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Black_prince [1.1K]
3 years ago
11

LO 5.5In a process costing system, which account shows the overhead assigned to the department?

Business
1 answer:
Elina [12.6K]3 years ago
5 0

Work in process inventory

Explanation:

The overall costs assigned to the department is shown in a costing system for "work in the process inventory"

Work in the process stock shows all costs of the product manufacture and the applicable overhead is also charged to the process stock account.

With goods at various stages of the production process, the WIP applies to the raw materials, the work and overhead costs involved. WIP is part of the balance sheet inventory asset account. These costs will then be converted to the finished product account and ultimately to sales costs.

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Suppose that the equilibrium price of greeting cards declined at the same time the equilibrium quantity of greeting cards increa
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Answer:

The answer is: A) A decrease in the price of paper used to make greeting cards.

Explanation:

In normal market conditions, an increase in the equilibrium quantity of greeting cards means that the quantity demanded and the quantity supplied of greetings cards increased. Usually an increase in the quantity supplied will result in an increase of the price of the good or service. But on this specific case something else made the price of the cards decrease. The only one of the four possible options that can explain an external cause for a decrease in the price of greetings cards, is a decrease in the price of paper used to manufacture them.  

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Why is it easier paying your bills using the online bill pay feature with your checking account?
nataly862011 [7]

Answer:

Online bill pay helps you organize bills and keep track of due dates. It also makes it easier to see where your money is going, so you can make sure you have enough funds available to cover each payment. You receive and pay your bills all through your bank  — one list, in one place.

Explanation:

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3 years ago
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An external search.

STEP-BY-STEP EXPLANATION:

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Answer:

The correct option is A,can be converted into cash with low transaction costs.

Explanation:

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Secondary reserves refer to the extra reserves maintained by the banks over and above the minimum regulatory reserve requirement mandated on banks by the Federal Reserve System.The Federal Reserve System as it is popularly known is the central bank in the US.

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