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2 years ago

Which of the following statements concerning financial statement presentation is not a true statement?

1 answer:

5 0

Answer: The correct answer is "- The balances of all individual assets, as they appear in the subsidiary plant ledger, should be disclosed in the footnotes.".

Explanation: - The balances of all individual assets, as they appear in the subsidiary plant ledger, should be disclosed in the footnotes. is not a True Statement because The balances of all individual assets must be disclosed in the statement of financial position.

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The costs of direct materials, direct labor, and overhead for partially completed products are known as:

slavikrds [6]

The costs of direct materials, direct labor, and overhead for partially completed products are known as total manufacturing costs.

Direct material costs are the costs of raw materials and parts used to manufacture products. The materials must be clearly identifiable in the resulting product (otherwise they are considered community costs). Direct material costs are one of the few variable costs associated with the production process.

Therefore, it is used to derive the throughput from the production process. The throughput is the revenue minus all fully variable costs. Examples of direct materials include wood used to build houses, automobile steel, radio circuit boards, and fabrics used to assemble garments.

learn more about manufacturing costs here: brainly.com/question/8873972

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8 0

1 year ago

Assume mark-up percentage equals desired profit divided by total costs. What is the correct calculation to determine the dollar

UkoKoshka [18]

Answer:

C. Total cost per unit times mark-up percentage per unit

Explanation:

The mark-up percentage is assumed to be computed by dividing the desired profit by the total cost.

The dollar amount of the mark-up per unit shall be computed by multiplying the total cost per unit with the markup percentage per unit.

The selling price of the product can be computed by adding the mark-up per unit to the cost price of each unit.

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2 years ago

Answer the following statement true (T) or false (F):

grin007 [14]

Answer:

TRUE

Explanation:

As Cherry Doux Bakery reaches an agreement with Candy Call to use Candy Call's original dark chocolate in its popular chocolate cookies and sell them in its stores. The two companies are using a strategy known as co-branding. Co-branding is a marketing technique where two brands pool their resources and share advertisement, technology, risks and sell their products/services together which is quite helpful for the both brands. For example, when Dell use intel processors and advertise it in its ads, it is a perfect example of co-branding. Co-branding is help and effective for both of the organization. One company can leverage its products and this sales with the help of another company. In this strategy, strategic alliance between both brands can get stronger hold in the market with more and enhanced brand awareness as well.

3 0

2 years ago

An activity-based costing system ______. requires substantial resources provides benefits of improved accuracy that always outwe

Mashcka [7]

Answer:

1. Requires substantial resources.

2. produces different numbers than a traditional system.

3. Is costly to maintain.

Explanation:

Activity-based costing (ABC) system is a method of accounting assigns the total cost of activities such as manufacturing overhead costs and indirect costs necessary to produce a product or provide a service.

Basically, an activity-based costing (ABC) system is focused on the cost drivers associated with the respective activities, which are responsible for cost to be incurred. The cost drivers are activities such as direct labor, purchase order, machine use etc.

<em>Hence, an activity-based costing system requires substantial resources, produces different numbers than a traditional system and is costly to maintain.</em>

5 0

2 years ago

Using the same quiz format, steps required to answer questions, and submission deadlines for both pars and kcs are examples of w

Kamila [148]

Examples of the eight golden standards for hci design's Strive for consistency include using the same quiz structure, procedures needed to answer questions, and submission dates for both pars and kcs.

In interface design, every component, theme, animation, and action should stay consistent throughout the experience. The user will probably be perplexed, for instance, if the interface alters the button's color and Strive for consistency font while the user is using it. The concept of consistency extends beyond a single application. For instance, websites frequently share basic elements like the corporate logo in the upper left corner and the top menu. These patterns have emerged through time, been described by usability professionals, and incorporated by designers into common practice.

Between pages of one application or between still-related applications, Strive for consistency is required. The key is that authorized users, including the majority of inexperienced users, can still view sites that are seen as still being in dialogue or as still having a connection to the program in use. Users won't be afraid to switch applications as a result of feeling at ease with the application.

Learn more about Strive for consistency here

brainly.com/question/14780616

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The question was incomplete. Check below the full question.

Using the same quiz format, steps required to answer questions, and submission deadlines are examples of which of the Eight Golden Rules for HCI Design?

a. Supporting internal locus of control

b. Offering informative feedback

c. Strive for consistency

d. Reducing short-term memory load

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1 year ago