________ is the process of distributing indirect costs to products. cost allocation job cost recording cost pooling cost tracing

Suppose a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value. The Lexus sells for 6,000,000 Japanese yen i

yarga [219]

Answer:

1 EUR = 120 JPY

Explanation:

As the purchasing power parity theory, the exchange rate of currency 1 to currency 2 = Cost of good in currency 1 / cost of same valued item in currency 2

In this case, a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value, then the exchange rate between the yen and the euro

= price of Lexus in Tokyo/ price of Mercedes in Stuttgart

= 6,000,000 JPY/ 50,000 EUR

= 120 JPY/EUR

3 0

3 years ago

In its Department R, Recyclers, Inc., processes donated scrap cloth into towels for sale in local thrift shops. It sells the pro

HACTEHA [7]

Answer:

Units to be accounted for:

Beg WIP 300 units

started 2700 units

Total 3,000 units

Equivalent units

physical materials conversion

tranferred 2,850 2,850 2,850

ending 150 150 (20%) 30

total 3,000 2,700 2,880

Cost to be accounted for:

materials conversion

beg WIP 0 576

incurred 0 10,800

Total 0 11,376

Equivalent unis cost

materials zero

conversion: $11,376 / 2,880 = $3.95

Cost assigned for:

Transferred units

2,850 units x 3.95 = 11,257.5

ending work in process units

30 units x 3.95 = 118.5

Total cost to be assigned for 11,376

Notice: Total cost to be asisgned for and assigned cost are the same.

Explanation:

1) We count the physical units

2) Then, we solve for the equivalent units which, under weighted average are:

transferred units + completion on ending work in process.

3) Now, we solve for equivalent unit cost:

for materials, this is zero are there is no cost associaed with.

4) Finally, we made the cost assignment which, should match the beginning WP cost and the incurred cost during the period.

8 0

3 years ago

Crane Company's accounting records reflect the following inventories: Dec. 31, 2017 Dec. 31, 2016 Raw materials inventory $21000

TiliK225 [7]

Answer:

$910,000

Explanation:

Given the above information, total raw materials available for use during 2017 is calculated below;

= Beginning raw materials + Purchases

Beginning raw materials = $210,000

Purchases = $700,000

Then,

Total raw materials available for use during 2017 for Crane company

= $210,000 + $700,000

= $910,000

5 0

3 years ago

when Jorge became one of three final candidates for managerial position with a large pharmaceutical company

aleksklad [387]

Jason appreciated that the director took time to conduct a realistic job preview.

<h3>What is Realistic job preview?</h3>

Realistic job preview (RJP) is a technique that businesses and organizations use to explain the positive and negative aspects of a work to potential new hires or to remind current employees of the responsibilities of their positions.
Realistic job previews should give applicants a comprehensive overview of the duties they can anticipate carrying out when working for that particular business. Descriptions may cover the work atmosphere, goals, and company policies, among other things (rules, restrictions).
The psychological contract between employer and employee, often known as the employee exchange, is at the core of realistic job previews.

To learn more about realistic job preview with the given link

brainly.com/question/14839721

#SPJ4

Question:

When Jason became one of three final candidates for a managerial position with a large pharmaceutical company, the director of the department scheduled a special meeting with him. There, the two talked about the stressful deadlines and heavy travel required of the position, as well as the compensation and benefits. Jason appreciated that the director took time to conduct a(n) __

6 0

1 year ago

"One of the key factors a plaintiff (employee) must prove in a wrongful discharge lawsuit based on the public policy tort except

Cerrena [4.2K]

Answer:

Clarity

Explanation:

Employment-at-will is the situation whereby an organization enters into a contractual relationship with an employee stating that they can be dismissed by the organization for any reason even without warning on the condition that the dismissal is not Illegal. Thus, to prove a wrongful dismissal based on public tort exception to employment at will is clarity.

7 0

3 years ago