Answer:
Joint cost incurred in the process
Explanation:
In domain of accounting, a joint cost can be regarded as a cost that is been incurred in a joint process. Joint costs may encompass costs like direct material,overhead costs as well as direct labor that is been incurred during a joint production process.
joint production process can be regarded as one whereby one input give yields of multiple outputs. This process helps to automatically creates other types of output product when creating one type of output.
For instance, Joint cost when a Manufacturing company incurs $600,000 during a joint manufacturing process before the split-off point, that $600,000 represents the Joint cost .
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Employers find that many college graduates are not career-ready in Critical thinking, written communication, and evaluating information skills that employers are looking for.
<h3>What are skills?</h3>
Skills can be described as the expertise or talent that is been acquired so that a job or task can be done .
It should be noted that Job skills allow one to do a particular job , hence Employers find that many college graduates are not career-ready in Critical thinking, written communication, and evaluating information skills that employers are looking for.
Find out more on skills at brainly.com/question/25645043
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The amount of the net working capital is -$4,900
Net working capital = $43,100 - $23,700 - $24,300 = -$4,900
What is the meaning of net working capital '?
The net working capital of a corporation is the difference between short-term assets and short-term liabilities (NWC). Positive net working capital indicates that a business has paid its debts and has funds left over to invest in other operational needs, which is fantastic.
Why is net working capital important?
Net working capital is significant because it provides insight into a company's liquidity and determines if it has sufficient funds to meet its immediate obligations. If the net working capital number is zero or higher, the company can meet its immediate obligations.
Learn more about net working capital: brainly.com/question/21852402
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Answer:
Incremental income from reworking the phone is $49,300
Explanation:
Scrap Rework
Sales $46,400 $214,600
<em>(32 * 1,450) (148 * 1,450)</em>
<em />
- Rework costs 0 $118,900
<u> </u><em><u>(82 * 1,450)</u></em>
Profit <u>$46,400 $95,700</u>
Incremental income from reworking the phone
= $95,700 - $46,400
= $49,300