Answer:
False
Explanation:
Merchandise inventory is the stock that company have to kept in its godown while the account receivable is that when company sold the goods on credit basis to the customer
So here the company could received the payment within 12 months it can be in within month also
So the given statement is false
Answer: $31200
Explanation:
Based on the information given in the question, the total cost to be assigned to the ending work in process will be:
Material cost = 4800 × $6 = $28800
Conversion cost = 4800 × 25% × $2 = $2400
Therefore, the total cost to be assigned to the ending work in process will be:
= $28800 + $2400
= $31200
Answer:
Cash paid 168,000
Explanation:
Assuming that there were no inventory at start of the year
purchases during the year :
Sold = 155
Closing inventory = 21
Total purchase (155+21) = 176
Cash paid for merchandise = total purchase - increase in liability
Cash paid = 176-8 = 168
520.83 cents take the amount divide it by 12 then 2.
The answer in the space provided is impede because they need
to prevent the integration process of global information system in which
impeding is the process or practice that helps them to engage with the process
that involves of the GIS.
