It is difficult to compare relative job growth for different-sized
businesses because it is hard to determine the cutoff point at which a small
business becomes a large business. It is not easy to know the comparative job development
amongst businesses of different sizes. There are not the same parameters leading
the size of a small business versus a big business. Moreover, there is no defined
point where such a variation can be clearly identified.
Answer: Actual overhead costs always enter the Work-in-Process account.
Explanation:
The work-in-process account is an account where the value of goods yet to be completely produced are recorded while the overhead cost is simply a business running cost, that is cost on expenses the business makes to keep functioning.
Overhead cost is not recorded in work-in-process account, rather it is recorded as business expenses.
Answer:
A two-column schedule listing names and balances of all ledger accounts.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.
Generally, financial statements are the formally written records of the business and financial activities of a business entity or organization.
There are four (4) main types of financial statements and these are;
1. Balance sheet: it contains financial information about assets, liability, and equity.
2. Cash flow statement: it contains financial information about operating, financial and investing activities.
3. Income statement: it contains financial information about the income and expenses of an organization.
4. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.
A trial balance consists of a two-column schedule listing names and balances of all ledger accounts.
Answer:
the cost per equivalent unit of conversion is $3.49
Explanation:
The computation of the cost per equivalent unit of conversion is as follows;
= Total conversion cost ÷ equivalent units
where
total conversion cost is $608,150
And, the equivalent units is
= 162,000 units × 100% + 34,500 units × 35%
= 162,000 units + 12,075 units
= 174,075 units
Now the cost per equivalent unit of conversion is
= $608,150 ÷ 174,075 units
= $3.49 per unit
Hence, the cost per equivalent unit of conversion is $3.49
This is the answer but the same is not provided in the given options
"Bright White" Company has the comparative advantage in producing large tubes of toothpaste.
<h3>
What is the term Comparative advantage about?</h3>
Comparative advantage determines the country's specialization by comparing opportunity cost whereas absolute advantage determines country's productivity.
Comparative advantage have some disadvantage also like it can exploit the nation's labor and some economic resources.
Therefore, correct option is B.
Learn more about comparative advantage, refer to the link:
brainly.com/question/15217561
