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Alexeev081 [22]
3 years ago
6

Which of the following types of inventory describes inventory that has been purchased but not​ processed?

Business
1 answer:
PtichkaEL [24]3 years ago
3 0

Answer:

A. raw material inventory

Explanation:

Inventory materials are basically of 3 types namely; Raw materials, semi-finished goods and finished goods.

Raw materials are inventory materials yet to be processed. It is usually referred to as material cost.

Inventory items that have been processed but yet to be finished are called semi finished goods. Such items are also called ​work-in-process inventory.

Finished goods are inventory items ready to be sold.

Based on the above statements, the right option is A. raw material inventory.

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Suppose workers in Freecia can produce two bushels of rice with the same amount of effort it takes them to produce one memory ch
Reika [66]

Answer:

Freecia has a comparative advantage in producing memory chips

Explanation:

Comparative advantage occurs when a company has an advantage over the other through the production of certain goods at a cheaper rate.

Looking at the given example , let us assume that the cost of producing a bushel of rice is $10 and memory chips is $10

Warmia produces two bushels of rice at $70 and a memory chip at $70(ratio 2:1) 1/3*70= 23.3

Freecia produces five bushels of rice at $70 and two memory chips at $7

(Ratio 5:2). 2/7*70=14

We can see that the cost of producing memory chips is cheaper fo Freecia

8 0
3 years ago
an employee is found to have grossly mistreated a client, which the employee has never done before. what consequence should be a
Amanda [17]

An employee is found to have grossly mistreated a client, which the employee has never done before is Termination.

A person engaged by an employer to do a certain task is known as an employee. Employers are in charge of deciding how much an employee is paid, when they work, and how they work. Employees receive advantages that contractors do not in return. A person who completes particular responsibilities for a company in exchange for regular payment is called an employee.

Employees and employers often agree on a salary and benefits packages, such as vacation time and overtime pay.

Employers assume the financial risk of the venture in exchange for greater control over the employee's work, which distinguishes them from independent contractors.

An employee may have a temporary, part-time, or full-time job assignment.

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6 0
2 years ago
Money market refers to:
Ivanshal [37]

Answer:

Dealing in debt of less than one year.

Used by governments / corporations to keep their cash flow coming in.

Explanation:

3 0
3 years ago
Administrative expenses, all fixed per unit what is the inventoriable cost per unit using variable costing?
Naya [18.7K]

Electricity consumed in the manufacturing process is inventoriable cost per unit using variable costing.

Variable costing is that concept which is  used in managerial and cost accounting. In this type of costing the fixed manufacturing overhead is excluded from the product-cost of production.

The method contrasts with absorption costing, in which the fixed manufacturing overheads are allocated to products which are  produced. In accounting frameworks such as GAAP and IFRS, variable costing cannot be used in financial reporting.

Although accounting frameworks such as GAAP and IFRS prohibits the use of variable costing in financial reporting, this costing method is commonly used by managers.

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5 0
2 years ago
Each listed stock option contract gives the holder the right to buy or sell __________ shares of stock.
TEA [102]

Every indexed stock choice agreement offers the holder the right to buy or promote a hundred shares of stock.

A share is a piece of the agency an investor can personalize. A proportion is a unit of ownership (e.g., you very own 10 shares), whereas inventory is a measurement of fairness (e.g., you personal 10% of the agency). think of stocks as a small portion of an enterprise.

Definition: 'stock' represents the holder's part-possession in a single or several groups. in the meantime, 'percentage' refers to an unmarried unit of possession in a corporation. as example, if X has invested in stocks, it is able to imply that X has a portfolio of shares across special companies.

Shares are gadgets of fair ownership in an organization. For some companies, shares exist as an economic asset providing for an identical distribution of any residual earnings, if any are declared, in the form of dividends.

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4 0
1 year ago
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