Question

In: Accounting

1. The amount of time spent by an employee on an individual job are recorded on...

1.

The amount of time spent by an employee on an individual job are recorded on

a. employees' earnings records

b. time tickets

c. in-and-out cards

d. pay stubs

2.

Period costs are

a. classified as direct labor, direct material, or factory overhead

b. found on the balance sheet

c. not involved in the production process

d. found on the job order cost sheets

3.

During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 for general factory use. In addition, factory overhead charged to production was $32,000. The entry to record the direct labor costs is

a. Work in Process                  150,000

      Wages Payable                                       150,000

b. Work in Process                  175,000

      Wages Payable                                       175,000

c. Wages Payable                    150,000

      Work in Process                                     150,000

d. Wages Payable                   175,000

     Work in Process                                       175,000

Solutions

Expert Solution


Related Solutions

One particular morning, the length of time spent in the examination rooms is recorded for each...
One particular morning, the length of time spent in the examination rooms is recorded for each patient seen by each physician at an orthopedic clinic. Time in Examination Rooms (minutes) Physician 1 Physician 2 Physician 3 Physician 4 33 31 19 27 23 32 29 31 27 33 30 31 30 32 26 27 25 43 29 32 35 32 26 31 20 24 41 31 Fill in the missing data. (Round your p-value to 4 decimal places, mean values...
The Bureau of Labor Statistics’ American Time Use Survey showed that the amount of time spent...
The Bureau of Labor Statistics’ American Time Use Survey showed that the amount of time spent using a computer for leisure varied greatly by age. Individuals age 75 and over averaged 0.40 hour (24 minutes) per day using a computer for leisure. Individuals ages 15 to 19 spend 1.1 hour per day using a computer for leisure. If these times follow an exponential distribution, find the proportion of each group that spends: Less than 22 minutes per day using a...
Amount Spent on Energy: The table to the right shows the amount spent (in dollars) on...
Amount Spent on Energy: The table to the right shows the amount spent (in dollars) on energy in one year for a random sample of households from four regions in the United States. Conduct a test at the alpha equal .05 level to determine if there is a difference in the mean amount spent in dollars on energy Run the ANOVA analysis using excel data analysis tools on this sheet to show the work. Answer the following questions on the...
An employee has come to you with a request to take on a part-time job. The...
An employee has come to you with a request to take on a part-time job. The employee would be working for Price Waterhouse as a contract employee during tax season. The employee has assured you that she will not work more than 20 hours a week, primarily on weekends. Price-Waterhouse is one of the five accounting firms that has put a bid in to do the auditing for G-BioSport. Possible Solutions: Allow the accountant to work as long as a...
An employee has come to you with a request to take on a part-time job. The...
An employee has come to you with a request to take on a part-time job. The employee would be working for Price Waterhouse as a contract employee during tax season. The employee has assured you that she will not work more than 20 hours a week, primarily on weekends. Price-Waterhouse is one of the five accounting firms that has put a bid in to do the auditing for G-BioSport. Possible Solutions: Allow the accountant to work as long as a...
An employee has come to you with a request to take on a part-time job. The...
An employee has come to you with a request to take on a part-time job. The employee would be working for Price Waterhouse as a contract employee during tax season. The employee has assured you that she will not work more than 20 hours a week, primarily on weekends. Price-Waterhouse is one of the five accounting firms that has put a bid in to do the auditing for G-BioSport. Be Reasonable: Explore the Options 1. Basic Liberties Choose three options...
A study found that the mean amount of time cars spent in drive-throughs of a certain...
A study found that the mean amount of time cars spent in drive-throughs of a certain fast-food restaurant was 150.5 seconds. Assuming drive-through times are normally distributed with a standard deviation of 34 seconds, complete parts (a) through (d) below. (a) What is the probability that a randomly selected car will get through the restaurant's drive-through in less than 93 seconds? The probability that a randomly selected car will get through the restaurant's drive-through in less than 93 seconds is (Round to...
A study shows that the amount of time spent by millennials playing video games is 22.6...
A study shows that the amount of time spent by millennials playing video games is 22.6 hours a month, with a standard deviation of 6.1 hours. A bright UWI stats student has doubts about the study’s results. She believes that they actually spend more time. The student tries to resolve her doubts, and collects a random sample of 60 millennials, asking them to keep a daily log of their video game playing habits. Millennials in the sample played an average...
The Customer Service Center for a large airline has determined that the amount of time spent...
The Customer Service Center for a large airline has determined that the amount of time spent with a customer about a complaint is normally distributed, with a mean of 9.3 minutes and a standard deviation of 2.9 minutes. (a) What is the probability that, for a randomly chosen customer with a complaint, the amount of time spent resolving the complaint will be less than 10 minutes? (Round your answers to four decimal places.) (b) What is the probability that, for...
A study found that the mean amount of time cars spent in​ drive-throughs of a certain​...
A study found that the mean amount of time cars spent in​ drive-throughs of a certain​ fast-food restaurant was 140.9140.9 seconds. Assuming​ drive-through times are normally distributed with a standard deviation of 2424 ​seconds, complete parts​ (a) through​ (d) below.Click here to view the standard normal distribution table (page 1). LOADING... Click here to view the standard normal distribution table (page 2). LOADING... ​(a) What is the probability that a randomly selected car will get through the​ restaurant's drive-through in...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT