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4 years ago

Withdrawal of Finished Goods from stock for destructive testing:

Business

1 answer:

lubasha [3.4K]4 years ago

5 0

Answer:

Explanation:

Destructive testing is a quality affirmation procedure where a specimen of an item produced is subjected to a destructive physical analysis in order to understand its performance and behavior under different unfavorable conditions and situation . Examples are tension tests ,bend tests and pressure test.

It is always a last stage of a production procedure that occurs after the completion of production before storage.

For finished goods , destructive testing reflects the completion of goods and and the movements of the finished goods to storage.

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The total overhead variance is the difference between actual overhead costs and budgeted overhead costs. True False

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The difference between the realized overheads and the estimated overheads is the total overhead cost.

<h3>What are total overhead costs?</h3>

Total overhead costs are identified as the costs related to administration, sales, marketing, and production. Before the total overhead costs are realized, a budget regarding estimated costs is prepared.

The calculation of the total overhead costs is actual overhead costs less the budgeted overhead costs.

Hence, the aforementioned statement regarding total overhead costs holds true.

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2 years ago

The Delgados are in the_______ stage of the financial life cycle. This stage is the foundation for the efforts that continue dur

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Answer:

chair, the other , people

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4 years ago

A good work ethic can be demonstrated by

FrozenT [24]

Answer:

Explanation:

Having a strong work ethic involves upholding the values and goals of the company by performing your job to the best of your ability. It means focusing on completing assigned tasks on time. An employee with a strong work ethic is professional in attitude and appearance.

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4 years ago

The City of Mayville had total fund balance in its General Fund of $200,000 on December 31, 2019. The City of Maysville's Genera

d1i1m1o1n [39]

Answer:

The City of Mayville

The City should report $42,000 as restricted fund balance in its General Fund on December 31, 2019.

Explanation:

a) Data and Calculations:

Total fund balance in General Fund = $200,000

Inventory = $28,000

Prepaid Rent 10,000

Encumbrances 60,000

Restricted fund = $42,000

b) The City of Mayville's restricted fund balance is the cash balance that has been earmarked for specific or limited use by or for the City. Restricted funds ensure that donors detect and direct the usage of the funds.

5 0

3 years ago

Western Company is preparing a cash budget for June. The company has $12,000 in cash at the beginning of June and anticipates $3

sveta [45]

Answer:

Borrowing require = $2,500

so correct option is d.Borrow $2,500

Explanation:

given data

cash at beginning = $12,000

cash receipts anticipates = $30,000

cash payments = $34,500

minimum cash balance = $10,000

required balance = $10,000

to find out

To maintain the $10,000 required balance

solution

we get here cash at the end of the year that is

cash at the end of the year = Beginning cash balance + Cash Receipts - cash payments .................1

cash at the end of the year = $12000 + $30000 - $34500

cash at the end of the year = $7500

and

we know minimum cash balance maintained is $10,000

so Borrowing require is here as

Borrowing require = $10000 - $7500

Borrowing require = $2,500

so correct option is d.Borrow $2,500

7 0

3 years ago