1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Citrus2011 [14]
3 years ago
13

Job-order costing would be more likely to be used than process costing in situations where many different products or services a

re produced each period to customer specifications.
A. True
B. False
Business
1 answer:
Elina [12.6K]3 years ago
3 0

Answer:

A. True

Explanation:

It is an accounting that tracks business expenses, expenses and income with "business" and provides standardization of profit. In order to support the accounting system's business value, it must allow the allocation of cost numbers and revenue items separately. A business can be designated as a project for a customer or a single product unit or a group of units of the same type. In the production environment, the application of the cost of labor involves tracking what different types of “direct” labor costs are used, such as direct labor and direct materials, and then allocating jobs (indirect labor, warranty costs, quality control, and other additional costs). . An enterprise profit report is similar to a statement of profit or loss for the firm, but is specific to each business number. Business costs can estimate all the costs associated with the production of "work" or the production of goods produced in separate groups. These costs are recorded in the accounting records reflecting the life or work of the lot and are deducted from the final trial balance until the cost of the work or bulk production report is prepared.

Business costs VS process costs

Business value (also known by some as the cost of a job order) is important for management accounting. This process differs from the cost because more process or job cost tracking depends on the nature of the product and consequently the type of production process:

- The process cost is used when products are more homogenous. Also, costing systems assign different costs to production processes that are significantly different. The average cost of a single product is then calculated for each business.

- Process costing systems assign costs for one or more manufacturing processes. Because all units are the same or very similar, average costs per unit are calculated by dividing operating costs by the number of units produced.

- Many businesses produce products with some unique features and some common processes. These businesses use valuation systems with both business and operating cost values.

You might be interested in
Westwick Inc. is an advertising agency. Its employees are allowed to take decisions and work in ways that will help maximize the
Anna35 [415]

Answer:

<em>C) Organizational plurality </em>

Explanation:

Organizational plurality is a working environment in which all representatives are encouraged to collaborate in a way that promotes the gains for the company, clients and themselves.

As with the advertising agency, the employees are given chances to follow their decisions and maximize their experience.

5 0
3 years ago
A government entered into a general government capital lease in the prior year. During the current year, a lease payment of $50,
m_a_m_a [10]

Answer:

Net increase in Capital Assets with amount of USD 38,000/-

5 0
3 years ago
What are some of the things you might find on an SDS?
ollegr [7]

If materials listed, perhaps the chemicals in them, safety precautions, etc.

8 0
3 years ago
Most before and after ads will__the difference in the two photos
diamong [38]

Answer:

c. exaggerate

Explanation:

Typically, before and after photos is used by company to convince the customers that their product has a desired effect. You can see this in advertisement for almost every products for weight loss (such as appetite suppressant or workout equipment.)

The before after photos that showed in the advertisement often exaggerated in order to give positive impression toward their product. For example, the companies often took the before and after photo from different angle in order to make the people seems slimmer.

8 0
3 years ago
Mattel Inc.'s2016 financial statements show operating profit before interest and tax of $519,233 thousand, net income of $318,02
Sophie [7]

Answer:

A. 22.4%

Explanation:

Income TAXES

Operating profit before interest and tax  $ 519.233  

Net nonoperating expense before tax -$ 109.491  

Subtotal $ 409.742  

Provision for income taxes -$ 91.720 -22,4%

Net Income $ 318.022  

3 0
3 years ago
Other questions:
  • Which of the following would make the best thesis statement for a debate? a. Art and music classes are great. b. Schools should
    5·2 answers
  • Dr. judd is convinced that psychological disorders result largely from stressful social situations rather than from disturbances
    14·1 answer
  • Peggy-Sue's cookies are the best in the world, or so I hear. She has been offered a job by Cookie Monster, Inc., to come to work
    11·2 answers
  • Zanda Corp. and Jones Corp. are identical in every way (products produced, costs, demand, etc.) except for one. Zanda uses a lev
    13·1 answer
  • Copy equipment was acquired at the beginning of the year at a cost of $25,500 that has an estimated residual value of $2,300 and
    14·1 answer
  • Donald’s debt to Everett is past due. Everett brings a legal action against Donald to collect the debt. To ensure that a judgmen
    10·1 answer
  • Uncollectible accounts are determined by the​ percent-of-sales method to be ​% of credit sales. How much is​ uncollectible-accou
    8·1 answer
  • Mario is a skilled jet flyer that was recently hired by Meagan who is starting an airline business that allows travelers to trav
    9·1 answer
  • Describe why cash flow management is important to a business and its financial health. Use a recent financial news story as an e
    15·1 answer
  • even though the taxpayer is claimed as a dependent on another tax return, he or she can still file an income tax return to repor
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!