When using process costing, _______ can be added in any department.

1 answer:

7 0

When using process costing, labor and overhead can be added in any department. Any system for allocating costs to a component of a firm is referred to as costing.

Costing is often used to establish expenses for customers, distribution channels, personnel, geographical regions, product lines, processes, subsidiaries, and entire businesses. As defined by cost accounting, "a structured approach to recording and reporting measurements of the costing associated with providing services and producing things, both overall and in detail. It includes techniques for identifying, categorizing, allotting, aggregating, and reporting such costs as well as contrasting them with average costs."

One of the executive divisions of the federal government of the United States is the Department of Labor. Labor is in charge of enforcing federal laws that deal with things like wage and hour requirements, unemployment compensation, services, and even economic statistics.

learn more about Labor here

brainly.com/question/14348614

#SPJ4

You might be interested in

What are some actions people may take when preparing for a career fair

Ber [7]

I would say to think about what you may or may not be interested in. If you know there are any jobs in particular that you are already interested in, or are put off by, keep that in mind so that you have some idea of where you want to flock to during the fair.

Another thing to keep in mind is that even though a particular subject may seen very off putting to you, do not just put it aside and never look further into jobs around that area. Just because you hate math doesn't mean that there are no mathematical jobs you may find interest in. Keep an open mind to all fields of study.

8 0

3 years ago

The balance in Discount on Bonds Payable that is applicable to bonds due in three years would be reported on the balance sheet i

tankabanditka [31]

The balance in Discount on Bonds Payable that is applicable to bonds due in three years would be reported on the balance sheet in the section entitled of Long-term liabilities.

What is Long-term liabilities?

Long-term liabilities can be regarded as loans aa well as other financial obligations that the repayment schedule would be expected to last over a year.

Some of the examples long-term liabilities are;

deferred revenues
post-retirement healthcare liabilities.
bonds payable
long-term loans
pension liabilities

It should be noted that balance in Discount on Bonds Payable that has a due time of three years would be reported at Long-term liabilities section.

Learn more about Long-term liabilities at:brainly.com/question/25596583

4 0

2 years ago

A notice is published stating that RMO 5% convertible preferred stock will be called at $60 per share. The preferred is converti

dybincka [34]

Answer: d. A price near $60

Explanation:

The Preferred Stock was selling at $56 then a notice was circulated that RMO would be calling the stock at a price of $60.

This $60 is more than the current $56 and so this will need to reflect in the price of the stock. The adjustment will cause the Preferred stock to start trading near $60 as traders will seek to take advantage of the impending call by buying at a lower price and thus making a bit of profit when the stock is called at $60. The market will adjust to this because the Preferred stock will be perceived as undervalued. A price closer to the Call price will therefore become the new price to properly value the stock.

6 0

3 years ago

Since the great recession of 2008, the phrase "the new normal" has become increasingly common. this phrase makes reference to

BigorU [14]

The term new normal refers to a wide variety of context wherein something that was considered abnormal before has found its commonplace or sort of became a norm. It is referenced from the financial crisis during 2007-2008 and the global recession from 2008-2012.

3 0

3 years ago

Customer World expects the credit card company to deposit funds in their business account for their sales where a customer uses

Murljashka [212]

Answer:

$88.75

Explanation:

Customer World expects the credit card company to deposit funds in their business account for their sales where a customer uses a credit card to pay. If Customer World earned $90 from a sale and the transaction fee was $1.25, the Customer World should expect $88.75 to be deposited into his business bank account by the credit card company.

I hope the answer is helpful.

Thanks for helping.

3 0

3 years ago