Answer:
True
Explanation:
The correct option is - True
Reason -
When the company is considering the quantities in stock available at the end of the month in duly setting their reorder level that indicates it creates buffer stock in company's account and not following just-in-time model, whereby the quantity being ordered when there is demand for the same.
Hereby the investment cost occurred while maintaining the inventory will be higher as comparison to just-in-time inventory model as the money is blocked in the inventory and it will be recovered only when the inventory being sold.
The only item with no entry in assets on his balance sheet is <u>B) the interest expense</u>.
<h3>When is an accounting entry for assets made?</h3>
The accounting entry for assets is made when an asset increases or decreases in value.
For instance, the interest expense may not necessarily affect the assets because it is not stated if it has been paid in cash or not. However, the expired insurance policy, depreciation, and payment of dividends affect these asset accounts:
- Prepaid Insurance,
- Long-term asset
- Cash.
<h3>Answer Options:</h3>
A) the expired insurance policy
B) the interest expense
C) the depreciation
D) the dividend
Thus, the only item with no entry in assets on his balance sheet is <u>B) the interest expense</u>.
Learn more about assets and balance sheets at brainly.com/question/24534918
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Answer: fund
Explanation:
Outsourcing simply has to do with when a particular company hires an outside company to help with a particular job function which was originally done by the hiring company.
It should be noted that this will only make financial sense if the entrepreneur has sufficient funds than the time. In a scenario, wherby there's no fund available, then the company should be able to do whatever it wants to do itself.
Angela could have easily done to prevent this problem from occurring
is that she should double check the “To” and “Cc”, in which this will allow her
to confirm whether the message that she sent was particularly send to the
specific person and not to be sent to all of the people on her contacts.
Answer:
The total cost of direct material purchases for October is $6,788
Explanation:
For computing the total cost, first, we have to find the production cost which is shown below:
= October units + November or ending units × percentage given - October or beginning units × percentage given
= 4,500 units + 4,750 units × 10% - 4,500 units × 10 units
= 4,500 units + 475 units - 450 units
= 4,525 units
Now the total cost of material would be
= Production units × number of ounces × price per ounces
= 4,525 units × 3 ounces × $0.50
= $6,788
