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
kap26 [50]
3 years ago
8

The cost object in a job order system is the ______ and the cost object in a process costing system is the ______.

Business
1 answer:
nordsb [41]3 years ago
6 0

Answer:

The correct word for the blank space is: specific job; process.

Explanation:

The cost object represents the cost of an object or department for which that cost is assigned. For instance, the repairs department of a dealership is a cost object of the repairs employees and the repair supplies. Cost objects are usually traceable thus are treated as direct costs for accounting purposes.

Then, <em>the cost object of a job order is the specific job assigned</em>; <em>while the cost object of a process costing system is the process </em>itself.

You might be interested in
Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in rea
Oxana [17]

Answer:

The correct answer is:

True

Explanation:

The business cycle is a model that let see how the GDP of a country changes through time. Business cycle is classified in four different stages peak, trough, contraction, and expansion. These kind of fluctuations normally occur in the trade, production and all the economic activity of a country. The business cycle refers to the changes or fluctuations that can be experienced in the economic model measured by the GDP (Gross Domestic Product) and it is reflected in the increases or decreases in economy.

7 0
3 years ago
Value-added" describes the economic enhancement a company gives its products or services and helps explain why companies are abl
Eduardwww [97]

Answer:

What Is Value-Added?

The term "value-added" describes the economic enhancement a company gives its products or services before offering them to customers. Value-added helps explain why companies are able to sell their goods or services for more than they cost to produce. Adding value to products and services is very important as it provides consumers with an incentive to make purchases, thus increasing a company's revenue and bottom line.

Explanation:

3 0
2 years ago
In which condition is it an advantage when group incentives encourage competition between groups of employees?
padilas [110]

It is an advantage when group incentives encourage competition between groups of employees when groups try to outdo one another in satisfying customers.

Competition is uncertainty about how to ensure survival. Competition can occur between entities such as organisms, individuals, and economic and social groups. Rivalry is about achieving unique goals such as visibility, leadership, market share, niche, scarce resources, or territory.

Competition, most commonly viewed as the interaction of individuals competing for a finite common resource, is the direct or indirect interaction of organisms that results in changes in fitness when they share the same resource. can be defined more broadly as a dynamic interaction.

There are four kinds of competition in a loose marketplace machine: perfect opposition, monopolistic competition, oligopoly, and monopoly.

The four key characteristics of perfect competition are: (1) a huge wide variety of small companies, (2) equal merchandise offered by all firms, (three) perfect resource mobility or the liberty of entry into and go out out of the enterprise, and (4) perfect information of costs and generation.

Learn more about competition here :- brainly.com/question/25717627

#SPJ4

5 0
1 year ago
Read 2 more answers
2. What are the ways of forecasting cost of sales?
solmaris [256]

Answer:

d. all of the choices​

Explanation:

Cost of Goods sold = Cost of material purchased + Conversion cost

And

Conversion cost hereby includes Direct labor cost and other production overheads directly attributable to the Goods sold.

So, The correct option is - d. all of the choices​

5 0
3 years ago
Pricing objectives should be stated explicitly, stated in measurable terms, and specify a?
Delvig [45]

Pricing objectives should be stated explicitly, stated in measurable terms, and specify they have a direct effect on pricing policies as well as price setting methods.

The pricing techniques are developing, skimming, and following. develop: putting a low price, leaving a maximum of the fee in the palms of your clients, shutting off margin out of your competition.

A pricing policy is an organization's method of determining the fee at which it offers a good or provider to the market. Pricing guidelines assist organizations to ensure they continue to be profitable and supply them with the ability to price separate products otherwise. A business enterprise gives up instantaneous earnings in trade for accomplishing a higher market proportion. merchandise is priced low. Pricing objective: Maximising current profit. objectives may be set and overall performance measured speedy.

Disclaimer: your question is incomplete, please see below for complete question

A. they have a direct effect on pricing policies as well as price setting methods.

B. they are signals given to competing firms.

C. they form the basis of shareholder expectations about a firm's prospects.

D. it is required by law.

E. they are signals given to consumers.

Hence, the answer is option A.

Learn more about Pricing objectives here:-brainly.com/question/20927491

#SPJ4

8 0
1 year ago
Other questions:
  • Define the 8 steps in the engineering design process
    11·2 answers
  • Michael has been saving his money and wants to invest it. after doing some research, he has decided to invest $20,000 into a cer
    15·2 answers
  • After a suspected identity fraud case has been resolved, you should:
    12·2 answers
  • *20 points and Brainliest for right answer ASAP**<br> In a SWOT analysis, what are strengths?
    6·2 answers
  • A Georgia state law requires the use of contoured rear-fender mudguards on trucks and trailers operating within Georgia state li
    13·1 answer
  • Home Day is a large supermarket. It recently launched its own brand of cereals called Fast Bites, equivalent to most national br
    11·1 answer
  • Suppose there is a market with two competing firms,to inverse market demand is p(y)=160-2y
    10·1 answer
  • Describe two rights and two reposibilities as an employer
    11·1 answer
  • Because it is needed for the schedule of expected cash collections, the annual master budget file includes the.
    9·1 answer
  • two years ago, you purchased 220 shares of ibm stock for $124 a share. today, you sold your ibm stock for $142 a share. for this
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!