1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rosijanka [135]
3 years ago
12

15) Which of the following would usually be found on a job cost sheet under a normal cost system? B) C) D) A) Choice A B) Choice

B C) Choice C D) Choice D Actual direct material cost Yes Yes No No Actual manufacturing overhead cost Yes No Yes No
Business
1 answer:
True [87]3 years ago
7 0

Complete question:

Which of the following would usually be found on a job cost sheet under a normal cost system?

Actual direct material cost      Actual manufacturing overhead

A) YES                                        YES

B) YES                                         NO

C) NO                                          YES

D) NO                                           NO

A) Choice A

B) Choice B

C) Choice C

D) Choice D

Answer:

B) Choice B (YES,  NO)

Explanation:

In a job cost sheet, under a normal cost system, only the actual direct material cost can be found on the job cost sheet. The actual manufacturing overhead cost is usually not found on the job cost sheet under a normal cost system.

Thus we have:

Actual direct material cost-------- YES

Actual manufacturing overhead----------- NO

Correct option is option B (Yes, No)

You might be interested in
On October 1, Vaughn's Carpet Service borrows $349000 from First National Bank on a 4-month, $349000, 9% note. What entry must V
____ [38]

Answer:

Dr Notes Payable 349,000

Dr Interest Payable 10,470

Cr Cash 359,470

Explanation:

Preparation of Vaughn's Carpet Service Journal entry

Since we were told that Vaughn's Carpet Service borrows the amount of $349,000 on 1st October from First National Bank based on a 4-month, $349,000, 9% note the transaction will be recorded as :

Dr Notes Payable 349,000

Dr Interest Payable 10,470

Cr Cash 359,470

$349,000 +($349,000 *.09* 4/12)

=$349,000+10,470

=$359,,470

3 0
2 years ago
An example of an intermediate good will be:
OlgaM077 [116]

Answer:

b. steel purchased by the aircraft manufacturers.

Explanation:

An intermediate good is a producer good or semi-finished  good that is used as an input in the production process in the manufacturing of other goods such as finished goods. An example of an intermediate good in the options given above will be steel that is purchased by the aircraft manufacturers. Steel is a partly finished good used in producing aircraft, as a final or finished good.

6 0
2 years ago
The liquidity approach to measuring money defines the M2 money supply as A. near monies. B. currency plus travelers checks and c
tatiyna

Answer:

The correct answer is C. M1 plus near monies.

Explanation:

The liquidity approach emphasizes the role of money as a store of value and downplays the role it plays as a means of payment. To assess the amount of money emphasizes that the essentially distinctive property of money is that it is the most liquid of assets.

The strict money supply or circulating medium (M1), which defines money as the money in the hands of the public and demand deposits (DV) is the usual most accepted formula as money. Therefore, money in the strict sense is listed as such in the monetary statistics of the International Monetary Fund (IMF) and many other financial institutions around the world.

7 0
3 years ago
The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:
Dvinal [7]

Answer:

1. $132,600

2. $7,700

3. $25,600

Explanation:

1. Calculation to determine Total current assets

First step is to calculate the Current liabilities using this formula

Current liabilities = salaries payable + accounts playable + accrued interest

Let plug in the formula

Current liabilities= 19000 + 58000 + 1000

Current liabilities= 78000

Now let calculate the Total current assets using this formula

Total current assets = current ratio * current liabilities

Let plug in the formula

Total current assets = 1.7* 78000

Total current assets = $132,600

Therefore Total current assets is $132,600

2. Calculation to determine Short-term investments

Using this formula

Short term investments = Current assets - [cash + accounts receivables + inventory]

Let plug in the formula

Short term investments = 132,600 - [6900 + 39,000 + 79,000]

Short term investments = $7,700

Therefore Short term investments will be $7,700

3. Calculation to determine the Retained earnings

Using this formula

Current assets + fixed assets = Current liabilities + Long term liabilities + paid in capital + retained earnings

Let plug in the

132,600 + 215,000 = 78,000 + 49,000 + 195,000 + Retained earnings

347,600 = 322,000 + retained earnings

Retained earnings = 347,600 - 322,000

Retained earnings = $25,600

Therefore Retained earnings will be $25,600

8 0
3 years ago
When you are in a conflict that you are not passionate about, it is seen as gracious to sometimes ______. a. Fight for your side
Hunter-Best [27]

Answer:

B) Step aside and let the other person prevail

Explanation:

I took it on Edgenuity

7 0
3 years ago
Other questions:
  • ____function of management, the manager observes the company's operation to check that goals and objectives are being achieved.
    9·2 answers
  • How would the economy of Canada be likely characterized?
    10·2 answers
  • A truck costs $ 303 comma 000 and is expected to be driven 114 comma 000 miles during its fiveminusyear life. Residual value is
    11·1 answer
  • You are a network engineer for a midsized government contractor working on a project for a national government lab. Your network
    6·1 answer
  • An ancient Greek philosopher of extraordinary significance in the history of ideas who not only preserved Socrates’s teachings f
    14·1 answer
  • Linda Day George Company had bonds outstanding with a maturity value of $300,000. On April 30, 2020, when these bonds had an una
    5·1 answer
  • "many business professions use the skill of​ __________ in order to work together and complete complex tasks."
    14·1 answer
  • The demand curve of a monopolistically competitive producer is Multiple Choice less elastic than that of either a pure monopolis
    9·1 answer
  • Hill Corporation issued $2,100,000 of 8% bonds at 98 on January 2, 2019. Interest is paid semiannually on June 30 and December 3
    7·1 answer
  • When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regio
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!