Answer:
The correct answer is letter "B": processing cost.
Explanation:
Processing cost is a method of costing implemented in large institutions to track the costs per unit incurred in the business. This approach is mainly used when the company produces items in mass-scale that are very similar or equal and the costs tend to be assigned in mid-term periods -typically one month.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
James Inc.'s flexible budget for June, based upon actual output, called for the use of 10,500 pounds of materials at a standard cost of $7.40 per pound. The Production Department used 10,700 pounds of materials costing $7.10 per pound during June.
To calculate the direct materials price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (7.4 - 7.10)*10,700= $3,210 favorable
An employer can offer a partial match on a Roth 401<span>(k), however the employer contribution must be placed into a regular 401(k). The employee contribution limit is the same as it is for a 401(k) plan — which is much more generous than for a </span>Roth IRA<span>.</span>
Answer:
Marketing is essentially developing the right product and convincing potential customers that they "need" it, not just "want" it is the correct answer.
Explanation:
