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adell [148]
3 years ago
10

Fred owns a small manufacturing plant. His friend Paul also owns a manufacturing plant and has talked to Fred about issues he ha

s found so far with his system. What is Paul likely to say? (Select all that apply.) Select one or more: a. You may have to tell your accountant to conduct reconciliations to ensure that the rates in the system make sense when compared to actual rates. b. Beware of the high price to buy and maintain the cost accounting system. c. Be sure that the cost accounting system picks up current stock prices from the Internet.
Business
1 answer:
lara [203]3 years ago
4 0

Answer: The correct answer is "a. You may have to tell your accountant to conduct reconciliations to ensure that the rates in the system make sense when compared to actual rates.".

Explanation: Paul should surely recommend that your accountant verify the rates applied in the accounting system have reliability and are correctly related to the actual rates and if not, perform the necessary reconciliations.

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Rocoe Company produces a variety of garden tools in a highly automated manufacturing facility. The costs and cost drivers associ
tensa zangetsu [6.8K]

Answer:

Explanation:

Overhead allocation:

Unit level = $35,960/5800 * 480 = 2,976

Batch level = 13,052/260 * 27 = 1355.4

Product level = 3,988*40% = 1595.2

Facility level = 45,600/38,000 * 12,000 = 14,400

Total overhead allocated 20,326.6

7 0
3 years ago
For greater holding power crossing the securement straps is acceptable?
Drupady [299]
Yes it is acceptable
4 0
3 years ago
P13–11 EPS calculations Southland Industries has $60,000 of 6% (annual interest) bonds outstanding, 1,500 shares of preferred st
777dan777 [17]

Answer:

$1.28

Explanation:

The computation of the earning per share is shown below:

As we know that

Earning per share = Net income ÷ Number of shares outstanding

where,

Net income is

Earning before interest and taxes      $24,600

Less: Interest

($60,000 × 6%)                                      - $3,600

Income before tax                                  $21,000

Less: tax for 40%                                    - $8,400

Earning after tax                                     $12,600

Less: Preference dividend

(1,500 shares × $5)                                  -$7,500

Income available                                       $5,100

So the earning per share is

= $5,100 ÷ $4,000

= $1.28

3 0
3 years ago
A difference between people-processing services and possession-processing services is that possession-processing services:
Contact [7]

Answer:

b. do not require customers to enter the service factory.

Explanation:

Possession processing involves tangible services provided on property belonging to a customer. It involves activities like lawn mowing, cleaning services. The property that is recoevong the action must be present but the customer does not need to be.

In people processing on the other hand, the customer is present and services provided are intangible, knowledge based, and customised to each client. For example retail banking services.

3 0
3 years ago
On October 31, 2015, the bank statement shows that your company has $14,856.73 in its checking account. You are aware of three o
liraira [26]

Answer:

A) $11,023.73.

Explanation:

The computation of the cash balance is shown below:

= Bank statement balance - outstanding checks + bank rejected two deposit checks

= $14,856.73 - $4,962.19 + $1,129.19

= $11,023.73

For determining the cash balance we simply deducted the outstanding checks and deducted the deposit checks so that the accurate amount could come

7 0
3 years ago
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