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3 years ago

The value-added is:

Business

1 answer:

kondor19780726 [428]3 years ago

8 0

Answer:

The correct answer is letter "C": sales minus costs of intermediate goods.

Explanation:

Value Added is used to describe the extra something a company does to a product that makes it worth more than the cost of its underlying parts. For economists, value-added is the difference between the gross revenue for an industry (sales) and the sum of the labor, materials, and services (intermediate goods) purchased to produce the goods that generated the revenue.

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All sales are made on account. Collections from customers are normally 70 percent in the month of sale, 20 percent in the month

Taya2010 [7]

Answer:

The expected ending balance on November 30 will be $134,500

Explanation:

Sales Collected (165,000*70%) $115,500

Expenses paid ($36,000)

Cash Opening $55,000

Cash ending Nov 30 $134,500

5 0

2 years ago

Read 2 more answers

Prepare the journal entries to record these transactions on blossom company's books using a periodic inventory system. (if no en

Mariana [72]

Since the company is following a periodic inventory system, it has to use temporary accounts to record sales and purchases.

Transaction A

Purchases – Dr 860500

Accounts payable 860500

Transaction B

Accounts payable - Dr $111,600

Purchase returns $111,600

Transaction C

Accounts payable - Dr 748900

Discount received 14,978

Cash 733,922

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3 years ago

A company has the following balances on December 31, 2018, after year-end adjustments: Accounts Receivable = $62,500; Allowance

VMariaS [17]

Answer: The net realizable value is the maximum value that can be achieved with the sale of the asset, discounting the costs associated with it.

The net realizable value (NRV) of accounts receivable would be:

NRV = Accounts Receivable - Allowance for Uncollectible Accounts

NRV = $ 62,500 - $ 6,200

NRV = $ 56,300

3 0

3 years ago

If employees are to be empowered to truly make a difference, they must have the power to make _____ decisions.

solong [7]

Answer:

substantive.

Explanation:

Substantive decisions in a company are those that will directly influence organizational results.

In centralized organizations, decision-making processes are essentially taken at the top of the hierarchy, it is only the leader who makes important company decisions.

In a decentralized organization, however, there is greater flexibility, which consists of integrating the decision-making process at all hierarchical levels, as it is believed that there is a reduction in the response time of the decision, greater understanding of the problem by employees who are experiencing it and motivate them and increase their job satisfaction.

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3 years ago

Qu. 10-150 (Algo) Majer Corporation makes a product with ... Majer Corporation makes a product with the following standard costs

Galina-37 [17]

Answer:

Direct material quantity variance= $10,000 favorable

Explanation:

Giving the following information:

Standard Direct materials 6.4 ounces $ 2.00 per ounce.

Actual output 6,000 units

Raw materials used in production 33,400 ounces

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (6.4*6,000 - 33,400)*2

Direct material quantity variance= (38,400 - 33,400)*2

Direct material quantity variance= $10,000 favorable

3 0

3 years ago