dsethardin5588 dsethardin5588

23-07-2020
Business

contestada

Libby Company manufactures a single product by a continuous process, involving the production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $160,000, $125,000, and $150,000, respectively. The journal entry to record applied factory overhead is

Respuesta :

27-07-2020

Answer:

Work In Process Account $150,000 (debit)

Overheads $150,000 (credit)

Explanation:

Overheads are included in Work In Process Account at their Applied Amounts .Thus a Debit in Work In Process Account and a Credit in Overheads Account is required for this entry.

Answer Link

Otras preguntas

essay on how the crucible and world war 1 are similar

Though there was tension between and within the regencies why is it that relations between Algiers and Tripoli and Tunis and Tripoli appear to have been more pe

A survey was conducted out of 50 people to determine college major preferences. The results are below. Based on the results of the survey, how many of the next

A golf ball rolls off a horizontal cliff with an initial (horizontal) speed of 11.4 m/s. The ball falls a vertical distance of 15.5 m into a lake below. a.) How

a circular plot of land has a diamater of 14 yards. what is the area of the land. use 3.14 for pi

If AABC is reflected across the y-axis, what are the coordinates of A'? 8 2 4 -8

5)Locate and label the following kingdom ofearly Medieval perioda) Rashtrakutas b) Cholas c) PalasChahmanase) Chalukyas f) Pallavasd)

ms. dasilva needs to refill her stock of post-its. at the store, she finds two option: staples an 18-pack which costs $15.30. office max a 4-pack which costs $3

Which of the following is correct with respect to a non-cancellable lease agreement for purchase of equipment by an enterprise fund? I) It should capitalize the

The cares act of 2020 increased disposable income by $600billion. If consumers spent $400 billion of those income transfer immediately.