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Novosadov [1.4K]
3 years ago
13

Which of the following would usually be found on a job cost sheet under a normal cost system? Actual direct material cost Actual

manufacturing overhead cost A) Yes Yes B) Yes No C) No Yes D) No No
Business
2 answers:
MrRa [10]3 years ago
7 0

Answer:

Direct materials and actual manufacturing overhead cost,

Explanation:

Normal cost system is a costing system that makes generate the cost of a product with the cost of actual materials , actual direct cost and the actual manufacturing overhead cost , being the costs that are directly related to the production process.

A job cost sheet is used by company to record manufacturing costing. It contains the lists of the items used in production .

iragen [17]3 years ago
6 0

Answer:

A) Yes Yes

Explanation:

A job cost sheet is prepared by the company which depicts the cost of job related to each customer, it clearly shows the customer details, and the details regarding the product or job regarding direct material cost, direct labor cost, manufacturing overhead cost actually incurred for that job.

Therefore, the job cost sheet shows both:

Actual Direct Material Cost and Actual manufacturing cost

Correct option is

A) Yes Yes

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An author just signed a lucrative contract with a publisher that offers to pay her the amount of $500 at the end of year 9 when
solong [7]

Answer:

Ans. The annuity that will be equivalent to the publisher´s advance would be $26.40 per year, for 9 years at 7% interest rate.

Explanation:

Hi, first, let´s bring that $500 to be paid in 9 years to present value, we need to use the following formula.

PresentValue=\frac{FutureValue}{(1+r)^{n} }

Where: r is our discount rate (7%) and n the periods from now when she will receive that $500 amount. This should look like this.

PresentValue=\frac{500}{(1+0.07)^{9} } =271.97

Ok, so the equivalent amount of money today of those $500 in nine years is $271.97, but the author wants $100 today so the remaining amount has to be used to find the equal annual payments to be made in order to be equivalent to re remaining balance ($171.97). We now need to use the following equation.

Present Value=\frac{A((1+r)^{n}-1 )}{r(1+r)^{n} }

And we solve for "A" like this

171.97=\frac{A((1+0.07)^{9}-1 )}{0.07(1+0.07)^{9} }

171.97=\frac{A(0.838459212 )}{0.128692145}

171.97=A(6.515232249)

A=\frac{171.97}{6.515232249} = 26.40

Therefore, the equivalent amount of money of $500 in 9 years is $100 today and $26.40 every year, at the end of the year, for nine years.

Best of luck.

4 0
3 years ago
Economists say that making choices involves comparing​
dimulka [17.4K]

Answer:

Marginal benefits and marginal costs.

Explanation:

5 0
3 years ago
Interest is the rate earned from a <br> stock share <br> savings account <br> deposit <br> loan
Law Incorporation [45]

Answer:

savings account

deposit

Explanation:

Interest is the money earned when deposits or savings stay in a financial institution for some time. Financial institutions such as commercial banks pay interests to encourage the public to save and keep deposits in their bank accounts. Interest earned is determined by the amount of deposit or saving, the interest rate offered, and the duration of time the money stayed in the bank.

A high-interest rate is attractive to the public as it earns more interest. Financial institutions compete for deposits and saving by offering better interest rates.

4 0
3 years ago
InstaTrack is a newly emerging athletic shoe manufacturing company. After extensive market research, InstaTrack divides its mark
Vesna [10]

Answer:

d. segmentation

Explanation:

Segmentation is when a firm divides its customers or potential customers into groups based on certain traits.

Types of segmentation includes:

Demographic segmentation

Psychographic segmentation

Behavioral segmentation

Geographic segmentation

3 0
3 years ago
When estimating the cost of equity by use of the CAPM, three potential problems are (1) whether to use long-term or short-term r
Lubov Fominskaja [6]

Answer:

The correct answer is A. true.

Explanation:

The cost of capital is a little less unique than the cost of debt. Equity is any financing raised through the sale of shares. Different people have different ways of measuring equity.

Some people prefer to simply use the CAPM or some other form of APT, estimating the cost of capital as an amount equivalent to the risk premium on the returns paid by the company to its investors. In this way, the returns generated in excess of the risk-free rate are considered the cost of equity.

This calculation is easy to use, but also takes into account the fluctuations in the value of the shares in the secondary market, which really has no cost to the company. Some people argue their benefits.

6 0
3 years ago
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