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Sedbober [7]
3 years ago
13

In Step 4, the EUP from Step 2 and the cost per EUP from Step 3 are used to assign costs to the:

Business
1 answer:
Katarina [22]3 years ago
7 0

Answer: 1. units completed and transferred to finished goods.

c. units in ending work in process inventory.

2. b. labor of the maintenance employees.

c. labor of the clerical staff.

Explanation:

1. Equivalent Units of Production (EUP) are very helpful in Process Costing because they help assign costs to manufactured goods as they go along the production process. Using EUP ascribes a value to the manufactured good by assuming it was completed.

For this reason it is useful in determining the cost of goods that are finished and should be transferred to Finished goods because it has already estimated completed good costs.

It is also useful for estimating the amount of units that are still in Progress at the end of the period because it will express the units like they are complete thereby allowing for proper accounting reporting.

2. Indirect labor are those that are not directly involved in the Manufacturing of a good. In this case these would the labor of the maintenance employees who only work to keep the factory performing and so do not actually work on the product and the labor of the clerical staff who are administrative staff and so do not get involved in production.

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Rick has met with the Small Business Administration, which analyzed his entrepreneurial skills and provided him with a summary o
Mrrafil [7]

Answer:

c) Rick has an external locus of control.

Explanation:

What can challenge Rick in his quest to become a successful entrepreneur is that he has an external locus of control, which occurs when an individual relates events related to their failures or successes to external variables that are not their responsibility, such as fate, luck or bad luck.

The external locus of control can pose a challenge for Rick in the sense that an entrepreneur's success is related to his own personal control and personal efforts to make the business viable and successful in the market. It is necessary for the entrepreneur to understand that there are risks inherent to the business and that a business can work according to their efforts, learning and planning, that is, the entrepreneur and their control and management actions will be responsible for the success or failure of the business, and not just external factors like fate or bad luck.

5 0
3 years ago
Under PPO, which of the following in-network specialists would a referral be required?
RoseWind [281]

Answer:

A) none of these

Explanation:

Hope this helps you have a nice :)

7 0
2 years ago
Read 2 more answers
An animated reconstruction of the plane crash was used in a trial as ____ illustrating the effects of extremely dangerous cross
alexandr1967 [171]
An animated reconstruction of the plane crash was used in a trial as DEMONSTRATIVE EVIDENCE, illustrating the effects of extremely dangerous cross winds on the plane.
Demonstrative evidence refers to physical objects, such as graphs, pictures, models, etc, which are used to clarify the facts for how an accident occurred. It is useful in establishing the facts of an occurrence.
5 0
3 years ago
Several years ago, Apple purchased, cool headphone maker Beats. Apple continues to sell Beats headphones that work with non-appl
aleksandrvk [35]

Answer:

Apple has lower costs in headphone production because it has larger production scale.

Explanation:

There is no available option. Please consider the given above.

If Apple has lower production cost then the acquisition is not justified.

7 0
3 years ago
Jerry is a 30 percent partner in the JJM Partnership when he sells his entire interest to Lucia for $82,750 cash. At the time of
Scrat [10]

Answer:

Jerry's gain on the sale= $28,500

Explanation:

When Jerry sells his interest in JJM to Lucia his basis ($54,250) is what he owes and will be taken out of the proceeds he will get for selling his interest in the company.

Therefore

Jerry's gain on the sale= Amount of sale- Jerry's basis

Jerry's gain on the sale= 82,750- 54,250

Jerry's gain on the sale= $28,500

6 0
4 years ago
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