All categories

3 years ago

Which of the following is not part of the materials activity in the flow of manufacturing activities?

Business

2 answers:

Kazeer [188]3 years ago

8 0

Answer:

Beginning work-in-progress is not part of material activity in the flow of manufacturing activities.

The correct answer is B

Explanation:

Beginning work-in-progress is a component of production activities, which does not form an integral part of raw material activity in the flow of manufacturing activities.

777dan777 [17]3 years ago

6 0

Answer:

b. Beginning work in process

Explanation:

Work in process (WIP) doesn't form part of the flow of manufacturing activities.

The flow of manufacturing activities include the following format:

Opening raw materials

+ Raw materials Purchases

Raw materials available for use in production

- Ending Raw Materials Inventory

Raw Materials Used in Production

<em>For manufacturing activities an entity will have the opening raw material to be used in production and will include more raw material purchased during the period which will total as the raw materials available for use in production. Through out the manufacturing activities the raw material available for use is utilized and any quantity that remains (i.e closing inventory) is subtracted to get raw material used in production, which also represents the cost of material used in the calculation of cost of goods sold (COGS). </em>

You might be interested in

What is the range for the relative price of cloth such that the economy produces both cloth and food? From _______ to _______ .

dezoksy [38]

The answer is explained in detail below

Explanation:

$a_{KC} = 2$

$a_{LC} = 2$

$a_{KF} = 3$

$a_{LF} = 1$

Labor, L = 2000; Capital, K = 3000

Labour constraint,

$2Q_{c} + Q_{F} \leq 2000$

Capital constraint ,

$2Q_{c} + 3Q_{F} \leq 3000$

Solving the equation further, we get

$Q_{F} \leq 2000 - 2Q_{C}$

$Q_{F} \leq 1000 - \frac{2}{3} Q_{C}$

The range for the relative price of cloth such that the economy produces both cloth and food is 2/3 and 2

Low cloth production → economy will use relatively more labor to produce cloth → opportunity cost of cloth is 2/3rd units of food.
High cloth production → economy dips on labor → taking capital away from food production → raising opportunity cost of cloth to 2 units of food.

If relative price of cloth lies between 2/3 and 2 units of food, the economy produces both goods.
If the price of cloth decreases below 2/3 → complete specialization in food production → low compensation for producing cloth
If the price of cloth rises above 2 → complete specialization in cloth production → low compensation for producing food

4 0

3 years ago

"In a Real Estate Limited Partnership, the general partner refinances an existing $5,000,000 mortgage on a $10,000,000 property

OlgaM077 [116]

Answer:

Increase interest deductions for the limited partners.

Explanation:

In the given scenario the general partner refinances an existing $5,000,000 mortgage on a $10,000,000 property to the original amount of $8,000,000. The interest rate on both mortgages is the same.

Refinancing a loan means that more money is disbursed to the borrower before the termination of the loan.

When a loan is refinanced at the same interest rate the borrower pays more interest.

For example if the mortgage remains at $5,000,000 the interest paid on this principal will be lower.

When the loan is refinanced to $8,000,000 at the same Interest rate the interest paid will be higher because principal is higher.

So the general partner aims to increase the amount of interest paid.

4 0

3 years ago

Yucca Co. updates its inventory periodically. The company's beginning inventory was $4,860 and purchases were $10,080 during the

erastovalidia [21]

Answer:

the cost of goods sold is $5,940

Explanation:

The computation of the cost of goods sold is shown below:

As we know that

Cost of goods sold is

= beginning inventory + purchase made - ending inventory

= $4,860 + $10,080 - $9,000

= $5,940

Hence, the cost of goods sold is $5,940

We simply applied the above formula so that the correct value could come

And, the same is to be considered

8 0

3 years ago

The team leadership model puts who or what in the driver's seat of team effectiveness

just olya [345]

Team leadership model is a tool that is used to choose an effective leader in a way that he or she could be efficient in every way that he or she encountered. Most people use this tool because it contains factors and standards of an effective leader must have

5 0

3 years ago

The inventory of Oheto Company on December 31, 2017, consists of the following items.

algol [13]

Answer:

a. $335,100

b. $341,300

Explanation:

The computation is shown below:

(A) (B) (C) (A × B) (A × C)

Part Quantity Cost per Unit NRV Total cost Total NRV Lower value

110 600 95 100 $57,000 $60,000 $57,000

111 1000 60 52 $60,000 $52,000 $52,000

112 500 80 76 $40,000 $38,000 $38,000

113 200 170 180 $34,000 $36,000 $34,000

120 400 205 208 $82,000 $83,200 $82,000

121a 1600 16 1 $25,600 $1,600 $1,600

122 300 240 235 $72,000 $70,500 $70,500

Total $370,600 $341,300 $335,100

a. Under the LCNRV method, the inventory to each item would be $335,100

b. The total inventory would be $341,300

3 0

3 years ago