Answer:
The correct answer is B.
Explanation:
Giving the following information:
The current price of a market basket of goods is $2,500 and the base year price of the same market basket is $2,000.
To calculate the price index we need to make a simple division:
Price index= P1/P0
PI= 2,500/2,000= 1.25*100= 125%
Answer: See explanation
Explanation:
The year-end adjusting entry to record the cost side of sales returns and allowances will be:
Dr Inventory Return estimated $3200
Cr Cost of goods sold $3200
(To record expected coat of returns)
Note that the above calculation was done as:
= $64,000 × 5%
= $64,000 × 0.05
= $3200
The type of credit that is used for utilities is : Service credit
With service credit you can make it easier to pay utility bills such as gas, electricity, water, phone services, etc under one account
hope this helps
Answer:
E.)Praise by supervisors for their honesty
Explanation:
Answer:
a.They must be an integral part of the finished product and be a significant portion of the total product cost
Explanation:
The direct material is the material cost which is directly related to the process of the product at the time of manufacturing the product
It can be an integral part of the finished goods as finished goods are come from direct materials and the work in process cycles.
Moreover, it also included in the total product cost along with the direct labor cost and the manufacturing overhead cost