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
kondaur [170]
3 years ago
12

In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $26,000 and ending

work in process inventory of $31,000. During the month, the cost of units transferred out from the department was $161,000 In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be: _________A. $145,000 B. $132,000 C. $192,000 D. $57,000
Business
1 answer:
notsponge [240]3 years ago
7 0

Answer:

Total cost accounted will be $192000

So option (C) will be correct answer

Explanation:

We have given beginning work in process inventory = $26000

Ending work in process inventory = $31000

And cost of units transferred from the department is $161000

We have to find the total cost accounted

Total cost account will be equal to sum of ending process inventory and cost of units transferred out from the department

So total cost accounted = $31000 + $161000 = $192000

So option (C) will be correct answer  

You might be interested in
A person wants to invest $10,000 into stocks: a high tech company (T) with an expected annual return of 12% and a risk index of
Lelu [443]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document. Last version.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
7 0
3 years ago
Electronic communication:_____.
otez555 [7]
E. You can send a presentation via email instead of having to fly to a customer.
5 0
3 years ago
Under _________dividend reinvestment plan, the company gives any cash dividends that investors would have received in a bank, wh
ankoles [38]

Answer:

Old Stock

Explanation:

The Dividend Reinvestment Plan is a platform where investors or shareholders in a company, reinvest the dividends they gained into more shares sold by the same company, most times without having to pay commissions.

Under the <em>Old stock dividend reinvestment plan, </em>an outside trustee, that is, a member of the board who is not an officer in the company, repurchases the company's existing shares in the stock market and then allocates the shares purchased among the stockholders. They sell the shares at market price. Most times, in order to encourage shareholders participation the company making the repurchase takes care of the commission fees.

8 0
3 years ago
All sources of income are known as which of the following?
Oksanka [162]
I think the correct answer from the choices listed above is the first option. All sources of income are known as gross income. It is an <span>individual's total personal </span>income<span>, before accounting for taxes or deductions. Hope this answers the question. Have a nice day.</span>
4 0
3 years ago
Read 2 more answers
To qualify for the quantity discount, which of the following may not be joined together under the definition of any person?
Sedaia [141]

Answer:

C. Father and his 35-year-old son investing in separate account.

Explanation:

Quantity discount when offered relates to one particular account, and not multiple accounts at a time.

In a transaction joint accounts are called as single person where there is only one main account in consideration and no secondary account exists for the same.

As in the given options,

Option A of husband and wife investing in a joint account means a single account is made of which both the husband and wife are controllers.

Option B is of UTMA account which is made for the benefit of the minor child, although involves two people that is parent and child, but is run individually by the parent and is a single account.

Further Option C provides for separate investment accounts , which means two different accounts and therefore are completely different one of father and another of son, thus do not qualify of quantity discount jointly, either of the one account can claim the quantity discount as a person.

4 0
3 years ago
Other questions:
  • What factors affect the time value of money and the cost of borrowing money?
    6·1 answer
  • A department within an organization that focuses on generating profits is called a(n
    6·1 answer
  • What is the difference between commodity money and fiat​ money?
    13·1 answer
  • It will take Cody 3 months to save up enough money to purchase a stereo. He has a credit card with a 12% interest rate. Cody’s f
    12·2 answers
  • "Clothing maker The Gap states that its purpose as an organization is to "create emotional connections with customers around the
    10·1 answer
  • Airline companies around the world are experiencing increased costs in part due to _________.\
    14·1 answer
  • A secured creditor whose claim exceeds the value of the collateral may submit a proof of claim and become an unsecured claimant
    7·1 answer
  • Tim and Tammy are updating their financial plan and are concerned that they might not have enough life insurance coverage for th
    11·1 answer
  • The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the fol
    8·1 answer
  • alpha corporation began using the mark zing for chocolate candy bars in new york and new jersey in 2010. in 2015, without any kn
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!