Which of the following criteria would Ben think is the least important as he decides on a career to support his lifestyle

The Fabricating Department started the current month with a beginning Work in Process inventory of $11,600. During the month, it

raketka [301]

Answer: $18,280

Explanation:

Ending inventory for fabricating department = Beginning Work in Process + Direct materials + Direct labor + Factory overhead - Inventory transferred out of department

= 11,600 + 77,600 + 25,600 + (80% * 25,600) - 117,000

= 11,600 + 77,600 + 25,600 + 20,480 - 117,000

= $18,280

6 0

3 years ago

Some accountants argue that variances should be written off directly to cost of goods sold, regardless of materiality, because:

Citrus2011 [14]

I had to look for the options and here is my answer.

Some accountants assert that variances should be written off directly to the price of the sold goods, regardless or materiality because product proration would indicates that assets values on the balance sheet consist of the inefficiency costs.

8 0

3 years ago

Companies typically like to design scorecards that fit their business and industry. As a result, there are software applications

olchik [2.2K]

Answer:

a. Performance dashboards

Explanation:

Based on the scenario being described within the question it can be said that these scorecard applications are often referred to as Performance Dashboards. These are a type of management tool that companies use in order to measure the company's performance and monitor/manage different processes in order to achieve business goals. These systems are many times offered by other companies and linked to a firm's enterprise software system for customized results.

7 0

3 years ago

Dividends of a foreign subsidiary are translated : A. the average exchange rate for the year. B. the current exchange rate on th

klemol [59]

Answer:

B) the current exchange rate on the date of preparation of the financial statement.

Explanation:

All foreign asset accounts have to be translated at current rates. This means that they have to use the exchange rate that was valid during the time the financial statements were being prepared.

This same rule applies to anyone that has gone on vacations to a foreign country. When you come back you exchange whatever foreign money you have left to US dollars and this will be done using that day's valid exchange rate.

8 0

3 years ago

the average amount of time between price changes for gasoline is multiple choice two to three months. two to three weeks. two to

melamori03 [73]

In most case, the average amount of time between price changes for gasoline is <u>two to three weeks</u>.

<h3>What is a price changes?</h3>

Most time, a price changes often come about because of changes in the conditions of demand and supply. A gasoline prices tend to always increase when the available supply of gasoline decreases relative to real or expected gasoline demand or consumption.

Some factors that change the price of gasoline are:

Crude oil prices
Refining costs
Taxes
Distribution
marketing costs.