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tatyana61 [14]
3 years ago
8

Which statement concerning process cost accounting is correct?  

Business
1 answer:
GalinKa [24]3 years ago
6 0
I think the answer is C. Individual work in the process accounts are maintained for each production department of manufacturing process. 
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It is estimated that logistics costs including transportation, distribution center operations, and order processing represent __
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It is estimated that logistics costs including transportation, distribution center operations represent 25 to 30% of the retail price that you pay for a new car.

<h3>What is retail price?</h3>

The retail price is the price that a customer will pay when purchasing a product at a retail store. This is the final price that customers pay for the goods purchased.

Here, other expense cost are added before a retail price is decided by a seller so that they can have profit from the sale.

Hence, It is estimated that logistics costs including transportation, distribution center operations, and order processing represent 25 to 30% of the retail price that you pay for a new car.

Learn more about retail price here : brainly.com/question/12929999

6 0
3 years ago
Briefly describe variable, fixed, mixed, and step costs, and indicate how the total cost function of each changes as activity in
vitfil [10]

Answer:

Explanation:

• Variable costs are costs that varies with activity level. It means that these costs changes as more and more goods and services are produced by a company. Total variable cost changes with change in output produced by a firm in the long run.

Examples of variable costs are costs of raw materials used in producing goods, direct labor costs, sales commission etc.

• Fixed costs are costs that does not vary with activity level. This means that these costs remains the same as more and more goods are produced by a company. The total fixed cost does not change with changes in output produced by a company in the short run.

Examples are rent payments, salaries, depreciation.

•Mixed costs are costs that have components of both fixed and. variable costs. The fixed part of mixed cost remains unchanged as activity level increases or decrease while the variable part changes with activity level. The fixed part of a total cost function of a mixed cost remains the same as activity level increases in the short run, while the variable part changes with output level in the long run.

Examples are utilities, insurance, operating license

•Step costs. These are costs that remains the same at an activity level but increases or decreases when the threshold of an activity is achieved.

Example is a factory production supervisor salary

3 0
3 years ago
. Compared to a human, what is different about how the sea sponge gets molecules from food and air?
Nadusha1986 [10]

Answer:

They're very simple creatures, though: a sponge doesn't have a respiratory system, a digestive system, or a circulatory system. Instead, sponges rely on the flow of water through their bodies to bring them food and oxygen and carry waste away.

Explanation:

6 0
2 years ago
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