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lora16 [44]
3 years ago
8

When manufacturing overhead costs are assigned to production in a process cost system, it means that

Business
1 answer:
Colt1911 [192]3 years ago
8 0

Answer:

<em>When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.</em>

Explanation:

When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.

Absorption costing system is that where units of products and inventories are valued using full cost. Full cost implies that each product would be charged for an amount of the<em> fixed production overhead </em>in addition to the variable cost.

The fixed overhead is charged using a predetermined overhead absorption rate.

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You just won a state lottery! The lottery offers you a choice: you may choose a lump sum today, or $89 million in 26 equal annua
deff fn [24]

Answer:

the lump sum that would equal the present value of the annual installments is $38,163,612

Explanation:

The computation of the lumspum amount is as follows;

= Cash flow × (1 - (1 + rate of interest)^-number of years) ÷ rate of interest)

= $89 million × (1 - (1 + 0.0765)^-26) ÷ 0.0765)

= $38,163,612

Hence, the lump sum that would equal the present value of the annual installments is $38,163,612

Therefore the above is calculated by applying the given formula

7 0
3 years ago
What standard describes uniform, enterprise-wide cabling systems, regardless of who manufactures or sells the various parts used
ira [324]

Uniform, employer-wide cabling structures, no matter who manufactures or sells the diverse elements used in the system of gadget.

An employer analytics method allows companies to discover the equipment and techniques they need to installation to work with these large facts units and extract meaningful insights from them that can be used to tell enterprise choices. It needs in order to exchange over the years to meet evolving commercial enterprise needs.

Enterprise  cabling structures are going through a big paradigm shift. inside the past, one of the principal capabilities of a cabling device changed into to attach the laptop and IP telephone in workstations to the business enterprise community spine. that is swiftly

Learn more about enterprise-wide here:brainly.com/question/26304178

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3 0
2 years ago
The importance of formal planning in organizations has grown dramatically. Companies have found that they can achieve competitiv
Neko [114]

Explanation:

Strategic planning is important to an organization because it provides a sense of direction and outlines measurable goals. Strategic planning is a tool that is useful for guiding day-to-day decisions and also for evaluating progress and changing approaches when moving forward.

8 0
3 years ago
When the demand for smartphones increased in Preteresia, a country in Eastern Europe, the smartphone manufacturers started impor
Elan Coil [88]

Based on the actions of Preteresia , we can infer that this scenario best describes <u>Global Convergence</u>.

<h3>What is Global Convergence?</h3>
  • It refers to the current trend of various dimensions of the human life being integrated across nations.
  • Describes the integration of dimensions such as business, culture, the economy, and political policy across nations.

Preteresia in helping Abresia build those facilities, is engaging in global convergence because the industries in both countries are being integrated to allow for more efficient smartphone manufacturing.

In conclusion, this is global convergence.

Find out more on the effects of global convergence at brainly.com/question/18077255.

7 0
2 years ago
A JIT system uses kanban cards to authorize movement of incoming parts. In one portion of the system, a work center uses an aver
ycow [4]

Answer: 4 containers

Explanation:

The formula used to get the number of containers that are needed will be:

N = DT(1+X)/C

where,

N = total containers

D = planned usage rate used by the work center = 111 parts per hour

T = average waiting time = 100 minutes = 100/60 hours = 1.67 hours

X = inefficiency factor = 0.21

C = capacity of standard container = 5 dozens = 5 × 12 = 60 parts

N = DT(1+X)/C

N = (111 × 1.67)(1 + 0.21)/60

N = (185.37 × 1.21)/60

N = 224.2977/60

N = 3.738

N = 4 approximately

4 containers will be needed

4 0
3 years ago
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