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
Keith_Richards [23]
3 years ago
14

A process cost accounting system is most appropriate when

Business
1 answer:
mixer [17]3 years ago
4 0

Answer:

When Manufacturing of a Product involves several processes.

Explanation:

When several processes are involved in manufacturing a product, costs need to be accumulated in these processing departments. Thus, A process cost accounting system is most appropriate

You might be interested in
In a financial sector, we use ______ to construct financial instruments such as derivatives.
Anettt [7]

Answer:

Predictive models

Explanation:

Predictive modeling uses statistics to predict outcomes. It can be applied to any type of unknown event, regardless of when it occurred.

3 0
3 years ago
you deposit $6000 in an account earning 2% interest compounded continuously. how much will you have in the account in 10 years?
Gre4nikov [31]

Future Value is $7,327.20

<h3>What is compound interest ?</h3>

Compound interest is the interest on deposits that is computed using both the original principal and the interest accrued over time.

It is thought that the concept of "interest on interest" or compound interest first appeared in Italy in the 17th century. Compared to simple interest, which is just charged on the principal amount, it will cause a sum to grow more quickly.

Money grows more quickly when it is compounded, and compound interest increases as the number of compounding periods increases.

CI formula :  A = P(1 + r/n)^nt

where,

P = principal balance,

r = interest rate,

n = number of times interest is compounded per time period and

t = number of time periods.

To solve this question :

A = P(1 + r/n)^nt

= 6,000 (1 + 0.02/12) 120

= USD 7,327.20

To know more about compount interest, visit :

brainly.com/question/14295570

#SPJ4

4 0
1 year ago
The number of births in a population in a certain amount of time is the
amid [387]
The number of births in a population in a certain amount of time is the birth rate
8 0
3 years ago
Read 2 more answers
Mr. Brown wants to buy a Tesla Model S car, whose price is $100, 848. The dealer offers a loan plan: $30, 000 downpayment, $X at
algol [13]

Answer:

X is $30,000

Explanation:

First, we need to calculate the Amount ofLoan

Amount of Loan = Car price - Down payment = $100,848 - $30,000 = $70,848

This is the situation of annuity payment for 4 years at a 25% interest rate with equal annuity payment each year.

Now we will use the following formula to calculate the value of X

PV of Annuity = Annuity payment x ( 1 - ( 1 + interest rate )^-numbers of years ) / Interest rate

Where

PV of Annuity = Amount of Loan = $70,848

Interest rate = 25%

Numbers of years = 4 years

Annuity Payment = X = ?

Placing values in the formula

$70,848 = X x ( 1 - ( 1 + 25% )^-4 ) / 25%

$70,848 = X x 2.3616

X = $70,848 / 2.3616

X = $30,000

6 0
2 years ago
Jake nickells crowdsourcing approach to his business initially kept the business finances under control in all of the following
svetlana [45]

Answer:

It eliminated the need for fixed costs.

Explanation:

3 0
2 years ago
Other questions:
  • Zephron Music purchased inventory for $4,400 and also paid a $260 freight bill. Zephron Music returned 25​% of the goods to the
    15·1 answer
  • Closet Links Clothing Company provided the following manufacturing costs for the month of June. Direct labor cost $ 130,000 Dire
    15·1 answer
  • Suppose the total market value of all the final goods and services produced in the country of Rushya was $8 billion in 2008 (mea
    14·1 answer
  • ABC Inc. was incorporated two years ago by issuing 5,000 shares of common stock at $400 each and borrowing $240,000 from a bank
    8·2 answers
  • If production volume increases from 16,000 to 20,000 units, a.total variable costs will increase by 25 percent. b.total costs wi
    9·1 answer
  • The 100% rule does not imply that the optimal solution will necessarily change if the percentage exceeds 100%
    12·1 answer
  • !! 30 Points !! You see a commercial for a new product. It promises you clear skin in 30 days and greater confidence. The compan
    6·2 answers
  • Zaid's Tent Company has total fixed costs of $300,000 per year. The firm's average variable cost is $65 for 10,000 tents. At tha
    10·1 answer
  • An automobile final assembly plant is being planned for an annual production of 150,000 cars. The plant will operate one shift,
    13·1 answer
  • What is the effective annual rate​ (EAR) of a mortgage that is advertised at 8.5​% ​(APR) over the next twenty years and paid wi
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!