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ariannecama
18.06.2021 •
Business
In a job-order costing system, the use of indirect materials that have been previously purchased is recorded as a credit to: a. work in process inventory. b. manufacturing overhead. c. raw materials inventory. d. finished goods inventory.
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Ответ:
c. raw materials inventory.
Explanation:
The journal entry to record the indirect material used in the production is given below:
Manufacturing overhead Dr
To Raw material
(Being the indirect material used is recorded)
Here the manufacturing overhead is debited as it increased the expense while the raw material is credited as it decreased the assets
Therefore the option c is correct
Ответ:
Answers:
The correct answer is 1. a) is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions. 2. d. budgeted income statement.
Explanation:
To begin with, a budget is an estimate of the expected results of a specific area in a given period, mainly one year. For its part, the master budget is a plan that covers all areas of the company, and can be adjusted depending on the situations or events that influence the achievement of results. This tool allows a projection of the expected returns taking into account a previous base and the current situation of the sector in which it is located, which is why it is important because it allows drawing a road map for the benefit of all collaborators.