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3 years ago

In a make-to-order system, when a customer places a request for a product or service with a producer,

1 answer:

3 0

A work order is created as soon as the customer places the request for a product or service. Since the manufacturing or the creation of the item begins only after order is made, all the resources and the raw materials should be in place well before time.

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Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during

poizon [28]

Answer:

Overhead= $3,212

Explanation:

Giving the following information:

Sigma Corporation applies overhead costs to jobs based on direct labor cost.

Job W, which is still in process at year-end, shows charges of $2,700 for direct materials and $4,400 for direct labor.

Job V:

$6,300 for direct materials.

$8,500 for direct labor.

$6,205 for overhead on its job cost sheet.

First, we need to calculate the overhead rate.

Overhead rate= 6205/8500= $0.73 per direct labor dollar

Job W:

Direct labor= 4,400

Overhead= 4,400*0.73= $3,212

3 0

3 years ago

The "invisible hand" refers to a. the government. b. the free market. c. central planners. d. large businesses.

Gnom [1K]

Answer:

Free market

Explanation :

In a free market economy, the law of organic market, as opposed to a focal government, manages generation and work.

the free market is a monetary framework dependent on organic market with next to zero government control.

In view of its political and lawful principles, a nation's free market economy may extend between extremely huge or altogether bootleg market.

3 0

3 years ago

Select all of the information that appears on a bank statement.

Korolek [52]

account number

social security number

8 0

3 years ago

Read 2 more answers

In many larger U.S. based firms the __________ matches the overall strategy of the firm and reinforces the __________ emerging f

dimulka [17.4K]

Answer:

reward system; culture

Explanation:

Reward systems in an organization provide evidence of the culture practices of that organization. Reward schemes represent the values and norms of the company that people follow or promote.
Culture is regarded as an expression of organizational values that guide the organization and groups to advance in positions of power. The concept of performance standards and reward planning (key elements of the reward system) comes from the organizational culture.
Many researchers and practitioners have observed the interdependence between organizational culture and reward systems. The reward system develops from the cultural changes that take place in the everyday events of organizational life.

6 0

3 years ago

On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,00

Sav [38]

Answer:

$7,500,000 in 8% bonds, 5 years to maturity, semiannual coupon ($300,000)

sold at premium for $7,740,000

the journal entry to record the issuance should be:

Dr Cash 7,740,000

Cr Bonds payable 7,500,000

Cr Bond premium 240,000

Using the straight line amortization:

amortization per coupon payment = $240,000 / 10 coupons = $24,000

Dr Interest expense 276,000

Dr Bond premium 24,000

Cr Cash 300,000

5 0

3 years ago

In a​ make-to-order system, when a customer places a request for a product or service with a​ producer,

In a make-to-order system, when a customer places a request for a product or service with a producer,