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Elden [556K]
2 years ago
15

Why do you think the accounting requirements for job-order costing are more demanding than those for process costing

Business
1 answer:
klasskru [66]2 years ago
8 0

Since there is a cost involved in allocating the specific material and labor to the product, job order cost systems are sometimes more expensive to operate than a straightforward process costing system.

<h3>What is job order costing?</h3>

Job order costing is a costing approach used to calculate the cost of producing each product. This pricing approach is typically used when a company creates a number of items that are distinct from one another and wants to assess the cost of performing a single operation. Direct labor, direct supplies, and manufacturing overhead are all included in task pricing.

Job order costing can be used to determine if a job is profitable.  Efficient task order costing enables businesses to generate bids that are competitive while being profitable.

learn more about job order costing refer:

brainly.com/question/24277455

#SPJ4

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marishachu [46]

Answer: C. $200

Explanation:

Total revenue = price × quantity

= $20 × 10 = $200

A perfectly competitive firm is a firm that is a price taker; it doesn't set the price for its goods.

If the firm reduces the quantity produced, total revenue falls too.

6 0
3 years ago
define the procedures that different computers follow when they transmit and receive data.A) ConsolesB) PortsXC) ProtocolsD) Hos
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Answer:

C. Protocols

Explanation:

Protocols -

It consists of the set of rules which enables communication between two or more system where the data and information can be transferred is referred to as protocol .

Protocol have some defined syntax and rules .

Protocol can be implemented on both software as well as software.

Hence , from the given statement of the question,

The correct term is protocol .

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Answer:

a

Explanation:

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8 0
4 years ago
Bibby Auto Shop uses a normal job-costing system to allocate overhead on the basis of labour hours. For the current year, Bibby
geniusboy [140]

Answer and Explanation:

The journal entry is shown below:

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(Being overapplied overhead is closed)

Here the overhead is debited as it increased the expenses and credited the cost of goods sold as it decreased the expense

8 0
3 years ago
Imagine that the Brazilian aircraft manufacturer Embraer purchases a 10 percent share of a Canadian aircraft distribution compan
otez555 [7]

Answer: Forward Integration

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In this scenario, the Brazilian company purchased a huge part of a company further along in distribution in order to facilitate better sales so this is forward integration.

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