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galina1969 [7]
3 years ago
13

Which one of the following statements is true? a. A manufacturing company will normally have raw materials, work in process, and

finished goods as inventory account classifications. b. A merchandising company will normally have raw materials, work in process, and finished goods as inventory account classifications. c. A merchandising company will normally have raw materials and merchandise inventory as inventory account classifications. d. A manufacturing company will normally have raw materials, work in process, and merchandise inventory as inventory account classifications.
Business
1 answer:
soldier1979 [14.2K]3 years ago
7 0

Answer:

d. A manufacturing company will normally have raw materials, work in process, and merchandise inventory as inventory account classifications.

Explanation:

  • Normally a manufacturing company has various inventors such as raw material, work in progress and finished goods and the inventories are goods that held up in stocks for the ultimate goal of resale, another type of inventories include transit inventory, buffer inventory and cyclic inventory.
  • Merchandise inventory is a finished good that is taken for sale by retail or wholesale. The finished goods for the sale by manufactures are generally called as finished goods inventory.
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aksik [14]

Answer:

C.

Explanation:

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Frannie Fans currently manufactures ceiling fans that include remotes to operate them. The current cost to manufacture 10,300 re
DerKrebs [107]

Answer:

Explanation:

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lets solve the problem as follows

Total Variable Cost :

Material                                66950

Labor                                    56650

Variable O.H                        30900

Total                                     154500

Remotes =  10300

Cost per unit Excluding fix cost=  154500/10300 = 15

Cost per unit Including fix cost=  206000/10300 = 20

1.cost between making and buying the remotes if none of the fixed costs can be avoided

Making Cost =                20

Buying Cost  =                18  

Differrence   =                 2

Net income If purchase from outside = 2*10300 = 20600

2. if $20,600 of the fixed costs can be avoided.

Total Cost       =  206000    

Cost avoided   =  -20600

Net Cost          =   185400

Cost per units = 185400/10300 = 18

the cost of making and buying is equal due to decrease fix cost by 20600.

Change in net income = 20600

3.

Rental Income = 20600

Fix Cost save  =20600

                           41200

5 0
4 years ago
a tractor at a cost of "$540,000". The tractor has an estimated salvage value of $60,000 and an estimated life of 8 years, or 12
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Answer:

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Explanation:

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Question 13 of 20
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Answer:

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