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satela [25.4K]
3 years ago
10

Luis is an accountant whose company recently switched from process costing to job order costing. He is preparing to total manufa

cturing costs in order to determine unit cost. What changes must Luis make to his totaling process as a result of the costing system change?
Business
1 answer:
Ann [662]3 years ago
4 0

Answer:

The correct answer is Assign costs of work process.

Explanation:

Among the main changes to be able to allocate costs, Julio must take the costs of work in process in a single account, instead of directly to different department accounts. This will ensure better control of the information, avoiding mistakes in the planning process.

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4. How might living under anarchy be desirable, compared to other forms of government with more power? How might it be bad? (4 p
Zepler [3.9K]
Anarchy is good and bad. Compared to communism it is WAY BETTER. Though, you can't vote on your leader like in democracies. Especially if you agree with the leader's values in an anarchy you would probably enjoy it. Also anarchies do have lots of power. I would say to search this up on google though.
6 0
3 years ago
A person who saves money for the future by buying a whole life policy A. pays the same premium for the same amount of term cover
Karolina [17]

Answer:

B. is able to accumulate tax-free interest earnings on cash values.

Explanation: whole life insurance policy also known as permanent life insurance,is an insurance policy where people who buy the policy are deferred from paying tax,this policy ensure that you pay the same amount of premium throughout the policy,it is a policy that is not termed and it doesn't expire it can last up to 120years.

6 0
3 years ago
What kind of education do you need to be a construction engineer technology?
Sliva [168]
You would have to earn an <span>Associate of Applied Science (AAS) degree or an advanced technical certificate. </span>
4 0
3 years ago
1.2 Which of the following is not a nominal account?
bonufazy [111]

Answer:

i can say is capital

Explanation:

8 0
3 years ago
When the company pays rent expense for the current month, what is the effect on the accounting equation for that company?
GREYUIT [131]

Answer:

decrease the stockholder equity and decrease in assets

Explanation:

As we know, the accounting equation is  

Total assets = Total liabilities + stockholder equity

In the given case,  

The rent is paid for the current month, so the journal entry would be

Rent expense A/c Dr XXXXX

    To Cash A/c XXXXX

(Being rent is paid)

So it decreases the stockholder equity as it includes the income and expenses part and it decreases in assets as it reduces the cash balance

3 0
3 years ago
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