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pishuonlain [190]
2 years ago
13

A company manufactures a single product. During the manufacturing process, a small number of units do not pass final inspection

and are destroyed. What is the appropriate accounting treatment for the cost of these units
Business
1 answer:
faust18 [17]2 years ago
5 0

Answer:

Added to the cost of good units produced

Explanation:

If the goods that do not pass the final tests are destroyed, it means they do not have any residue value. The items are, therefore a production loss to the company.

For accounting purposes, the cost of the defective will be the same as the cost of quality products. They use the same raw materials, labor and production process.  To the account, the difference is that the good product is sold, but the other is destroyed. The total costs of damaged items should be added to the cost of production and spread to all quality produced units.

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Which of the following statements about human resource management opportunities and challenges is most accurate?
katrin2010 [14]

Answer:

D

Explanation:

The number of workers who have received training in high tech fields far exceeds the number of job openings in these areas.

6 0
3 years ago
Sally opened her own business and resigned from a job paying $25,000 per year. Her savings acccount pays 8% interest, but she wi
DiKsa [7]

Answer:

A) They would be indifferent, as Sally's income net of costs equals $25,000.

Explanation:

Sally's economic profit = accounting profit - opportunity costs

  • accounting profit = $12,000
  • opportunity costs = $25,000 - $15,000 in lost salaries + $2,000 (lost investment revenue) = $12,000

economic profit = $12,000 - $12,000 = $0

Since the economic profit is $0, Sally should be indifferent between running her own business or working for someone else.

7 0
2 years ago
The Vice President of Biomedics is trying to decide on the composition of a new product development team. If she chooses members
Marina86 [1]

Answer:

b. Increase in communication and coordination costs

Explanation:

Based on the information provided within the question it can be said that she will likely experience a disadvantage with an Increase in communication and coordination costs. This is mainly due to the fact that those individuals are already used to communicating and coordinating with their teams in a very specific way that they have developed through months of working together. By putting members from different divisions together they have to learn how to coordinate with one another which will take time and money.

8 0
3 years ago
Why do neoclassical economists tend to put relatively more emphasis on long-term growth than on fighting recession?
Bogdan [553]

Neoclassical economics places a larger focus on providing extra options and <u>improving living standards, </u><u>which are ultimately decided by long-term progress.</u>

As a result, it focuses on long-term growth rather than fighting recessions.

In actuality, neoclassical economics holds that a product's price is mostly influenced by its manufacturing costs. According to neoclassical economics, the primary factor for client decision-making therefore becomes price.

As a result, letting the neoclassical economists concentrate on prices is not the best way to combat the recession. Long-term economic performance is always emphasized by neoclassical economists.

Note that the neoclassical approach to macroeconomics emphasizes the idea that, over time, the economy tends to recover to its potential GDP and natural unemployment rate.

Learn what John Maynard Keynes would recommend to fight the recession: brainly.com/question/25586856


#SPJ4

8 0
2 years ago
7. In capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be
kramer
Gaining a profit from sold goods is helpful because the use of scarce resources is optimized. It also provide jobs. The bad side of being in a profit motive business is that some may be tempted to deal with customers . I think that a profit motive business is a good thing.
8 0
3 years ago
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