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3 years ago

In the trial balance, all the accounts with debit balances are listed before the accounts with credit balances.

Business

1 answer:

Jet001 [13]3 years ago

3 0

Answer:

False

Explanation:

The trial balance is prepared at the end of a counting period after all the accounts have been closed. The trial balance captures all the debits on one side and credits on the other. If the trial balance does not balance, it signifies errors in the general ledger. A balanced trial balance does not guarantee the absence of errors.

In preparing a trial balance, accountants usually follow the order of accounts as they follow each other as per the general ledger. It is not a requirement that either debits or credits come first.

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Ma Barker Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply man

Sophie [7]

Answer:

Job 334 total cost: $ 8,400

Unit cost: 8,400 / 200 = $ 42

Explanation:

Total cost: Material + Labor + Overhead

Material: 5,000

Labor: 2,400

Overhead:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

We distribute the expected cost over the expected base:

expected cost: 100,000

cost driver: 40,000 labor hours

cost per hour: 100,000 / 40,000 = 2.5 predetermined overhead

Now we multiply this rate by the hours of the job to know Applied Overhead:

job labor hours x overhead rate:

Job #334 had 2,400 labor cost / $6 rate per hour = 400 hours

400 x 2.5 = 1,000

Total cost: 5,000 + 2,400 + 1,000 = 8,400

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3 years ago

Kinsi Corporation manufactures five different products. All five of these products must pass through a stamping machine in its f

marissa [1.9K]

Answer:

Also please mark brainslet and sorry if wrong. Have a blessed day!:)

Explanation:

All five of these products must pass through a stamping machine ... ... All Five Of These Products Must Pass Through A Stamping Machine In Its Fabrication Department. This Machine Is Kinsi's Constrained Resource. Kinsi Would Make The Most Profit If It Produces The Product That: A)

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3 years ago

Sharon spent the weekend with her friend amelia. amelia proposed a plan for shoplifting cd's from a local music store. sharon wa

Hatshy [7]

In the given situation, Amelia is wrong. Anyone who is fully aware and supported any criminal acts is considered a violator of the law. All people who participated in a criminal act is guilty of the crime.

However, it will only be punishable if there are witnesses and evidence.

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4 years ago

CarCut Corporation has been employing the Fixed-Order Quantity model to manage the inventory of its best selling 3D printer. The

vfiekz [6]

Answer: See explanation

Explanation:

The optimal reorder point in units is calculated as the average daily sales unit multiplied by the delivery lead time.

In the question, we're not provided with the annual demand as this is vital in order to know the average daily unit. Therefore, the question is incomplete

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3 years ago

during the second stage of the ethical decision-making process, managers must determine whether a proposed decision would violat

nikdorinn [45]

When a manager needs to make a decision using the ethical decision-making process and reaches the second stage, they check whether the decision violates the c. fundamental rights of any stakeholders

The ethical decision-making process involves making decisions that are consistent with the relevant ethical views of the company which it draws from the society it is based in.

The second stage of this process involves checking whether the ethics involved in a certain decision, would violate the fundamental rights of shareholders which include:

The right to ownership
The right to Dividends
The rights to evaluate corporate decisions
The right to voting power

This is to ensure that the shareholders are taken care of because the first duty of a manager is to their shareholders.

In conclusion, managers need to check whether a decision affects the fundamental rights of shareholders before they embark on it.

Find out more at brainly.com/question/8864856.

The options for this question include:

a. utilitarian beliefs

b. the global commons

c. the fundamental rights of any stakeholders

d. home country values

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3 years ago