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
kodGreya [7K]
3 years ago
9

Materials must have which two qualities in order to be classified as direct materials? a.They must be an integral part of the fi

nished product, but can be an insignificant portion of the total product cost. b.They must be introduced into the process in both work in process inventories and finished goods inventories. c.They must be an integral part of the finished product and a significant portion of the total product cost. d.They must be classified as both prime costs and conversion costs.
Business
1 answer:
Usimov [2.4K]3 years ago
7 0

Answer:

c.They must be an integral part of the finished product and a significant portion of the total product cost.

Explanation:

Direct material is the key component of finished product, it is what is called finished product after processing.

It might be combination of so many raw materials or that it might be alone.

Thus, it forms an integral part of finished product and also it involves a huge share that is clearly identifiable in the total cost as raw material.

Which is because generally overheads do not have that share in cost, as much as that of raw materials.

You might be interested in
What is the core of marketing<br>​
kkurt [141]

Answer:

l

Explanation:

the core concept of marketing is a social and managerial process by which individuals and groups obtained what they need and want through creating,offering and exchangeing products of value with others

7 0
3 years ago
Read 2 more answers
Unearned revenues are revenues not recorded as revenues until services are performed. revenues for services already performed an
Ray Of Light [21]

Answer:

Correct option is (a)

Explanation:

Unearned revenue are revenue earned against services that have not been performed yet. In accrual system, revenue is recognized when service is performed against it.

Revenue earned without service being discharged is treated as liability till the period service is performed. It is recognized as income only after service is performed. For example unearned rent revenue is an unearned revenue which is reported as a liability till the rent period for which revenue was received is over.

8 0
3 years ago
During the course of your examination of the financial statements of Trojan Corporation for the year ended December 31, 2018, yo
siniylev [52]

Answer:

$76,440

Explanation:

Calculation to determine the proper amount of net income as of December 31, 2018

Net income $87,000

Less Adjusted for insurance ($4,050)

($16,200*3/12)

Less Adjusted for deferred income ($2,700)

Less Adjusted for supplies ($2,100)

Less Adjusted for interest ($1,710)

($57,000*9%*4/12)

Net income (Adjusted) $76,440

Therefore The the proper amount of net income as of December 31, 2018 will be $76,440

4 0
3 years ago
The purpose of advertising is _____.
MrRa [10]
The purpose of advertising is to inform consumers about a product or service.
7 0
4 years ago
n 2018, Jose paid the following amounts for his son to attend Big State University: Tuition $6,400 Room and board 4,775 Books 77
MatroZZZ [7]

Answer:

$11,947

Explanation:

The following expenses shall be allowed as qualified higher education expense to Jose for the purpose of his son Qualified tuition program

Tuition Fees                                                   $6,400

Room and board                                           $4,775

Books                                                             $772

Total expenses to be allowed                      $11,947

7 0
3 years ago
Other questions:
  • If the price of Product E decreasing by 2% causes its quantity demanded to increase by 14% and the quantity demanded for Product
    11·1 answer
  • A company issued a short-term note payable to a bank with a stated 12 percent rate of interest . The bank charged a .5% loan ori
    15·2 answers
  • The concept of market efficiency underpins almost all financial theory and decision models. When financial markets are efficient
    13·1 answer
  • Please answer. In the middle of a test!
    6·1 answer
  • ACCOUNTING:
    9·1 answer
  • A(n) _____ system is a computer-based information system that produces standardized reports in summarized structured form to sup
    7·1 answer
  • A company has the following per unit recorded cost and replacement cost relating to its inventory:Item 1 5 units Cost $50 Market
    12·1 answer
  • Which resource is focused on preparing students for careers and technical work as well as for community leadership
    14·1 answer
  • When town commons were broken up into lots each farmer had to bear all the costs and all the benefits of his choices about how m
    10·1 answer
  • You recently started a new job working with databases. you receive training on maintaining the database from your boss, gregor.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!