3 years ago

When the goods are sold, their costs are transferred from work in process to finished goods.

Business

1 answer:

lara31 [8.8K]3 years ago

5 0

The statement is false. When goods are sold, their cost are transferred from finished goods to sold items.

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Kelsey wants to start a yoga studio. In addition to using her own money to get it launched, which is another way Kelsey may be a

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Answer:

A. by tapping a bank loan

Explanation:

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2 years ago

Towson Corp., was organized on January 2, 2018. During the first year of operation, Towson issued 50,000 shares of $9 par value

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Paid in Capital Common Stock in Excess to par = (35-9)*50,000=1,300,000

Paid in Capital Common Stock in Excess to par is the difference between the par value of the share and the market value or fair value it was sold at, in this case the par value per share was 9 and market value was 35 , there fore we multiplied their difference by 50,000 to get the total difference.

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2 years ago

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3 years ago

Suppose that demand decreases and supply decreases. What would you expect to occur in the market for the good? a. Equilibrium pr

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Answer:

c. Equilibrium quantity would decrease, but the impact on equilibrium price would be ambiguous.

Explanation:

When the demand decreases along with the decrease in supply, obviously the equilibrium quantity will also decrease, to match the level of supply and demand.

But the price cannot be fairly estimated as because the supply is decreased the prices shall increase for equilibrium but as the demand has also decreased the prices shall decrease in order to match the equilibrium.

Thus, the price is ambiguous but definitely the quantity shall stand decreased for equilibrium.

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3 years ago

What is said to exist when total demand equals total supply in a transportation problem? an equilibrialized problem a balanced p

ss7ja [257]

Answer:

a balanced problem

Explanation:

In the transportation problem, when the total supply is greater than the total demand than we will say that the problem is unbalanced and
when total demand equals total supply in a transportation problem that then we will say that the problem is balanced.
so here here correct option is : a balanced problem

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3 years ago