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krek1111 [17]
3 years ago
7

Match the following statements to the appropriate terms.

Business
1 answer:
steposvetlana [31]3 years ago
7 0

Answer:

Production Cost Report;Cost Reconciliation schedule,Equivalent units of Production;Unit Production Costs;Physical Units

Explanation:

Production Cost Report:A summary of both production quantity and cost data for a production department.

Cost Reconciliation schedule:Shows that the total costs accounted for equal the total costs to be accounted for.

Equivalent units of Production:Work done during a period expressed in fully completed units.

Unit Production Costs: Costs expressed in terms of equivalent units of production.

Physical Units:Actual units to be accounted for during a period, irrespective of any work performed.

Total Units Accounted for:Units transferred out during the period plus units in ending work in process.

Total manufacturing cost per unit:Unit materials costs plus unit conversion costs.

Units Transferred out:Total units accounted for minus units in ending work in process.

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Explain your return on educational investment?
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Nyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
6 0
3 years ago
Of the automobiles produced at a particular plant, 40% had a certain defect. suppose a company purchases five of these cars. wha
Stells [14]

The expected value for the number of cars with defects can be obtained by multiplying the probability of success (i.e. the percentage of products with defects - 40%) by the number of cases (i.e. the number of cars purchased – 5).

 

40 / 100 X 5 = 2

 

Therefore, the expected value for the number of cars with defects will be the percentage of products with defects is 2

6 0
3 years ago
At October 1, Arcade Fire Enterprises reported stockholders' equity of $70,000. During October, no stock was issued and the comp
viva [34]

Answer:

$10,000

Explanation:

As provided no equity is issued, therefore,

Common stock + Net income = Stockholder's equity

We know common stock = $70,000

Further there might be some dividend paid, which shall be deducted from net income to compute total value of Stockholder's equity.

Therefore,

$70,000 + $18,000 - Dividend = $78,000

$88,000 - $78,000 = Dividend = $10,000

Therefore, dividends paid during the month = $10,000

5 0
3 years ago
On December 1, Milka Inc. borrows $500,000 from the bank. Interest of 6% is due in six months. On December 31, Milka recognizes
Leokris [45]

Milka's balance sheet reports: Interest payable for one month.

<h3>What is interest?</h3>

The fee you pay to borrow money or the fee you charge to lend money is called interest.

Some features of interest are-

  • The fee paid for the privilege of borrowing money is called interest, and it is often stated as an annual percentage rate (APR).
  • The compensation a lender or financial organization receives for giving out money is called interest.
  • The most common way to represent interest is as a yearly percentage of the loan amount.
  • The interest rate on the loan is known as this percentage.
  • For instance, if you put money in a savings account, a bank will provide you interest.

The three types of interest include -

  1. simple (regular) interest: The daily interest rate, the principle, and the number of days between payments are multiplied to determine simple interest.
  2. accrued interest: The amount of interest accrued on a loan or other financial obligation as of a certain date that has not yet been paid back.
  3. compounding interest: The interest you earn on interest is known as compound interest. Simple math may be used to demonstrate this: If you have $100 and it generates 5% interest annually, you will have $105 at the end of the first year. You'll have $110.25 after the second year is over.

To know more about the estimation of simple interest, here

brainly.com/question/2294792

#SPJ4

5 0
2 years ago
The CPI is a measure of the overall cost of goods and services produced in the economy the overall cost of inputs purchased by a
lakkis [162]

Answer:

The overall cost of buying a market basket of goods and services by a typical customer.

Explanation:

The question is incomplete, but I figured that the question is trying to find out the correct meaning of CPI with different options provided. The correct question should be:

<em>The CPI is a measure of </em>

  1. <em>the overall cost of goods and services produced in the economy </em>
  2. <em>the overall cost of inputs purchased by a typical producer </em>
  3. <em>the overall cost of buying a market basket of goods and services by a typical consumer </em>
  4. <em>the overall cost of stocks on the New York Stock Exchange</em>

<em>Which option is correct?</em>

<em />

CPI or Consumer Price Index evaluates the average prices of a basket of consumer goods and services, for instance, medical care, food, and transportation. It is evaluated by analyzing the changes in and averaging the price of each item in the basket of consumer goods and services.

The CPI is usually used especially to discover situations of inflation of deflation.

5 0
2 years ago
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