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vlabodo [156]
3 years ago
15

A job order costing system does which of the following? Select one: A. Is used to determine period costs in a service company B.

Is used to determine unit costs when products are manufactured in a continuous flow process C. Allocates manufacturing costs to individual jobs to determine unit costs D. Both A and B E. None of the above
Business
1 answer:
liq [111]3 years ago
4 0

Answer: C. Allocates manufacturing costs to individual jobs to determine unit costs

Explanation:

Job order costing is used to identify the cost of producing a single units of a good. It is usually used by small to medium scale companies who produce per good or by companies that specialize in the production of a custom goods and services.

Under job order costing, manufacturing costs are allocated to individual jobs in order to determine what the individual jobs cost so that an appropriate selling price can be given.

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List any five prohibited activities during foreign employment.​
Zinaida [17]

Answer:

Some of the things that those who work abroad who work abroad cannot do are: Vote for a political candidate from that country.

Explanation:

8 0
2 years ago
A small business invests $9,900 in equipment to produce a product. Each unit of the product costs $0.65 to produce and is sold f
Lelechka [254]

Answer:

To break even the company must sell

Explanation:

The position at which the company is at no profit and loss position then it is said that the company is at breakeven position.

Break-even position can be found from the following position:

Breakeven position = Fixed cost /  contribution per unit

The fixed cost here is initial investment which is $9900 and the contribution can be found by taking the difference between selling price per unit and variable cost per unit. The contribution per unit is $0.55 per unit ($1.2 - $0.65). By putting values in the above equation we have:

Breakeven position = $9900 / $0.55 per unit = 18000 Units

So 18000 units are required to sell to reach at a no profit no loss position.

3 0
3 years ago
You have $10,000 to invest - $3,500 in Company A, the remaining amount in Company B. The expected returns for these stocks are 2
mihalych1998 [28]

Answer:

The expected return on the portfolio is:

16.75%

Explanation:

a) Data and Calculations:

                                Company A      Company B      Total

Investment                  $3,500              $6,500      $10,000

Expected returns          20%                    15%

Expected returns ($)   $700                $975         $1,675

Expected return on

portfolio = $1,675/$10,000 * 100 = $16.75%

b) The expected return on the portfolio is calculated as the returns on the portfolio in dollars divided by the total investment in the two companies, multiplied by 100.  This gives a value in percentage terms.

6 0
3 years ago
The usefulness of the worksheet is?
Mice21 [21]

The worksheet is used for identifying the accounts that need to be adjusted, summarizing the effects of all the transaction of the period and adding the preparation of the financial statements.

<h3>What is a worksheet?</h3>

It is a document used in the accounting department for analyzing and ensuring accounting entries and records. It is the working space for entering the additional information about the accounting data.

Hence, option D is correct with respect to the worksheet.

To learn more about worksheet click on link given below:

brainly.com/question/2554742

#SPJ1

8 0
2 years ago
Suppose that when the price of a good decreases from $220 to $180, the quantity demanded of that good rises from 12 units to 14
Katarina [22]

Answer:

the price elasticity of demand is -0.77

Explanation:

The computation of the price elasticity of demand is as follows;

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)  

Here,

Change in quantity demanded is

= Q2 - Q1

= 14 - 12

= 2

And, average of quantity demanded is

= ( 14 + 12) ÷ 2

= 13

Change in price  is

= P2 - P1

= $180 - $220

= -$40

And, average of price is

= ($180 + $220 ) ÷ 2

= 200

So, after solving this, the price elasticity of demand is -0.77

4 0
3 years ago
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