All categories

3 years ago

Which of the following is an example of a strength of using a database?

1 answer:

5 0

D, Databases can be used to track information related to your business, which could increase profits; This is the primary purpose of a database so this would be the <em>best </em>answer.

You might be interested in

If the amount of "Cost of goods manufactured" during a period exceeds the amount of "Total manufacturing costs for the period, t

Ilya [14]

Answer:

3. ending work in process is less than the amount of the beginning work in process inventory.

Explanation:

As we know that

Manufacturing cost = Cost of Goods Manufactured - Direct Labor - Direct Materials Used + Ending balance of Work-in-Process Inventory - the Opening balance of Work-in-Process Inventory

And, the Manufacturing cost involves both cost i.e direct material and direct material used

If the cost of goods manufactured more than the total manufacturing costs, so automatically ending WIP inventory should be less then the beginning WIP inventory

6 0

3 years ago

Activity-based costing allocates selling and administrative expenses a.based on sales volume in dollars. b.in accordance with GA

ollegr [7]

Based on how each product consumes activities, activity-based costing allocates selling and administrative expenses. Hence, Option D is the correct statement.

<h3>What do you understand by Activity-based costing?</h3>

A costing technique that identifies activities in an organization and assigns the cost of every activity to all services and products in line with the real consumption via way of means of each is referred to as Activity-based costing.

This version of the costing technique assigns greater indirect costs into direct fees as compared to traditional costing.

Hence, Based on how each product consumes activities, Activity-based costing allocates selling and administrative expenses. Option D is the correct statement.

learn more about Activity-based costing:

brainly.com/question/6654166

#SPJ1

5 0

2 years ago

Suppose when a monopolist produces 50 units its average revenue is $8 per unit, its marginal revenue is $4 per unit, its margina

Mamont248 [21]

Answer:

b. The monopolist is currently maximizing profits, and its total profits are $250

Explanation:

The computation of monopolist is shown below:-

The monopolist is producing 50 units ate which are

MR = $4

Price = $8

MC = $4

ATC = $3

This applies that

MR = MC

while

P > ATC

So the monopolist is making a profit by making profit-maximizing quantity.

Total profits are (P - ATC) × Q

= (8 - 3) × 50

= $250

Hence, b option is correct

5 0

3 years ago

Question 1:

anastassius [24]

Service revenue - Income statement

Trade receivables - Balance sheet

Equipment - Balance sheet

Effect of exchange rate - Income statement.

Cash and cash equivalent - Cash flow

Inventories - Balance sheet

Fixed deposits - Balance sheet

Depreciation - income statement, balance sheet, cash flow statement.

Net book value - Balance sheet

Repayment of loans - Income statement

Advertising expense - Income statement.

Dividends - Retained earning statement, Cash flows, Income statement

Retained earnings - Balance sheet

Salaries and wages payables - Income statement

Finance costs - Income statement

Taxation expenses - Income statement

Total comprehensive income - Income statement.

Issuance of shares - Stockholder's Equity

Proceeds from disposal of plant - Cash flow

Bank - Balance sheet

<h3>What is a financial statements?</h3>

This refers to the written records that convey the business activities and the financial performance of a company.

The purpose of the financial statements is to give insight about the financial position and performance of an enterprise to the interested users.

Read more about financial statements

<em>brainly.com/question/14615122</em>

#SPJ1

4 0

3 years ago

Nance Corporation’s December 31, 2017 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 30,000

FromTheMoon [43]

Answer:

47960000

Explanation:

Please see attachment .

7 0

4 years ago