In a job order cost system, factory wage expense is debited to work in process inventory.
Explanation:
The costing of job orders is a system for assigning and accumulating production costs for a single production unit. When different produced items differ enough and each has considerable costs, the job order costing system is used.
The costs of each jobs include direct materials, direct work and production overhead in order to summarize the cost system for jobs. While the product is being produced, the process inventory includes direct materials and direct labor costs.
Answer:
b. non programmed
Explanation:
you made a decision to take another route that was better for your drive.
Answer:
Penetration Pricing Strategy
Explanation:
The reason is that the penetration strategy is used when the product that the company wants to offer to its customers has very little or no differentiation, which is the case here. It is also helpful in promoting the product as the product is sold at lower prices helps to attract potential customers to buy the product. So setting a penetration price is itself a promotion strategy as well.
Answer:
d. The presence or absence in a nation of supplier industries and related industries that are internationally competitive
Explanation:
Related and supporting industries can be described as upstream and downstream industries which bring about innovation via exchanging ideas.
In an economy, upstream industries are reliable supplier of inputs to a company, while downstream industries assist a company in marketing and distributing its products.
The absence or presence of the related and supporting industries usually have effect on the success of a company in a country.
Answer:
Explanation:
1. Calculate ending inventory Rate per unit Total cost
number of units ($) ($)
Beg bal (April1) 450 2.19 985.50
Add:purchases
April 20 410 2.69 1102.90
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Total goods
av for sale 860 2088.40
Less: Sales:
During April 590
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Ending inventory 270
2. Cost of ending inventory = 270*2.19=$591.3