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galben [10]
1 year ago
9

Content area job order costing and process costing are

Business
1 answer:
serious [3.7K]1 year ago
3 0

Correct option is C. Content area job order costing and process costing are  cost accounting systems.

<h3>What is cost accounting?</h3>

Cost accounting is a form of management accounting that captures a company's total costs of production by assessing the variable costs of each stage of production as well as fixed costs, such as overhead costs. rent.

Cost accounting is used internally by management  to make  informed business decisions.

Unlike financial accounting, which provides information to users outside of financial statements, cost accounting is not required to conform to set standards and can be flexible to meet the needs of of the Board of Directors.

Cost accounting takes into account all input costs associated with production, including both variable and fixed costs.

Types of cost accounting include standard costing, activity-based costing, lean costing, and incremental costing.

To learn more about cost accounting from given link

brainly.com/question/26515102

#SPJ4

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Eugene agrees to finish painting Hazel’s house within two weeks of the time they agree to in the contract. A week in, Eugene rea
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Answer:

Yes, Hazel needs to pay extra $700

Explanation:

As per pre-existing duty rule, a person is obligated to perform his duty at the consideration agreed upon initially. Any modification to the contract is void.

Exceptions to this rule:

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In this case, Hazel agreed to pay $700 extra. Under pre-existing duty rule, she is not required to pay Eugene extra $700 but since Eugene took additional help exception to the rule applies and Hazel is obligated to pay $700 extra.

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3 years ago
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Which of the following best describes why German firms were nationalized after World War II?
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Answer:

<u>D. Happenstance.</u>

Explanation:

The fact that German firms were nationalized has often been regarded as mere happenstance; meaning it just occurred based on the circumstances they were in immediately after World War II.

It thus encompasses several factors such as the cost of operations, changes in government, etc, not just one factor.

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3 years ago
New Coffee Company, LLC uses JIT (just-in-time) logistical supply methods. This indicates that the company doesn't really keep l
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Answer:

B) Inventory turnover ratios

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One of the basic goals of JIT is to lower the total inventories in a company, therefore increasing the inventory turnover ratio. This reduces the company's operating costs.

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3 years ago
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Answer:

The amount that Plunkett should report in ending inventory on December 31 is $156,300

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The computation of the ending inventory is shown below:

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The other items would not be adjusted because the other items are not included in the ending inventory so they are not being considered in the computation part.

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Trey owns 250 shares of common stock in a toy–store company. this means that he owns a percentage of the company based on the pr
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