1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lidiya [134]
3 years ago
8

Process cost accounting is most appropriate when there is continuous production on a single product. when a company produces mor

e than one product in batches rather than on a continuous basis. for companies with either continuous or batch processing of different products. for all manufacturing companies.
Business
1 answer:
4vir4ik [10]3 years ago
8 0

Answer:

When there is continuous production on a single product

Explanation:

Process costing is better suit when a single product us mass produced. Or when the products have so similar production process, it cannot be differentiated from each other.

The cost of each product produced is the same for all.

You might be interested in
Select the correct answer from the drop-down menu.
pashok25 [27]

When you earn college credit from courses you take in high school, you don't have to retake that course in college. Therefore, you might be able to graduate early and pay less tuition.


A. don't have to pay as much for tuition


4 0
3 years ago
Read 2 more answers
Cane Company manufactures two products called Alpha and Beta that sell for $195 and $150, respectively. Each product uses only o
Savatey [412]

Answer and explanation:

a.

the table below shows the impact of dropping beta product

Loss of Contribution Margin if Beta is Dropped (75,000*64) -$4,800,000

Traceable Fixed Manufacturing Overhead (123,000*33)          $4,059,000

Incremental Contribution Margin from Additional Alpha Sales (15,000*72)

                                                                                                        $1,080,000

Increase in Net Operating Income if Beta is Dropped          $339,000

Notes:

Contribution Margin Per Unit (Beta) = 150 (Selling Price) - 15 (Direct Material) - 28 (Direct Labor) - 20 (Variable Manufacturing Overhead) - 23 (Variable Selling Expenses) = $64 per unit

Contribution Margin Per Unit (Alpha) = 195 (Selling Price) - 40 (Direct Material) - 34 (Direct Labor) - 22 (Variable Manufacturing Overhead) - 27 (Variable Selling Expenses) = $72 per unit

check the attached files for additional details

where 9=b, 10=c, etc

6 0
3 years ago
Dora earns 50,000 a year at her johs. when she was given a raise of 5,000 her spending increased from 50,000 to 54,000 calvulate
weqwewe [10]
Given:
ΔY = $5,000, the change in income
ΔS = 50,000 - 54,000 = - 4,000, the change in savings.

By definition,
MPS (Marginal Propensity to Spend) is
MPS = ΔS/ΔY = -4000/5000 = -0.8

The relation between MPS and MPC (Marginal Propensity to Consume) is
MPS + MPC = 1.
Therefore
MPC - 0.8 = 1
MPC = 1.8

Answer:
MPS = 0.8
MPC = 1.8


5 0
2 years ago
Read 2 more answers
2. Which of the following is most likely to raise a significant ethical issue? (select one).
zhannawk [14.2K]

Answer:

A Business School student looking at changes in structures of Small and Medium Sized Enterprises (SMEs) using publicly available information

Explanation:

5 0
2 years ago
Dan owns an autographed copy of a brittany spears cd that he values at $100. if he sells the cd at the garage sale he's planning
Delvig [45]

The complete question is as follows:

Dan owns an autographed copy of a Brittany Spears CD that he values at $100. If he sells the CD at the garage sale he’s planning to hold in a few weeks, it will be sold to a buyer with a reservation price of $175. If he sells it on eBay, it will be sold to a buyer with a reservation price of $500. eBay will charge Dan $50 to auction the CD, which just covers eBay’s opportunity cost of running the auction. Relative to selling the CD at his garage sale, auctioning the CD on eBay will lead:

A. to no change in total economic surplus.

B. total economic surplus to increase by $500.

C. total economic surplus to increase by $275.

D. total economic surplus to increase by $100.

Answer: C - Total economic surplus to increase by $275.

In this question, we only need to consider producers' surplus since we're considering the various options for Dan to sell his CD.

We calculate Producer's Surplus as follows:

Producer's surplus = Market Selling Price - Economic Cost.

Economic costs not only refers to explicit costs like cost of the CD, but also includes opportunity costs. Since we need to calculate producer's surplus when Dan sells on Ebay, we need to consider the following costs:

Value of the CD = $100

Ebay's opportunity cost that Dan will have to bear = $50

Profit Dan would've received in garage sale = $75 ($175 - $100)

Among the three expenses listed above, the profit Dan would've got in the garage sale is considered the <u>implicit cost or opportunity cost.</u>

Substituting the values we have in the equation above, we get,

Producer's Surplus = 500 - (100+50+75)

Producer's Surplus = 275

8 0
3 years ago
Other questions:
  • In 2016, Southwest Airlines had negative net working capital of $(2,346) million and current assets of $4,498 million. The firm’
    9·1 answer
  • Radicals use the term political economy instead of _____ to describe their critique of capitalism and the inequitable distributi
    10·1 answer
  • Emily purchased a building to store inventory for her business. The purchase price was $760,000. Emily also paid legal fees of $
    11·2 answers
  • Which feature of a customs union differentiates it from a free trade area?
    5·1 answer
  • The distribution of the amount of a customer’s purchase at a convenience store is approximately normal, with mean $15.50 and sta
    9·1 answer
  • Match the following intangible assets to their definitions by writing the respective alphabet (A-E) on the line.
    12·1 answer
  • Morris is a software engineer for a manufacturer. He wrote a program for the accounting department. During the testing phase, he
    11·1 answer
  • A moment of truth occurs when employees and ________ have contact. Group of answer choices Skill Customer Product Place
    7·1 answer
  • Which individual spurred freud’s interest in the unconscious mind?.
    14·1 answer
  • Your company has developed and implemented countermeasures for the greatest risks to their assets. However, there is still some
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!