Answer:
is used to control costs of manufacturing activities
helps managers determine selling prices
Explanation:
A "cost accounting system" allows a business to examine its costs. The information of these costs are then collected in order to help the company control its costs and come up with<em> an estimate of their product's cos</em>t. An accurate cost allows a company to be profitable. So, this allows the managers to determine selling prices. Costs regarding manufacturing activities are also taken into consideration.
The cost accounting system is not only used with a perpetual inventory system. It can also be used with a periodic inventory system. It does not necessarily provide a general information used by investors, rather it provides an internal information. It can also adapt according to the needs of the company. Financial accounting provides information to the <em>outside investors.</em>
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Answer:
$109,000
Explanation:
The accounting equation for the cost of goods sold
COGS = opening finished good + purchases - Closing finished goods
In a manufacturing firm, purchases are also referred to as manufacturing costs.
For Leslie manufacturing:
beginning finished inventory =$40,000
costs of goods manufactured = $ 144,000
Ending finished inventory = $ 45,000
cost of manufacturing for the period:
=$40,000 +$114,000- $45,000
=$109,000
Answer: Option (B)
Explanation:
Here, from the given option we can state that direct marketing is the correct option. Direct marketing is referred to as the type of communicating a proposal, under which an organizations tends to communicate straight to the pre-selected consumer and thus further supply the method or technique for the direct answer.
Answer:
1.90%
Explanation:
For TIPS provide rate of real rate,
Inflation rate=return on T bond-return on TIPS-maturity risk premium and it is equal to
= 5%-2.10%-1%=1.90%.
Therefore the expected rate of inflation over the next 10 years is 1.90%