Answer:
All of the above would use process costing.
Explanation:
Process costing can be defined as a method of assigning manufacturing costs whereby the cost of each unit produced is assumed to be the same cost for every unit.
Process costing is most commonly applied when goods are produced in large numbers and when the costs linked to individual units cannot be easily differentiated from each other.
Under process costing, costs rise over a fixed period of time, and are then assigned to all the units produced throughout that period.
Answer:
t value is 1.495
Explanation:
The null and alternative hypothesis are :
H0 : mu = 1327
ha: mu > 1327
This is a one tailed test
Critical value = 1.771
at 0.05 significance level with df = 14-1 = 13
test statistics:
s = 411.53, n = 14
t = (xbar -mu)/(s/sqrt9n))
= ( 1491.43 - 1327)/(411.53/sqrt(14))
= 1.495
Decision:
Reject H0 if tstat > 1.771
Fail to reject H0
D. government total outstanding debt
A. A surplus
Answer:
A. Selection of the appropriate causal variable Y is important
Explanation:
We have this function, Y = f(X).
From this function we can see that Y is dependent on X. That is, it is a function of X. Y is not a causal variable. A causal variable is a variable that is able to influence the variable of interest. From this question Y is the variable of interest. It is the dependent variable. The independent variable is X and it is the causal variable.
Therefore the incorrect one is Selection of the appropriate causal variable Y is important
You should hire an accountant or bookkeeper as soon as your small business is up and running to assist you in keeping track of sales, costs, payroll, taxes, and other financial details.
The bookkeeper or accountant assists in keeping track of sales, costs, taxes, and other financial details. As soon as you establish a firm, you must engage someone to assist you with business organization and accurate accounting.
Researching rivals, evaluating the legal issues of your sector, taking into account your personal and business finances, being realistic about the risk involved, understanding time, and hiring aid are all recommended as effective initial steps in beginning a business, according to experts.
A business owner should have a certain set of abilities to reduce the risk of financial loss or failure. A successful entrepreneur has to be able to sell, communicate, concentrate, learn, and strategize well. Continuous learning is an essential entrepreneurial talent as well as a highly important life skill.
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