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worty [1.4K]
3 years ago
15

In a job order costing​ system, a credit to Finished Goods Inventory will be accompanied by a debit to A. WorkminusinminusProces

s Inventory B. Sales Revenue   C. Accounts Receivable D. Cost of Goods Sold
Business
1 answer:
goldenfox [79]3 years ago
4 0

Answer:

A. Work-in-Process Inventory

Explanation:

What a credit to finished goods inventory actually means is that there was an increase in the number of finished goods. If finished goods increased, it means that the number of goods still being worked on (Work-in-process inventory) has decreased (debit). Thus, this transaction must be accompanied by a debit to Work-in-Process Inventory.

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Jim&Jenny Inc, an investment service firm, regularly donates to nonprofit organizations for various social causes and events
svlad2 [7]

Answer:

A. Discretionary responsibility

Explanation:

A  discretionary responsibility is also known as philanthropic responsibility, involves organisations making donations, that will contributes to the development of the community in which its operates

It has  to do with a generous efforts carried out by an organization that assist in  contribution of   resources to community  in which is operates for a better quality of life.  

Therefore Jim& Jenny Inc  donating to the non profit organisation  is a discretionary responsibility

8 0
3 years ago
Jimmi wants a new cellular phone that many other people also want to buy. There are not enough phones produced to fill the deman
Verdich [7]
B) Scarcity - the state of being scarce or in short supply; shortage.
8 0
3 years ago
The unit price of a product is $20. A manufacturer who needs this product has an inventory carrying cost of 30% of unit value pe
Masteriza [31]

Answer:

Re-order time 1 month

Explanation:

EOQ = \sqrt{2DS/H}

D= 450 units

S=10

H=30%

EOQ=\sqrt{2*450*10/6} = 39 units

Number of units D/EOQ = 450/39 = 12

re-order time = total period / Number of orders = 1 year /12

= 1 month

5 0
2 years ago
Tricia’s Decor purchased merchandise from House Beautiful and issued a promissory note. Tricia should record the transaction by
Tju [1.3M]
I think that Tricia should record the action by entering it in, in a log/journal system or keep her recite.
6 0
3 years ago
Costs that are NOT affected by the quantity of a product sold are _______ costs. Examples of these costs include rent, insurance
Dvinal [7]

Answer:

The correct answer is fixed costs.

Explanation:

Fixed costs are the cost that is spent on fixed inputs. They do not vary with the level of output. For instance insurance, rent, etc. They do not change with the change in the quantity of product, unlike variable costs.  

The variable costs are the cost incurred on variable inputs. They vary with the level of output produced.

6 0
3 years ago
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