When direct factory labor is assigned to jobs, there is an increase to: a. Work in Process

Question:

When direct factory labor is assigned to jobs, there is an increase to:

a. Work in Process Inventory and a decrease to Factory Labor.

b. Manufacturing Overhead and a decrease to Factory Labor.

c. Factory Labor and a decrease to Manufacturing Overhead.

d. Factory Labor and a decrease to Work in Process Inventory.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial Accounting Tools For Business Decision Making

ISBN: 9781119754053

9th Edition

Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell

See More Books

Question Posted: Apr 11, 2022 04:58 AM

See More Questions

Assume there is no beginning work in process inventory and the ending work in process inventory is 80% complete with respect to materials costs. The number of equivalent units with respect to...
than E (d) E 17.A shunt generator running at 1000 r.p.m. has generated e.m.f. as 200 V. If the speed increases to 1200 r.p.m., the generated e.m.f. will be nearly (a) 150 V (b) 175 V (c) 240 V...
A firm had 600 units in its work in process inventory at the beginning of a month. Of these units, 30 percent were complete with respect to labor, materials, and overhead. The firm transferred 5,000...
Consider the pistoncylinder assembly containing a pure gas shown below. The initial volume of the gas is 0.05 m3, the initial pressure is 1 bar, and the cross-sectional area of the piston is 0.1 m2....
Describe what is true when two products interact as complements.
Draw up N. Marriotts statement of financial position from the following information as at 31 December 2011: Capital Accounts receivable Car Accounts payable Equipment Inventory Cash at bank 20,700...
Find the area under the standard normal curve between z = 1.5 and z = 1.25.
Berkman Wholesalers accepts from Almonte Stores a $6,200, 4-month, 9% note dated May 31 in settlement of Almontes overdue account. The maturity date of the note is September 30. What entry does...
When a 295 g piece of iron at 190C is placed in a 95 g aluminum calorimeter cup containing 250 g of a liquid at 10C, the final temperature is observed to be 38C. Determine the specific heat of the...
Enterprises began business some years ago as a franchiser of fast food restaurants known as The Mighty Chicken. Initially, all franchises were independently owned, but eventually the company began to...
In recording the issuance of raw materials in a job order cost system, it would be incorrect to: a. Increase Work in Process Inventory. b. Increase Finished Goods Inventory. c. Increase Manufacturing...
The formula for computing the predetermined manufacturing overhead rate is estimated annual overhead costs divided by estimated annual operating activity, expressed as: a. Direct labor cost. c....
The hydraulic cylinder shown in the figure has a 3-in bore and is to operate at a pressure of 800 psi. With the clevis mount shown, the piston rod should be sized as a column with both ends rounded...
The open - circuit ( or zero - current ) voltage across theterminals of a battery is measured, via a voltmeter, to be 1 2 . 0 V . The battery is thenattached to a load that draws 1 . 0 A and the...
Whenever you mix an acid with a base, what occurs? Explain in words and provide an example reaction.
Vanessa, aged 59, is retired and has a superannuation balance of $550,000. This balance includes a tax-free component of $175,000. If Vanessa makes a lump sum withdrawal of $175,000, what are the tax...
Mauro Products distributes a single product, a woven basket whose selling price is $11 per unit and whose variable expense is $10 per unit. The company's monthly fixed expense is $1,100. Required: 1....
Give the journal entries and record in the third paragraph that I should put in my T account. Tempest Tech Incorporated (TTI), a new-age technology company located in Mississauga, Ontario, began...
What factors in the nature of demand are likely to affect the long-, medium- and short- term planning and control activities at Air France?
Express these numbers in standard notation. a. 2.87 10-8 b. 1.78 1011 c. 1.381 10-23
Which ratios should be used to help answer the following questions? (a) How efficient is a company in using its assets to produce sales? (b) How near to sale is the inventory on hand? (c) How many...
The price-earnings ratio of General Motors (automobile builder) was 8, and the price-earnings ratio of Microsoft (computer software) was 38.Which company did the stock market favor? Explain.
Holding all other factors constant, indicate whether each of the following changes generally signals good or bad news about a company. (a) Increase in profit margin. (b) Decrease in inventory...
Discuss the dynamic organization of the cytoskeleton and its pivotal role in cellular motility, intracellular transport, and structural integrity .
Would you support the idea of a government issued Digital currency? Why ? and why not?
To protect her savings against further inflation and to help her prepare for a healthy financial future, Hanna Lind deposits $9,100 in an investment account earning 6% interest compounded quarterly....

When direct factory labor is assigned to jobs, there is an increase to: a. Work in Process

Question:

Step by Step Answer:

Solution Answer A Explanation The journal entry to record the total ...View the full answer

Managerial Accounting Tools For Business Decision Making

Students also viewed these Business questions