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
miv72 [106K]
2 years ago
5

When determining the cost of a manufactured good under an operation-costing system, a company would: often switch to a job-costi

ng system to simplify recordkeeping procedures. trace direct-material cost and actual conversion cost to each product produced. use a predetermined application rate for both direct-material cost and conversion cost. trace direct-material cost to each product produced and use a predetermined application rate for conversion cost. trace actual conversion cost to each product produced and use a predetermined application rate for direct material.
Business
1 answer:
Mama L [17]2 years ago
3 0

Answer:

The correct answer is letter "D": trace direct-material cost to each product produced and use a predetermined application rate for conversion cost.

Explanation:

The Operation-costing system combines <em>Process Costing </em>with <em>Job costing</em>. Process costing is mostly used for mass-production undifferentiated goods so each product will be given the same cost. Job Costing, instead, is typically used for manufacturers of tailored products, thus, each product has different <em>material, direct labor, </em>and <em>overhead costs</em>.

So, <em>to determine the costs of manufactured goods under the operation-costing system, direct material should be allocated separately and the use of an application will be necessary to determine the conversion cost -the combination of direct labor and overhead.</em>

You might be interested in
Which is the BEST definition of marginal benefit?
Liono4ka [1.6K]

Answer:

the possible income from producing an additional item.

Explanation:

hope this helps if not let me know

6 0
1 year ago
A leading beverage company sells its signature soft drink brand in vending machines for $0.87 per 12 oz. can. A vending machine
ycow [4]

Answer:

655

Explanation:

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

$190  / ( 0.87 - 0.58) = 655.2 = 655 to the nearest whole number

8 0
3 years ago
The scientific method begins with
Zina [86]

C, The identification of a problem for investigation

7 0
3 years ago
Ashley, Nikki and Jared all selected identical new cars at the same price. Ashley, bought the car with some of his own money and
Romashka [77]
Nikki as the option to choose the less expensive liability-only insurance coverage.<span>
</span>
6 0
3 years ago
Read 2 more answers
Lego is considering an investment in Disney corporation. The risk free rate is 5% and the Beta for Disney is 1.2. Lego requires
disa [49]

Answer:

17%

Explanation:

This can be calculated using the Capital Asset Pricing Model which is given as under:

Required Return = Rf + Beta factor * (Market Risk Premium)

By putting the values, we have:

Required Return = 5% + 1.2 * 10% = 17%

Disney need to earn 17% return on investment to trigger a Lego investment.

5 0
2 years ago
Read 2 more answers
Other questions:
  • The myplate food guidance system recommends eating __ of the needed grain ounce equivalents, as whole grains.
    7·1 answer
  • Money must be very difficult to counterfeit, that is, to: Group of answer choices: A. convert into another form of currency. B.
    11·1 answer
  • I have been working on a Elementary Spanish 1 assignment for about 30 minutes, and I am now stuck. Can you please help me with t
    7·1 answer
  • Multiple Choice Question 64 Concord Company had the following department information about physical units and percentage of comp
    11·1 answer
  • Exercise of a currency futures option results in Multiple Choice 1) a long futures position for the call buyer or put writer. 2)
    13·1 answer
  • Use the production function: Q = 4L1/2K1/2.Suppose that the price of labor is $5 and the price of capital is $20. Your firm desi
    5·1 answer
  • A manufacturer has modeled its yearly production function P (the monetary value of its entire production in millions of dollars)
    11·1 answer
  • The typical goal used when developing a process-oriented layout strategy is to: minimize the distance between adjacent departmen
    10·1 answer
  • If the Market Equilibrium Wage Rate is $105.00 and FC = $1500.00: A. The firm Shuts Down and hires no workers and loses $1500.00
    14·1 answer
  • Latiker, Inc., manufactures and sells two products: Product Y9 and Product W0. Data concerning the expected production of each p
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!