TB MC Qu. 16-149 Dazzle, Inc. produces beads for...
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is:
Homework Answers
The entry would be
Debit : Work in Process Inventory $172,000
Credit : Factory wages payable $172,000
Option B is the answer
TB MC Qu. 16-149 Dazzle, Inc. produces beads for...
TB MC Qu. 16-149 Dazzle, Inc. produces beads for...Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is:
Dazzle, Inc. produces beads for jewelry making use.
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for overhead allocation is:
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June....
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is: Direct materials used $ 100,000 Direct labor used 173,000 Predetermined overhead rate (based on direct labor) 160 % Goods transferred to finished goods 445,000 Cost of goods sold 457,000 Credit sales 823,000 A. Debit Cost of Goods Sold $173,000; credit Factory Wages Payable $173,000 B. Debit Work...
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations and sales...
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations and sales activities for June. The journal entry to record June sales is: direct materials used 98,000 direct labor uses 171000 predetermined overhead rate (based on direct labor) 150% goods transferred to finished goods 443,000 cost of goods sold 455,000 credit sales 920,000 A. debit work in process inventory 171,000; credit cash 171,000 B. debit work in process inventory 171,000; credit factory overhead 171,000 C. debit...
need help with question #6 E) $2.00 per MH 5) Dazzle, Inc. produces beads for jewelry making use. The following inf...
need help with question #6
E) $2.00 per MH 5) Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June, The journal entry to record June production activities for overhead allocation is: Direct materials used Direct labor used Predetermined overhead rate (based on direct labor) Goods transferred to finished goods Cost of goods sold Credit sales 87,000 160,000 155% 432,000 444,000 810,000 A) Debit Factory Overhead $248,000; credit Cash $248,000. B) Debit Work in...
Dazzle Inc. produces beads for jewelry manguse the following information summas production certions for the u...
Dazzle Inc. produces beads for jewelry manguse the following information summas production certions for the u ntry to record production s for overed Direct materials used Direct labor used Predetermined overhead rate based on direct labor) Goods transferred to finished goods Cost of toods sold $ 107.000 $ 180,cee 161% S52. $ 464.000 $1,010,000 0 O Debit W in Proces ory 520.000 credit Factory Outed 5190.000 0 DW 0 000 Gractory 120.000 0 ODW 8 000 80.000 0 Debe Work...
TB MC Qu. 16-96 A company's beginning Work...
TB MC Qu. 16-96 A company's beginning Work...A company's beginning Work in Process inventory consisted of 37,000 units that were 90 %complete with respect to direct labor. A total of 107,000 were finished during the period and 42,000 remaining in Work in Process inventory were 50 %complete with respect to direct labor at the end of the period, Using the weighted-average method, the equivalent units of production with regard to direct labor were:
TB MC Qu. 3-59 During June, Buttrey Corporation incurred ... During June, Buttrey Corporation incurred $79,000...
TB MC Qu. 3-59 During June, Buttrey Corporation incurred ... During June, Buttrey Corporation incurred $79,000 of direct labor costs and $19,000 of indirect labor costs. The journal entry to record the accrual of these wages would include a: Multiple Choice debit to Work in Process of $79,000. credit to Work in Process of $98,000. debit to Work in Process of $98,000. o credit to Work in Process of $79,000. o
TB MC Qu. 8-149 Petrini Corporation makes one product ... Petrini Corporation makes one product and...
TB MC Qu. 8-149 Petrini Corporation makes one product ... Petrini Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations: The budgeted selling price per unit is $110. Budgeted unit sales for January, February, March, and April are 7,500, 10,600, 12,000, and 11,700 units, respectively. All sales are on credit. Regarding credit sales, 30% are collected in the month of the sale and 70% in the...
TB MC Qu. 5-125 Mcdale Inc. produces and sells two ... Mcdale Inc. produces and sells...
TB MC Qu. 5-125 Mcdale Inc. produces and sells two ... Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below. Sales Variable expenses Product 149V $51,000 $13,900 Product 250U $56,000 $26,760 The fixed expenses of the entire company were $39,050. The break-even point for the entire company is closest to:
TB MC Qu. 16-149 Dazzle, Inc. produces beads for...Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is:
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for overhead allocation is:
need help with question #6
E) $2.00 per MH 5) Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June, The journal entry to record June production activities for overhead allocation is: Direct materials used Direct labor used Predetermined overhead rate (based on direct labor) Goods transferred to finished goods Cost of goods sold Credit sales 87,000 160,000 155% 432,000 444,000 810,000 A) Debit Factory Overhead $248,000; credit Cash $248,000. B) Debit Work in...
Dazzle Inc. produces beads for jewelry manguse the following information summas production certions for the u ntry to record production s for overed Direct materials used Direct labor used Predetermined overhead rate based on direct labor) Goods transferred to finished goods Cost of toods sold $ 107.000 $ 180,cee 161% S52. $ 464.000 $1,010,000 0 O Debit W in Proces ory 520.000 credit Factory Outed 5190.000 0 DW 0 000 Gractory 120.000 0 ODW 8 000 80.000 0 Debe Work...
TB MC Qu. 3-59 During June, Buttrey Corporation incurred ... During June, Buttrey Corporation incurred $79,000 of direct labor costs and $19,000 of indirect labor costs. The journal entry to record the accrual of these wages would include a: Multiple Choice debit to Work in Process of $79,000. credit to Work in Process of $98,000. debit to Work in Process of $98,000. o credit to Work in Process of $79,000. o
TB MC Qu. 5-125 Mcdale Inc. produces and sells two ... Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below. Sales Variable expenses Product 149V $51,000 $13,900 Product 250U $56,000 $26,760 The fixed expenses of the entire company were $39,050. The break-even point for the entire company is closest to:
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