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Inessa [10]
3 years ago
11

A job cost sheet is a form prepared for each separate job that records the materials, labour, and overhead costs charged to the

job. True or False
Business
1 answer:
likoan [24]3 years ago
8 0

Answer:

True

Explanation:Job cost sheet - it is formed that consists of all details related to the job profile like material, overhead cost, etc.

It is considered an important part of the job which keeps an updated accounting record. it includes the manufacturing cost record and it used in the end process to compute and finalized the cost of product and service.

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What are the primary functions of a central bank?
Vesnalui [34]

Answer:

The correct answer is:

  • Conduct monetary policy;
  • Ensure that the financial system is stable;
  • Provide banking services to commercial banks, depository institutions, and the federal government.

Explanation:

A central bank is the apex monetary authority in a country. It plays several crucial roles in the smooth working of the economy.

  1. A central bank issues currency on behalf of the government.
  2. It formulates monetary policy on behalf of the government.
  3. It acts as a banker for the government.
  4. It acts as a banker for commercial banks.
  5. It supervises all financial institutions.

The role of providing services to businesses and consumers is played by commercial banks. Fiscal policy is formulated by the government. The responsibility of ensuring the growth of the economy also falls with the government.

4 0
3 years ago
Ken and traci are two woodworkers who both make tables and chairs. in one month, ken can make 3 tables or 18 chairs, whereas tra
marysya [2.9K]
<span>The answer is 1/6 table for ken and 1/3 table for traci. Woodworking is the activity or talent of making items from wood, it includes cabinet making, wood carving ,carpentry and woodturning, with the advantage of modern technology and the demands of industry, woodwork nowadays has changed.</span>
7 0
3 years ago
Read 2 more answers
Cost of Direct Materials Used in Production for a Manufacturing Company
strojnjashka [21]

Answer:

$855,000

Explanation:

The Raw Materials T - Account can be used to determine the cost of direct materials used in production using the missing balance technique as follows :

Raw Materials T - Account

Debit :

Beginning Balance                                               $279,000

Purchases                                                             $828,000

Total                                                                     $1,107,000

Credit :

Ending Balance                                                    $252,000

Transferred to Production (<em>Balancing figure</em>)     $855,000

Total                                                                     $1,107,000

3 0
3 years ago
Lcg inc., a mobile manufacturing company, is launching its new product in the market. the managers at lcg want to price the prod
Dominik [7]
The answer is variable pricing strategies

If the company is launching a completely new they would have invested heavily in R&D and are about to invest a lot of money in the marketing and promotion as well.

Variable pricing simply takes into account the cost of bringing that product to market and prices the product accordingly. This is to ensure that the new product can help the company recover it's costs as soon as possible. 

It also ensures that the final price is a balancing act so that the product's price is attractive for the buyer and a medium way between 'sales volume and income per unit' is achieved.


5 0
3 years ago
The Social security tax is a:
miv72 [106K]

Answer:

Social Security taxes definition. ... The Social Security tax is levied by the U.S. government on both the employee and the employer. In 2019 the Social Security portion of FICA (excluding Medicare) to be withheld from the first $132,900 of each employee's annual salary or wages is 6.2%.

Hope This Helps

5 0
2 years ago
Read 2 more answers
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