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Zarrin [17]
3 years ago
12

A new advertising agency serves a wide range of clients including manufacturers, restaurants, service businesses, department sto

res, and other retail establishments. The accounting system the advertising agency has most likely adopted for its record keeping in accumulating costs is:
A. Relevant costing.
B. Operation costing.
C. Job-order costing.
D. Process costing.
Business
1 answer:
sweet-ann [11.9K]3 years ago
8 0

Answer:

C. Job - order costing

Explanation:

Job - order costing -

It is used by the organization , when the goods and services of the organization are readily identifies by separate batches or units .

The agency that will advertise accumulates its cost through the client .

The method of job - order costing is the most apt system for a non - manufacturing firms .

Hence , from the data of the question , the correct answer is ( C ) Job - order costing .

You might be interested in
Explain vakency with suitable example ​
Vsevolod [243]

Answer:

The first 20 elements of the periodic table :

1.H —Hydrogen

2.He—Helium

3.Li—Lithium

4.Be—Beryllium

5.B—Boron

6.C—Carbon

7.N—Nitrogen

8.O—Oxygen

9.F—Fluorine

10.Ne—Neon

11.Na—Sodium

12.Mg—Magnesium

13.Al—Aluminum

14.Si—Silicon

15.P—Phosphorus

16.S—Sulfur

17.Cl—Chlorine

18.Ar—Argon

19.K—Potassium

20.Ca—Calcium

The valency of first 20 elements is as follows :-

1. Hydrogen (H) = 1

2. Helium (He) = 0

3. Lithium (Li) = 1

4. Beryllium (Be) = 2

5. Boron (B) = 3

6. Carbon (C) = 4

7. Nitrogen (N) = 3

8. Oxygen (O) = 2

9. Fluorine (F) =1

10. Neon (Ne) = 0

11. Sodium (Na) = 1

12. Magnesium (Mg) = 2

13. Aluminium (Al) = 3

14. Silicon (Si) = 4

15. Phosphorus (P) = 3, 5

16. Sulphur (S) = 2

17. Chlorine (Cl) = 1

18. Argon (Ar) = 0

19. Potassium (K) = 1

20. Calcium (Ca) = 2

Explanation:

First 20 elements in the periodic table start with H and end with Ca. The quickest way to remember the number of valence electrons is to form a relationship with the number of the group the element is located in.

6 0
3 years ago
Balance sheet and income statement data indicate the following: Bonds payable, 6% (due in 15 years) $1,200,000; preferred 8% sto
Sonbull [250]

Answer:

Number of times bond interest charges were earned = 5.44

Explanation:

Given data,

Bond Interest Rate = 6%

Bond Amount = $1200000

Net Income before Income Tax = $320000

Bond Interest charges Earned :

= Bond Value × Interest Rate

= $1,200,000 × 6%

= $72,000

Net Income before Interest :

= Net Income Income Before Interest + Interest

= $320,000 + $72,000

= $392,000

Number of times bond interest charges were earned :

= Net Income before Interest and taxes ÷ Interest charges

= (392,000 ÷ 72,000 )

= 5.4444

Number of times bond interest charges were earned = 5.44

8 0
3 years ago
Ryan is self-employed. This year Ryan used his personal auto for several long business trips. Ryan paid $1,920 for gasoline on t
UNO [17]

Answer:

a. $2,634.36

$1,481.11

Explanation:

a. Ryan can claim the direct costs of the trip being gasoline and oil. He can therefore claim the $1,920 he paid for gasoline.

In addition, some of the indirect costs can be claimed as well such as depreciation. The claim is calculated as:

= Depreciation amount * Business miles / Total miles driven

= 3,900 * 3,700 / 20,200

= $714.36

Total deduction = 1,920 + 714.36

= $2,634.36

b. Ryan needs to be able to prove that the cost he is claiming are indeed business expenses. Total deductibles are:

= (3,900 * 1,400/ 20,200) + (1,400/2,220 * 1,920)

= $1,481.11

7 0
3 years ago
What is Baruch Shemtov's product, and how did he begin creating it?
N76 [4]

Answer:

Baruch Shemtov's product is tie

Explanation:

Baruch Yehudah Shemtov  was born on September 22, 1987.

Baruch has passionate about the design and the fashion from his young age, he was launched his first line of ties at just age 15 years.

he is a fashion entrepreneur since his junior class of high school

Today also Baruch ties routinely sellout in the tony department store and online

Baruch neckties and all accessories are made in USA

and In 2013, he launched boy ties collection and he coordinating with father-son neckties range at Bergdorf Goodman

5 0
3 years ago
Natasha, nelson, and nikolai are all looking to buy flashlights for a camping trip. natasha is willing to pay $4, nelson is will
d1i1m1o1n [39]

Consumer surplus is the difference between the total amount a consumer is willing to pay for an item and what they actually pay. The total amount that Natasha, Nelson and Nikolai are willing to pay for the flashlight is $34, the amount they do pay is $20. So, the total consumer surplus for them is $14.

4 0
4 years ago
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