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IRISSAK [1]
3 years ago
5

Which of the following statements is correct regarding job order and process costing systems?

Business
1 answer:
Vera_Pavlovna [14]3 years ago
8 0

Answer:

The correct answer is A. A process cost accounting system is appropriate for similar products that are continuously mass produced.

Explanation:

The system of costs by processes is that by which the production costs are charged to the processes, to the accumulated systems of the production costs, by department or by cost center.

This cost system is ideal for companies such as assembly departments. Even in the financial institution where I worked, the process cost system was also used as a method of calculation and cost allocation.

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Assume that you purchased 140 shares of Misty Company stock for $78 a share, that you received an annual dividend of $1.60 a sha
sergeinik [125]

Answer:

Return  (%)   = 17.43%

Explanation:

T<em>he return on investment is the sum of the dividends earned and capital gains made during the holding period of the investment.</em>

Dividend is the proportion of the profit made by a company which is paid to shareholders.

Capital gains is another type of the return made on an equity investment as a result of increase in the value of the shares. It is difference between the cost of the share and the value at the time of disposal.

Therefore, we can can compute the return on the investment as follows:

Dividend= ($1.60× 140)= $224

Capital gains= (90-78) × 140= $1680

Total dollar return on Investment = $224+ $1680= $1904

Total return in (%) = Return/ cost of shares × 100

                           = 1904/ (140 × 78) ×  100

                           = 17.43%

7 0
3 years ago
According to 1968 research by Ball and Brown, securities markets fully adjust to earnings announcements _______.A. instantlyB. i
Shtirlitz [24]

Answer:

D. gradually over time

Explanation:

According to 1968 research by Ball and Brown, securities markets fully adjust to earnings announcements gradually over time

6 0
3 years ago
Explain whether you agree or disagree with the leadership style that was determined for you. Why?
jeka57 [31]

Answer:

I agree because it taught me how to be a tood person, and wpone that is smart academically and in life

Explanation:

6 0
3 years ago
Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions
shusha [124]

Answer:

1. Asset and capital will increase

2. Current asset decrease

3. Asset and liability increase

4. Asset decrease

5. Asset increase

6. Asset increase

7. Asset decrease, expense increase

8. Asset increase

9. Asset increase

10. Asset decrease, liability decrease

11. Liability increased

12. Asset decrease

13. Asset decrease

14. Capital decrease

Explanation:

<u>Income Statement for the month of May:</u>

Sales Revenue $11,100

Less: Operating Expenses:

Cleaning service $750

Salary expense $750

Advertising expense $80

Salaries expense $750

Telephone bill $300

Utilities expense $280

Net Profit $8,190

4 0
3 years ago
Which of the following would be considered a situation of legal employment discrimination? A. Rene, who has a disability, is rej
Leya [2.2K]

Answer: The correct answer is "A. Rene, who has a disability, is rejected from a job position because another candidate did not have a disability.".

Explanation: Disability discrimination occurs when an employer treats a qualified person with a disability, who is an employee or job applicant, unfavorably because he has a disability.

While in the case of option B, the law requires an employer to provide reasonable accommodation to an employee or job applicant with a disability, this is not mandatory if doing so will generate significant difficulties or expenses for the employer.

Therefore the case of option A would be considered a situation of legal employment discrimination.

5 0
3 years ago
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