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ivanzaharov [21]
1 year ago
11

In practice, items such as wood screws and glue used in the production of school desks and chairs would most likely be classifie

d as:
Business
1 answer:
cestrela7 [59]1 year ago
3 0

In practice, items such as wood screws and glue used in the production of school desks and chairs would most likely be classified as period costs.

Production is the process of making or producing goods or products from raw materials or parts. In other words, production takes inputs and uses them to create outputs suitable for consumption, i.e. goods or products of value to the end-user or customer.

Production is the process of making, harvesting, or creating something, or the quantity of something manufactured or harvested.

Production PDF supports mapping from one color to another. You can use this function to convert an RGB or CMYK color to a new output RGB, CMYK, or spot color. This allows you to convert on-screen RGB colors to CMYK or spot colors on print media.

Learn more about Production brainly.com/question/16755022

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if the discount (or interest) rate is positive, the future value of an expected series of payments will always exceed the presen
AlekseyPX

if the discount (or interest) rate is positive, the future value of an expected series of payments will always exceed the present value of the same series

True

What is a discount(or interest) rate?

An interest rate is the rate of return the present value of the series can over as an interest over the investment time horizon.

On the premise that the interest rate is positive, it means that there would positive value-added over the investment period which increases the present value to ensure that the future value exceeds the present value

In other words, a positive discount or interest ensures a higher future value

Find out more about future value on:brainly.com/question/24703884

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7 0
1 year ago
Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credi
seropon [69]

Answer:

Explanation:

The journal entry is shown below:

(A) Sales return and allowance A/c Dr $450,000

    To Accounts receivable                        $450,000

(being returned goods recorded)

Merchandise inventory A/c Dr $292,500   ($450,000  × 65%)

       To Cost of goods sold                      $292,500

(Being cost of goods sold recorded)

The computation of the estimated return is shown below:

= Sale value of merchandise × return percentage - actual return

= $11,500,000 × 4% - $450,000

= $460,000 - $450,000

= $10,000

(B) Sales return and allowance A/c Dr $10,000

    To Accounts receivable                        $10,000

(being returned goods recorded)

Merchandise inventory A/c Dr $6,500   ($10,000  × 65%)

       To Cost of goods sold                      $6,500

(Being cost of goods sold recorded)

The computation of the year-end allowance for sales returns is shown below:

The amount is same $6,500

4 0
3 years ago
Dee is an accomplished actress and a homeowner who pays a landscaper to maintain her lawn rather than do it herself. Dee has det
Tasya [4]

<u>Answer: </u>

This scenario is an example of the principle of economics that says trade can make everyone better off.

<u>Explanation: </u>

  • Devising the financial value of time and activities is critical when it comes to financial management.
  • It is preferable to an activity only if it is worth the time that is being allotted to it.
  • It the same time can be spent on something that would fetch more returns, continuing to do the same activity is worthless.
6 0
3 years ago
Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted. Sal
ElenaW [278]

Answer:

Please find the attached file for the complete solution:

Explanation:

3 0
3 years ago
Look at the picture, which one is the correct answer?
Leto [7]
Marginal Cost is the correct answer
7 0
3 years ago
Read 2 more answers
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