James Warehouse Storage billed his customer Ellen Rogers for $1000 in rental fees. What is the requied joural entry?
Debit Accounts Receivable for $1,000 and credit Rental Fees for $1,000
Credit Rental Fees for $1,000 and debit Accounts Receivable for $1.000
Debit Cash for $1,000 and debit Rental Fees for $1,000
Credit Rental Fees for $1,000 and debit Rental Fees for $1,000
Answers: 2
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Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?
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The upper-level managers of synergy technology are meeting for the week to look at the long-term company goals and overall direction of the organization. the ceo has expressed her concern over the economy and has told her managers to look closely at the environment outside the organization before making decisions and to be future oriented. in this meeting, top managers of synergy are
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James Warehouse Storage billed his customer Ellen Rogers for $1000 in rental fees. What is the requi...
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