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REY [17]
3 years ago
10

Baxter company produces children's wiffle ball sets using a three-step sequential process that includes molding, coloring, and f

inishing. when the sets are completely finished, out of which account should the cost be transferred?
Business
1 answer:
Nikitich [7]3 years ago
3 0
<span>when the sets are completely finished, the cost should be transferred to: </span>W<span>IP inventory-Finishing
WIP stands for work in progress, which is an account to placed all the amount of manufactured product that still not ready to be sold to the market.
Since the manufacter process is in finishing stage (coloring/packing), the appropriate account should be </span>WIP inventory-Finishing
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If the total assets to equity ratio of a company is increasing, it is possible that:
AVprozaik [17]

When the proportion of the total assets to equities ratio increases, it is an indication that the company is less dependent on the debts of creditors.

<h3>What is assets to equity ratio?</h3>

The assets to equity ratio represents the number of assets earned by an organization with the use of debt resources. If such ratio increases, the use of debts is lowered by the company.

An increase in the assets to equity ratio also indicates that the company is operating at very low risks of losing money, acquired through debt mode.

Hence, option B holds true regarding the assets to equity ratio.

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6 0
2 years ago
Please explain how your past personal and professional experience make you a quality candidate for the position for which you ar
PolarNik [594]
If I was applying for a freelance job about writing about gems and geology for example, I would explain that I have over 40 years of professional experience as a practicing mainly field geologist with 19 years of it in a large producing open pit copper/molybdenum/gold/silver operation. I would stress that with so much field experience I am able to visualize many mining/geological situations and I am both very practical and very theoretical. Also, I would say that I have just written a book about the history of mining and geology so have considerable valuable writing experience plus doing some geological reports on the internet. Also, since I understand that such work could require talking to people in other countries and since Latin America has some valuable gems like emeralds,  and since I learned Spanish while travelling in Latin America, I will be able to do phone research for such mineral occurrences. 
3 0
3 years ago
Hill Manufacturing uses departmental cost driver rates to apply manufacturing overhead costs to products. Manufacturing overhead
Natasha_Volkova [10]

Answer:

a. Manufacturing overhead allocation rate for each department.

<u>Machining Department</u>

Overhead allocation rate =  $2.50

<u>Assembly Department</u>

Overhead allocation rate = $4.00

b.  total cost of Job #846 is $6,505

Explanation:

a. Manufacturing overhead allocation rate for each department.

<u>Machining Department</u>

Overhead allocation rate = Overhead / Machine hours

                                          = $250,000/ 100,000

                                          = $2.50

<u>Assembly Department</u>

Overhead allocation rate = Overhead / direct labor-hours

                                          = $360,000/ 90,000

                                          = $4.00

b.  total cost of Job #846

Direct material cost :

Machining                               $2,700

Assembly                                 $1,600

Direct labor cost    :

Machining                                $ 400

Assembly                                 $ 900

Overhead Costs   :

Machining ( $2.50 × 170)        $ 425

Assembly ( $4.00 × 120)         $ 480

Total Cost                               $6,505

5 0
3 years ago
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. In 2010, an auction hous
sasho [114]

Answer:

rate of interest  = -12.90%

Explanation:

The computation of the annual rate of return is shown below:

As we know that

Future value = Present value * (1 + interest rate)^number of years

$1,130,000 = $1,710,000 × (1 + interest rate)^3

0.660819 = (1 + interest rate)^3

0.8710 = 1 + interest rate

So, the rate of interest is

rate of interest  = -0.128981

rate of interest  = -12.90%

4 0
3 years ago
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snow_lady [41]

Answer:

planning                                                  

Explanation:

Planning is the method of focusing on the actions needed to achieve a specific purpose. Achieving desired outcome is the first and probably most important activity. This involves creating and managing a strategy, like psychological side that include analytical competencies. There are indeed a few assessments to assess the skill of someone to plan effectively.

The planning process has been extensive and is appropriate for many professions. There are different kinds of strategies in each sector that help businesses achieve productivity and efficiency. An important element of planning, though often neglected, is the connection it has to forecast.

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