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PtichkaEL [24]
3 years ago
6

The two categories of cost comprising conversion costs are

Business
1 answer:
Dmitry [639]3 years ago
7 0

Answer:

b. direct labor and factory overhead

Explanation:

The conversion cost is that convert which is used to convert the raw material to the finished goods inventory. It is a combination of the direct labor cost and the factory overhead or manufacture overhead cost.

It can be fixed or variable marinating costs only. It does not include direct material cost

It is computed by taking a difference of production cost and raw material cost

Hence option b is correct

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Cash received through the sale of long-term investments would be reported in the statement of cash flows as a a.Cash inflow in t
avanturin [10]

Answer:

b.Cash inflow in the investing activities section.

Explanation:

The cash flow statement shows the cash used or provided by the various activities of an entity during a given period. These activities are categorized into operating, investing and financing activities.

Non current asset sale and purchases are accounted for in the investing section of the cash flow statement as an inflow and an outflow of cash respectively.

Hence, Cash received through the sale of long-term investments would be reported as Cash inflow in the investing activities section.

4 0
3 years ago
buyer most likely sue for specific performance? select one: a. if the seller did not inform the buyer that the property being pu
Kobotan [32]

buyer most likely sue for specific performance if the seller defaulted on the contract before closing

A Sale and Purchase Agreement (SPA) is what, exactly?

A Sale and Purchase Agreement (SPA) is a contractual agreement describing the terms on which the buyer and seller of a property have come to an understanding (e.g., a corporation). In any sale transaction, it serves as the primary legal document. Essentially, it outlines the agreed-upon terms of the transaction, offers several significant safeguards to all parties involved, and establishes the legal framework needed to finalize the sale. Therefore, the SPA is extremely important to both sellers and buyers.

to know more about A Sale and Purchase Agreement

brainly.com/question/27180298

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4 0
1 year ago
An economist resigns her $100,000/year university teaching position to work fulltime in her own consulting business. In the firs
lilavasa [31]

Answer:

ii. Her accounting profit was $150,000

iii. Her economic profit was $50,000

Explanation:

The computation is shown below:

For accounting profit, it is

= Total revenues - total expenses i.e explicit cost

= $250,000 - $100,000

= $150,000

And, for economic profit

= Total revenues - total cost i.e explicit and implicit cost

= $250,000 - $100,000 - $100,000

= $50,000

Hence, the second and third options are correct

7 0
3 years ago
Which new password is the strongest alternative to the weak password: "ilovedogs"?
pickupchik [31]
D. because you Have Caps on all, a symbol, A lower case, and a number
3 0
2 years ago
Read 2 more answers
An advantage of doing company research before an interview is: a. it improves the applicant’s ability to market their skills b.
yarga [219]

An advantage of doing company research before an interview is that a. it improves the applicant’s ability to market their skills

<h3>What is an Interview?</h3>

This refers to the formal hearing where a person is analyzed and considered to fill up a particular post.

Hence, we can see that the advantage of performing company research before an interview is that it would improve the applicant’s ability to market their skills as he would know the ins and outs of the company.

Read more about job interviews here:

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7 0
2 years ago
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