Answer:
In a job order cost system, it would be correct in recording the purchase of raw materials to debit
Raw Materials Inventory.
Explanation:
When materials are initially purchased, the cost is debited to the Raw materials inventory account and credited to either Cash or Accounts Payable, depending on the trade terms. When the materials are assigned to work in process, it is debited to Work in Process Inventory and to Jobs and credited to Raw materials Inventory. Finished Goods Inventory is only debited for completed jobs. Manufacturing Overhead is debited for all indirect costs.
The activity rate that will be used for the setting up machines (setup) activity cost pool is $223.00 per setup.
<h3 /><h3>Activity rate</h3>
Using this formula
Activity rate=Setting up machines (setups)/Activity Setups
Where:
Setting up machines (setups)=$551,702
Activity Setups=2,474 setups
Let plug in the formula
Activity rate=$551,702 ÷ 2,474 setups
Activity rat = $223.00 per setup
Inconclusion the activity rate that will be used for the setting up machines (setup) activity cost pool is $223.00 per setup.
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Answer: The one thing that should always be watched for when driving on a country road or residential street is; Driveways and/or other roads that are obscured by trees or bushes. This is dangerous because a car can be pulling out/backing out onto the street and you could have an accident because they were not seen in time. Someone could just walk out from the road or driveway because their view was also obstructed as yours is and an accident could occur. Always stay aware of your surroundings and especially by trees and tall bushes at homes or roadways.
Answer:
B) The textbooks are placed in a common area of the department so students can borrow and return them as needed.
Explanation:
To avoid a new tragedy of the commons from occurring in the statistics class, each student that receives a book should be responsible for taking good care of it.
If the books are simply placed in a common area, anyone can come and take a book home and never return it or return it in a very bad shape.
Since the car dealer receives commission on each transaction as well as a bonus for each one, he or she will make an effort to close as many deals as possible haggling.
As for this, even after talks, the dealer will attempt to sell the car for as little money as possible because there is a benefit to sales on both the value and the volume of sales. car dealer Because the customer must take into account and account the amount of repairs that need to be made to the automobile throughout the transaction process, the surplus sales of the car must decrease haggling. The car has numerous dings that need to be fixed, and the purchaser will take that into consideration. car dealer Less money will be required from the consumer, which will reduce the sales excess. The price elasticity of demand for cars is unitary, which means that any percentage rise or decrease in a product's price will result in an equivalent increase or decrease in the demand for the product. If automobiles cost $20,000 and the current sales volume is 30, then. haggling There must be a price cut in order to raise sales to 50 units.
How much of an increase in the amount to be sold do we have? 50 - 30 = 20 20/30 = 66.67 appx 67% Consequently, a 67% drop in the car's price will result in a 67% rise in sales volume. The car will cost $20,000 * 67%, which equals $13,400. The new price is $20,000 - $13,400, which is $6,600.
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