Answer:
a. The cost of products that are partially complete = 6. Work in progress inventory
b. The function of keeping activities in accordance with plans = 5. Controlling
c. Primarily concerned with internal users and reports pertain to subunits of the entity. = 1. Manangerial Accounting
d. Materials that can be physically and directly associated with manufacturing a product. = 7. Direct materials
e. The function of setting goals and objectives. Indirect costs of manufacturing a product. = 3. Planning
f. Primarily concerned with external users and reports pertain to the entity as a whole. = 2. Financial accounting
g. Costs that are noninventoriable. = 9. Period costs
h. All business processes associated with providing a product or service. = 10. Value chain
i. The function of coordinating diverse activities to produce a smooth-running operation. = 4. Directing
Explanation:
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lantern information east ave
Answer:
Generally real estate liens are prioritized following a temporal order, from first to last. This applies to all liens except taxes. Taxes are always first and they are collected before any other lien in the event of a foreclosure.
In this case, the following priority would go to the mechanic's lien from the the general contractor (as a result from court order), then the mortgage, and finally the other creditors.
Answer:
$750
Explanation:
Since Iba's estimate of returned products is 20 units for both year 1 and 2, and only 10 units have been returned by the end of year 1, they must record a refund liability = 10 units x selling price = 10 units x $75 per unit = $750
Refund liability should represent the total amount that Iba considers that its clients are entitled to receive.
Answer:
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