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Author Question: Which of the following is true of plant utility costs? A) It increases the Materials Control ... (Read 106 times)

fahad

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Which of the following is true of plant utility costs?
 
  A) It increases the Materials Control account.
  B) It increases the Manufacturing Overhead Control account.
  C) It increases the Work-in-Process Control account.
  D) It is a direct cost.

Question 2

There are four transactions that affect owner's equity. (a) What are the two types of transactions that increase owner's equity? (b) What are the two types of transactions that decrease owner's equity?



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okolip

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Answer to Question 1

Answer: B

Answer to Question 2

(a) Additional investment by the owner and increase in revenues
(b) Withdrawal made by the owner and increase in expenses




fahad

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it


rachel

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Reply 3 on: Yesterday
Wow, this really help

 

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