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poizon [28]
4 years ago
13

Managers find operation costing useful in cost management because​ it: A. focuses on control of physical processes of a given pr

oduction system B. often results in profit maximization C. uses job costing to account for the conversion costs and process costing for the material and customizable components D. results in cost minimization
Business
1 answer:
kirill [66]4 years ago
6 0

Answer:

The answer is option  C) Managers find operation costing useful in cost management because​ it uses job costing to account for the conversion costs and process costing for the material and customizable components.

Explanation:

Operation costing is a mix of job costing and process costing,

In Process Costing, each process or stage of production is costed separately. while Job costing is used to calculate and assign the total cost of materials, labor, and overhead of a specific job.

The manufacture of a product may consist of several operations. In Operation Costing, costs are collected for each operation instead of each process or stage of manufacture.

Therefore, Managers find operation costing useful in cost management because​ it uses job costing to account for the conversion costs and process costing for the material and customizable components.

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On the first day of the fiscal year, Hawthorne Company obtained an $88,000, seven-year, 5% installment note from Sea Side Bank.
Alex73 [517]

Answer:

DR  - Interest expense - $4,400

Explanation:

DR  - Interest expense - $4,400

DR  - Notes payable     - $10,808

CR  - Bank/Cash           - $15,208

5 0
3 years ago
Read 2 more answers
Select all of the purposes workplace technology can serve, as stated in the segment.
vekshin1

Answer:

Explanation:

B because why not

7 0
3 years ago
Zeta Co. reported sales revenue of $4,600,000 in its Income Statement for the year ended December 31, 20X1. Additional informati
Black_prince [1.1K]

Answer:

Zeta would have reported 20X1 sales of $4,280,000.

Explanation:

Note: the additional information in the question is correctly represented before answering the question as follows:

                                                                 12/31/X0              12/31/X1

Accounts receivable                              $1,000,000         $1,300,000

Allowance for uncollectible accounts      (60,000)             (110,000)

The explanation of the answer is now given as follows:

Since sales is equal to cash collections under the cash basis of accounting,  cash collected on accounts receivable can therefore be calculated as follows:

Ending balance = Beginning balance + Sales − Collections − Write-offs ......... (1)

Where;

Ending balance = $1,300,000

Beginning balance = $1,000,000

Sales = $4,600,000

Collections = ?

Write-offs = $20,000

Substituting the values into equation (1) and solve for collections, we have:

$1,300,000 = $1,000,000 + $4,600,000 − Collections − $20,000

Collections = $1,000,000 + $4,600,000 − $20,000 - $1,300,000

Collections = $4,280,000

Therefore, Zeta would have reported 20X1 sales of $4,280,000.

7 0
3 years ago
Black market dealers are often legitimate businesses with questionable and illegal practices. (points : 2) true false
amm1812
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6 0
3 years ago
Which Command Staff member approves the Incident Action Plan and all requests pertaining to the ordering and releasing of incide
____ [38]

Answer: Incident commander

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These types of designations are usually given to the heads of relief teams acting on some disaster or natural calamity.

Hence from the above we can conclude that the right option is D.

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3 years ago
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