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4vir4ik [10]
3 years ago
8

________ are voluntary collectives with the purpose of advancing their members' interests. one example of such a collective is t

he teamsters union. mutual-benefit organizations clan cultures for-profit organizations volunteer co-ops nonprofit organizations
Business
2 answers:
Maru [420]3 years ago
3 0

The answer in the space provided is the mutual benefit organizations as this is the one responsible of advancing the members’ interests in which is a voluntary collective. This is an organization or corporation that are non profited and are being established in ways that will be of benefit to the people involved.

yanalaym [24]3 years ago
3 0
The answer is mutual benefit organizations in which voluntary collectives whose determination is to advance members interests that include the unions and trade associations. In addition, the other forms of organization are the profit organization in which shaped to make money or profits by proposing products or services and the other type is nonprofit organization in which it is formed to offer services to some clients not to make a profit that includes hospitals and colleges. The communal fundamentals of organizations are common purpose, coordinated effort, division of labor, hierarchy of authority, span of control, authority, accountability, responsibility and delegation.  
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What would be the double entry for an issue of indirect production materials? Select one: a. Dr Material control account Cr Fini
sattari [20]

Answer:

b. Dr Production overhead control a/c Cr Material control account.

Explanation:

Indirect material in the production process is defined as those input that cannot be directly traced to the product. They are different from direct materials like raw materials that are used to make the product.

Indirect materials are classified as overhead.

The double entry for issue of indirect materials is:

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4 0
4 years ago
Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, m
DanielleElmas [232]

Answer:

Bavarian Chocolate Company

Blending Department

1. Cost of Production Report:

Cost of production:                   Materials     Conversion     Total

Beginning WIP                            $37,950        $8,418          $46,368

Direct materials, 26,000 units  429,000      149,040          578,040

Total cost or production         $466,950    $157,458        $624,408

(See the workings of this report below.)

2. Change in direct materials cost per equivalent unit

                                 Increase or Decrease

                               Materials     Conversion

September             $16.50          $6.005

October                   $16.51           $5.99

Amount                   $0.01           $0.015

                               Increase        Decrease

Explanation:

a) Data and Calculations:

partial work in process account of the Blending Department at October 31, 2014:

Date  Item                                                Debit       Credit       Balance

Oct.1 Bal., 2,300 units, 3/5 completed 46,368

31 Direct materials, 26,000 units       429,000                       475,368

31 Direct labor                                      100,560                       575,928

31 Factory overhead                              48,480                       624,408

31 Goods transferred, 25,700 units                     578,378       46,030                          

31 Bal., 2,600 units, 1/5 completed                                           46,030

Ending units in process:

Beginning units in process        2,300

Direct materials                        26,000

Units available for production 28,300

Units transferred out               25,700

Ending units in process             2,600

Equivalent units of production:               Materials  Conversion

Units started and completed = 25,700   25,700      25,700

Ending WIP                                  2,600     2,600           520 (1/5 * 2,600)

Equivalent units produced                      28,300      26,220

Cost per unit of direct materials = $429,000/26,000 = $16.50

Cost of production:                   Materials     Conversion     Total

Beginning WIP                            $37,950        $8,418          $46,368

Direct materials, 26,000 units  429,000      149,040          578,040

Total cost or production         $466,950    $157,458        $624,408

Cost per equivalent unit:      Materials     Conversion

Total cost or production         $466,950    $157,458

Equivalent units produced          28,300       26,220

Cost per equivalent unit           $16.50          $6.005

Assignment of cost to units completed and ending WIP:

                                                    Materials     Conversion      Total

Units transferred out (25,700)   $424,050     $154,328    $578,378

Ending WIP (2,600/520)                 42,900            3,130        46,030

Total                                            $466,950     $157,458    $624,408

2. Assuming that the October 1 work in process inventory includes direct materials of $38,295, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between September and October.

Cost of production:                   Materials     Conversion     Total

Beginning WIP                            $38,295        $8,073         $46,368

Direct materials, 26,000 units  429,000       149,040         578,040

Total cost or production         $467,295       $157,113        $624,408

Cost per equivalent unit:      Materials     Conversion

Total cost or production         $467,295      $157,113

Equivalent units produced         28,300       26,220

Cost per equivalent unit           $16.51           $5.99

Assignment of cost to units completed and ending WIP:

                                                    Materials     Conversion      Total

Units transferred out (25,700)   $424,307     $153,943    $578,250

Ending WIP (2,600/520)                 42,926            3,115         46,041

Total                                            $467,233     $157,058    $624,291

5 0
3 years ago
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