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Mama L [17]
2 years ago
6

In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $26,000 and ending

work in process inventory of $31,000. During the month, the cost of units transferred out from the department was $161,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be:
Business
1 answer:
MaRussiya [10]2 years ago
3 0

Answer:

$192,000

Explanation:

Using the weighted-average method the Costs to be accounted for will be:

Cost of ending work in process inventory$31,000

Add Cost of units transferred out $161,000

Total cost accounted for$192,000

Therefore using the Weighted average method the cost to be accounted for will be $192,000

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Just in time inventory involves the following main component:
matrenka [14]

Answer:

"E "

Explanation:

Just in time inventory is an inventory management system where inventory required for production are ordered at the point of production.

This practice helps to maximize profit as investment on inventory carriage and storage are minimized , aiding an improved working capital management.

It is of importance that machine break down is avoided and there is a reliability of man power in order to avoid operation down time when there is a demand.

Also , there must be a solid arrangement with supplier for it to be effective.

6 0
3 years ago
Which of these conditions signals that it is likely time to update or eliminate a
Nadya [2.5K]

Answer:

D

Explanation:

when the record is updated,

5 0
3 years ago
"Dubas Co. is a U.S.-based MNC that has a subsidiary in Germany and another subsidiary in Austria. Both subsidiaries frequently
OverLord2011 [107]

Answer:

$525,000

Explanation:

The computation of the net inflow or outflow is shown below:

= Total outflow - total inflow

where,

Total outflow = ∈2,000,000 × $1.05 = $2,100,000

Total inflow =  ∈1,500,000 × $1.05 = $1,575,000

Now put these values to the above formula  

So, the value would equal to

= $2,100,000 - $1,575,000

= $525,000

This amount shows a net outflow as total outflow is greater than the total inflow.

3 0
3 years ago
Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. Pound Co. paid the invoice within the discount
aniked [119]

Answer:

$24,990

Explanation:

2/15 net 45 means that if the customer pays within the period of 15 days, he will get the discount of 2% of invoice amount, otherwise he has to pay the whole amount of invoice within the period of 45 days.

In the given scenario, since the Pound Co. has paid the invoice within the discount period, so therefore, the Pound Co. has availed the discount of 2% and accordingly the sales amount shall be recorded as follows:

Sales amount=Invoice amount*98%

                       =$25,500*98%

                       =$24,990

8 0
2 years ago
______ ratios measure how much operating income an organization is able to generate relative to assets, owners' equity, and sale
tankabanditka [31]

According to business strategy, the <u>Profitability</u> ratios measure how much-operating income an organization can generate relative to assets, owners' equity, and sales.

<h3>What are Profitability ratios?</h3>

Profitability ratios s a form of financial method or procedure in which firms assess or evaluate the ability to generate income or revenue based on the capacity and resources.

<h3>Different types or methods of Profitability ratios:</h3>

  • Gross Profit Ratio
  • Operating Ratio
  • Operating Profit Ratio
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Hence, in this case, it is concluded that the correct answer is "<u>Profitability ratio."</u>

Learn more about the Profitability ratio here: brainly.com/question/25253887

4 0
2 years ago
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