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Anuta_ua [19.1K]
3 years ago
10

The fixed portion of the cost of electricity for a manufacturing facility is classified as a: Period cost Product Cost A) Yes Ye

s B) No No C) No Yes D) Yes No
Business
1 answer:
Liono4ka [1.6K]3 years ago
7 0

Answer:

Option C (No Yes) is correct.  

Explanation:

Option C is correct because any cost associated with the production of commodity weather it is fixed or variable cost, all type of costs is considered as the cost of the product. Therefore, the cost fixed portion of the cost to manufacture the electricity is product cost because it is a fixed cost to manufacture the electricity.

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Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $3,500 of dir
Norma-Jean [14]

Answer:

18,500 WIP balance at September 30th

Explanation:

Job A3B

3,500 direct materials

5,000 direct labor

10,000 Overhead (200% of labor = 5000 x 200%)

18,500 WIP balance at September 30th

The cost added during October will be part of October calculation, on September we should work with September values.

4 0
3 years ago
Wisconsin Farm Equipment Company sold equipment for cash. The income statement shows a loss on the sale of $ 10 comma 000. The n
tester [92]

Answer:

A. positive cash flow of $ 20 comma 900 from investing activities

Explanation:

book value - sales price = loss on sale

30,900 - sales price = 10,000

30,900 - 10,000 = sales price

sales price = 20,900

Assumming the purchase was on cash, it will be disclosure as cash generated from investing activities for 20,900

The reason is that cashflow do not focus on the gain or loss from the sale. It focus on the cash movements and this sale involve a cashinflow of 20,900

3 0
3 years ago
What is marketing and it type and listen them​
tester [92]
Marketing is the study and management of exchange relationships. It is the business process of creating relationships with and satisfying customers.
8 0
3 years ago
Refer to the following selected financial information from Marston Company. Compute the company's accounts receivable turnover f
Artyom0805 [142]

Answer:

The correct option is E

Explanation:

The formula to compute the accounts receivable turnover of the company for the Year 2 is as:

Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable

where

Net Credit Sales be $723,000

And

Average Accounts Receivable is computed as:

Average Accounts Receivable = Accounts receivable Year 1 + Accounts receivable Year 2 / 2

= $86,500 + $82,750 / 2

= $169,250 / 2

= $84,625

Putting the values in the above formula:

= $723,000 / $84,625

= 8.54

5 0
2 years ago
You own a house near the beach. Your Home Owners insurance has an annual premium of $1,250. However,since you live only 112 feet
vampirchik [111]

Answer:

1,437.50

Explanation:

6 0
3 years ago
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