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2 years ago

Which statement concerning process cost accounting is correct?

1 answer:

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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A local family-run Greek restaurant has been a part of the community for twenty years. Their mission is to provide local, fresh,

Furkat [3]

The correct answer to this open question is the following.

Although there are not options provided, we can say that some additions that could be implemented which are aligned with this company’s values are the inclusion on the menu of organic food, vegan food, and kosher products so all kinds of customers can find a good option in the restaurant.

Another important thing is the way to market and communicate their innovations to consumers. In college, the son should have learned that the way a restaurant markets its products and services is as important as the kinds of food it offers.

8 0

3 years ago

Collins, Inc. issued a nontaxable stock dividend of one share for each share owned. Melissa, a shareholder of Collins, had a tot

DiKsa [7]

Answer:

$5,000

Explanation:

Based on the information given we were told that had a total basis in her 500 shares of stock of the amount of $5,000 which means that The total basis of Melissa's 1,000 shares of stock after the dividend is $5,000 which is her total basis in her 500 shares of stock.

7 0

3 years ago

Cody Manufacturing started doing business on January 1st of the current year. Cody estimates that its sales will be 9,000 units

uranmaximum [27]

Answer:

cool

Explanation:

i like it

4 0

3 years ago

WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a s

timofeeve [1]

Answer:

$258,000

Explanation:

Data given in the question

Salary paid on annual basis to onsite supervisor = $94,000

Salary paid on annual basis to one salaried estimator = $52,000

Two administrative assistant salaries $56,000 and $40,000

Salary of the president = $162,000

So, by considering the above information, the common fixed expense is

= Administrative salaries for one + administrative salaries for another + president salary

= $56,000 + $40,000 + $162,000

= $258,000

6 0

2 years ago

A department store, pressured to meet year-end targets, liquidated a large amount of merchandise at low prices even though it wa

brilliants [131]

Answer:

Sales Growth pricing objective

Explanation:

Since prices are being reduced then the aim will not be profitability, neither was it mentioned that it was because of competitors but it was done in the bid to meet internalsales targets.

This is an example of which pricing objective of Sales Growth:

Sales Growth’s objective is to increase sales volume. <u>It sets its price in such a way that more and more sales can be achieved.</u> It is assumed that sales growth has direct positive impact on the profits. <u>So, pricing decisions are taken in way that sales volume can be raised. Setting price, altering in price, and modifying pricing policies are targeted to improve sales.</u>

4 0

2 years ago