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4 years ago

A normal job-order costing system is a system that uses:____

Business

2 answers:

Maksim231197 [3]4 years ago

8 0

Answer: 2. The actually cost for direct materials and direct labor and estimate cost of overhead.

Explanation: JOB ORDER COSTING or job costing is a system for assigning and accumulating manufacturing costs of individuals unit of output. This system is used when the various items produced are sufficiently different from each other and each having a significant cost. (Like when a company's output consists of continuous flows of identical, low-cost units, the process costing system is more appropriate.)

katen-ka-za [31]4 years ago

7 0

Answer: 2. Actual cost for direct materials and direct labor and estimated cost for overhead.

Explanation: The actual cost simply means the actual expenditure made to manufacture or acquire an asset.

Direct materials are the range materials which are actual component of a manufactured product. Direct materials for a bakery includes flour and sugar.

Direct labor are workers directly involved in the production of a product such as machine operator, bakers and so on excluding administrative workers and so on.

Overhead are materials not directly traceable to production of a certain product.

Estimated cost is an approximation of the cost required in manufacturing a good.

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7 0

2 years ago

How much would Keith have in his account after three years if he started with $200 and earns 2 percent interest, compounding ann

padilas [110]

212.24 would be your answer. 12.24 is just how much he makes off interest, not the total amount. 200 is what he started with. And 400 is just way to high of a number.

3 0

3 years ago

Read 2 more answers

ASSETS RETURN MILLION$ LIABILITIES AND EQUITY COST MILLION$

dmitriy555 [2]

Answer:

Following are the responses to the given choices:

Explanation:

Please find the complete question:

1-year distance recovery = sensitive resources rate - liabilities sensitive rate

Rate sensitive assets = investments(<1 year) + short-term loans(<1 year) $=\$(200+225)\ mn \\\\= \$425\ mn$

Dependent Rate=sensitive rate of deposits+ fed fund borrowing

$=\$(260+25) \ million\\\\ = \$285 \ million.$

The difference in replicating gaps:

$= \$(425-285)\ million\\\\=\$140 \ million$

If interest rates decline by 1%, net income becomes down $\$140\ million \times 1\% = \$14 \ million$

4 0

3 years ago

A machine cell uses 192 pounds of a certain material each day. Material is transported in vats that hold 22 pounds each. Cycle t

kari74 [83]

Answer:

Number of vats is 1.75 or 2

Explanation:

given data

Cycle time for the vats T = 1.50 hours

Material is transported C = 22 pounds

inefficiency factor X = 0.07

to find out

How many vats will be used

solution

we get here planned used rate that is

planned used rate = $\frac{192}{8}$

planned used rate = 24 pieces per hour

so here total no of container will be

N = $\frac{DT(1+X)}{C}$ ..............1

here N is total no of container

put here value and we get

N = $\frac{24*1.50*(1+0.07)}{22}$

N = 1.75

so Number of vats is 1.75 or 2

8 0

3 years ago

Baby boomers are less likely to associate retirement with "the beginning of the end" and see it instead as a new chapter in thei

irga5000 [103]

Answer: <em>True</em>

Explanation:

Baby boomers are known as demographic companion of the Silent Generation and also preceding the Generation X. This generation is mostly described as the individuals that are born in between the years 1946 and 1964. These individuals are known to be least likely to be associated with the inclination of term retirement with phrases such as "beginning of an end".

4 0

3 years ago