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3 years ago

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

Business

2 answers:

Maksim231197 [3]3 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]3 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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Excerpts from Dowling Company's December 31, 2021 and 2020, financial statements and key ratios are presented below (all numbers

yanalaym [24]

Answer:

The answer is "12.7"

Explanation:

In the question the correct choice is missing so, its correct solution can be defined as follows:

Following are the formula for calculating the "Average Inventory":

Formula:

$\therefore \text{Inventory Turnover} = \frac{ \text{Cost of Goods Sold}} { \text{Average Inventory}}\\\\\\\because \text{Average Inventory} = \frac{ \text{Cost of Goods Sold}} {\text{Inventory Turnover}}$

$=\frac{\$ \ 77}{ 6.05}\\\\=12.7\\$

7 0

3 years ago

Sun Technologies, a cell phone manufacturing company, decided to change the operating system of its phones to eliminate the prob

larisa86 [58]

Answer:

Unfreezing

Explanation:

There are three phases of organizational change. Sun Technologies can be said to be at its unfreezing stage.

The organization must properly communicate with its employees and consumers at each level of changes they are.

At the unfreezing stage, the goal is to change the mindset and belief of the consumers about a particular process being deployed.
Since the adoption of the new technology is being advertised as one that will make things better, we can see elements of unfreezing here.
Other stages are the actual change phase and freezing stage

8 0

3 years ago

If Congress and the president want to keep real GDP at its potential level in 2021, they should use an expansionary fiscal poli

Nataly_w [17]

Answer:

a) increasing government spending or cutting taxes

Explanation:

Fiscal polices are polices enacted by the government to achieve certain macroeconomic objectives. There are two types of fiscal policies:

1. Expansionary fiscal policy: These are government policies which involves increasing government spending or cutting taxes. Decreasing taxes increases disposable income and increases consumption spending.

Increasing government spending increases money supply which increases consumption spending.

2. Contractionary fiscal policy: These are government policies which involves decreasing government spending or increasing taxes.

Monetary policy are policies enacted by the Central bank to achieve certain macroeconomic objectives.

I hope my answer helps you

4 0

3 years ago

You own a portfolio that has a total value of $130,000 and a beta of 1.28. You have another $49,000 to invest and you would like

fredd [130]

Answer:βB =0.9147=beta of new investment

Explanation:

Total investment= $130,000 + $49,000= $179,000

Using

Portfolio beta(βp) = wA × βA + wB × βB

Where βp is the portfolio beta coefficient,

wA is the weight of the first investment,

βA is the beta coefficient of first investment;

wB is the weight of the second investment,

βB is the beta coefficient of second investment

but weight of investment is stock value/ total investment x 100

wA= 130,000/ 179,000X 100=72.63%

WB= 49,000/179,000 X100=27.374%

Portfolio beta(βp) = wA × βA + wB × βB

1.18=(72.63%*1.28)+(27.374% XβB )

1.18=0.9296+0.27374βB

βB i=(1.18-0.9298)/0.27374

βB =0.9147=beta of new investment

6 0

3 years ago

Which of the following items does not result in an adjustment in the merchandiseinventory account under a perpetual system?

pychu [463]

Answer:

c.Payment of freight costs for goods shipped to a customer

Explanation:

In the inventory account management using the perpetual system, whenever there is an event that may result in a change in the carrying value of inventory, the quantity of the change is immediately determined and adjusting entries are posted.

Examples of such events include purchase of merchandise inventory, return of merchandise inventory to the supplier, .Payment of freight costs for goods received from a supplier (this forms part of the cost of inventory).

From the options given, the only entry that will not result in an adjustment to inventory is c.Payment of freight costs for goods shipped to a customer. This will form part of the selling and distribution cost under operating expenses.

3 0

3 years ago