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Fudgin [204]
3 years ago
14

__________ is defined as a customer's subjective evaluation of benefits relative to costs to determine the worth of a firm's pro

duct offering relative to other product offerings. select one:
a. quality
b. value
c. price
d. breakeven cost
e. opportunity cost
Business
1 answer:
frutty [35]3 years ago
7 0
Value is defined as a customer's subjective evaluation of benefits relative to costs to determine the worth of a firm's product offering relative to other product offerings.
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Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,770 and two j
maxonik [38]

Answer:

Explanation:

WORK IN PROCESS INVENTORY    

May 1 balance 3770 May 31 Finished Goods 9234

31-May Material 11470    

31-May labour 13870    

31-May Overheads 9431.6    

may 31 Balance 29307.6    

JOB COST SHEET      

Job no. Beg. WIP Material Labour Overheads Total  

430 1340 3850 3400 2312 10902  

431 0 4680 8170 5555.6 18405.6  

TOTAL 1340 8530 11570 7867.6 29307.6  

Note: Total cost of Job 429 transferred to Finished goods:  

Beginning cost  2430    

Add: Material  2940    

Add: Labour  2300    

Add: Overheads (2300*68%) 1564    

Total cost of Job 429  9234  

4 0
3 years ago
Case D. Stewart Company reports the following inventory record for November:
worty [1.4K]

The cost of ending inventory and the cost of goods sold under each of the following methods: Under the LIFO method, Sales Less: Cost of Goods sold Gross Profit less: Selling, admin, depreciation Income before.

Final in, first out (LIFO) is a technique used to account for inventory. beneath LIFO, the expenses of the maximum recent products bought (or produced) are the primary ones to be expensed. LIFO is used most effectively inside the USA and governed via the commonly ordinary accounting standards (GAAP).

The LIFO method is used within the COGS (value of products sold) calculation while the fees of manufacturing a product or obtaining inventory have been growing. this will be because of inflation.

The ultimate-In, First-Out (LIFO) method assumes that the last unit to arrive in stock or greater latest is offered first. the first-In, First-Out (FIFO) approach assumes that the oldest unit of inventory is sold first.LIFO effects decrease internet earnings because the price of products offered is better, so there may be a decrease in taxable profits.” decreased tax legal responsibility is a key reason some organizations decide on LIFO.

Learn more about LIFO here: brainly.com/question/24938626

#SPJ4

5 0
1 year ago
Carly’s Clips charges for their grooming services based on the following:________.
Novay_Z [31]

Answer: $256

Explanation:

Using time and materials pricing, the total price for a job requiring 3 direct labor hours and $54 of materials will be calculated as:

Materials = $54

Add: Materials markup = 30% × $54 = 0.3 × $54 = $16.2 = $16

Add: Labour = 3 × $62 = $186

Total price of job = $256

7 0
2 years ago
F7 Balikan
Goshia [24]

Answer:

1. Ang mga mamamayan ay maaaring lumahok sa kalahok na demokratikong gobyerno sa pamamagitan ng dalawang paraan pangunahin

a) Sa pamamagitan ng pagboto kung saan pipiliin nila ang kanilang kandidato

b) Sa pamamagitan ng paglapit sa mga nahalal na kandidato na may mga mungkahi

2. Sa aking Barangay, ang mga mamamayan ay aktibong lumahok sa pagboto

3. Ang promosyon ng pakikilahok ng mamamayan ay lalong nagpatibay ng kumpiyansa ng mga tao sa kanilang napiling kandidato dahil nais ng kandidato na aktibong lumahok sila.

Explanation:

1. Ang mga mamamayan ay maaaring lumahok sa kalahok na demokratikong gobyerno sa pamamagitan ng dalawang paraan pangunahin

a) Sa pamamagitan ng pagboto kung saan pipiliin nila ang kanilang kandidato

b) Sa pamamagitan ng paglapit sa mga nahalal na kandidato na may mga mungkahi

2. Sa aking Barangay, ang mga mamamayan ay aktibong lumahok sa pagboto

3. Ang promosyon ng pakikilahok ng mamamayan ay lalong nagpatibay ng kumpiyansa ng mga tao sa kanilang napiling kandidato dahil nais ng kandidato na aktibong lumahok sila.

8 0
2 years ago
How does innovation promote economic growth?
Dafna11 [192]
C. Innovation is the creation of new, original ideas. Inventors are usually described as innovative. New inventions create new markets.

Hope this helps!
4 0
3 years ago
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