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Gre4nikov [31]
2 years ago
11

Flowchart of Accounts Related to Service and Processing Departments

Business
1 answer:
MakcuM [25]2 years ago
7 0

Answer:

Main route:

Smelting --> Rolling --> Converting --> Sheared Sheet

Secondary route     -->

Smelting --> Rolling -->  rolled sheet

1) Smelting trasnferred materials into Rolling

2) It will be part of that department work in process inventory

"WIP SConverting debit then factorty overhead credit"

Later it will be transferred out as a complete process therefore,

Finished good Inventory - Shared sheet

3) the Smelting department transfer the entire of his output into Rolling department

4) the finished good will become cost of good solg once they are sold.

·

Explanation:

We have to read he description of how the processing system works and check to whichdeparmtent are the goods being transferred or sold.

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Hitman42 [59]

Answer:

54,600

Explanation:

According to the scenario, computation of the given data are as follow:-

Particular                          Quantity of Raw Material (liters)

Required Raw Material                                   56,000

Add-Raw Material’s ending stock (52,000 × 35%) 18,200

Less-Raw Material’s opening stock(56,000 × 35%) 19,600

Budgeted material need for April                                 54,600

We simply applied the above format for determining the budgeted material needed for the month of April

5 0
2 years ago
The Danser Corporation expects to generate sales equal to $30,000 in January, $33,000 in February, and $38,000 in March. Twenty
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Answer:

101000

Explanation:

4 0
3 years ago
If a corporation pays $3 per share in annual dividends for each of the ten shares you purchase for $50 each what is the ROI
DENIUS [597]

If a corporation pays $3 per share in annual dividends for each of the ten shares you purchase for $50 each then the ROI is 2$.

<h3>How is ROI calculated?</h3>

An investment's return on investment (ROI) provides a general indication of its profitability. In order to calculate ROI, subtract the investment's initial cost from its final value, divide the result by the cost of the investment, and then multiply the result by 100.

<h3>What Constitutes a Solid ROI?</h3>

For an investment in stocks, a yearly ROI of 7% or more is typically regarded as a respectable ROI. This also refers to the average annual return of the S&P 500 after accounting for inflation.

To know more about ROI visit:

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5 0
11 months ago
Under SEC rules, the managers of certain funds are allowed to deduct charges for advertising, brokerage commissions, and other s
GarryVolchara [31]

Answer:

These kind of fees that are deducted for advertising and other sales expenses directly from the fund rather than billing investors is known as 12 B-1 charges.

Explanation:

This is a fee assessed from a mutual fund to it's investors. The managers instead of charging or billing the investors, deduct certain amount directly  from the fund itself. This is a type of annual marketing and distribution fee considered as operational expense and is included in a fund's expense ratio.

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2 years ago
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3 years ago
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