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shutvik [7]
2 years ago
15

Backflush costing is a costing method that: Charges current production costs directly to finished goods inventory. Charges curre

nt production cost directly to work-in-process inventory. Charges current production costs using actual costs incurred.
Business
1 answer:
pychu [463]2 years ago
7 0

Answer:

Charges current production cost directly to work-in-process inventory

Explanation:

The blackflush costing is the costing method in which the present cost of production would be charged to the work in process inventory in a direct way

Therefore as per the given situation the second option is correct

ANd, the rest of the options are wrong as it does not meet the criteria

So the second option would be taken into consideration

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Suppose the market price increase. Which statement is correct?
vladimir2022 [97]

Answer:

C

Explanation:

If the market price of a good increases, quantity demanded decreases and quantity supplied increases. This is in line with the law of demand and supply respectively.

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

3 0
3 years ago
Cork inc. declared a $160,000 cash dividend. it currently has 6,000 shares of 6%, $100 par value cumulative preferred stock outs
BaLLatris [955]
Cork has to pay preferreds first. Owe 6000 x 6 or 36,000 to preferred holders. So 160k - 36k = $124k left for common.
3 0
2 years ago
You just won a state lottery! The lottery offers you a choice: you may choose a lump sum today, or $89 million in 26 equal annua
deff fn [24]

Answer:

the lump sum that would equal the present value of the annual installments is $38,163,612

Explanation:

The computation of the lumspum amount is as follows;

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= $89 million × (1 - (1 + 0.0765)^-26) ÷ 0.0765)

= $38,163,612

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Therefore the above is calculated by applying the given formula

7 0
3 years ago
The six steps for recording a business transaction in the general journal are shown below, out of order. In your working papers
GREYUIT [131]

Answer:

The answer is "Option D, F, E, B, A, and C".

Explanation:

please find the complete question in the attached file.

Please find the choice order in the attached file.

$125 paid with one week invoice 300 for a customer's docking dog

5 0
3 years ago
Choosing a differentiated targeting strategy has many​ benefits, but a potential downside is that​ __________.
Nesterboy [21]
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3 years ago
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