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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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3 years ago
Use Present Worth Analysis to determine whether Alternative A or B should be chosen. Items are identically replaced at the end o
cestrela7 [59]

Answer:

D. Alternative A, because it costs $250.00 less than Alternative B, in terms of present worth.

Explanation:

Net Present Worth of Alternative A:

-350 + 80 * (P/A, 6%, 6) - (350 - 160) * (P/F, 6%, 2) - (350 - 160) * (P/F, 6% , 4) + 160 * (P/F, 6% , 6)

= -350 + 80 * 5.41791 - (340 - 160) * 0.942596 - (350 - 160) * 0.888487 + 160 * 0.837484

NPW = $ -429.39

Net Present Worth of Alternative B:

-985 + 226 * (P/A, 6%, 6) - (985 - 226) * (P/F, 6%, 3) - (985 - 186) * (P/F, 6% , 4) + 186 * (P/F, 6% , 6)

= -985 + 226 * 5.41791 - (985 - 186) * 0.942596 - (985 - 186) * 0.888487 + 186 * 0.837484

NPW = $ -657.24

7 0
2 years ago
Suppose the economy is initially at potential output and the quantity of aggregate output supplied increases. What information w
ankoles [38]

Answer:

We need to know if the price level is changing or not.

Explanation:

If the economy is at the potential output and the quantity of aggregate output supplied increases, we need to know if this increase is because of an increase in the price level.

If the aggregate price level is increasing then there will be a movement on the SRAS curve. If the increase in quantity supplied is because of a rightward shift in the LRAS curve, the price level will remain the same.  

Also, if the quantity supplied goes back to its original level, in the long run, it implies that the increase in output was because of a short run movement.

7 0
3 years ago
A recent annual report for FedEx contained the following data:
Maru [420]

FedEx

Accounts Receivable Turnover

Numerator Net Credit Sales = 35,687 = 9.02 times

Denominator Average Accounts Receivable (4415+ 3495)/2

Average Daily Accounts Receivable Turnover

Numerator Days in 4 Years = 0.365 4 4 = 46 debt turnover ratio of 9.02

Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to the creditworthiness or credit history of an individual or entity. In accounting, loans can reduce assets or increase liabilities, and can reduce expenses or increase income.

In personal banking or financial accounting, a credit is an entry indicating that money has been received. Normally, a checking account register has the balance (deposits) on the right and the debits (money spent) on the left. In a loan, all the requested amount is given at once at the time of lending, whereas in a loan, the bank uses the full amount of the loan to give the customer an amount that can be used as needed.

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7 0
1 year ago
firms should emphasize the importance of consistently good customer service to its employees so that good customer service becom
ipn [44]

Firms should emphasize the importance of consistently good customer service to its employees in order that good customer service becomes a part of the organizational culture.

Organizational culture is that the collection of values, expectations, and practices that guide and inform the actions of all team members. consider it because the collection of traits that make your company what it's. a good culture exemplifies positive traits that result in improved performance, while a dysfunctional company culture brings out qualities that may hinder even the foremost successful organizations. Organizational culture affects all aspects of your business, from punctuality and tone to contract terms and employee benefits. When workplace culture aligns together with your employees, they’re more likely to feel softer, supported, and valued. Companies that prioritize culture may also weather difficult times and changes within the business environment and are available out stronger.

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1 year ago
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