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3 years ago

The journal entry to record the transfer of units from Process 1 to the Process 2 in process costing is:

Business

1 answer:

ratelena [41]3 years ago

5 0

Answer:

Debit Work in Process Inventory – 2 and credit Work in Process Inventory-1

Explanation:

Hope this helps :)

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ACME Corp. is striving to foster a set of ethical values, beliefs, goals, norms, and rituals that members of an organization sha

Rom4ik [11]

Answer:

This is known as social responsibility.

Explanation:

Social responsibility is an ethical theory, in which individuals are accountable for fulfilling their civic duty; the actions of an individual must benefit the whole of society. In this way, there must be a balance between economic growth and the welfare of society and the environment.

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4 years ago

Urgency, specific application, and size of order are examples of ________ segmentation variables for business markets.a. Situati

taurus [48]

Answer:

Letter a is correct. Situational factors.

Explanation:

Situational factors are defined as the set of temporary environmental factors that will influence consumer behavior in the purchasing process.

These may include:

the physical environment: physical characteristics that influence purchase such as the organization and size of space.
the social environment: influence of consumption by other people.
the task: convenience of purchase for some reason.
the time: time the person has to make a purchase.
antecedent psychological states: spirit and psychological states that influence people to buy.

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4 years ago

In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $26,000 and ending

notsponge [240]

Answer:

Total cost accounted will be $192000

So option (C) will be correct answer

Explanation:

We have given beginning work in process inventory = $26000

Ending work in process inventory = $31000

And cost of units transferred from the department is $161000

We have to find the total cost accounted

Total cost account will be equal to sum of ending process inventory and cost of units transferred out from the department

So total cost accounted = $31000 + $161000 = $192000

So option (C) will be correct answer

7 0

3 years ago

Developing nations currently account for ________ of FDI in the form of cross-border mergers and acquisitions. Group of answer c

jarptica [38.1K]

Answer: B

Explanation: About one third or less

3 0

3 years ago

You have just won the lottery and will receive $530,000 in one year. You will receive payments for 25 years, and the payments wi

polet [3.4K]

Answer:

Present value= $3,642,651.54

Explanation:

Giving the following information:

You have just won the lottery and will receive $530,000 in one year. You will receive payments for 25 years, and the payments will increase by 4 percent per year. The appropriate discount rate is 10 percent.

First, we need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual payment= 530,000

i= 0.04 + 0.10= 0.14

n= 25

FV= {530,000*[(1.14^25)-1]}/0.14

FV= 96,391,538.43

Now, we can calculate the present value:

PV= FV/(1+i)^n

PV= 96,391,538.43/ (1.14^25)

PV= $3,642,651.54

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3 years ago