All categories

4 years ago

Match each of the definitions that follow with the term it defines.

Business

1 answer:

AleksandrR [38]4 years ago

4 0

Answer: The answers are:

1) Engieering change order is a document that initiates a product or process change.

2) Total cost concept Includes manufacturing costs plus selling and administrative expenses.

3) Variable cost concept = Variable manufacturing costs plus variable selling and administrative costs are included in cost per unit .

4) Normal selling price is Target selling price to be achieved in the long term .

5) Setup = Changing tooling when preparing for a new product.

You might be interested in

Match the items below by entering the appropriate code letter in the space provided. Plant assets Book value Salvage value Strai

disa [49]

Answer:

1. Small expenditures which primarily benefit the current period. REVENUE EXPENDITURES

2. Cost less accumulated depreciation. BOOK VALUE

3. An accelerated depreciation method used for financial statement purposes. DOUBLE DECLINING BALANCE METHOD

4. Tangible resources that are used in operations and are not intended for resale. PLANT ASSETS

5. Equal amount of depreciation each period. STRAIGHT LINE METHOD

6. Expected cash value of the asset at the end of its useful life. SALVAGE VALUE

7. Process of allocating the cost of equipment over its service life. DEPRECIATION

8. Material expenditures that increase an asset's operating efficiency, productive capacity, or useful life CAPITAL EXPENDITURES

9. An accelerated depreciation method used for tax purposes. MACRS

10. Useful life is expressed in terms of units of production or expected use. UNITS OF ACTIVITY METHOD

Explanation:

7 0

3 years ago

Charlie Plopp is selling a horse. If he does not sell the horse, then he gets no revenue. Three types of people are interested i

qaws [65]

I think it’s E if not then it’s C

8 0

3 years ago

Wen Co. purchased a building for $200,000. Wen paid $20,000 in lawyer and title fees. Wen also paid an additional $15,000 to mod

Oksi-84 [34.3K]

Answer:

Cost of the building = $235000

Explanation:

Given below are the following informations:

Purchased building = $200000

Title fees = $20000

Building modification = $15000

Cost of the building = Purchase price + title fees + modification expense

Cost of the building = 200000 + 20000 + 15000

Cost of the building = $235000

3 0

3 years ago

Carroll Corporation has two products, Q and P. During June, the company's net operating income was $28,000, and the common fixed

Kruka [31]

Answer:

$36,000

Explanation:

Calculation to determine what the segment margin for Product P was

Using this formula

Net operating profit= (Segment margin Q + Segment margin P) - Common fixed expenses

Let plug in the formula

28,000= (52,000 + segment margin P) -60,000

88,000= 52,000 + segment margin P

36,000= segment margin P

Therefore the segment margin for Product P was:$36,000

6 0

3 years ago

Since the middle of the 20th century, the international global business system has been shaped by global institutions. Countries

harina [27]

Answer:

a. True

Explanation:

This statement is correct, as global institutions were created with the objective of regulating global business from international treaties, which implemented a set of rules and regulations that must be followed by all organizations in a global market, as a form of protection to organizations, society and the environment, such as legislative and economic changes, crises and possible negative impacts inherent to organizations in a global business system.

6 0

3 years ago