This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Machine depreciation can be a cost-driver for a manufacturing company under ABC system. Indicate ... (Read 110 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
on: Jul 5, 2018
Machine depreciation can be a cost-driver for a manufacturing company under ABC system.
 
  Indicate whether this statement is true or false.

Question 2

Salaries of 6,400 are paid for a five-day week on Friday. Prepare the adjusting journal entry that is required if the month ends on Thursday.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaymee143

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 5, 2018
Answer to Question 1

Answer: FALSE

Answer to Question 2

Salaries Expense (6,400/5 x 4) 5,120
Salaries Payable Salaries Payable 5,120


Cooldude101

  • Member
  • Posts: 557
Reply 2 on: Jul 5, 2018
Wow, this really help

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Overview of blood flow through vessels in a closed circulatory system. Overview of blood flow through vessels in a closed circulatory system.
The respiratory system: nasal cavity, pharynx, larynx, trachea, bronchus, and lung with expanded vie The respiratory system: nasal cavity, pharynx, larynx, trachea, bronchus, and lung with expanded vie
James A. Garfield lies mortally wounded. After failing to locate the bullet, surgeons called in Alex James A. Garfield lies mortally wounded. After failing to locate the bullet, surgeons called in Alex
Procedures for Diagnostic Tests Related to the Digestive System Procedures for Diagnostic Tests Related to the Digestive System
Placard near driver’s door, including what devices in the vehicle contain mercury. Placard near driver’s door, including what devices in the vehicle contain mercury.
How to manually solve a linear system with three variables without matrices (Question 1 of 2) How to manually solve a linear system with three variables without matrices (Question 1 of 2)
Video: Chloroplast Structure & Light Dependent Reactions (Photosystem 1 and 2 Cyclic Electron Flow)

For a complete list of videos, visit our video library