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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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A company uses the departmental overhead rate method. Total overhead costs are $5,000,000. Of this total, the machining departme
AleksAgata [21]

Answer:

Allocation rate Machining= $50 per machine hour

Explanation:

Giving the following information:

Estimated Machining cost= $4,000,000

Estimated Number of machine hours= 80,000

<u>To calculate the allocation rate for the Machining department, we need to use the following formula:</u>

Allocation rate Machining= total estimated costs for the period/ total amount of allocation base

Allocation rate Machining= 4,000,000 / 80,000

Allocation rate Machining= $50 per machine hour

4 0
3 years ago
In economic terms, what is the term used for the loss of other alternatives when one alternative is choosen
yulyashka [42]
C. opportunity cost is the benefit not received as a result of not selecting the best option
7 0
3 years ago
Which of the following is used by entrepreneurs
amid [387]

Answer:

i think it's merger or majority interest

5 0
3 years ago
Lito works for a business that is part of a large corporation with many diverse business lines that operate autonomously. Lito’s
irinina [24]

Answer: Conglomerate structure

                           

Explanation: In simple words, conglomerate structure refers to the structure under which many entities operate in different industries under a single corporation. In other words, it is a different name for parent subsidiary relationship.

In the given case, Lito group owns different firms in different industries. Hence from the above we can conclude that the group uses conglomerate structure.

4 0
3 years ago
it usually takes less than two years for it investment to result in a significant increase in productivity in large firms. True
Maru [420]

It usually takes less than two years for its investment to result in a significant increase in productivity in large firms False.

Computerized issuer order entry (CPOE) refers back to the technique of vendors coming into and sending remedy instructions – along with medication, laboratory, and radiology orders – through a pc utility in preference to paper, fax, or telephone.

In economics, productiveness refers to how plenty output may be produced with a given set of inputs. Productivity will increase while greater output is produced with the equal quantity of inputs or while the equal quantity of output is produced with much less inputs. There are broadly used productiveness concepts.

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8 0
1 year ago
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