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3 years ago

Define �cost� as applied to the valuation of inventories.

1 answer:

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Cost is the primary basis for accounting for inventories. Sum of the expenses and charges incurred in bringing an item to it's existing condition and location.

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Clayton, a supervisor, needs to rate the performance of 20 subordinates. He uses a rating scale to rate them on a scale of 1 to

tigry1 [53]

Answer:

The correct answer is a) distributional.

Explanation:

The standard error is the standard deviation of the sample distribution of a sample statistic.1 The term also refers to an estimate of the standard deviation, derived from a particular sample used to compute the estimate.

The sample mean is the usual estimator of a population mean. However, different samples chosen from the same population tend in general to give different values of sample means. The standard error of the mean (that is, the error due to the estimation of the population mean from the sample means) is the standard deviation of all possible samples (of a given size) chosen from that population. In addition, the standard error of the mean can refer to an estimate of the standard deviation, calculated from a sample of data that is being analyzed at the same time.

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3 years ago

Which one of the following statements is true? a. A manufacturing company will normally have raw materials, work in process, and

soldier1979 [14.2K]

Answer:

d. A manufacturing company will normally have raw materials, work in process, and merchandise inventory as inventory account classifications.

Explanation:

Normally a manufacturing company has various inventors such as raw material, work in progress and finished goods and the inventories are goods that held up in stocks for the ultimate goal of resale, another type of inventories include transit inventory, buffer inventory and cyclic inventory.

Merchandise inventory is a finished good that is taken for sale by retail or wholesale. The finished goods for the sale by manufactures are generally called as finished goods inventory.

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3 years ago

In 2019, Teller Company sold 3,000 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $270,000. T

Yuliya22 [10]

Answer:

Break-even point in units= 1,500

Explanation:

Giving the following information:

Selling price= $600

Unitary variable cost= $420

Fixed cost= $270,000

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 270,000 / (600 - 420)

Break-even point in units= 1,500

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3 years ago

Disruptive innovations are more likely to come from large companies with extensive resources.

qaws [65]

Answer:

a. True

Explanation:

A disruptive innovation that is an innovation that is created by a new market and a value networks and eventually destroys a new market and established a market-leading firm.

It overtakes an existing market and are tended to be produced for the outsiders and entrepreneurs and startups and rather than the existing market companies and are a set of complex systems.

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3 years ago

An individual who provides services to your business, but is not an employee is considered

Reika [66]

Answer:

independent contractor

I hope it helps.

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2 years ago