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Viefleur [7K]
2 years ago
9

In the cost reconciliation report under the FIFO method, the costs to be accounted for equals the cost of beginning work in proc

ess inventory plus the cost of units transferred out.
a. True
b. False
Business
1 answer:
RSB [31]2 years ago
4 0

Answer:

Cost Reconciliation Report under FIFO Method:

The costs to be accounted for equals the cost of beginning work in process inventory plus the cost of units transferred out.

b. False

Explanation:

Instead, the costs to be accounted for under the FIFO method in the cost reconciliation report are equal to the cost of the beginning work in process inventory plus the cost of units started and completed during the period.  It is under the weighted-average method that the costs to be accounted for in the cost reconciliation report equal the cost of beginning work in process inventory plus the cost of units transferred out.

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1 year ago
In the new department she is setting up, Shondra decides that top managers will report to her and that everyone else will report
Drupady [299]

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<h3>What is Organizing in management functions?</h3>

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Thus, the management function Shondra performs here is <u>Option III</u>.

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7 0
2 years ago
What is the total manufacturing overhead assigned to the current order for Men's Razors if the firm uses a volume-based plant wi
Brut [27]

Answer:

$7,200

Explanation:

The computation of the total manufacturing overhead assigned is shown below:

= ($168,640 + $127,840 + $554,400 + $1,078,000) ÷ $514,368

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Now  

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8 0
3 years ago
The audit Mr. Chu is working on for a technology company is regulated. What does this mean?
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It means that the technology company will use the audit results to analyze risks. Thus option A is correct.

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7 0
2 years ago
Question 1(Multiple Choice Worth 10 points)
san4es73 [151]

Answer:

Option A, Increased mental stress

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Hence, option A is correct

8 0
2 years ago
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