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
Bumek [7]
3 years ago
7

How is the work in process inventory account related to the finished goods inventory account?

Business
1 answer:
jek_recluse [69]3 years ago
8 0
A.) factory overhead
You might be interested in
You just won the Powerball and are offered two payment options: 1) Receiving $80 million per year for 25 years beginning at next
laila [671]

Answer: $80 million per year for 25 years

Explanation:

The option you should choose is one that will guarantee you the highest present value.

This means that you need to discount the annual payment of $80 million per year for 25 years to find the present value. As you did not include a rate, we shall assume a rate of 8% for reference purposes.

The annual payment is an annuity so the present value can be calculated by:

Present value of annuity = Annuity payment * Present value interest factor, rate, no. of years

= 80,000,000 * Present value interest factor, 8%, 25 years

= 80,000,000 * 10.6748

= $‭853,984,000‬

<em>The present value of the annual payment is more than the present value of the $850 million received today so the Annual payment should be taken. </em>

7 0
3 years ago
Jake owns a water pump. Because pumping large amounts of water is harder than pumping small amounts, the cost of producing a bot
Nastasia [14]

Answer:

Write convert() method to cast double to int Complete the convert() method that casts the parameter from a double to an integer and returns the result. Note that the main() method prints out the returned value of the convert() method.

Ex: If the double value is 19.9, then the output is: 19

Ex: If the double value is 3.1, then the output is: 3.

Explanation:

<h2>plz bhai mera answer ko brainliest kar do..</h2>
8 0
3 years ago
Higgins Company plans to incur $380,000 of salaries expense if a capital project is implemented. Assuming a 40% tax rate, the sa
AlexFokin [52]

Answer:

d) $228,000 outflow

Explanation:

Calculation for the amount that the salaries should be reflected in the analysis

Using this formula

Salaries=Salaries expense-(Salaries expense*Tax rate)

Let plug in the formula

Salaries=$380,000-($380,000*40%)

Salaries=$380,000-$152,000

Salaries=$228,000 Outflow

Therefore salaries should be reflected in the analysis by a: $228,000 outflow

8 0
3 years ago
Lucky started a new business last year. Since it was the first year of operation, the business purchased $10,000 in machinery an
gulaghasi [49]

Answer:

True

Explanation:

The reason is that the Internation Financial Reporting Framework says that though there are choices the company must opt to the depreciation method that brings fairness to the financial statement, which means that the method used calculates the depreciation for the year that actually represents the decrease in the value of the assets in market value. So if the current method brings the fairness to the Financial statements, Lucky can use them and if those don't bring fairness to the financial statements then its better to use alternative which will bring the fairness to financial statements.

4 0
3 years ago
On January 1, Mitzu Co. pays a lump-sum amount of $2,700,000 for land, Building 1, Building 2, and Land Improvements 1. Building
Leviafan [203]

Answer:

Land (Dr.) $1,800,000

Land Improvements $540,000

Building 2 $660,000

Building 1 demolish expense $346,400

Land grading expense $187,400

Building 3 construction cost $2,242,000

Land 2 improvement cost $168,000

Cash (Cr.) $22,143,800

Explanation:

Mitzu Co. has paid lump sum amount for 2 buildings and land. The building 1 has no value so its value is considered as zero and all the amount will be attributed to land and building 2. The company has also incurred costs for the demolish of building 1 which will be charged in the books of accounts as one off expense.

8 0
3 years ago
Other questions:
  • The management team has asked you to reschedule the project so it finishes two weeks earlier without spending more money. They h
    8·1 answer
  • An example of an entrepreneur would be someone who opened up a gourmet popcorn store in the local mall.
    7·2 answers
  • Liam Wallace is general manager of moonwalk salons. during 2016 while this works for the company all year at a $13600 monthly sa
    7·1 answer
  • For each separate case, record an adjusting entry (if necessary). Barga Company purchases $32,000 of equipment on January 1. The
    7·1 answer
  • State the roles of rural development bank for entrepreneurship development ?<br>​
    7·1 answer
  • Suppose that when the price of good X falls from $10 to $8, the quantity demanded of good Y rises from 20 units to 25 units. Usi
    13·1 answer
  • Coates Inc. experienced the following events in 2014, in its first year of operation: (1) Received $20,000 cash from the issue o
    6·1 answer
  • Murphy Company, a cash-basis, calendar-year taxpayer, received a call on December 28, year 1, from a client stating that a check
    13·1 answer
  • An individual or a firm can internalize an externality by​ ___________. A. disputing that an externality exists. B. doubling the
    9·1 answer
  • When considering marginal revenue versus marginal costs, marketers must ensure that.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!