1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rama09 [41]
3 years ago
13

In a process costing system, which of the following would be TRUE?a.There is no need to track materials to processes.b.There is

no need to use time tickets to assign costs to processes.c.A process costing system is more expensive to maintain because it has more work-in-process accounts.d.All of these choices are true.
Business
1 answer:
Allushta [10]3 years ago
3 0

Answer:

d.All of these choices are true.

Explanation:

In a process costing system, a.There is no need to track materials to processes.b.There is no need to use time tickets to assign costs to processes.c.A process costing system is more expensive to maintain because it has more work-in-process accounts.d.All of these choices are true . All of the choices given are true .

You might be interested in
"scuba diving." marcy invented a new type of mask that was not subject to fogging for scuba divers and obtained a patent on it.
Angelina_Jolie [31]

Answer:

vvbggghhhhfgghjjhg

Explanation:

5 0
3 years ago
Robyn and Austin are co-owners of a tract of land that they plan to sell one day. A court would likely find that their co-owners
uranmaximum [27]

Answer:

d) joint property ownership

Explanation:

A partnership is created by two or more individuals who combine resources, skills, and energies to start a business. The motive for starting the business is profits.  The partnership deed guides the formation of a partnership business. Partners may also draft an agreement on how they will share profits, losses, or assets should be business be dissolved.

Partners contribute capital required to start and operate the business. The capital contributed may be in the form of cash, assets, or properties.  The contributed capital becomes part of the business assets. The assets are registered under the partnerships' name. For Robyn and Austin, the land will be in the name of their business if they have a partnership business.  But if they jointly own the land, a court may rule that they are not in a partnership business.

8 0
4 years ago
A creditor must ensure that the consumer receives the revised Loan Estimate no later than four business days prior to:________.
zhuklara [117]

Answer:

Consummation

Explanation:

A creditor must ensure that the consumer receives the revised Loan Estimate no later than four business days prior to consummation.

5 0
3 years ago
Which of the following is NOT considered a goal of product promotion?
bekas [8.4K]
C) create customer interest
4 0
4 years ago
Read 2 more answers
The following information is available for the Memphis and Billings companies:
igomit [66]

Answer:

(a) An income statement was prepared for Memphis and Billing Companies (b) The ROA for Memphis is = 5.6% while for Billing is  6.9%.

The ROE for Memphis is 13.9% for Billings it is 17.4%

(c) The billing company is more profitable because from the view from the stockholders it has a higher return on equity

(d) The Memphis company is the discounter

Explanation:

Solution

Given that:

(A) The Income statement for Memphis and Billing companies

                         Common size Income statement

                                  Memphis        %           Billings             %

Sales                          15,00,000    100          15,00,000        100

The cost of Goods    10,50,000     70           11,25,000        75.00

The Gross profit        4,50,000      30            3,75,000         25.0

Operating expenses  3,50,000     23.3        2,50,00            16.7

Net income                 1,00.000      6.7          1,25,000           8.3

(B) We compute the return assets which is given below:

The return on assets is = The net income/Total assets * 100

For Memphis,

The return on assets is = 5.6% ($100,000/18,00,000) * 100

Fro Billings,

The return on assets = 6.9% ($ 125,000/18,00,000) * 100

For the return on equity we have the following given below:

Return on equity is =Net income/Stockholder's equity * 100

For Memphis,

The return on equity =13.9% ($100,000/720,000) * 100

Fr Billings,

The return on equity =  17.4% ($125,000/720,000) * 100

(C) The Billing company is more profitable because it has a higher  return on rate on equity than that of the Memphis company.

(D) The Memphis has a lower  Net profit margin of 6.7% therefore it is the discounter.

4 0
3 years ago
Other questions:
  • Grasping a dilemma by the horns means:
    14·2 answers
  • Robert bought 10 shares of Apex Company for $18 each and later sold all of them at $17 each. This transaction resulted in what t
    14·2 answers
  • Mike and Sandy are two woodworkers who both make tables and chairs. In one month, Mike can make 4 tables or 20 chairs, where San
    9·1 answer
  • Charles heads the human resource department at technology development company Schultz Inc. There, he monitors trends of the labo
    7·1 answer
  • Whats a SIMPLE topic setance for why Autumn is my favorite season
    10·1 answer
  • Yanmei, an employee at a news agency, learns that the reason her colleague was asked not to pursue a news story further was beca
    5·1 answer
  • Choose the correct way to complete the sentences to explain how to draw concentric circles when doing a freehand sketch.
    13·1 answer
  • Define consumer protection agency​
    5·1 answer
  • Although appealing to more refined tastes, art as a collectible has not always performed so profitably. Assume that in 2015, an
    13·1 answer
  • The price of a good or service must ____.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!