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expeople1 [14]
3 years ago
5

The cost of a completed job in a job-order costing system typically consists of the actual direct materials cost of the job, the

actual direct labor cost of the job, and the manufacturing overhead cost applied to the job.A.TrueB.Flase
Business
1 answer:
kondaur [170]3 years ago
3 0

Answer:

True

Explanation:

For computing the cost of the completed jobs in a  job-order costing system we have to consider the actual direct materials cost,  actual direct labor cost, and the manufacturing overhead cost applied.

In mathematically,  

The total cost of completed job = Direct Material cost + Direct labor cost + manufacturing overhead cost

Therefore, the given statement is true

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Elina [12.6K]

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4 0
1 year ago
An account is defined as a record of the business activities related to a particular item. True or false?.
Natalka [10]

An account is defined as a record of the business activities related to a particular item. The given statement is true.

Business activities can be divided into three categories: operating, investing, and financing. The cash flow statement includes a list of the cash flows that were generated and used by each of these operations. Net income on an accrual basis is supposed to be reconciled to cash flow in the cash flow statement.

Manufacturing, storage, accounting, sales, mergers and acquisitions, the issue of securities, etc. are some examples of business activities. The prompt completion of these tasks enables the businesses to survive and compete in the market.

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1 year ago
David Ortiz Motors has a target capital structure of 40% debt and 60% equity. The yield to maturity on the company's outstanding
Marrrta [24]

Answer:

Cost of equity = 14.43%

Explanation:

Weigheted Average cost of capital is computed using the formula below:

WACC = (Wd×Kd)  + (We×Ke)

           Kd= aftre tax cost of debt= 12%× (1-0.4)= 7.2%

           Wd =Proportion of debt= 40%

           We = proportion of equity = 60%

            Ke= cost of equity.

let the cost of equity be "y"

WACC = 11.54

11.54 = (40%× 7.2%) + (60% × y)

0.1154  = 0.0288 + 0.6y

0.1154 - 0.0288 = 0.6y

y =(0.1154 - 0.0288)/0.6

y = 0.1443 × 100

y =14.43%

Cost of equity = 14.43%

         

8 0
3 years ago
Businesspeople from ________ often arrive after the scheduled meeting time and prefer to spend time building personal trust befo
tatyana61 [14]

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Any firm depends on its customers. You may maintain effective contact with your consumers and create enduring relationships if you work on developing excellent interpersonal skills.

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8 0
1 year ago
During a recession, what is one way governments try to encourage growth? by increasing unemployment benefits by stopping governm
storchak [24]
During a recession, the way that governments try to encourage growth is : increasing unemployment benefits

During a recession, a number of unemployment will rapidly increased ( almost a third of citizen could be jobless). In order to handle this, government could increase unemployment benefit so the unemployed people have enough to scrapped by until the recession is over or started a new business.
7 0
3 years ago
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