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jek_recluse [69]
3 years ago
15

Which of the following statements is true of labor cost flows associated with a job-order costing? a.They reflect only indirect

labor cost. b.They reflect both indirect labor and administrative overhead costs. c.They reflect both direct and indirect labor costs. d.They reflect only direct labor cost.
Business
1 answer:
alexira [117]3 years ago
7 0

Answer:

d.They reflect only direct labor cost.

Explanation:

Job order costing is an accounting method that assigns cost and revenue to each job that is performed in the production process.

Reporting shows profit that is realised per job. Job numbers are assigned to individual items of expense and revenue.

Examples of companies that use job order costing include food factories, clothing factories, accounting firms, law firms, hospitals, and aircraft manufacturers.

Job order costing therefore reflects only the direct labour that is inputted into the job.

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Ten percent of your grade for this assignment is based on your explanation of two basic principles of communication:
kifflom [539]

The statement that ten percent of your grade for this assignment is based on your explanation of two basic principles of communication is false because the answer is based on the grading rubric of the week one assignment that was given.

3 0
3 years ago
1. A business acquaintance promises to deliver a $20 bill to you one year from today. How much should you be willing to pay toda
riadik2000 [5.3K]

Answer and Explanation:

The computation is shown below;

1. The willing amount to pay for the promise should be less than $20 that represents the time value of money

2. Now the present value is

= Received amount × discounting factor at 6% for 3 years

= $1,000 × 0.839

= $839

3. Now the interest rate is

As we know that

Future value = Present value × (1 + rate of interest)^number of years

$1,000 = $863.84 × (1 + rate of interest)^3

rate of interest =5% approx

6 0
3 years ago
In the context of management planning, _____ refers to high-level, long-term planning that establishes a vision for the company,
ziro4ka [17]

Answer:

Strategic Planning

Explanation:

Strategic plan accounts for long term <em>goals </em>and <em>vision</em> of a company. While planning strategically, leaders draw the road map for their company which solves <em>how-to questions</em> in achieving those goals. Moreover, through their set priorities, the company's <em>value</em> and <em>vision</em> would also be sorted out. As there are multiple planning dimensions, strategic planning can be differentiated from the others by identifying these 2 factors.

  1. Time Horizon: Strategic planning is done for the long term usually for 5-6 years.
  2. Formation of plan: Within the hierarchy of an organization only high-level leaders are the ones responsible to come up with strategic planning.
5 0
3 years ago
ASAP 65 points.
Bad White [126]

Answer:

Ebay

Explanation:

Ebay’s corporate and sales websites have  a lot of differences, the most notable being the lack of interface to purchase products on the corporate site. Another difference is that the corporate website is more like a newsfeed, showing achievements, advertisements, etc, for the company, whereas the sales site has lots of pictures and products, and it is more visually pleasing because of the colours. A final difference is there is a lot less text and writing on the sales website than on the corporate website.

Some qualities I associate with Ebay are:

That the products sold on the website are often cheaper than in the shops, because you are purchasing directly from the business.

Another quality that i think of is that it enables small businesses to start their companies without the costs of properties. as well as providing big corporations with somewhere to ensure they get sales.

A final quality that i associate with Ebay is the ability to sell your unwanted things to people, therefore making some profit.

I think Ebay does not have a target market, as when you access their sales website, they have products for every age group, baby toys, phones, mobility scooters, etc.

An example of a desire-based advertisement i have seen is the Galaxy advertisement, where the chocolate is portrayed as a luxury product that is desired by everyone.

An example of fear-based advertising is toothpaste advertisements, where they show what could happen if you don’t use their product, which makes you want to buy it.

You're welcome.

5 0
3 years ago
If the fair price for a 4-year annuity paying $100 per year is $334.57, what is the yield to maturity on a four year zero–coupon
Harrizon [31]

Answer:

YTM = 8%

Explanation:

$100 per year up to 4 years means, each year, the FV = $100.

We know, Zero coupon bond = [Fair Value ÷ (1 + YTM)^{n}]

As the 4-year annuity paying the different YTM in the previous three years, 4th year YTM will be -

Bond value = \frac{100}{1 + 0.6} + \frac{100}{(1+0.07)^2} + \frac{100}{(1+0.08)^3} + \frac{100}{(1+YTM{4})^4}

or, $334.57 = $94.3396 + $87.3439 + $79.3832 + \frac{100}{(1+YTM{4})^4 }

or, $334.57 - 261.0667 = \frac{100}{(1+YTM{4})^4 }

or,  (1+YTM{4})^4 = ($100 ÷ $73.50)

or, 1 + YTM = (1.3605)^{\frac{1}{4}}

or, YTM = 1.08 - 1

YTM = 0.08 or 8%

4 0
3 years ago
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