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Xelga [282]
3 years ago
7

For which of the following businesses would the job order cost system be appropriate? a.oil refinery b.canned soup processor c.l

umber mill d.hospital
Business
1 answer:
attashe74 [19]3 years ago
4 0

Answer:

The correct answer is letter "C": lumber mill.

Explanation:

Job orders are forms that are given to workers that typically represent a third party to a company so they can perform a specific work. Besides, the job order includes the time expected for the worker to finish the job, the estimated wage charged, the materials needed to perform the job, and the number of employees necessary.

<em>Lumber mills</em> typically work with job orders to provide with cut pieces of wood to furniture enterprises.

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On July 1, 2016, Sheffield Corp. issued 9% bonds in the face amount of $11100000, which mature on July 1, 2022, The bonds were i
lidiya [134]

Answer:

Explanation:

Discount bonds are issued on discounted price of their face value

Here discount = 11100000-9720000

= 1380000

on 1/07/2016

cash outflow or book value of bond

= 9720000

on 30/06/2017

interest paid = 999000

yield expected = 972000 ( 10% of issue price )

interest amortized

= 999000-972000 = 27000

book value = 9720000 + 27000

= 9747000

on 30/06/2018

interest paid = 999000

yield expected = 974700 ( 10% of book value )

interest amortized

= 999000-974700 = 24300

value amortized = 24300 + 27000 = 51300

book value = 9747000 + 24300

= 9771300

Amount unamortized

1380000 - ( 51300 )

= 1328700

3 0
4 years ago
Public choice is a field of study that:
irinina [24]

Answer:

a. Uses economic tools to examine political behavior.

Explanation:

Public choice is a field that uses economics to analyze and understand situations related to the political science like behavior, for example, the analysis of voters' behavior using decision theory. According to this, the answer is that public choice is a field of study that uses economic tools to examine political behavioral.

The other options are not right because population growth and consumption chooices are not related to political science and public choice uses economic tool not mathematics and statistics.

5 0
3 years ago
The first step in marginal analysis is to determine
Ne4ueva [31]

Answer: B. fixed and variable costs for specified quantities of product

Explanation: You said it was correct in the comments section.

4 0
3 years ago
Read 2 more answers
Assume that a hypothetical economy with an MPC of 0.9 is experiencing a severe recession. Instructions: In part a, round your an
Dahasolnce [82]

Answer:

$10 billion

Explanation:

Calculation for By how much would government spending have to rise to shift the aggregate demand curve rightward by $25 billion

Using this formula

Government multiplier spending=1/1-MPC

Where,

MPC=0.9

Let plug in the formula

Government multiplier spending=1/1-0.9

Government multiplier spending=1/0.1

Government multiplier spending=$10 billion

Therefore how much would government spending have to rise to shift the aggregate demand curve rightward by $25 billion will be $10 billion

6 0
3 years ago
A corporation is considering expanding operations to meet growing demand. With the capital​ expansion, the current accounts are
densk [106]

Answer:

$60,000

Explanation:

The computation of change in net working capital is shown below:-

Change in net working capital = Increase in cash + Increase in accounts receivables + Increase in inventories - Increase in payable - Increase in accruals

= $20,000 + $40,000 + $60,000 - $50,000 - $10,000

= $120,000 - $60,000

= $60,000

Therefore for computing the change in net working capital we simply applied the above formula.

3 0
3 years ago
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