Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Depreciation changes for September totalled $15,000($10,000 for production equipment, $3000 for factory computers and printer, $2000 for sales computers and printers) what is the journal entry to record this?

a) Raw material costs are recognize in the income statement when: 1) material cost are paid for, 2) material costs are incurred, 3)products are completed, 4) product are sold

b) Roughriders manufacture custom-made motorcycles. they incur high telephone costs taking sales orders from customers. Which of the following is a proper classification of their telephone expernse: 1) product cost, 2) period cost, 3) conversion cost, 4) prime cost?

c) The journal entry to apply manufacturing overhead includes credit to : a) Raw material, b) work in process, c) finish good, d) Manufacturing over head, e) cost of good sold

d) What is the total product cost? DM used 145,000, Factory supervisor's salaries 6,000, direct wages 205,000, sales office rent and utilities 22,000, Factory equipment depreciation 35,000, Secretary to the chief executive officers salary 4000, Factory insurance 15,000

e) In traditional costing system, what is the appropriate entry if the direct material of 20,000 and indirect material of 3,000 are sent to manufacturing plant floor?

f) Which of the following cost is considered inventorial cost in manufacturing company: 1) salary of the company President, 2) depreciation on assembly equipment, 3) Salaries of the factory worker, 3) rent on the finished good, 4) Property tax on the factory building

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91980966

Have any Question?


Related Questions in Operation Management

Item x is a standard item stocked in a companys inventory

Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 1,500 of item X, which costs $25 each. Storage costs, which include insurance and cost of c ...

International business- management focus fordrsquos global

International Business- Management Focus: Ford’s Global Strategy Summary The Management Focus describes the changes in U.S. automaker Ford’s global strategy after former Boeing executive Alan Mulally was appointed CEO in ...

Choose a concept or theory from the reading this week and

Choose a concept or theory from the reading this week and respond to the following: TOPIC: PRINCIPLES OF VERBAL COMMUNICATION 1. Why did you choose this theory or concept? What is the theory or concept important to you? ...

Imagine that you are working as an intern at an advertising

Imagine that you are working as an intern at an advertising agency and the agency just won a new account, a bottled team named Leafs Alive. The sale of bottled tea is surging, with the industry reaching $10.5 billion in ...

What are the 5 major criteria used by bankers in granting

What are the 5 major criteria used by bankers in granting business loans (known as 5 C’s)? Now, tell me why each “C” important? As a banker would you trade-off a “low-low score” in one of the C’s for a “high-high score” ...

1 explain the make-or-buy decision process and describe how

1. Explain the make-or-buy decision process and describe how to perform the financial calculations in the simple lease-or-buy example provided in this chapter. 2. Develop an 8 step plan for a not for profit helping singl ...

1 if a normal random variable has a mean and a standard

1. If a normal random variable has a mean = _____ and a standard deviation = _____, it is called a standard normal distribution. a. 1;0 b. 1;1 c. 0;0 d. 0;1 2. The _____ distribution models the time between randomly occu ...

The healthcare organization finance committee has set a

The healthcare organization finance committee has set a limit of $100 million per year on new capital investment. Conversion to the electronic medical record will be expensive – at least $40 million per year for three ye ...

What are the attributes of a good quantitative analysis

What are the attributes of a good quantitative analysis model? C.W. Churchman once said that "mathematics tends to lull the unsuspecting into believing that he who thinks elaborately thinks well." Do you think that the b ...

1 what are your thoughts on the concept of respondeat

1. What are your thoughts on the concept of respondeat superior? 2. What does writing persuasively mean to you? What techniques do you think an effective persuasive writer should use in his/her writing? 3. What is the pu ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As