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

Author Question: Waddell Productions makes separate journal entries for all cost accounting-related activities. It ... (Read 73 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
on: Mar 6, 2021
Waddell Productions makes separate journal entries for all cost accounting-related activities. It uses a standard cost system for all manufacturing items. For the month of June, the following activities have taken place: 

Direct Manufacturing Materials Purchased$300,000
Direct Manufacturing Materials Used250,000
Direct Materials Price Variance10,000unfavorable
 (at time of purchase)
Direct Materials Efficiency Variance15,000favorable
Direct Manufacturing Labor Price Variance6,000favorable
Direct Manufacturing Labor Efficiency Variance4,000favorable
Direct Manufacturing Labor Payable170,000

Required: 
Record the necessary journal entries to close the accounts for the month.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by CQXA on Mar 6, 2021

vickybb89

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


CQXA

  • Member
  • Posts: 546
Reply 2 on: Mar 6, 2021
Gracias!

amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Procedures for Diagnostic Tests Related to the Musculoskeletal system Procedures for Diagnostic Tests Related to the Musculoskeletal system
Nursing Responsibilities Related to Adverse Drug Reactions and Drug Interactions in Older Adults Nursing Responsibilities Related to Adverse Drug Reactions and Drug Interactions in Older Adults
A typical ratchet used to rotate a socket. A ratchet makes a ratcheting noise when it is being ... A typical ratchet used to rotate a socket. A ratchet makes a ratcheting noise when it is being ...
Separate thigh from leg to create six pieces Separate thigh from leg to create six pieces
Managerial Accounting Managerial Accounting
Similar, But Not Related Similar, But Not Related
Video: Digestion Animation

For a complete list of videos, visit our video library