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vesna_86 [32]
3 years ago
6

1. Often the most difficult part of computing accurate unit costs is determining the proper amount of _________ to assign to eac

h product, service, or job. a. direct materials b. direct labor c. overhead d. direct materials and direct labor
Business
1 answer:
Brrunno [24]3 years ago
4 0

Answer:

"D" Options is correct

Explanation:

Direct material and direct labor are the 2 fluctuating or variable factors. They tends to change. So to carefully calculate their amount is necessary and important in determining the unit cost assigned to any product or service.  

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Wildhorse Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Item No. Quantity Cost pe
katovenus [111]

Answer:

Wildhorse Company

The amount of the inventory is:

= $30,496.

Explanation:

a) Data and Calculations:

Item No. Quantity    Cost per   Estimated   Cost to  NRV  LCNRV Inventory

                                   Unit      Selling Price     Sell                              Value

1320         1,400         $3.78       $5.31           $1.89   $3.42  $3.42    $4,788

1333          1,100            3.19         4.01              1.18      2.83    2.83        3,113

1426        1,000            5.31         5.90            1.65      4.25    4.25      4,250

1437        1,200            4.25         3.78            1.59      2.19     2.19      2,628

1510          900            2.66         3.84            1.65      2.19     2.19        1,971

1522         700            3.54         4.60           0.94      3.66    3.54       2,478

1573      3,200             2.12         2.95            1.42      1.53     1.53       4,896

1626      1,200            5.55         7.08             1.77      5.31     5.31       6,372

Inventory value =                                                                            $30,496

4 0
3 years ago
If property escheats, its title is transferred to a person's nearest blood relative.
USPshnik [31]

Answer:

B. False

Explanation:

5 0
3 years ago
Two ways in which entrepreneurship can help to combat unemployment and improve the economy of south africa
zmey [24]

<span>One is through innovation. New innovation meant new jobs for the nation. One example is Bheki Kunene, a young entrepreneur of South Africa. At age 27, he founded Mind Trix Media providing jobs and a profit. Next is it improves economy by being able to partner with big companies in the other countries.</span>

5 0
2 years ago
Customer service, with respect to inventory management, means:
horsena [70]

Answer:

c) whether the product is available when the customer wants it.

Explanation:

Inventory management refers to maintaining adequate levels of products with the goal of keeping the costs low. However, how the inventory is managed has an important effect in customer service because you need to have a good level of inventory that allows you to keep the customer happy by having the products available when they want them.

3 0
3 years ago
Characteristics of just-in-time partnerships do NOT include:
kodGreya [7K]

Answer:

Answer is option b i.e. large lot sizes to save on setup costs and to gain quantity discounts.

Explanation:

The just-in-time partnership is a Japanese management strategy that increases efficiency by minimizing the inventory to manufacture products with zero defects. Toyota was the first to use this strategy to increase the quality of the manufactured product by reducing wastes and increasing productivity. This strategy does not include large lot sizes to save on setup costs but rather focuses on buying only the required amount of inventory which is required for the production. Hence, the answer is option b.

7 0
2 years ago
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