Business, 21.01.2021 23:10 campbelldean

Caltran, Inc. completed manufacturing Job 445. It included $310 of direct materials cost, $1220 of direct labor cost, and $560 of allocated manufacturing overhead. Which of the following is the correct journal entry needed to record the completed job? a. Work — in — Process Inventory 1530
Cost of Sold 1530

b. Work — in — Process Inventory 2090
Finished Inventory 2090

c. Finished Goods Inventory 2090
Work — in — Inventory 2090

d. Finished Goods Inventory 2090
Materials Inventory 2090

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 15:30

For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.

Answers: 1

Answer

Business, 22.06.2019 21:20

Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.

Answers: 1

Answer

Business, 23.06.2019 15:10

Ansys license manager error capability cad interface parasolid does not exist in the ansys licensing pool non of the products enabling this capability are available in the specified license path

Answers: 2

Answer

Business, 23.06.2019 21:40

If modern company received $3,650 from connor young company on march 12 for the total amount of an account that had been written off on march 1, the entry to reinstate the account under the direct write-off method would include

Answers: 1

Answer

You know the right answer?

Caltran, Inc. completed manufacturing Job 445. It included $310 of direct materials cost, $1220 of d...

Questions