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
zzz [600]
3 years ago
12

Which account is credited when a job is completed? finished goods inventory. sales revenue. cost of goods sold. work in process

inventory?
Business
1 answer:
Firdavs [7]3 years ago
3 0

Answer:

sales revenue. We are going to debit profit and loss too for cost of labor if need arises.

You might be interested in
The cost to manufacture one unit of Rinker Audio Products' bestselling hearing aid, the Magnifier, is $87.50. The CFO of the com
padilas [110]

Answer:

d. economies of scale

Explanation:

Based on the information provided within the question it can be said that this concept is known as an economy of scale. Like mentioned in the question this concept states that as a company scales their operation, the cost of each input unit decreases as their output or production increases, Thus granting the company a cost advantage. As is happening in this scenario.

4 0
3 years ago
Which of the following is a major difference between Internet banks and traditional banks? The government does not regulate Inte
Aloiza [94]

Answer:

Internet Banks have lower overhead costs.

Explanation:

Online Banks and traditional banks are basically the same with the main difference being that Internet Banks have lower overhead costs. These are costs on the income statement usually including accounting fees, advertising, insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, telephone bills, travel expenditures, and utilities. Since Internet Banks do not need many physical locations they save on many of these overhead fees.

3 0
3 years ago
Identify the set of character traits under the achievement, planning, and power clusters. From each cluster, choose one characte
ValentinkaMS [17]

The set of character traits under the achievement, planning, and power clusters includes: opportunity seeking and initiatives, persistence, fulfilling commitment (commitment to work contract), taking risk (calculated), demand for efficiency and quality, goal seeking, information seeking, systematic planning and monitoring, persuasion and networking, self-confidence and independence

One character trait that in your opinion best describes me is

  • Persistence

One personal experience that demonstrates that trait was;

  • There was a time in my life, I was searching for a job. A friend of mind gave me a job that was not in my field of expertise to work on. He told me how to do it, but I was experiencing some difficulties. But when I think of how cashless I was and how I don't want to give up and disappoint the person who trust me, I put extra effort into studying more concerning the work.
  • I did a very good job of which i was commended for and so i promise myself not to give up but be more persistence in all that i hope to achieve.

For better understanding, let us explain what the Character Traits means

  • Character Trait is simply known as the mark or attribute that set apart an entrepreneur from the owner of an ordinary small business.

  • Achievement Cluster is simply made up of entrepreneurial character traits that are closely linked to the entrepreneur's desire to be an achiever in his/her field of entrepreneurship.

  • Planning Cluster is simply refered to as different characteristics of successful entrepreneurs that basically supports the character traits in the achievement cluster

From the above, we can therefore say that the answer The set of character traits under the achievement, planning, and power clusters includes: opportunity seeking and initiatives, persistence, fulfilling commitment (commitment to work contract), taking risk (calculated), demand for efficiency and quality, goal seeking, information seeking, systematic planning and monitoring, persuasion and networking, self-confidence and independence

One character trait that in your opinion best describes me is

  • Persistence

One personal experience that demonstrates that trait was:

  • There was a time in my life, I was searching for a job. A friend of mind gave me a job that was not in my field of expertise to work on. He told me how to do it, but i was experiencing some difficulties. But when I think of how cashless i was and how I don't want to give up and disappoint the person who trust me, I put extra effort into studying more concerning the work.
  • I did a very good job of which I was commended for and so I promise myself not to give up but be persistence in all I do, are correct

Learn more about character traits from:

brainly.com/question/18597344

6 0
2 years ago
You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money? A) Com
Allisa [31]
D) Compounding daily
................
4 0
2 years ago
Beckett, Inc. reports the following cost information for​ March: Cost of Goods Manufactured $ 73 comma 000 Manufacturing Overhea
pentagon [3]

Answer:

Beckett, Inc.

Cost of Goods Manufactured Statement

Direct Materials Used      25, 140

Direct Labor $ 20,280

Manufacturing Overhead 18 ,900

Total Manufacturing Costs  $ 64,320

March 1 ​Work-in-Process Inventory,  9, 680

Cost of Goods Available for  Manufacture $ 74,000 ​

March 31 Work-in-Process Inventory, 1, 000

Cost of Goods Manufactured $ 73,000

March 1 Finished Goods​ Inventory, 8, 000

Cost of Goods available for sale $81,000

March 31 Finished Goods​ Inventory,  2, 000

Cost of Goods Sold $ 79,000

7 0
3 years ago
Other questions:
  • When originally purchased, a vehicle costing $24,120 had an estimated useful life of 8 and an estimated salvage value of $2,200.
    12·1 answer
  • You and your best friend have decided to start a small coffee shop together while in college. Though you have been friends since
    12·1 answer
  • One car rental agency rents a mid dash size car at a daily rate of ​$36.95 plus 36 cents per mile. Another company rents a mid d
    12·1 answer
  • Classify each cost as being either variable or fixed with respect to the number of units produced and sold. Also classify each c
    9·1 answer
  • If the the United States imports $100 million of goods and exports $150 million, what does the United States have?
    12·2 answers
  • Ways in which climate change can affect the economy of South Africa​
    11·1 answer
  • Residents of Mill River have fond memories of ice skating at a local park. An artist has captured the experience in a drawing an
    15·1 answer
  • Match each component of a mortgage with its definition.
    11·1 answer
  • Marigold Corp. incurred the following costs for 52000 units: Variable costs $312000 Fixed costs 392000 Marigold has received a s
    7·1 answer
  • Four-year-old jewel thinks that all grown-ups are mommies or daddies. What has jewel used to classify adults in this way?.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!