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hoa [83]
4 years ago
11

A process costing system:

Business
1 answer:
adell [148]4 years ago
7 0

Answer:

C. uses a separate Work-in-process account for each processing department.

Explanation:

A process costing system -

The term of process costing system is used in the method of cost account .

Where it refers to the method to assign and collect the cost of the goods and services manufactured per unit , is referred to as the process costing system .

The method is very efficient and useful during the production of goods and services in large quantities .

The method is appropriate for different department , where each department is assigned a separate processing method i.e. , if in company there are three major departments , then each department is assigned a specific process costing system , which is specific for a specific department .

Hence , from the question ,

The correct answer is c.  

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Barber and Atkins are partners in an accounting firm and share net income and loss equally. Barber's beginning partnership capit
Tatiana [17]

Answer:

Barber's Return on Equity (ROE) is 1.28%

Explanation:

The formula to compute the ROE of Barber is:

ROE = Net Income / Shareholder's Equity

        = $250,000 / $195,000

        = 1.28%

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Working Note:

Shareholder Equity of Barber = Beginning capital - Withdrew amount

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5 0
3 years ago
Sissac Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The
agasfer [191]

Answer:$163  which is favorable

Explanation:

Standard Cost per month is given as =Actual Quantity  ×  Standard Rate

=   Actual activity for number of jobs per month × Standard rate per job  + Actual activity for meals× standard  Rate per meal + Cost of Catering supplies    

=  9 jobs×$101 per job    + 126 meals × $24 per meal  +$470

=  $909 + $3,024  + $470 = $4,403

Also, Spending Variance =  Actual cost of Catering in May- Standard cost of catering per month.

$4,240- $4,403= $163---- Favorable . This is because the actual  cost for catering supplies  is less than the Standard cost estimated.

​

8 0
3 years ago
Polly secured a good grade with a 4 GPA in her admission test. However, she was denied admission by a management school. Hence,
laiz [17]

Answer:

i think correct answer us c

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What activity is designed to generate a listing of potential clients?
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What kind of strategy is being used when a company puts coupons in front of the product at the grocery store?
vladimir2022 [97]

Answer:

d

Explanation:

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