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3 years ago

Which of the following products is most likely to be produced in a process operations system?

Business

1 answer:

s2008m [1.1K]3 years ago

4 0

Answer:

Cereal

Explanation:

Process operations system which is also known as either process manufacturing or process production can be defined as the way of producing a product in mass, by making use of mass production method and this product are often produce in a continuous flow.

Therefore CEREAL is the products that is most likely to be produced in a process operations system because the production of Cereal is mostly carried out or produce in a process operations system.

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On June 30, Coral, Inc. finished Job 750 with total job costs of $ 4 comma 400, and transferred the costs to Finished Goods In

Grace [21]

Answer:

The correct option is D,debit Cost of Goods Sold $4,100 and credit Finished Goods Inventory $4,100

Explanation:

The total job costs is $4,100 not $4,400 ,which then means that the cost of goods sold is $4,100.

The appropriate entry for such sale is to credit merchandise inventory since the inventory reduces due to such sale being made while cost of goods sold is debited with the same amount.

In a nutshell, the correct option is D,

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3 years ago

Craigmont company's direct materials costs are $3,000,000, its direct labor costs total $7,000,000, and its factory overhead cos

Ivanshal [37]

Conversion cost is defined as the sum of direct labor costs and manufacturing overhead costs. It is the manufacturing cost needed to convert raw materials to a product. From the information given above, the conversion cost is the summation of direct material costs, direct labor costs and factory overhead costs.
$3000,000 + 7,000,000 + 5,000,000 = 15,000,000
Therefore, the conversion cost is $15,000,000.

3 0

3 years ago

Kyle plans to punch patrick. he calls patrick and tells him he will punch him tomorrow at 4:00 pm. at 2:00 pm the next day, kyle

stepan [7]

<span>Technically, Kyle lied to Patrick about the time at which he would punch him. However, there is no contract to prove that this was what was said on the phone (heresay). Additionally, it does not mention that there was any sort of agreement or consideration made between the two of them regarding this. And even if there was, there might be a legality issue due to the fact that punching is both assault and battery when committed on a person, so the contract may not even be enforceable. In terms of civil torts, Kyle didn't really commit anything that is pursuable in court, but did commit battery and assault. If Patrick fell or hit his head further and was injured/killed, he would be liable for an involuntary action, of which would be manslaughter if Patrick died. He would also be able to be sued for wrongful death by Patrick's family.</span>

3 0

3 years ago

Read 2 more answers

The gross increases in retained earnings attributable to business activities are called

insens350 [35]

They are called revenues.

3 0

3 years ago

Logistics Company had the following items listed in its trial balance at 12/31/2018: Balance in checking account, Bank of the Ea

Elena L [17]

Answer: $352,000

Explanation:

The information needed to calculate the cash and cash equivalent are:

Balance in checking account, Bank of the East = $ 382,000

The restricted cash included in the checking account = $49,000

Treasury bills = $19,000

We subtract the restricted cash from the balance in the checking account and then add it to the treasury bills. This will be:

= ($382,000 - $49,000) + $19,000

= $333,000 + $19,000

= $352,000

4 0

3 years ago