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CaHeK987 [17]
2 years ago
14

In a process cost system, the application of factory overhead usually is recorded as an increase in?

Business
1 answer:
vredina [299]2 years ago
5 0

In a process cost system, the application of factory overhead usually is recorded as an increase in work in process inventory control.

<h3>What is the process costing system?</h3>
  • When a large number of similar products are manufactured, a process costing system accumulates costs.
  • A process costing method is used by any large-scale firm who produces huge quantities of identical commodities.
  • A petroleum refinery is a perfect example of a process costing environment since it is hard to trace the cost of a specific unit of oil as it passes through the refinery.

learn more about costing system refer:

brainly.com/question/26515102

#SPJ4

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What are the depleted amounts of tangible assets and intangible assets known as?
Debora [2.8K]

Answer:

Depreciation ; amortization

Explanation:

The tangible assets are those assets who are seen and ever touched. For this type of assets, the depreciation expense should be charged while on the other hand the intangible assets are those assets who are not seen not ever touched so for this type of assets the amortization expense should be charged

Therefore the above should be considered

3 0
3 years ago
Office Supplies had a normal starting balance of $75. There were debit postings of $80 and credit postings of $60 during the mon
aleksley [76]
The answer would be a.

8 0
4 years ago
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Discuss why it is important for company managers to understand and use social capital knowledge to help build social ""ties"" am
s2008m [1.1K]

Explanation:

Social capital can be defined as the integration of the company with people in its internal and external environment. It constitutes the network of relationships of an organization.

Therefore, it is correct to say that a company's social capital is extremely important for business success. It is necessary for managers to cultivate and encourage an organizational culture aimed at creating positive relationships and integration among employees. In addition to building an organizational climate more favorable to well-being and productivity, creating connections between company employees helps to increase motivation, creativity and innovation, which in fact contributes to a company being successful and positioned in the market .

For this, it is necessary for leaders to assume an ethical and respectful posture for their employees, in addition to expressing interest in the personal and professional history of their teammates, kindness and gratitude for the collaboration of employees. These small attitudes of the leader can help the company to invest in social capital and guarantee several essential benefits

3 0
3 years ago
Bissell Company received the following reports of its defined benefit pension plan for the current calendar year: PBO Plan asset
ivanzaharov [21]

Answer:

$205,200

Explanation:

              Calculation of Pension Expense

Service Cost                                         $198,000

Interest cost                                          $33,000

Expected return on the plan assets    <u>($25,800)</u> (258000*10%)

Pension Expense                                  <u>$205,200</u>

So therefore, the pension expense for the year is $205,200.

4 0
3 years ago
In kennedy's speech to rice university, find at least one example of: scope time cost quality human resources communication risk
Paha777 [63]

"We choose to go to the Moon", officially titled the Address at Rice University on the Nation's Space Effort, is a September 12, 1962, speech by United States President John F. Kennedy to further inform the public about his plan to land a man on the Moon before 1970.

Why did President Kennedy say we chose to go to the moon?

Because it is difficult. Because this goal helps us organize and helps us gauge our energies and capabilities to the fullest. What you want to accept and what you don't want to put off.

Why do we choose to go to the moon?

By successfully establishing a presence on the Moon, we will enhance life on Earth and explore the rest of the Solar System. You can get ready. Maintaining the health of astronauts in an environment with lower gravity and higher radiation levels than Earth is an important issue for medical researchers.

Learn more about we choose to go to the Moon here:- brainly.com/question/25722216

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5 0
1 year ago
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