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Over [174]
3 years ago
12

The units transferred in from the first department to the second department should be included in the computation of the equival

ent units for the second department under which of the following methods of process costing?
FIFO Weighted-Average
a. Yes Yes
b. Yes No
c. No Yes
d. No No
Business
1 answer:
Mashcka [7]3 years ago
7 0

Answer:

A. Yes Yes

Explanation:FIFO(FIRST IN FIRST OUT) this is a terminology used in accounting, Quality assurance/Food safety and stock management to control the receiving and usage,transfer or sale of goods,raw materials,spare parts etc. It is aimed at ensuring that products are used or sold according to the time it was received.

It is a method of determining the arithmetic mean of a set of data,or the average weight of a set of materials because some of the data or materials weigh more than the other. It is applied in materials and stock management to ensure that proper stock value is obtained when valuing the total amount of materials or stock received.

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According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to bo
professor190 [17]

The statement, "According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to boost the company's reported revenues. This is not prescribed as an ethical business practice." is True .

Option a

<u> Explanation: </u>

To thrive in the competitive world of business one has to have ethics in doing business.  By doing ethical practices in the business it will boost the image of the company before the customer and it will be helpful for them to compete in the market.

From the above statement even though it is the world's largest software company it has backdated the projects contracts period to show better performance in the revenues.

Even though the project are genuine but the moral responsibility in reporting revenues  to the investors take taken a dent by doing an unethical thing.

6 0
3 years ago
PLEASE HELP WITH THIS
Olegator [25]

The United States government is in debt. But is this a problem? After all, can’t the federal government simply print more money without repercussions? Unfortunately, the solution is not that simple. What could happen they didn't pay it off? The government not paying off there debt could increase interest rates, which could then increase prices and contribute to inflation. The stock market would also suffer if they don't pay it off. Ways they could reduce the national debt would be, raising taxes,  slashing government expenses, and cutting military expenditures.

(I didn't know if your first sentence was your intro or not, sorry! you may take it out if not. Hoped this helped!)

7 0
2 years ago
Treasury stock represents ______. (Check all that apply.) the amount paid for stock reacquired and currently held in treasury st
Nata [24]

Answer:

the amount paid for stock reacquired and currently held in treasury

Explanation:

Treasury stock is an equity account and it is equal to:

  • total shares issued - total shares outstanding

Treasury stock increases when a corporation repurchases outstanding stock for the purpose of reselling them later or retiring them. This usually happens when the corporation has more cash than needed or the price of the stock is too low.

7 0
4 years ago
Jill Parker owns​ 2,000 acres of ranchland in Iowa.​ Recently, a supply of natural gas was discovered on her property. Not knowi
jek_recluse [69]

Answer: C. Jill should focus on the business market and license the natural gas rights.

Explanation:

Option C is indeed the right answer. Focusing on the Business Market will get her a better deal because larger companies will be involved.

It would be very advantageous to license the rights as there will be various bids for the license with the largest bid getting it and only for a period of time.

Going with this option can get Jill a better deal all round.

6 0
4 years ago
Read 2 more answers
Willis Rusch recently purchased a 5-pound box of treats for his dog. The total purchase price was $4.87.What was the price per p
krek1111 [17]

Answer

The cost of the one pound of the box is $0.974.

Explanation:

As given

Willis Rusch recently purchased a 5-pound box of treats for his dog.

The total purchase price was $4.87 .

i.e

Cost of 5- pound box = $4.87

Thus

Price\ per\ pound = \frac{Total\ cost\ of\ 5\ pound\ box}{Total\ box}

Putting the values in the above

Price\ per\ pound = \frac{\$ 4.87}{5}

                                     = $ 0.974

Therefore the cost of the one pound of the bos is $0.974.

8 0
3 years ago
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