The supplies account had a balance at the beginning of year 3 of $8900 (before the reversing entry). payments for purchases of supplies during year 3 amounted to $53300 and were recorded as expense. a physical count at the end of year 3 revealed supplies costing $14900 were on hand. reversing entries are used by this company. the required adjusting entry at the end of year 3 will include a debit to:
Answers: 2
Business, 22.06.2019 12:50, trintrin227
Afirm’s production function is represented by q(m, r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false
Answers: 3
Business, 23.06.2019 03:00, KenzieSparkles
Depasquale corporation is working on its direct labor budget for the next two months. each unit of output requires 0.61 direct labor-hours. the direct labor rate is $8.70 per direct labor-hour. the production budget calls for producing 6,700 units in may and 7,100 units in june. if the direct labor work force is fully adjusted to the total direct labor-hours needed each month, what would be the total combined direct labor cost for the two months?
Answers: 3
Business, 23.06.2019 04:00, genyjoannerubiera
The servers at gerry frasier's busy ice cream shop decided that putting more ice cream in the sundaes and cones would bring back more customers. after three months, gerry was surprised to discover that his profit had
Answers: 1
The supplies account had a balance at the beginning of year 3 of $8900 (before the reversing entry)....
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