« previous next »

Author Question: On October 30, Damien Lawson withdraws 3,330 from JumpStart for personal use. Journalize this ... (Read 76 times)

notis

  • Hero Member
  • *****
  • Posts: 596
on: Jul 5, 2018
On October 30, Damien Lawson withdraws 3,330 from JumpStart for personal use. Journalize this event.

Question 2

Which of the following statement is true of Hebar's setup costs under traditional costing?
 
  A) L3 pack is undercosted by 5,550
  B) L7 pack is undercosted by 5,450
  C) L3 pack is overcosted by 5,550
  D) L7 pack is overcosted by 5,550


olderstudent

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 5, 2018
Answer to Question 1

Oct. 30 Damien Lawson, Drawing 3,330
Cash 3,330
Withdrew cash forpersonal use.

Answer to Question 2

Answer: C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Personal Beliefs Influence Grades Personal Beliefs Influence Grades
Older people who experienced stressful events in their younger years may show personal growth and ... Older people who experienced stressful events in their younger years may show personal growth and ...
Personal care setting. Personal care setting.
The CAMEO entry for chlorine. Useful information includes chemical and physical properties, personal ... The CAMEO entry for chlorine. Useful information includes chemical and physical properties, personal ...
Personal Finance (5th Edition) (The Personal Series in Finance) Personal Finance (5th Edition) (The Personal Series in Finance)
October 24, 2023 October 24, 2023
Video: Brief Summary on Photosynthesis - Animation

For a complete list of videos, visit our video library