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Karolina [17]
2 years ago
5

The account Work-in-Process Inventory: Group of answer choices Consists of completed goods that have not yet been sold. Consists

of goods being manufactured that are incomplete. Consists of materials to be used in the production process. Consists of the cost of new materials used, labor but not overhead.
Business
2 answers:
LuckyWell [14K]2 years ago
6 0

Answer:

B) Consists of goods being manufactured that are incomplete.

Explanation:

Rudiy272 years ago
5 0

Answer:

Consists of goods being manufactured that are incomplete.

Consists of materials to be used in the production process.

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The underlying reason why trade benefits both sides of a trading arrangement is rooted in the concept of __________________.
Marysya12 [62]

Answer:

opportunity cost

Explanation:

The concept of Opportunity cost deals with the idea that individuals, investors, or business owners, due to scarcity of resources, lost possible benefits that could be gained, as he or she chooses alternative choice.

Hence, the underlying reason or factor trade benefits both sides of a trading arrangement is rooted in the concept of OPPORTUNITY COST.

Therefore, the right answer is Opportunity cost.

7 0
2 years ago
According to the text, there are four different aspects of a decision that a business should evaluate in order to___ maximize pr
inna [77]

Answer: Legal, public relation, safety risk, financial.

Explanation:

The above are different aspects of a decision in order to maximize profit and be a good corporate citizen.

Financial decision taking with respect to capital structure.

Legal- legal rights and responsibilities.

Safety risk assessment and mitigation of safety risk.

Public relation communication that are strategic that builds mutually beneficial relationships.

3 0
2 years ago
Suppose you are planning a summer vacation and book a hotel room online for $149 a night. However, when you get to the reservati
Anettt [7]

Answer:

iii

Explanation:

Most of the time hotels will charge more when more rooms are booked, so when you book your hotel room, and many rooms are booked, most people do get charged more.

3 0
2 years ago
Management is considering replacing its blending equipment. The annual costs of operating the old equipment are $250,000. The an
e-lub [12.9K]

Answer:

$250,000

Explanation:

Since the purchase cost of an old equipment is already incurred and it does not have any kind of impact in decision making so this cost would be considered as the sunk cost i.e. $250,000

The operating cost of old & new equipment would be relevant for calculating the annual cost savings and the current selling value of the old equipment would also be relevant as salvage value

Therefore $250,000 would be considered  

5 0
2 years ago
Exercise 4-15A Calculate net cash flows (LO4-7) Below are several transactions for Meyers Corporation for 2021. Issue common sto
Maru [420]

Answer:

$12,600

Explanation:

Particulars                                                              Amount

a. Issue common stock for cash                            $40,000

b. Purchase building and land with cash,            -$25,000

c. Provide services to customers on account       $6,000

d. Pay utilities on building                                      -$500

e. Collect $4,000 on account from customers     $4,000

f. Pay employee salaries                                        -$8,000

g. Pay dividends to stockholders                          -<u>$3,900</u>

   Net Cash Flow                                                    <u>$12,600</u>

7 0
2 years ago
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