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Airida [17]
3 years ago
15

A process cost system would be appropriate for a a.jet airplane builder b.custom cabinet builder c.catering business d.natural g

as refinery
Business
1 answer:
lozanna [386]3 years ago
3 0

Answer:

D. Natural gas refinery

Explanation:

Processing cost system is when identically units are mass produced. It involves assigning materials, factory labour, overhead cost and so on in an effort to value finished goods inventory. Process cost involves allocation of cost for different set in each process. It helps in determining total cost of producing a unit of commodity. It is best suited for the natural gas refinery because of the various steps involved in the processing and manufacturing of products as cost can be identified and allocated for each steps and also because what is produced are identical units which are mass produced.

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You have just received a windfall from an investment you made in a​ friend's business. She will be paying you $ 39 comma 769 at
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Answer:

Instructions are listed below

Explanation:

Giving the following information:

She will be paying you $39,769 at the end of this​ year, $79,538 at the end of next​ year, and $119,307 at the end of the year after that​.

The interest rate is 11.7 % per year.

A) We need to use the following formula:

NPV= Cf/[(1+i)^n]

NPV= 39769/1.117^1 + 79538/1.117^2 + 119307/1.117^3

NPV= 184,958.1

B) We need to use the following formula:

FV= PV*(1+i)^n

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8 0
3 years ago
Companies can and often do use different costing methods for financial reporting and tax reporting. An exception to this is the:
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Answer:

LIFO conformity rule.

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Therefore the correct answer is LIFO conformity rule.

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3 years ago
Hayden Company expects its November sales to be 20% higher than its October sales of $160,000. All sales are on credit and are c
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Developing a pricing structure that encourages customers to buy additional services that they don't need in order to obtain the
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Marketing tactics include different actions. One is to develop a pricing structure that encourages customers to purchase additional services they don't need.

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According to the above, marketing has ways to identify consumer purchasing trends and understands how buyers' thinking works. Marketing can develop strategies focused on the buyer acquiring goods or services that he does not need, one of them is prices or discounts.

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6 0
2 years ago
Vandy Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balance
Burka [1]

Answer:

See below the statement of Cash flow from Vandy Corporation.

Explanation:

Vandy Corporation

Statement of Cash Flow

CASH FLOW FROM OPERATING ACTIVITIES:

Net Income                                                                                     $104

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation on Fixed Assets ($349-$319+$12)                             $42

Gain on Sale of Equipment                                                              ($16)

(Increase) Decrease in Current Assets:

Accounts Receivables                                                                       $12

Inventory                                                                                             $2

Increase (Decrease) in Current Liabilities:

Accounts Payable                                                                              ($1)

Accrued Liabilities                                                                              ($1)

Income taxes payable                                                                        $4

Net Cash provided by Operating Activities                                $146

CASH FLOWS FROM INVESTING ACTIVITIES:

Proceeds from sale of Equipment                                                    $18

Purchase of Property, plant and equipment ($684-$550+$14)     ($148)

Net Cash Flow from Investing Activities                                      ($130)

CASH FLOWS FROM FINANCING ACTIVITIES:

Bonds Payable                                                                                       $13

Issuance of Common Stock                                                                   $1

Payment of Dividends                                                                       ($28)

Net Cash from Financing Activities                                                ($14)

Net Increase (Decrease) in Cash                                                        $2

Opening Cash Balance                                                                       $29

Ending Cash Balance                                                                           $31

6 0
3 years ago
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