Answer:
The correct answer is letter "C": Work in Process Inventory.
Explanation:
Work in Process Inventory is an asset in the company's Balance Sheet. It represents the accumulated cost of unfinished goods that are currently in the manufacturing process. Companies that manufacture large or customer-made items typically use a work in progress inventory system to record labor, raw material, and overhead.
B. the subsidized federal loan /////////////////////
Knowledge work includes, among other things, engineering, marketing, product design, and web design.
<h3>What distinguishes service work from manufacturing labor?</h3>
A service economy is built on knowledge-intensive industries and services in economic production, well-educated employees in the occupational market, and innovative enterprises in business. A manufacturing economy is driven by the mass production of products.
<h3>What are the names of networks of businesses that produce product designers, engineers, manufacturing firms, distribution channels, and consumer outlets?</h3>
A supply chain in business is a network of establishments that acquire raw materials, transform them into intermediate goods, and then distribute finished goods to customers.
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Answer:
B. $12,000 is a sunk cost
Explanation:
By considering the given information, the cost that is correct is a sunk cost for $12,000
The sunk cost is the cost already incurred and will not be retrieved in the future. Plus, it's also termed a past cost.
It is a useless cost and it can be avoided also.
It is that cost that is not considered at the time of decisions making.
So, option B is correct
