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3 years ago

The Consumer Price Index is a way that the U.S. government measures ____.

Business

1 answer:

Ludmilka [50]3 years ago

3 0

Answer:

prices of all goods and services bought by US households

Explanation:

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The placing of direct materials into the production process is recorded by an entry debiting:_________.A. Materials Expense.

Alik [6]

Answer: C. Work in Process Inventory.

Explanation:

When Raw Materials are purchased they are simply put into the Materials Account.

When the company needs to start working on them however, they will transfer the raw materials to the Work in Progress account which records the Direct Materials and Direct Labor that are used in the Production process. By Debuting this account they indicate that the materials in it have increased.

5 0

3 years ago

while setting up his new office, an attorney ordered thick, frieze carpets for the floor. however, the building inspector had h

Virty [35]

<span>The fact that according the </span><span>building inspector </span>the office must be wheelchair accessible as it is a public area illustrates how a company is influenced by the industry regulation component of its specific environment. The industry regulation sets a framework and standards for companies.

4 0

3 years ago

Using the information below for Sundar Company; determine the total manufacturing costs added during the current year:

defon

Answer: $96,500

Explanation:

Manufacturing cost includes all the costs that went into production in a period including direct costs and manufacturing overhead:

= Direct materials + Direct labor + Manufacturing Overhead

Manufacturing overhead = Beginning work in process + Factory overhead - Ending work in process

= 11,200 + 52,600 - 11,800

= $52,000

Manufacturing cost = 19,500 + 25,000 + 52,000

= $96,500

3 0

3 years ago

The Playa Company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). R

Zinaida [17]

Answer:

Explanation:

using the following formulars

Net purchase = (Gross Purchase) - (purchase return) - (purchase discount) + freight-in

Beginning inventory + Net purchases = cost of goods available for sales

Cost of goods sold = cost of goods available for sale - ending inventory

for 2013 we have that

beginning inventory = cost of goods available for sale - net purchases

Net purchases = 630 - 24 - 18 + 13 = 601

2013, beginning inventory = 876- 601 = 275

Ending inventory = 876 - 627 = 249

2014,

Begning inventory = closing inventory of 2013 = 249

Cost of goods available for sale = 621 + 225 = 846

Net purchase -Cost of goods available for sale - beginning inventory = 846 - 249 = 597

Gross purchase = 597 + 15 + 30 - 32 = 610

2015

Cost of good sold = 800 - 216 = 784

Net purchase = 800 - 225 = 575

purchase discount = 585 -575 - 14 + 16 = 12

4 0

3 years ago

An example of a tying arrangement is______ a. a restaurant offering both Pepsi and Coca-Cola products. b. a car manufacturer ins

ikadub [295]

Answer:

The correct answer is letter "B": A car manufacturer installing expensive onboard GPS/navigation systems in all the cars it sells.

Explanation:

A tying agreement is the type of contractual arrangement where a seller offers other(s) product for the purchase of one good as a part of only one bundle. The secondary product might not be necessary but the seller offers it mainly to generate more profit. Tying arrangements are considered anti-competitive practices.

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3 years ago