26)

Two of the main factors in determining the price at which bonds will sell are

(2pts)

the contract rate and the coupon rate.

the contract rate and the stated rate.

the market rate and the discount rate.

the stated rate and the market rate.

28)

The entry to recognize the completion and transfer of a job so that it can be placed in stock would include

(2pts)

debiting Finished Goods and crediting Cost of Goods Sold.

debiting Finished Goods and crediting Work in Process.

debiting Work in Process and crediting Cost of Goods Sold.

debiting Work in Process and crediting Finished Goods.

30)

To recognize indirect and direct factory labor cost for the month, an entry is made

(2pts)

debiting Payroll Expense, debiting Work in Process, and crediting Factory Overhead.

debiting Work in Process, debiting Factory Overhead, and crediting Payroll Expense.

debiting Work in Process, debiting Factory Overhead, and crediting Wages Payable.

debiting Factory Overhead, debiting Payroll Expense, and crediting Accounts Payable.