1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
soldier1979 [14.2K]
4 years ago
7

Which statement describes direct materials in a manufacturing setting?A) Direct materials are used to determine total manufactur

ing overhead.B) Direct materials are used to determine total inventoriable product costs.C) Direct materials cannot be separately and conveniently traced.D) Direct materials do not become part of the finished product.
Business
1 answer:
Helga [31]4 years ago
7 0

Answer:

B) Direct materials are used to determine total inventoriable product costs.

Explanation:

Product costs includes direct materials, direct labor & manufacturing overhead.

This makes Choice B a description of direct materials in a manufacturing setting. All other choices are false.

Their is a chance to use direct labor as a basis for manufacturing overhead but not direct materials.

Direct materials can be separately and conveniently traced.

And finally, as stated above, direct materials are part of the finished product.

You might be interested in
How can person identify whether a company is private company or public company​
Setler79 [48]

Answer:

The overview of that same problem is defined throughout the explanation segment below.

Explanation:

  • My understanding would be that privately owned businesses will happily inform anyone who queries.
  • Publicly traded companies are identified by the mark as well as the worker's everyone seems to be testing their price of the stock-to decide according to one's interest in share capital.

But things are going to change, the FED had already lost together with all remaining remains of knowledge that convince one where the worth of someone's inventory since they have lost Market Exploration.

4 0
4 years ago
Park Corporation is planning to issue bonds with a face value of $750,000 and a coupon rate of 7.5 percent. The bonds mature in
nignag [31]

Answer:

Debit cash with $750,000; and credit Bond payable also with $750,000.

Explanation:

The journal entry will appear as follows:

<u>Date          Details                                          Dr ($)               Cr ($)        </u>

Jan. 1         Cash                                            750,000

                  Bond Payable                                                    750,000

<u>                  </u><em><u> To record the issuance of bond.   </u></em><u>                                         </u>

5 0
3 years ago
Why is Feeney called a hero/saint?
Deffense [45]

Answer:

In 1982, he decided he would commit to giving away his billions during his lifetime. He is broke now. Gave away and donated over $8million. His motto was "giving while living "

Explanation:

5 0
3 years ago
If the price of steak rises, a consumer who had been maximizing his or her utility before will buy less steak because its?
Naddik [55]

If the price of steak rises, a consumer who had been maximizing his or her utility before will buy less steak because its "marginal utility to price ratio is now lower than for other items."

<h3>What is marginal utility?</h3>

In economics, marginal utility is the optimum quality or benefit (utility) which a buyer receives by purchasing an additional units of a product or service.

Some key features regrading the marginal utility are-

  • The concept means that the utility and benefit of an extra unit of a product to a consumer is proportional to the quantity of units of such a product he currently owns.
  • The given example shows marginal usefulness.
  • The marginal value of one piece of bread provided to a family of seven will be considerable, because the family will be less hungry, as well as the difference between 7 and 8 is proportionally significant.
  • A extra bread slice supplied to a family with 30 slices, on the other hand, has less marginal utility so because difference among 30 & 31 is proportionally lower and the family's hunger has already been satisfied.
  • Thus, as a consumer of a product purchases further and more of the commodity, his marginal utility drops until he has no need for any extra units at all.
  • The marginal utility then is equal to zero.

To know more about the marginal utility, here

brainly.com/question/15050855

#SPJ4

5 0
2 years ago
Income that is available for spending and saving after an individual has purchased the basic necessities of food, clothing, and
Klio2033 [76]

The correct answer is discretionary income.

Discretionary income, in its most basic definition, is the money left over after covering essential expenses including taxes, daily living costs, and household bills.

<h3>What distinguishes disposable income from discretionary income?</h3>

After all federal, state, and local taxes have been paid, your remaining funds are known as disposable income. Contrarily, discretionary income is the money you still have after paying all of your basic living expenses and taxes.

<h3>What is covered by discretionary income?</h3>

The money you have left over from your post-tax salary after paying for necessities like rent, utilities, and food is known as discretionary income. It is what you use to make non-essential purchases during the month (often referred to as discretionary expenses).

To know more about Discretionary income, visit: brainly.com/question/26766185

#SPJ4

6 0
2 years ago
Other questions:
  • When completing talent inventories for current employees, HR is interested in knowing more about their current employees, so if
    6·1 answer
  • Nakato, a South Asian country, exported goods worth $500 million and imported goods worth $400 million in the last fiscal year.
    8·2 answers
  • Revising for Conciseness - Rejecting Redundancies and PurgingEmpty Words
    12·1 answer
  • Shoemaker Perkins Company uses a standard cost system for raw material X15. The standard cost is $10 per pound. The standard cal
    15·1 answer
  • Private ownership differs from state ownership in that in private ownership _____.
    13·1 answer
  • Marshall Welding Company has two service departments (Cafeteria and Human Resources) and two production departments (Machining a
    7·1 answer
  • What is the importance of linear model communication​
    6·1 answer
  • The strategy that founder Seth Goldman used to get Honest Tea on the shelves alongside larger, established brands was:
    12·1 answer
  • All else constant, an increase in inventory will have what effect on operating cash flow?
    11·1 answer
  • disposable income (billions of dollars per year) total consumption (billions of dollars per year) $ 0 $ 50 200 210(table 9.1) wh
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!