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Tema [17]
3 years ago
7

What is the best way to finance your own business?

Business
1 answer:
Kruka [31]3 years ago
4 0
I would say different things such as crowdfunding, bank loans, <span>start-up funds, factoring, and angel investors. Getting enough money to support your work, possible co-owners and workers, and even defining on the money taken in from customers will take some time to evaluate. </span>
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A process cost summary for a production department accounts for all costs assigned to that department during the period plus cos
tigry1 [53]

Explanation:

The process cost shows the summary of the activities related to the production. It includes the cost of goods completed & transferred units  and the ending work in process inventory.

So, the given statement is true

The indirect cost are come under the manufacturing overhead cost. So, it would be charged to overhead control account

Thus, the given statement is false.

The direct labor includes that labor which is directly related to the production process of a product. So the single production department is likely to be a direct labor

Thus, the given statement is true.

To record the allocation of overhead, the following journal entry is required

Work in Process Inventory, Baking Dept  A/c Dr $24,500

       To Factory overhead A/c $24,500

(Being the overhead allocation is recorded)

The computation is shown below:

= Direct labor cost  × allocation rate

= $10,000 × 245%

= $24,500

Thus, the given statement is true.

7 0
3 years ago
Bob is a manager at dow corning who has lost five of his employees during the last year. now he has to make a decision about how
Korolek [52]
I believe that the problems Bob is going Face is...he will struggle with Ideas and he will have many Diclamers along the way
8 0
3 years ago
The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called a(n) ___________
mel-nik [20]
The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called .. Ledger.
8 0
2 years ago
Which of the following is NOT a benefit of specialization and trade? Select one: a. Increase in productivity from specialization
lbvjy [14]

Answer:

b. It creates equality throughout society

Explanation:

Specialisation & Trade refer to tendency of countries to produce goods of their specialisation & trade them with each other , rather than each country producing each good.

It leads to increase in productivity from knowledge specialisation, based on advantage (absolute, comparative) based production. It also makes people better off, increase in welfare due to choice expansion among differing preferences.

However, it is not in anyways connected to equality throughout society.

3 0
2 years ago
How do u work this app??
Alekssandra [29.7K]

Explanation:

very good please explain

7 0
2 years ago
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