Answer:
D (The effect of a change on any financial statement line items affected for all periods reported.)
Explanation:
Any change in the financial system should include all other 3 explanations. It should also include a cumulative effect of the change but it would not include change to every financial line and every statement.
As they only needs to adjust the cumulative effect.
<u>Production</u> refers to the manufacturing process that includes the transformation of raw materials resulting in finished products.
<h3>What is production?</h3>
It is the supply chain phase that includes all the processes related to the creation and elaboration of the product.
That is, it includes the operations necessary for the transformation of raw materials into products and their mass production.
Therefore, we can conclude that production refers to the manufacturing process that includes the transformation of raw materials resulting in finished products.
Learn more about supply chain stages here: brainly.com/question/878903
Answer:
Total cost= $15,100
Explanation:
Giving the following information:
The job cost record for Job A61 on March 1 showed a balance of $5,200.
Job A61:
March:
Direct materials= $2,300.
Direct Labor= $4,000.
Manufacturing overhead is allocated based on direct labor cost. The rate is 90% of direct labor cost.
MOH= 4000*0.9= $3,600
Total cost= 5,200 + 2,300 + 4,000 + 3,600= $15,100
'Micro is the study of individuals and business decisions while macroeconomics while macro studies the decisions of the governments and countries.'
Microeconomics examines individual markets while macroeconomics examines the economy.
