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LuckyWell [14K]
3 years ago
15

Job cost sheets can be used to: (Check all that apply.) A. monitor costs incurred to date and to predict and control costs for e

ach job. B. provide a permanent record for the Cost of Goods Sold account. C. provide a subsidiary ledger for the Finished Goods Inventory account. D. provide a subsidiary ledger for the Raw Materials Inventory account.
Business
1 answer:
Tpy6a [65]3 years ago
5 0

Answer:

The correct answers are A, B and C

Explanation:

Job cost sheet is the sheet or the document which is used for recording the manufacturing costs and it is made or prepared through the companies that use the system of job order costing in order to compute as well as allocate the costs to the services and the products.

It is used to provide the subsidiary ledger for the Inventory which is finished goods, monitor the costs that is incurred and to predict as well as control the costs of each and every job and provide a record which is permanent for the account of COGS.

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The company's materials price variance for April was $3,000 Favorable. Its materials quantity variance for April was $5,000 Favo
Black_prince [1.1K]

Answer:

the  standard price per yard is $6.25

Explanation:

The computation of the standard price per yard is shown below;

Material quantity variance = Standard Price  × (Actual quantity - Standard quantity)

-$5,000 = Standard price  × (10,000 - 10,800)    

Thereore Standard price = -$5,000 ÷ (-800)  

= $6.25    

Hence, the  standard price per yard is $6.25

We simply applied the above formula so that the standard price per yield could come

5 0
3 years ago
Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Pro
Allushta [10]

Answer:

$27,800

Explanation:

Given that

Government Divisional segment margin = $40,300

Export Products Division = $92,700

Common fixed expenses = $105,200

The computation of net operating income is shown below:-

Total segment margin = Government divisional segment margin + Export Products Division

= $40,300 + $92,700

= $133,000

Net operating income = Total segment margin - Common fixed expenses

= $133,000 - $105,200

= $27,800

7 0
3 years ago
Procter & Gamble recently introduced Pampers Rash Guard. Rash Guard does not represent a new product per se; rather, the dia
elena-14-01-66 [18.8K]

Answer:

<u>A continuous innovation.</u>

Explanation:

In this question, we can consider that the company Procter and Gambler used when launching the Pampers Rash Guard, a strategy of continuous innovation, as this is not a new product in itself, but an alternative to ordinary pampers diapers.

Continuous innovation can be defined as a strategy used by companies, mainly a large company like P&G, so that the company has a greater positioning in the market and with this the company becomes the market leader, as it already offers a product recognized as diapers Pampers and yet creates an innovation for diapers, so that it can reach a greater number of consumers and attest to its positioning of an innovative and updated company, which always seeks improvements for products that are already recognized as products of value and quality for the consumer.

3 0
3 years ago
Priscilla owns 500 shares of Deltona stock. It is January 1, 2016, and the company recently issued a statement that it will pay
kotykmax [81]

Answer:

Priscilla's homemade dividend per share be in 2017 will be $3.585

Explanation:

In order to calculate what will be Priscilla's homemade dividend per share be in 2017 we would have to use the following formula:

homemade dividend=(Dividend in 2016×(1+Required rate))+Dividend in 2017

homemade dividend=($1×(1+8.5%))+$2.50

homemade dividend=$1.085+$2.50=$3.585

Priscilla's homemade dividend per share be in 2017 will be $3.585

7 0
3 years ago
Give an example of a case where a cost and a revenue function do not have a break-even point.
oee [108]
 An example of a case where a cost and revenue function do not have a break even point includes, when the profit margin is larger than the losses of the business. 
5 0
4 years ago
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