ago
7 0

Answer:

The journal entry which is to be recorded for the factory overhead applied to production is shown below:

Explanation:

Factory overhead applied is the amount of the overhead expense which has been applied to the cost object.

The journal entry which is to be recorded for the factory overhead applied to production is as:

Work in Progress A/c.............................Dr  $23,000

      Factory overhead A/c..........................Cr  $23,000

Being the factory overhead applied to the production is reported

As the factory overhead applied, then the work in progress account is debited against the factory overhead account is credited.

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When inflation occurs each dollar of income will buy ______ goods and services than before. Multiple choice question. fewer more
Sliva [168]

When inflation occurs each dollar of income will buy fewer goods and services than before.

<h3>What is inflation?</h3>
  • In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation.
  • Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
  • Deflation, a continuous drop in the general level of prices for goods and services, is the reverse of inflation.
  • The annualized percentage change in a general price index, or the inflation rate, is the most widely used indicator of inflation.
  • The consumer price index (CPI) is frequently employed for this purpose because price increases are not uniform across the board.
  • In the United States, wages are also calculated using the employment cost index.

Therefore, when inflation occurs each dollar of income will buy fewer goods and services than before.

Know more about deflation here:

brainly.com/question/13562161

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6 0
3 years ago
Which of the following statements is CORRECT?
Semmy [17]
The correct answer is E
4 0
3 years ago
Managerial employment risk is the: Group of answer choices risk that managers will behave opportunistically. risk undertaken by
klemol [59]

Answer:

Managers' risk of job loss, loss of compensation, and/or loss of reputation.

Explanation:

Managerial employment risk is basically the risk of loss associated to the managers for being a manager.

It not only involves the loss of losing job, but as the person is a manager there is a serious risk attached in the form of loss of reputation and not getting any other job in the market because of poor reputation.

As the managers are responsible for the functioning of any company, and that the performance is equally important and represents the performance of a manager.

If company performs good the manager is called efficient whereas if the company do not perform good, the manager is called inefficient.

Accordingly, a manager faces the risk of losing job, reputation and without even getting any compensation.

8 0
3 years ago
Find the annual percent increase or decrease that y = 0.35(2.3)x models.
marishachu [46]

its B 130%.


(Says I need to write at least 20 characters, sooo hows your day going?)

                                                                                                                                                                       

5 0
3 years ago
Manila Water, the provider of the water and sewerage services in the capital of the Philippines has purchased the government-own
BabaBlast [244]

Answer:

Planning

Explanation:

Planning can be defined as what is needed and required to achieve a desired goal because PLANNING is the first and foremost activity often needed to achieve a desired goal or results reason been that PLANNING involves the creation as well as the maintenance of a plan and it helps to achieve objectives which is why every organization or company always has certain objectives in which they keep on working hard to fulfill these goals and objectives which in turn helps the organization to achieve their aims.

Therefore based on the information given about Manilla water the development, maintenance, and allocation of resources to achieve its goal will require PLANNING.

5 0
3 years ago
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