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Kryger [21]
4 years ago
5

If the amount of loss in a manufacturing process is abnormal, it should be classified as a: Group of answer choices a. Period co

st. b. Deferred charge. c. Joint cost. d. Product cost.
Business
1 answer:
elixir [45]4 years ago
3 0

Answer:

Period cost

Explanation:

The process was abnormal potentially for that period only - it is not a product issue but a process issue. So it would considered period cost

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A company purchased $9,100 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $455 of that merchandise.
elena-14-01-66 [18.8K]

Answer:

$259.35

Explanation:

The computation of the amount of cash paid is shown below:

= (Purchase value of merchandise - returned goods of merchandise - discount charges)

= ($9,100 - $455 - $259.35)

= $8,385.65

The discount charges is

= (Purchase value of merchandise - returned goods of merchandise) × discount rate

=  ($9,100 - $455) × 3%

= $259.35

We simply applied the above formula

3 0
4 years ago
Carl has worked on a factory line for years. Recently, his job on the line has been increasingly replaced by robotics in his ind
Zarrin [17]

Answer:

structural unemployment

Explanation:

Unemployment is a situation where people who are ready and willing to work can not find one.

<u><em>Structural Unemployment</em></u>

<em>Structural Unemployment: </em><em> One of the reasons for unemployment is when the production process is automated. In this instance, works and tasks that were formerly done by humans and now been taken over by machines</em>

<em>For example, the work formerly done by Carl has now been taken over by robotics. Usually , this will lead to mismatch of skills because the skills possessed by Carls are no longer needed by his employer.</em>

Therefore, Carl is experiencing structural unemployment

8 0
3 years ago
You are making a $120,000 investment and feel that a 10 percent rate of return is reasonable given the nature of the risks invol
Vika [28.1K]

Net Present Value is the difference between the present value of cash flows and the initial investment.

Net Present Value = Present Value of cash flows - Initial Investment

The following image shows the Net Present value of the cash flows:

Net Present Value = $122,142 - $120,000

Net Present Value = $2,142

5 0
3 years ago
Classify the following items as (1) prepaid expense, (2) unearned revenue, (3) accrued revenue, or (4) accrued expense: a. Cash
slava [35]

Answer:

a. Unearned Revenue; b. Accrued Revenue; c. Accrued Expense; d. Prepaid Expense

Explanation:

Prepaid Expenses : Expenses paid before due

Unearned Revenue : Revenue earned before due i.e Advance Income

Accrued Revenue : Revenue earned i.e due , but not received

Accrued Expense : Expense due but not paid i.e Outstanding Expense

a. Cash received for use of land next month = Unearned Revenue or Advance Income

b. Fees earned but not received in cash = Accrued Revenue / Accrued Income

c. Wages owed but not yet paid = Accrued Expense / Outstanding Expense

d. Supplies on Hand = Prepaid Expense

3 0
4 years ago
Give an example of one good or service produced in the United States using the command model. Justify your example using content
Ymorist [56]

What poster are you referring to? There’s nothing there but the question

5 0
3 years ago
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