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Ierofanga [76]
3 years ago
5

In a process costing system, the number of units started and completed for a period is equal to: Multiple Choice Units transferr

ed out less units in beginning work in process. Units transferred out less units in ending work in process. Units transferred out plus units in ending work in process. Units transferred out plus units of beginning work in process.
Business
1 answer:
riadik2000 [5.3K]3 years ago
6 0

Answer:

Units transferred out less units in beginning work in process.

Explanation:

A process costing system is generally used when similar or identical products are mass produced.

To determine the total number of units transferred out = beginning work in process + units started and transferred out - ending work in process

To determine the amount of units started and completed = total units transferred out - beginning work in process

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A monopolistically competitive firm is currently earning a positive economic profit. If other firms enter the market, we would e
Hunter-Best [27]

Answer:

C.

Will operate further from its efficient scale.

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2 years ago
Audrey contracts CLEANOUT Inc. to upgrade the plumbing at each of her company's six offices. Audrey wanted the work to be done i
Sidana [21]

The statement that is said to be most likely to be true in this scenario are:

  • Both Audrey and CLEANOUT must consult a neutral third party to resolve their contractual dispute.
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<h3>What is the contract about?</h3>

In contract law, a "material" breach of contract is known to be a form of breach that took place when one part fails to carry out the contract and this strikes so well at the heart of the contract that it tends to renders the agreement "practically broken"

Note that The statement that is said to be most likely to be true in this scenario are:

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2 years ago
Kentucky Fried Chicken (KFC) suffered a major chicken sales decrease in Hong Kong immediately after running the Chinese version
ehidna [41]

Answer:

A.

Explanation:

To building multinational flexibility, you must need the ability to manage risk  and exploit opportunities arising from the diversity and volatility of the global environment.

You must understand and manage different forms of risk. Scan and respond to discontinuities in global environment. Also to select most attractive markets.

Localization pressures. There are:

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-differences in technical standards

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7 0
3 years ago
Assume that, after analyzing its business transaction, a firm has the following ending balances: accounts payable $3,400, accoun
Lady_Fox [76]

Answer:

Total Assets = $7,000

Explanation:

Total assets are sum of fixed and current assets

Fixed assets = Assets held for a period more than a year.

Here Equipment is fixed asset with a value of $3,000

Current Assets = Accounts Receivable, Cash balance, Prepaid rent, Supplies

= $2,000 + $1,000 + $600 + $400

=$4,000

Total assets = $3,000 + $4,000 = $7,000

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3 years ago
Brief Exercise 13-05 Pronghorn Inc.’s $11 par value common stock is actively traded at a market price of $14 per share. Pronghor
laiz [17]

Explanation:

The journal entry for issuance of the stock for acquiring the land is shown below:

Land A/c Dr   $82,600               (5,900 shares × $14 per share)

       To Common stock A/c $64900           (5,900 shares × $11 per share)

       To Additional paid-in capital in excess of par - Common stock A/c $17,700             (5,900 shares × $3 per share)

(Being the issuance of the stock for acquiring the land is recorded)

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