Answer:
It is TRUE that a flour manufacturer is more likely to use process costing than job-order costing whereas a manufacturer of customized leather jackets is more likely to use job-order costing than a process costing.
Explanation:
This is because typically, a Job-order costing process is best suited for a production system whereby there are several different products or services and. And these products are tailored to individual consumers or customer specifications.
On the other hand, process costing is a form of cost that is best suited for manufacturing homogenous products and can be produced massively. Hence, flour manufacturer in the uses Process costing while customized leather Jacket producers would opt for Job order costing process
Answer:
This $24,000 reflect under the financing activities
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
The dividend is paid $80,000 and owns 70 percent so the final amount would be = $80,000 × 70% = $56,000
So, the cash outflow would be = $80,000 - $56,000 = $24,000
This $24,000 reflect under the financing activities
The items that have an 8 hour hold time are
- Pizza sauce (hot line)
- Red sauce (hot line)
- Nacho cheese (hot line)
- Tea
<h3>What is Hold Time? </h3>
Hold time is known to be a term that connote the full length or amount of time a caller is said to often spends in an agent- started hold status.
In ServSafe, it states that the time that is need is said to be 4 hours as the maximum length of time in regards to ready-to-eat foods and this is one that can stay in the temperature danger zone.
Hence, The items that have an 8 hour hold time are
- Pizza sauce (hot line)
- Red sauce (hot line)
- Nacho cheese (hot line)
- Tea
Learn more about hold time from
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Hey I don't see a picture or anything can you please post the picture
$2,095.30 interest will she pay by the time the loan is repaid
Solution:
The $5,500 guaranteed Stafford loan is taken from Gertrude.
The loan has a monthly compounding interest rate of 6.8 percent.
Price current= $5,500.
Present Value = $5,500
Time period = 10 years
So , N = 10 x 12 = 120 months.
Interest rate, R = 6.8/1200 = 0.005666667
PV = Pmt * [1 - (1+R)^(-N)]/(R)
5500 = Pmt * [1 - (1+0.005666667)^(-120)]/(0.005666667)
Pmt = $63.29418157
She got full refund. = 63.29418157 x 120 = $7,595.30
Interest paid = Total repayment - Loan Principal
= $7,595.30 - $5,500
= $2,095.30
