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3 years ago

A process costing system:

Business

1 answer:

adell [148]3 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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Answer:

Option B

Explanation:

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Irrelevant costs include factors which will not be impacted by a management action, whether positively or negatively. Consequently, unnecessary factors, such as static overhead as well as sunken factors, are overlooked in making the choice. Nonetheless, in addition to ultimately save the company it is important for a management to be able to discern an insignificant expense.

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3 years ago

The Utah Mining Corporation is set to open a gold mine near Provo, Utah. According to the treasurer, Monty Goldstein, "This is a

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Answer:

IRR = 13.05%

Explanation:

using an excel spreadsheet, the cash flows are:

year 0 = -$3,200,000

year 1 = $425,000

year 2 = $425,000 x 1.08 = $459,000

year 3 = $459,000 x 1.08 = $495,720

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year 5 = $578,208

year 6 = $624,464

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year 9 = $786,645

year 10 = $849,577

year 11 = ($849,577 x 1.08) - $480,000 = $917,543 - $480,000 = $437,543

IRR = 13.05%

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3 years ago

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Answer:

$ 25

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3 years ago

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Answer:

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The answer is A and B respectively

Explanation:

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When you see in isolation, relevant risk would be the standard deviation.

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