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3 years ago

Verifying a source’s author, publisher, and sponsor is an example of checking the source’s:

Business

1 answer:

svetoff [14.1K]3 years ago

3 0

Authenticity, if it’s been plagiarised then it’s not authentic and has been coppied

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A total materials variance is analyzed in terms of quantity and quality variances. tight and loose variances. price and quantity

madreJ [45]

Answer:

price and quantity variances.

Explanation:

In Financial accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.

Total direct materials variance gives the difference between the budgeted cost and actual cost of a unit of goods produced.

Generally, a total materials variance is analyzed in terms of price and quantity variances used by a manufacturer in the manufacturing of a particular product.

7 0

2 years ago

Z-Mart appropriately uses the installment sales method of accounting for its installment sales. During 2013, Z-Mart made install

Tresset [83]

Answer:

Dr. Cr.

Sale

Account Receivable $300,000

Inventory $210,000

Deffered Gross Profit $90,000

Payment Receipt

Cash $135,000

Account Receivable $135,000

Profit Recognition

Deffered Gross Profit $40,500

Relaized Gross Profit $40,500

Explanation:

On sale a receivable is recorded and goods has been transferred to customer and its cost is been deducted from inventory. The Gross profit is deferred until the receipt of payment.

Deferred Profit = $300,000 x 30% = $90,000

Inventory cost = $300,000 - $90,000 = $210,000

Cash received from the customer, profit proportionated to the the cash receipt is realized gross profit.

Realized Profit = $135,000 x 30% = $40,500

5 0

2 years ago

Land was acquired in 2021 for a future building site at a cost of $41,500. The assessed valuation for tax purposes is $28,200, a

alexira [117]

Answer:

The land should be reported in the financial statements at $41,500

Explanation:

The company will report the asset value in the financial statements as their original purchase price of $40,300. Under Historical cost principle, the price of an asset on the balance sheet is always based on the original cost when the company purchased the asset. It follows the Generally Accepted Accounting Principles (GAAP) which is widely accepted. Therefore the land is reported in the financial statements at its purchase value of $41,500

8 0

2 years ago

Merry Maidens Cleaning generally charges $260 for a detailed cleaning of a normal-size home. However, to generate additional bus

kiruha [24]

Answer: $234

Explanation:

6 0

2 years ago

Read 2 more answers

Amortization is:Select one:A. The process of allocating to expense the cost of a plant asset to the accounting periods benefitin

Anvisha [2.4K]

Answer:

The correct answer is option B.

Explanation:

Amortization is a technique used in accounting. It involves the process of spreading payment over multiple periods. In accounting, amortization refers to the allocation of the cost of intangible assets over its lifetime.

For instance, amortization of a loan means spreading the interest and principal of the loan over its lifetime. It means fixed monthly payments of interest and principal.

4 0

2 years ago