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
Alisiya [41]
3 years ago
6

Process costing would be most likely used by a A. salsa company. B. soft drink manufacturer. C. cereal company. D. all of the ab

ove would use process costing.
Business
1 answer:
Lana71 [14]3 years ago
4 0

Answer:

All of the above would use process costing.

Explanation:

Process costing can be defined as a method of assigning manufacturing costs whereby the cost of each unit produced is assumed to be the same cost for every unit.

Process costing is most commonly applied when goods are produced in large numbers and when the costs linked to individual units cannot be easily differentiated from each other.

Under process costing, costs rise over a fixed period of time, and are then assigned to all the units produced throughout that period.

You might be interested in
When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is called the _______.
maksim [4K]
Letter D. W-4 is the answer to your question.
5 0
3 years ago
Read 2 more answers
Congress enacts the Ad Restriction Act (ARA) to limit advertising in certain circumstances. The ARA will be considered valid il
Bond [772]

Answer:

A) and goes further than necessary to ensure full coverage

8 0
3 years ago
Juanita owns 60% of the stock in a C corporation that had a profit of $200,000 in the current year. Carlos owns a 60% interest i
Ivan

Answer:

The statement which is incorrect or not true is Option A.

Explanation:

Juanita owns 60% of stock in the corporation, so from the profit of $200,000 in the current year, she should report

= $200,000 × 60%

= $120,000

But the Corporation distributed $45,000 to Juanita. Therefore, she should report only $45,000 for this year not $120,000.

Therefore, the first option is incorrect.

4 0
3 years ago
The margin of safety is a measure of the distance between budgeted sales and the break-even point. It can be measured in dollars
Rudiy27

Answer:

The correct option is these statements are true

Explanation:

Margin of safety is the measure of the reduction in sales that needs to be recorded before a company makes no profit,invariably the difference the planned sales volume and the sales volume required to break even(makes no profit no loss).

The margin of safety can be expressed in volume,say 100 units of a product,in dollar terms ,say each product sells for $100 each,the margin of safety becomes $10,000($100*100) and can also be expressed in percentage terms depending on the way management wants it stated.

4 0
3 years ago
Which one of these equations is an accurate expression of the balance sheet? Assets ≡ Liabilities −Stockholders’ equity Stockhol
Greeley [361]

Answer:

Stockholders’ equity ≡ Assets −Liabilities

Explanation:

The Balance Sheet equation is also known as the Accounting equation. It can be written in 3 ways as :

Assets = Equity + Liabilities

or

Equity = Assets - Liabilities

or

Liabilities = Assets - Equity

3 0
2 years ago
Other questions:
  • Why should companies be careful to report cash and cash equivalents correctly?
    15·1 answer
  • Which of the below statements is inaccurate?
    5·1 answer
  • g Handal Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the c
    8·1 answer
  • Inez transfers property with a tax basis of $200 and a fair market value of $300 to a corporation in exchange for stock with a f
    5·1 answer
  • Explain the most probable reason why the market price of these bonds has declined, even though Clear-Air‘s credit rating has imp
    11·1 answer
  • The Crazy Nut Company wishes to market two special nut mixes during the holiday season. The Fancy Mix contains 0.5 pound of pean
    10·1 answer
  • Match the measurement bases with its definition. Definition Measurement Bases A. Amount of cash (or equivalent) that would be re
    10·1 answer
  • I just applied for moderator<br> wish me luck
    10·2 answers
  • The business department of State Community College is increasing its online course offerings. Its objectives are uniformity of q
    15·1 answer
  • positive economics ______ value judgments, tries to establish ______ statements about economic behavior, and deals with ______ e
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!