1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kay [80]
3 years ago
10

A raw material subsidiary ledger contains a raw materials card for each item of direct materials only. contains a raw materials

card for each item of indirect materials only. contains a raw materials card for each item of direct materials and indirect materials. contains a raw material card for each supplier of raw materials.
Business
1 answer:
erica [24]3 years ago
8 0

Answer:

contains a raw materials card for each item of direct materials and indirect materials.

Explanation:

The raw materials are the components, parts or pieces whihc are in the factory stocks.

There will be materials used into the final product but some will be used as maintenance, repairs and upgrade therefore, indirect materials.

This makes option C correct.

The raw materials will keep rtack of both, the direct materials and the indirect materials

You might be interested in
The Retained Earnings balance was $24,100 on January 1. Net income for the year was $19,900. If Retained Earnings had a credit b
padilas [110]

Answer: $17800

Explanation:

The opening balance of Retained earnings = $24,100

Net Income for the year = $19,900

Closing balance of Retained earnings = $ 26,200

The, the amount of dividends declared during the year = (opening balance) +(Net Income) -( Closing balance)

= $ (24100+19900-26200)

= $17800

Hence, the amount of dividends declared during the year  is $17800.

4 0
3 years ago
The fixed cost of a production system is $20,000, and the variable cost per unit product is $17. The product has a revenue of $2
dimaraw [331]

Answer:

Results are below.

Explanation:

Giving the following information:

Fixed costs= $20,000

Unitary variable cost= $17

Selling price= $28 per unit.

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 20,000 / (28 - 17)

Break-even point in units= 1,818 units

<u>Now, the profit for 1,500 units:</u>

Loss= 1,500*11 - 20,000= -$3,500

8 0
3 years ago
LMN Company produces a product that sells for $1. The company has production costs of $600,000, half of which are fixed costs. A
madam [21]

Answer:

Unitary Contribution margin= $0.6

Explanation:

Giving the following information:

LMN Company produces a product that sells for $1. The company has production costs of $600,000, half of which are fixed costs. Assuming the production and sales of 750,000 units.

Variable cost= 600,000/2= $300,000

Unitary variable cost= 300,000/750,000= $0.4

Unitary Contribution margin= 1 - 0.4= $0.6

Total contribution margin= $450,000

8 0
3 years ago
the graph to the right depicts the per unit cost curves and demand curve facing a shirt manufacturer in a competitive industry 2
natulia [17]

The firm will exit or leave the industry as its not making any profits.

<h3><u>CALCULATION OF THE PROFITS</u></h3>

According to the Question,

The firm produces at P = MC

Where we know,

Q = 55 units

P = $4.78

ATC or Average Total Cost = 6.76

AVC or Average Valuable Cost = 3

P > AVC so the firm produces to minimize losses at the MC = P.

Profit = ( P - ATC ) × Q

=( 4.78 - 6.76 ) × 55

= - 108.9

The profit is - 108.9 dollars per minute.

As the firm in the industry is making losses ( a negative profit ) so it  will exit the industry in the long run.

To know more about competitive firms, check the given link.

brainly.com/question/28104159

#SPJ4

8 0
2 years ago
Business behavior determines the ethics of society.We can improve society's moral and ethical behavior by first making a commitm
valkas [14]

Answer: The correct answer is False.

Explanation:

Business behavior will not determine the ethics of society. Businesses can't be responsible to change the moral and ethical behaviors of a single person or an entire world. Only a person can change their own behavior. A society in whole can only be changed by each person acting upon their own free will.

If a business is not ethical, then they need to change the way they work and do business and lead by example.

7 0
3 years ago
Other questions:
  • Isabellas, Inc., a local convenience store, sells soft drinks. It sells two large drinks for every small drink. A large drink se
    12·1 answer
  • Does USAMS cable support fast charging?
    13·2 answers
  • William pays his $500 premium every 6 months for automobile insurance with collision coverage. His deductible is $750. William c
    13·2 answers
  • ​May, Inc. had the following transactions in​ 2019, its first year of​ operations: bullet Issued 20 comma 000 shares of common s
    10·1 answer
  • Suppose that your firm's current unlevered value, V*, is $800,000, and its marginal corporate tax rate is 35 percent. Also, you
    15·1 answer
  • The ________ section of the report should include the nature of the research design adopted,
    12·2 answers
  • During a year, Mark’s monthly sales compensation ranged between $15,500 and $20,900 per month and units sold ranged between 1,10
    14·1 answer
  • Select the accounting principle, assumption, or related item that best completes the sentence. Ex: Material. Full disclosure. Fa
    11·1 answer
  • Kelsey Construction has purchased a crane that comes with a 5-year warranty. Repair costs are expected to average $5000 per year
    10·1 answer
  • Pompeii, Inc., has sales of $54,500, costs of $24,800, depreciation expense of $2,700, and interest expense of $2,450. If the ta
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!