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dangina [55]
3 years ago
5

Which of the following is not true of depreciation accounting?

Business
1 answer:
tekilochka [14]3 years ago
6 0

Answer:

B. Depreciation allocates replacement values as part of the matching of revenues and expenses.

Explanation:

Depreciation allocates replacement values as part of the matching of revenues and expenses is not entirely true about depreciation accounting.

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The cost of goods for Mandy Manufacturing Company flow through an assembly and a finishing department before being transferred t
laila [671]

Answer:

Option (D) is correct.

Explanation:

Given that,

Beginning work in process = $4,000

Ending work in process in finishing department = $6,000

Cost transferred = $47,000

Direct material = $15,000

Direct labor  = $46,000

Overhead  = $22,000

Cost incurred in finishing department:

= Beginning work in process + Cost transferred + Direct material + Direct labor + Overhead

= $4,000 + $47,000 + $15,000 + $46,000 + $22,000

= $134,000

Cost of goods transferred to the Finished Goods Inventory account:

= Cost incurred in finishing - Ending work in process

= $134,000 - $6,000

= $128,000

5 0
4 years ago
Carby Hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $7.50 per share. If the required
Ad libitum [116K]

Answer:

The answer is $115.38

Explanation:

Solution

Given that

The annual dividend on preferred stock = $7.50

Required return on preferred stock+= 6.5%

The next step is to find at what price should the preferred stock sell which is given as follows:

The rice of preferred stock = 7.50/6.5%

= $115.38

$115.38 is the price at which the stock preferred was sold.

4 0
3 years ago
A driver stops for gas and their smartphone buzzes with a text offering a free coffee inside the gas station. what does mobile p
alekssr [168]
<span>A driver stops for gas and their smartphone buzzes with a text offering a free coffee inside the gas station. What does mobile provide advertisers that enables them to offer this to customers? The mobile device profits advertisers with location trackers to see where the driver is. Once they stop, the advertisers for the app's the driver has downloaded can notify them of offers where they are at or around their current location. </span>Having location services on gives opportunity for advertisers to advertise their items and also for the device owner to receive deals. 
3 0
4 years ago
Read 2 more answers
Insurance can help you:
Ede4ka [16]
The answer is B. Financially protect against unexpected accidents
3 0
3 years ago
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LO 8.4The fixed factory overhead variance is caused by the difference between which of the following?
Zanzabum

Answer: The correct answer is "actual fixed overhead and applied fixed overhead".

Explanation: The fixed factory overhead variance is caused by the difference between <u>actual fixed overhead and applied fixed overhead.</u>

There are two types of variations, one is produced because it determines whether too much or too little is spent on fixed overhead; and the other is produced because the real production can be higher or lower than the expected level.

5 0
3 years ago
Read 2 more answers
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