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alukav5142 [94]
4 years ago
15

In a job-order costing system, manufacturing overhead applied is recorded as a debit to:

Business
1 answer:
8_murik_8 [283]4 years ago
3 0

Answer:

C. Work in Process inventory

Explanation:

As there are three cycles through which the product passes i.e raw material, work in progress and the finished goods

After going to work in progress, the next stage is finished goods through which the product passes and then finally the product is ready to sale

The manufacturing overhead deals with the indirect cost i.e indirect material, indirect labor, etc and then it reported to the debit side of the work in process inventory

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Which of these types of products usually involves the customer doing comparison shopping?
choli [55]

Normally customer does comparison shopping between consumer goods

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3 years ago
What is the term for fees that must be paid to the lender before a check for purchase can be released?
Studentka2010 [4]
Closing costs, just did it on apex
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3 years ago
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The competition between firms within a strategic group is:
Lelechka [254]

Answer:

The correct answer is A. Greater than the competition a member of a strategic group and companies outside that strategic group.

Explanation:

Companies that sell products or offer similar services to the same segment of the population are in a strategic group. For example, a haute cuisine restaurant and a fast food restaurant are both restaurants, but companies would be in different strategic groups, since they usually do not have the same customers. Similarly, a fashion boutique and a haute cuisine restaurant serve the same clientele, but they are in different strategic groups because companies offer different products. The examination of companies that operate within the same strategic group is called analysis of strategic groups.

This type of analysis is often discussed in conjunction with the market focus. In the market approach, the population of consumers is divided into market segments that share common characteristics such as education level, income, age and gender. Research companies study the general preferences of market segments and then use those preferences in gear products and services to specific market segments that are served by strategic groups.

6 0
3 years ago
Examine the information presented below for Perfect Fit Clothing Store’s first year of business. The Vice President of Sales cla
raketka [301]

Answer:

Explanation:

Cash flow statement should include items that are either received or paid for in cash. In the given case, the following items have been incorrectly reported

Issuance of Note for Truck is a non-cash transaction as well as Purchase of Truck with a Note. There is no cash involved with either transaction. Depreciation is listed in the sources of cash however depreciation is a non-cash operating expense and should not be included. The organization of the statement of cash flows presented in the question is not correct as well. Once organized in the correct manner and adjusted for the depreciation correctly the result is net increase in cash at 119,000 not 109,000. This shows that the Cash flow from operating activities provides a net income of -33,000 which is a loss

6 0
4 years ago
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Blue Corporation, a manufacturing company, decided to develop a new line of merchandise. The project began in 2018. Blue had the
umka21 [38]

Answer:

There will be no amortized value for for research and experimental expenditures will be considered for the year 2018 and 2019 as new product will be introduced for sale from July 2020.

Explanation:

total available amount of deduction for research and experimental expenditures is:

2018 - $500,000 + 90,000 + 8,000 + 6,000 + 15,000  

   = $619,000

2019- $600,000 + 70,000  + 11,000  + 8,000  + 14,000

          = $703,000

2020 - $0

Amortized value for research and experimental expenditures

= ($619,000+703,000)/60

= $22,033 per month

Amortized value for research and experimental expenditures for 2018

= $0

Amortized value for research and experimental expenditures for 2019

= $0

Amortized value for research and experimental expenditures for 2020 (from july to dec => 6 months)

= $22.033*6

= $132,198

Therefore, There will be no amortized value for for research and experimental expenditures will be considered for the year 2018 and 2019 as new product will be introduced for sale from July 2020.

7 0
3 years ago
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