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Kipish [7]
2 years ago
9

Materials that become an important component of the finished product whose cost can be easily and conveniently traced to the fin

ished product are:.
Business
1 answer:
Ipatiy [6.2K]2 years ago
8 0

Materials that become independent components of the finished product and whose cost can be easily and conveniently traced to the finished products are <u>direct materials.</u>

<u></u>

<h3>What are direct materials?</h3>

Those components pass into a manufactured product are called as Direct materials. Direct materials cost refers to the cost of direct materials which may be without problems recognized with the unit of production.

For example, the value of glass is an immediate substance cost in light bulb manufacturing.

Hence, Materials that become independent components of the finished product and whose cost can be easily and conveniently traced to the finished products are <u>direct materials.</u>

<u></u>

learn more about direct materials:

brainly.com/question/26245657

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Bonnie purchased a new business asset (five-year property) on March 10, 2019, at a cost of $30,000. She also purchased a new bus
bearhunter [10]

Answer:  The cost recovery deduction for 2019 for these assets is $43000.

Explanation:

New business asset (five year property) purchased March 10, 2019 = $30000

New business asset (seven year property) purchased on November 20, 2019 = $13000

Additional depreciation of the first year is referred as the bonus depreciation.

Also, bonus depreciation in the year 2019 is at 100% of the value of assets bought during this year.

∴ Total assets value = New business asset (five year property) + New business asset (seven year property)

= $30000 + $13000

= $43000

Hence, the cost recovery deduction for 2019 for these assets is $43000.

6 0
4 years ago
Luebke Incorporated has provided the following data for the month of November. The balance in the Finished Goods inventory accou
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Answer: $‭238,800‬

Explanation:

Adjusted Cost of Goods for November = Beginning Finished good inventory + Cost of goods manufactured  - Ending Finished goods inventory - Overapplied Overheads

Overapplied Overhead = Overhead applied - Actual Overhead

= 60,400 - 56,800

= $3,600

Adjusted Cost of Goods for November = 58,000 + 215,000 - 30,600 - 3,600

= $‭238,800‬

8 0
3 years ago
Jack's Construction Co. has 80 bonds outstanding that are selling at their par value of $1,000 each. Bonds with similar characte
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4 years ago
Gareth &amp; Sons are a big group of hospitality companies. They have recently hired Ms. Halworth, a successful Certified Accoun
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Answer:

pay cash

Explanation:

so if they pay cash there won't be any taxes

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A list of all the accounts from the ledger with their ending balances is called a what?
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<span>Trial balance, Ofcourse !</span>
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