The Journal Entry to Record Direct Labour for Aztec Bromac

question 87

Multiple Choice

The journal entry to record direct labour for Aztec Bromac is:

• A) \(\begin{array} { l l } \text { Dr Work in Process Inventory } & \$ 30,000 \\ \text { Dr Direct Labour Price Variance } & \$ 1,000 \\\text { Cr Wages Payable }&\$31,000\end{array}\)
• B) \(\begin{array}{ll}\text { Dr Wages Payable }&\$30,000\\
• \text { Cr Direct Labour Price Variance } & \$ 1,000 \\
• \text { Cr Work in Process Inventory } & \$ 29,000
• \end{array}\)
• C) \[\begin{array} { l l l }
• \text { Dr Work in Process Inventory } & \$ 32,400 \\
• \text { Cr Direct Labour Price Variance } & \$ 1,000 & \\
• \text { Cr Direct Labour Efficiency Variance } & \$ 8,400 \\
• \text { Cr Wages Payable } & \$ 26,000
• \end{array}\]
• D) \(\begin{array}{ll}
• \text { Dr Work in Process Inventory } & \$ 32,40 0\\
• \text { Cr Direct Labour Price Variance } & \$ 2,000\\
• \text { Cr Direct Labour Efficiency Variance }&\$8,400\\
• \text { Cr Accounts Payable }&\$26,000
• \end{array}\)

Provide culturally sensitive care by appropriately addressing patients' cultural and religious needs.

Identify the role of subcultures within larger cultural groups and their impact on health care practices.

Comprehend different theories of illness and their relevance to patient care.

Acknowledge the diversity of ethnic groups and their unique health care needs.

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Definitions:

Cost of Equity

The return a firm theoretically pays to its equity investors, i.e., shareholders, to compensate for the risk they undertook by investing their capital.

WACC

Weighted Average Cost of Capital, a calculation that reflects the cost of a company to finance its assets through a mix of equity and debt.

Level of Risk

The level of risk and possible monetary loss associated with making an investment choice.

Weighted Average Cost

A measure that calculates the average cost of goods available for sale, considering the weight of each unit's cost.