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sukhopar [10]
3 years ago
15

a system of accounting for production operations that produces timely information about inventories and manufactyring cost per u

nit of product is a
Business
1 answer:
rjkz [21]3 years ago
3 0

Answer:

cost accounting system

Explanation:

The system that is being described is known as a cost accounting system. This system is mainly used by firms in order to estimate the cost of their various products in order to use the information to analyze their profitability as well as their inventory valuation and cost control, all of which are vital to the company's profitable operations when dealing with accounting.

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The crawford company has 3,000 units in beginning finished goods. the sales budget shows expected sales to be 12,000 units. if t
Olenka [21]
Formula: Finished Goods Inventory Beginning - Sales in units + Produced units= Ending Inventory

3000-12000+14000= 5000 Ending finished goods inventory in units
-ahnnahly
3 0
3 years ago
Men’s Wearhouse purchased black leather belts for $15.99 each and priced them to sell for $29.99 each. What was the markup on th
sukhopar [10]

Answer:

Mark-up percentage= 87.55%

Explanation:

Giving the following information:

Purchased price= $15.99

Selling price= $29.99

<u>To calculate the mak up percentage, we need to use the following formula:</u>

Mark-up percentage= [(selling price - purchase price)/purchase price]*100

Mark-up percentage= [(29.99 - 15.99)/15.99]*100

Mark-up percentage= 87.55%

7 0
2 years ago
The Woods Co. and the Speith Co. have both announced IPOs at $52 per share. One of these is undervalued by $11, and the other is
Sergio039 [100]

Answer:

$11,400

Explanation:

Data provided as per the question is below:-

Shares = 1,900

Undervalued amount = $11

Overvalued amount= $5

The computation of profit is shown below:-

Profit = Shares × Undervalue amount - Shares × Overvalued amount

= 1,900 × $11 - 1,900 × $5

= $20,900 - $9,500

= $11,400

Therefore for computing the profit we simply applied the above formula.

4 0
3 years ago
Ownership concentration is determined by both:________ a. the number of outside directors and total percentage of shares they ow
Inessa [10]

Answer:

b.

Explanation:

Ownership concentration refers to the internal governance mechanism where the owners of the company/firm/business (shareholders) can control and thus influence the direction that the company takes in order to protect their own interests. Therefore the ownership concentration is determined by both the number of stockholders and the parties they represent.

6 0
3 years ago
____ provides updated traffic reports that highlight routes with congestion, construction, or accidents that might cause delays.
Sladkaya [172]

The answer is:<span>
"Websites like Google Maps, local TV station's websites".

<span>There are a lot of other websites and media outlets which provide these kinds of services, a positive effect of technological revolution in this age. People save their time as well as effort by getting an alert well in advance about any disturbance on the road.</span></span>

5 0
3 years ago
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