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Ludmilka [50]
2 years ago
13

In a process operation, each process has a separate department which will accumulate costs for each of the following: Multiple s

elect question. administrative direct labor overhead sales direct materials
Business
1 answer:
Keith_Richards [23]2 years ago
6 0

Answer:

overhead

direct labor

direct materials

Explanation:

Process operations can be regarded as process manufacturing it can be explained as mass production method that is been followed when producing products following a continuous flow.

It can be regarded conveyer belt system which brings about production of identical as well as standardized item with fast rate as regards the speed. It should be noted that In a process operation, each process has a separate department which will accumulate costs for ;

✓overhead ( ongoing costs that is gotten in operation of a business)

✓direct labor

✓direct materials

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The most helpful kind of business and why?
agasfer [191]

Answer:

Hair Salon

Explanation:

An hair salon is the most helpful kind of bussiness besides chothing store's because your helping people with their hair and geting a lot of money from doing a curtain style.

5 0
2 years ago
The following data relate to the Torrence Company for May and August:
Zinaida [17]

Answer:

Total cost= $1,193,000

Explanation:

Giving the following information:

May August

Maintenance hours 25,000 29,000

Maintenance cost $1,175,000 $1,247,000

<u>First, we need to calculate the variable and fixed costs using the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (1,247,000 - 1,175,000) / (29,000 - 25,000)

Variable cost per unit= $18

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 1,247,000 - (18*29,000)

Fixed costs= $725,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 1,175,000 - (18*25,000)

Fixed costs= $725,000

<u>Now, the total cost for 26,000 hours:</u>

Total cost= 725,000 + 18*26,000

Total cost= $1,193,000

7 0
2 years ago
One timing problem with fiscal policy to counter a recession is a "recognition lag" that occurs between the:
Daniel [21]

Answer:

The correct answer is A

Explanation:

Recognition lag is the lag where there is time delay among when an economic shock like a bust or a sudden boom occurs and it is to be recognized by the central bankers, government and economists.

It is the timing problem with the fiscal policy for counter a recession is the recognition lag which occurs among the beginning of the recession and the time which it takes to acknowledge the recession which has started.

6 0
2 years ago
Using the letters above and the format below, indicate the balance sheet category in which an entity typically would place each
Alekssandra [29.7K]

Answer:

The balance sheet category in which an entity typically would place each of the following items:

1. _Non-Current Assets_ Long-term receivables

2. _(Non-Current Assets)__ Accumulated amortization

3. __Current Liabilities__ Current maturities of long-term debt

4. Page 192_Current Liabilities_ Notes payable (short term)

Explanation:

A company's balance sheet has three main categories: assets, liabilities, and owners' equity. The assets are usually classified as Current Assets or Non-Current (long-term) Assets.  On the other side of a balance sheet, there are the Liabilities and Owners' Equity.  The Liabilities are classified into Current Liabilities and Non-Current Liabilities.  Usually, the Owners' Equity is made up of Owners' Capital and Retained Earnings.

8 0
2 years ago
On the first day of its fiscal year, Scooter Co. purchased a computer system for a total cost of $50,000. The computer system is
Gnom [1K]

Answer:

$20000

Explanation:

Given: Total cost of computer system= $50000.

           Residual value= $5000.

           Useful life= 5 years.

Now, calculating depreciation expense as per double-declining balance method.

Depreciation\ expense= (cost- Accumlated\ depreciation)\times \frac{2}{useful\ life}

⇒ Depreciation\ expense= (\$ 50000- \$0)\times \frac{2}{5}

⇒ Depreciation\ expense= \$ 50000\times \frac{2}{5}

∴ Depreciation\ expense= \$ 20000

Hence, $20000 is the depreciation expense for first year as per double-declining balance method.

8 0
2 years ago
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