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3 years ago

A time clock is not used to provide an accurate record of time on the job. a. True b. False

Business

2 answers:

Bess [88]3 years ago

4 0

That statement is true.

A time clock would is mostly used to record the time when employees are coming in and coming out.

To record an accurate time on the job, most companies use a time tracking software, which would record the time when employees are typing something and moving the cursors and taking screenshots of the employee's screen on the same time.

Irina-Kira [14]3 years ago

3 0

The answer is (B. A clock is used to provide an accurate time....

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The following units of a particular item were available for sale during the year:

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Answer:

Explanation:

The total cost of the ending inventory according to FIFO is $22,880.

Part b

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3 years ago

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Elanso [62]

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3 years ago

On March 31, Dower Publishing discounted a $30,000 note at a local bank. The note was dated February 28 and required the payment

MAXImum [283]

Answer:

Dower will receive $30,856

Explanation:

on March 31 the bank will discount the future value of the note at 8% discount rate:

principal x (1 + rate x time ) = future value of the note

30,000 x (1 + 0.06 x 3/12*) = 30,450

Now, we solve for the discounte value at march 31 using an 8% discount rate:

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4 years ago

Vaughn Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1,

Gelneren [198K]

Answer:

$1.2

Explanation:

Predetermined overhead rate is the rate that is used to apply estimated overhead to job orders or products.

The predetermined overhead rate for 2020 is calculated as ;

= Estimated total manufacturing overhead costs / Estimated Direct labor cost

= $882,000 / $735,000

= $1.2

Therefore, the predetermined overhead rate for 2020 is $1.2

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3 years ago

The expected return on a portfolio: Group of answer choices can be greater than the expected return on the best performing secur

Slav-nsk [51]

Answer:

is limited by the returns on the individual securities within the portfolio

Explanation:

Portfolio is simply defined as a list of securities showing how much is (or will be) invested in each of them.

The expected return on a portfolio is calculated as the weighted average of the expected returns on the securities that the portfolio involves. The weight of each security is the a Portion or a fraction of wealth invested in that security. Expected return on a portfolio of N securities is: rp= sum (Xr).

Expected Return is usually based on anticipated income and anticipated capital appreciation.

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3 years ago