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arlik [135]
3 years ago
4

The balance in the work in process inventory at any point in time is equal to

Business
1 answer:
maksim [4K]3 years ago
7 0
<span>Represents the total cost of jobs that are in process at any given point in time, but not yet completed. Any cost that is added to the work in process Inventory account must be recorded in the individual job cost sheet. Thus, the total cost of all jobs in process should equal the balance in work in process Inventory.</span>
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If total assets decreased by $49,928 during a period of time and stockholders' equity increased by $26,024 during the same perio
Gnesinka [82]

Answer:

d.$75,952 decrease

Explanation:

We simply use the Accounting Equation to determine the period's change in total liabilities.

So, the Accounting Equation states :

Assets = Equity + Liabilities

also

Assets - Equity = Liabilities

therefore,

($49,928) - $26,024 =  Liabilities

(- $75,952) = Liabilities

conclusion

The period's change in total liabilities is $75,952 decrease

5 0
3 years ago
Which of the following is considered a psychographic​ characteristic?
Lynna [10]
What are the choices... Psychographics<span> has been applied to the study of personality, values, opinions, attitudes, interests, and lifestyles. ... Because this area of research focuses on activities, interests, and opinions, </span>psychographic<span> factors are sometimes abbreviated to 'AIO variables'.</span>
3 0
3 years ago
Which of the following is a difference between customized services and standardized services?
Verizon [17]

Answer:

The correct answer is the letter a. Standardized services are more efficient and cost less than personalized services.

Explanation:

The personalized services are those provided according to the characteristics of each person, that is, we seek to individualize the service to meet customer needs. Standardized services refer to services provided equally to all customers, not seeking individualization. In this respect, standardized services are more efficient and cost less, as the individual cost of service does not change, leading to lower costs as the quantity of services sold increases.

5 0
4 years ago
Identify how planned investment will change in each scenario. Airwings, a commercial airline manufacturer, becomes optimistic ab
kari74 [83]

Answer:

See explaination for the details of the answer.

Explanation:

1) Increase

As business is optimistic about its future, such business will start capacity expansion to cater for consumer demand.

2) Decrease

Higher real interest rate simply means borrowing cost is higher for the firms and so that they will reduce the investment in respose to that.

3) Decrease

A lower tax means higher profits and firms can pass these benefits to consumers with lower prices, to employees with higher wages and to the government with tax on profit. However, if the rate of tax itself has been increased then in that case corporates will see higher tax as a dampener in sentiments and they might curtail investment plans.

4) Decrease

A recession means there will be lesser economic activity overall and demand will be lower so as the consumption. In such case, planned investment will be reduced.

7 0
3 years ago
What is a shared risk pool in an annuity?​
ycow [4]

Risk pooling allows an insurance carrier to provide an income stream via an immediate annuity, even with its costs and expenses, far more cheaply than a person could on his or her own. Risk pooling is the practice of sharing all risks among a group of insurance companies.

7 0
3 years ago
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