Answer:
No
Explanation:
This was a mistake on the retailers part for not training the clerk. The clerk would be at fault and may have to pay or have a paycheck reduction due to his mistake.
Answer: $78.25
Explanation:
The Southern Division is willing to pay $78.25 to an outside company for this part that it needs.
In the same vein, the maximum therefore that they would be willing to pay for the Western Division should be $78.25 as well because anything higher than that would constitute an Opportunity Cost loss.
They should go for the cheaper option and if buying from the Western Division exceeds the $78.25 then it is loss on their part. Western Division should charge the same or less.
A company would trace direct-material cost to each product produced and use a predetermined application rate for conversion cost.
Explanation:
In this operation costing system the cost of the operation and the process cost are in parallel with the conversion cost and when when a company uses this they trace the direct material cost to each of the product produced and they predetermine the application rate of the conversion cost
The raw materials are manufactured in one way and the individual products are manufactured in another way and hence there is a mix of both the jobs and the prices may vary. Hence to avoid this confusion operation costing system was introduced
Medical Association of Billers is the insurance claims organization that offers certification as a certified medical Billing specialist. It is a membership organization that provides health care billing training and education, CEUs, and the cerified Medical Billing specialist (CMBS) exam.
Answer:
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