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2 years ago

1. Which of the following accounts are NOT likely appear in a job order cost system of a service business

Business

1 answer:

Burka [1]2 years ago

8 0

A <u>finished Goods</u> account would most likely not appear in a job order cost system of a service business.

Finished Goods are products that are at a stage in the manufacturing process that is readily available to consumers. Businesses use formulas to calculate finished goods and products to create inventory percentages that determine the value of the goods sold.

The cost of the finished product includes all costs along the way and includes the three main components used in the production of the goods: direct labor, direct materials, and overhead costs. In addition, storage costs will be incurred when purchasing finished products.

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Employees are deterred by the potential loss of certification or professional accrediation resulting from a breach of a code of

pickupchik [31]

Answer:

B) False

Explanation:

Consumers always regard employees as the company's agents. So whenever they do something wrong, their bad behavior is directly associated with the company that they work for. So any bad deed form the employees will be seen as a company's bad deed.

This will hurt both employees and employers, since no employer will want to keep an employee that acts improperly, and at the same time the employer's business will also suffer.

6 0

3 years ago

Amanda Forsythe of Springfield, Missouri, must decide whether to buy or lease a car she has selected. She has negotiated a purch

geniusboy [140]

Answer:

Since the cost of financing for leasing is higher than buying, Amanda she should finance the car.

Explanation:

Solution

Buy versus Lease problem:

Now,

Buy case

The Purchase price = Gross capitalized cost = $30,000

The Down payment = $3300

The Present value of borrowing from credit union = 30,000 - 3300 = $26700

The EMI payment = $614.88,

No of months = 48, Annual percentage rate (APR) = 5%

The Monthly Percentage rate = 5%/12 = 0.4%

Then

We find future value at the end of 48 months

By applying Excel,

PV=26700, N=48, I/Y=0.4%, PMT=614.88

FV = -0.14079 which is approximate to Zero (given that EMI payment was rounded off to digit of 2 , FV has resulted slightly differ from zero)

So, at the end of four years, the car has no residual value as per the buy option.

The Finance charges of borrowing the car = Sum of all the EMI payments – principal payment

= $61488*48 - 26700 = $2924.724

The lease case

The cost reduction capital= $3300 (capitalized cost is paid by customers to decrease the rate of lease while leasing cars)

Fee disposition on the car = $350

The Residual value = $12,400

Then,

PV = $30,000 - $3300 = $26,700, EMI = $330, Number of months leased = 48

FV = Residual value – Disposition fee = $12,400 - $350 = $12,050

The cost of dollar of leasing = Sum of all the payments of EMI - payment based on principal value at the end of the lease period = 330 * 48 – (26700 – 12050) = $1190

Therefore, since the cost of financing for leasing is higher than buying, Amanda she should finance the car.

4 0

3 years ago

The Kitchen Company makes toaster ovens and bread machines. Toaster ovens Sales price per unit: $60 Variable costs per unit: $38

Sever21 [200]

Answer:

The company should produce 7,500 bread machines to maximize profit

Explanation:

Given:

Toaster Ovens Bread Machines

Sales Price per unit 60 135

Less: variable cost per unit 38 75

Contribution Margin per unit 22 60

Machine hours per unit 1 2

Now,

Contribution Margin per Machine Hour = $\frac{\textup{Contribution Margin per unit}}{\textup{Machine hours per unit}}$

thus,

Contribution Margin per Machine Hour 22 30

Since,

The Contribution Margin per Machine Hour for the bread is more, therefore to maximize profits the kitchen company should produce Breads machines.

also,

Number of units to be produced = $\frac{\textup{Machine hours}}{\textup{Machine hours required}}$

= $\frac{\textup{15,000}}{\textup{2}}$

= 7,500 units

5 0

3 years ago

A personnel director at a large company studied the eating habits of employees by watching the movements of a selected group of

alekssr [168]

Answer: blocking for gender

Explanation: Blocking refers to a experimental research procedure which involves splitting experimental variables into separate units. This speration is performed in other to avoid bias or effect this separately identified varibales may bring into our experiment if not tested separately. The blocks may be referred to as known categories upon which variables in an experiment may be divided such that treatment is applied to independently to the separate blocks or experimental unit. In the scenario above, the personnel director is blocking for gender by splitting the variables or participants based on gender.

3 0

3 years ago

When mars manufactures m&m’s, snickers, and other confectionary products, or when trek designs bicycles, each company’s core

GREYUIT [131]

We produce this product as an example of core customer value.

The core customer value level contains the primary values, the pure blessings that every product/carrier brings to satisfy a certain want of the customer.

An organization's extra essential customers, are distinguished from the rest by way of their long-time period value to the organization.

Customer value is best defined as how a great deal a product or service is worth to a consumer. It's a measure of all of the expenses and advantages associated with a product or services. Examples consist of rate, satisfactory, and what the products or services can do for that precise person.

Learn more about the organization here: brainly.com/question/24448358

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8 0

2 years ago