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miv72 [106K]
4 years ago
11

To manufacture protective cases and keep its operations running smoothly, Connie’s Case Creations makes purchases from a number

of suppliers. Using the drop down menu, match the description of each purchase with the corresponding business-product classification.
Purchase of large-scale machinery to mold each case.
Purchase of cleaning fluids for maintaining manufacturing equipment.
Purchase of accounting services for tax preparation.
Purchase of bulk plastics to be molded into cases.
Purchase of multifunction laser printers for office use.
Purchase of leather straps to be fastened to finished cases.
Purchase of plastic glues to attach decorations to finished cases.
Business
1 answer:
AnnZ [28]4 years ago
8 0

Answer:

  • Purchase of large-scale machinery to mold each case.-<u> Major Equipment </u>

Major equipment are large scale type assets.

  • Purchase of cleaning fluids for maintaining manufacturing equipment - <u>Supply </u>

Supply goods are bought to enable the company maintain their equipment.

  • Purchase of accounting services for tax preparation - <u>Business Service</u>

They are services purchased to maintain the business.

  • Purchase of bulk plastics to be molded into cases - <u>Raw Materials</u>

These are the commodity goods that will be used to make finished products.

  • Purchase of multifunction laser printers for office use - <u>Accessory Equipment  </u>

Accessory equipment are light in nature but are still needed to help in the operations of the business.

  • Purchase of leather straps to be fastened to finished cases - <u>Component Part</u>

  • Purchase of plastic glues to attach decorations to finished cases - <u>Process Material</u>

These are products that will be used in the production process.

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On January 1, Feld traded a delivery truck and paid $10,000 cash for a tow truck owned by Baker. The delivery truck had an origi
S_A_V [24]

Answer:

gain on disposal                     30,000

Explanation:

First we do the numbers for the old truck:

Asset        140,000

Acc Dep          80,000

Book Value  60,000

Now, becuase there are commercial subtance we will recognize the dgain or loss at disposal.

Total given-up for the tow truck

bake tow truck                      100,000

cash                                     <u>   (10,000)  </u>

Baker valuation of our truck  90,000

book value                             (60,000)

gain on disposal                     30,000

<u>journal entry</u>

tow truck                      100,000

acc dep delivery truck   80,000

    cash                                                   10,000

   delivery truck                                   140,000

   gain on disposal                                30,000

7 0
4 years ago
The Chowning Company manufactures ear buds. The variable cost of each set of ear buds is $0.35. The company incurs monthly fixed
kiruha [24]

If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.

<h3 /><h3>Total cost</h3>

Using this formula

Total cost = Variable cost + Fixed cost

Where:

Variable cost=(1200×$0.35)=$420

Fixed cost=$10,000

Let plug in the formula

Total cost = (1200×$0.35) +$10,000

Total cost=$420+$10,000

Total cost=$10,420

Inconclusion  If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.

<h3 />

Learn more about total cost here:brainly.com/question/25109150

3 0
2 years ago
Marketing managers need to consider many factors to find the best way of communication and budget allocation decisions. During t
cestrela7 [59]

Answer:

a. True

Explanation:

In the case to find the best way of communication and the decisions regarding the allocation of the budget, the managers are required to considered various factors. In the decision process, the companies considered the audience, promotion objective, media, budget and the product characteristic i.e. why it is purchased by the consumer etc

So the given statement is true

As while taking the decisions the above things are relevant

5 0
3 years ago
The united states department of agriculture (usda) found that the proportion of young adults ages 20–39 who regularly skip eatin
deff fn [24]

Full Question

The united states department of agriculture (usda) found that the proportion of young adults ages 20–39 who regularly skip eating breakfast is 0.238. suppose that lance, a nutritionist, surveys the dietary habits of a random sample of size n=500 of young adults ages 20–39 in the united states.

Apply the central limit theorem for the binomial distribution to find the probability that the number of individuals, ?, in Lance's sample who regularly skip breakfast is greater than 122. You may find table of critical values helpful.

Express the result as a decimal precise to three places.

Answer:

The probability using the Normal Approximation that out of lance’s sample more than 122 people is 0.356

Explanation:

Given

n = Sample Size = 500

p = Probability = 0.238

Using the normal approximation to binomial distribution,

Let X = Event such that a person skips breakfast

If X ~ Binomial (n,p)

Using normal approximation

X ~ Normal (np,npq)

Where n = 500 and p = 0.238

So, X ~ Binomial (n,p) becomes

X ~ Binomial (500 , 0.238)

Using Normal Approximatiom

X ~ (119, 90.678)

The critical table is then constructed as follows;

Binomial --------- Normal

P(X = a) --------- P(a - 0.5 < X < a + 0.5)

P(X ≥ a) --------- P(X > a - 0.5)

P(X > a) --------- P(X > a + 0.5)

P(X ≤ a) --------- P(X < a + 0.5)

P(X < a) --------- P(X < a - 0.5)

Calculating the probability using the Normal Approximation that out of lance’s sample more than 122 people skips

This can be written as P(X > 122)

Looking at the critical table above.

P(X>a) ----- P(X>a + 0.5)

So,

P(X > 122) ---- P(X > 122 + 0.5)

P(X > 122) ---- P(X > 122.5)

Calculating Z score using

z = (x - u)/√σ²

X = 122.5

From X ~ (119, 90.678)

u =mean = 119

σ = standard deviation = √90.678

So,

Z = (122.5 - 119)/√90.678

z = 0.367550550865750

Z = 0.37 ---- Approximated

P(X > 122.5) = P(Z > 0.37)

P(X > 122.5) = 1 - P(Z<0.37) --- using z table

P(X > 122.5) = 1 - 0.6443

P(X > 122.5) = 0.3557

P(X > 122.5) = 0.356 -- Approximated

6 0
4 years ago
Which answer choice correctly identifies and describes the two primary types of capital resources?
Tanya [424]

Answer:

Human capital resource, Financial capital

Explanation:

6 0
3 years ago
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