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Advocard [28]
3 years ago
11

Which one of the following statements is​ FALSE? A. In a processminuscosting ​system, each unit uses approximately the same amou

nt of resources. B. A corporation whose sole business activity is processing the customer deposits of several banks would use a processminuscosting system. C. An organization that manufactures several types of cereal would use a job order costing system. D. In a job order costing​ system, individual jobs use different quantities of production resources.Which one of the following statements is​ FALSE? A. In a processminuscosting ​system, each unit uses approximately the same amount of resources. B. A corporation whose sole business activity is processing the customer deposits of several banks would use a processminuscosting system. C. An organization that manufactures several types of cereal would use a job order costing system. D. In a job order costing​ system, individual jobs use different quantities of production resources.Which one of the following statements is​ FALSE? A. In a processminuscosting ​system, each unit uses approximately the same amount of resources. B. A corporation whose sole business activity is processing the customer deposits of several banks would use a processminuscosting system. C. An organization that manufactures several types of cereal would use a job order costing system. D. In a job order costing​ system, individual jobs use different quantities of production resources.
Business
1 answer:
Nastasia [14]3 years ago
5 0

Answer: C. An organization that manufactures several types of cereal would use a job-order costing system.

Explanation: job-order costing is used when many different jobs or products are worked on each period. ( ex: Specialized order printing, furniture manufacturing)

-Job-order costing is used when many different jobs having different production requirements are worked on each period.

-Job-order costing systems accumulated costs by individual jobs

-Job-order costing systems compute unit costs by job on the job cost sheet.

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koban [17]
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4 0
3 years ago
Read 2 more answers
Chez Fred Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. During 2
notsponge [240]

Answer:

The balance of accounts receivable on January 1, 2018 is $31,180.

Explanation:

The following are given in the question:

Percentage of allowance for uncollectible accounts = 3%

Credit sales = $125,000

Collections = $131,000

Amount written off = $180

Therefore, we have:

Account receivable on 31 December 2018 * 3% = $750

Account receivable on 31 December 2018 = $750 / 3% = $25,000

Accounts receivable on 01 January 2018 = Account receivable on 31 December 2018 - Credit sales + Collections + Amount written off = $25,000 - $125,000 + $131,000 + $180 = $31,180

Therefore, the balance of accounts receivable on January 1, 2018 is $31,180.

8 0
3 years ago
Select the things are considered psychological influences on the purchase decision process?
alukav5142 [94]

The things are considered psychological influences on the purchase decision process:

  • learning
  • value
  • beliefs
  • attitudes

<h3>What is referred to as the purchase decision?</h3>

This is the term that is used to refer to all of the ways that the person that would have to use a product would end up getting the product that they want to fulfill a particular need. It is what can be used to describe the drivers of their purchases.

In the stage of making a purchase decision. the person that is the consumer would have formed the intention that they want to buy a particular brand of product. This is the fourth stage that is is the consumer decision process.

Hence we can say that the things are considered psychological influences on the purchase decision process:

  • learning
  • value
  • beliefs
  • attitudes

Read more on purchase decision here: brainly.com/question/7029808

#SPJ1

8 0
9 months ago
In an economy, the total expenditures for a market basket of goods in year 1 (the base year) was $5,000 billion. In year 2, the
Vitek1552 [10]

Answer:

CPI = 110

Explanation:

The consumer price index(CPI) measures the general change in prices for a basket of goods and services in an economy over time. The basket of goods and services is representative of consumer spending in the economy.

The formula for calculating CPI with a base year is as below.

consumer price index = <u>cost of the market basket in a given year </u>  x100

                                       cost of a market basket at the base

In this case,

CPI  =  $ 5500    x 100

            $ 5000

CPI = 11 x 100

CPI =110

6 0
3 years ago
The flexible budget enables to highlight the differences ________. A) between actual costs and actual quantities versus budgeted
Ostrovityanka [42]

Answer:

b) between budgeted costs and budgeted quantities versus actual costs and budgeted quantities for the budgeted output level

Explanation:

A budget is a statement of forecast stating projected expenses and revenues over a period of time.

A flexible budget is prepared comprising figures that are based upon actual output.

The figures are compared with static figures which are based upon budgeted output and the difference between the two is identified as a variance. Such a comparison reveals the difference between budgeted costs and actual actual.

A flexible budget allows for changes and flexibility in forecasting i.e there is room for deviations and variances and such a budget is not rigid.

3 0
3 years ago
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