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2 years ago

Material requirements plus an allowance for normal inefficiencies are added together to determine the.

1 answer:

3 0

Material requirements plus an allowance for normal inefficiencies are added together to determine the Quantity Standard of a direct material per unit of output.

<h3>What is direct material ?</h3>

The cost of direct materials, which may be easily recognised with the unit of production. In the manufacture of light bulbs, for example, the cost of glass is a direct material cost. Material was required as the primary component in the creation of items or goods.

Direct material refers to the physical components of a product. A baker's direct materials, for example, include flour, eggs, yeast, sugar, oil, and water. The direct materials concept is utilised in cost accounting, where this expense is categorised independently in various types of financial analysis.

Direct materials are those that are essential to the manufacturing process and can be traced back to the specific product manufactured.

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You are studying in your dorm room, but your neighbor is blasting the television in the adjacent room. when you gently request t

DiKsa [7]

I guess the correct answer is absolute threshold

You are studying in your dorm room, but your neighbor is blasting the television in the adjacent room. When you gently request that your neighbor turn the volume down until you cannot hear it, you are asking your neighbor to make the volume less than your absolute threshold.

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3 years ago

Making selection decisions by subjectively combining sources of information according to the general impression of the hiring sp

adelina 88 [10]

This is often referred to as the clinical approach. The clinical approach is also known as the threshold approach to clinical decision making. This approach combines rational and quantitative information with a general approach to decision making. In this situation, say you were hiring a new employee, a person using the clinical approach would look at their resume in how they match up with numbers and on paper to the candidate their looking for but also who they are as a person in a general sense.

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3 years ago

On May 23, Stoltz Realty Inc. issued for cash 80,000 shares of no-par common stock (with a stated value of $3) at $12. On July 6

Slav-nsk [51]

Answer:

23rd May

Dr Cash 960,000

Cr Common stock 240,000

Cr Paid-in Capital - Common Stock 720,000

( to record the issuance of 80,000 common shares for cash)

6th July

Dr Cash 900,000

Cr Preferred stock 900,000

( to record the issuance of 18,000 preferred shares for cash)

15th September

Dr Cash 750,000

Cr Common stock 150,000

Cr Paid-in capital - Common Stock 600,000

( to record the issuance of 50,000 common shares for cash)

Explanation:

Working notes for each transactions:

* 23rd May:

Cash increases by: Amount of stocks issued * Price at issuance = 80,000 * 12 = $960,000

Common stock account increases by: Amount of stock issued * Stated value = 80,000 * 3 = 240,000

Paid-in capital account increased by: Amount of stock issued * ( Price at issuance - Stated value) = 80,000 * 9 = $720,000

* 6th July:

Cash increases by: Amount of stocks issued * Price at issuance = 18,000 * 50 = $900,000

Preferred stock account increases by: Amount of stock issued * Par value = 18,000 * 50 = $900,000;

As shares are issued at par; no paid-in capital amount recorded.

* 15th September:

Cash increases by: Amount of stocks issued * Price at issuance = 50,000 * 15 = $750,000

Common stock account increases by: Amount of stock issued * Stated value = 50,000 * 3 = 150,000

Paid-in capital account increased by: Amount of stock issued * ( Price at issuance - Stated value) = 50,000 * 12 = $600,000.

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3 years ago

Santa Claus is trying to forecast demand for coal this Christmas. For the past 300 years, the numberof naughty children (who wil

Darina [25.2K]

Answer:

The correct answer is B. Trend analysis.

Explanation:

The trend analysis is the method of analysis that consists in observing the behavior of the different items of the Balance Sheet and the Income Statement, to detect some significant changes that may have their origin in administrative errors.

This method allows us to know the direction and speed of the changes that have occurred in the financial situation of the company over time, so it is considered as a method of horizontal analysis.

It helps us to detect failures; but it is only an exploratory method, so it is always necessary to investigate further to find the causes of the failures. It is necessary to determine the changes suffered in the balances of the financial statement items that we are interested in analyzing. The trend analysis allows us to know the financial development of a company.

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3 years ago

1. A parent provides consulting services to its wholly-owned subsidiary during the year. The parent charged the subsidiary $600,

Fed [463]

Answer:

Explanation:

When consolidating parent and a wholly-owned subsidiary we aim to eliminate entries related to the inter company services. Since the subsidiary had recorded a debit to service expense when it was rendered, the adjusting entry would be a credit to the service expense amount by the same figure charged i.e. $600,000 in this case

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3 years ago