Need some help with this one, what it the ancwer and explination, thanks × \\ e
ID: 2530061 • Letter: N
Question
Need some help with this one, what it the ancwer and explination, thanks
× e The Following https//newconnect.mheducation.com/flow/connect.html D Port Ku ard- x-1 McGraw Hill C ? / Connect e chegg Study e chegg Study l × e chegg Study l x e chegg Study ?- ? × CSecure a? ?Back This window shows your responses and what was marked correct and incorrect from your previous attempt. Rhudy Corporation uses a standard cost system in which inventories are recorded at their standard costs and any variances are closed directly to Cost of Goods Sold. The direct labor standards for the company's only product specify 0.60 hours per unit at $20.00 per hour. During the year, the company started and completed 20,700 units. Direct labor employees worked 12,120 hours at an average cost of $18.90 per hour Assume thst all transactions are recorded on a worksheet as shown in the text. On the left-hand side of the equals sign in the worksheet are columns for Cash, Raw Materials, Work in Process, Finished Goods, and PP&E; (net). All of the variance columns are on the right-hand-side of the equals sign along with the column 0/6.25 points awardedor Retained Earnings Scored When recording the direct labor costs, the Work in Process inventory account will increase (decresse) by. Multiole Choice $229,068 ($229,068 $248.400 $248,400 3-25 PM O Type here to search ^??? ED 4/24/2018Explanation / Answer
Work in process account should be increase by Standard direct labour cost
Standard direct labour cost = 20700*0.60*20 = 248400
so answer is d) 248400
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.