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blsea [12.9K]
3 years ago
15

When a manufacturing company uses direct​ materials, it assigns the cost by debiting A. Direct Materials. B. ​Work-in-Process In

ventory. C. Manufacturing Overhead. D. Raw Materials Inventory.
Business
1 answer:
liraira [26]3 years ago
8 0

When a manufacturing company uses direct​ materials, it assigns the cost by debiting Work-in-Process Inventory.

<u>Option: B</u>

<u>Explanation:</u>

The nearly completed products of a business that await fulfillment and subsequent selling or the valuation of those commodities is understood as a work-in-process inventory. These products are either produced in a line or in a buffer stock, or are pending for any further handling. The concept is employed in controlling the manufacturing and distribution chain. Optimum quality control is aimed at reducing system activity. Function in system requires storage space, reflects attached capital that is not accessible for investment and brings an inherent risk of previous expiry of the goods' shelf life.

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A point inside the production possibilities curve represents a combination of goods that is
Savatey [412]

Answer: EFFICIENT

Explanation: Production possibility Curve or frontiers is a graphical representation of the combination of two goods to give an efficient output or outcome considering the prevailing market conditions.

Production possibility Curve is used by business managers to determine which product combination can a business organization derive maximum or efficient benefits. A point in the curve of the production possibility Curve represents/ shows a combination of goods that is efficient considering the prevailing market conditions.

8 0
3 years ago
XYZ Company produces a significant daily amount of electronic waste. The company disposes the waste into the ocean despite stric
natima [27]

Answer:

Legal responsibility

Explanation:

Since there have been regulations put in place by the government, it is thereforre a legally binding agreement between XYZ company and any other companies that does same as XYZ company.

The failure of XYZ company to honour the set regulations is a breach in its legal responsibilty alongside its corporate social responsibilty as well and it can be taken up by the government by either charging the XYZ company to court or revoking their operating license.

Cheers.

6 0
3 years ago
How could jim get the views of employees who may have left the company due to perceptions of discrimination or unequal treatment
photoshop1234 [79]

Jim could get the views of employees who may have left the company due to perceptions of discrimination or unequal treatment by contacting them. For contacting the employees who have left the company due to perceptions of discrimination or unequal treatment Jim should first find out details of those people like phone number and email address.

After finding out the details, he should contact them and ask what is their reason to leave the company and if they feel discrimination or unequal treatment practice in company and if yes why they feel so. If they give confirmation regarding the same then Jim should talk to the current employees and find out how it happen and who practices this in firm.

After knowing the issue Jim should take appropriate steps to discard this practice from the organization.

Read more about organization on brainly:-

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4 0
1 year ago
Industrialist who established standard oil
Ksju [112]
That would be John D. Rockefeller who gained control over the oil market by buying up small companies and sell oil at a significantly lower price to force his competitors to sell to him and them when he had majority control over the oil market he them just muscled the remaining out of business and then jack up the price on his oil to rake in huge profits. <span />
7 0
2 years ago
Tom Tom LLC purchased a rental house and land during the current year for $150,000. The purchase price was allocated as follows:
Anika [276]

Answer:

correct option is B.$2,273

Explanation:

given data

purchased = $150,000

building = $100,000

land = $50,000

to find out

Tom's maximum depreciation for this first year

solution

we will apply here The mid month convention applies

and recovery period for Residential property =  27.5-year

maximum depreciation will be here as

maximum depreciation = $100,000 × 2.273%

maximum depreciation = $100,000 × 0.02273

maximum depreciation = $2,273

so correct option is B.$2,273

5 0
3 years ago
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