Answer:
The correct answer is: Inventories.
Explanation:
Inventories are real and concrete assets, that is movable and immovable property. These form the commercial flow of a person or a company. These goods are for sale, hence the commercial nature, or for the consumption of goods and / or services. Inventories are made in a certain period of time.
If a company is commercial, its livelihood is always buying and selling, that is, the exchange of goods and services. With the inventory, the company has an exhaustive control of merchandise during the commercial period, and at the end of it it has the “final balance”, that balance is comparable with that of other years and serves to draw conclusions and from there take certain actions depending of the result. When the goods are being counted for a certain economic period, it is necessary that they appear in the “Current Assets” group, this means that it is all merchandise at the cost that is in the hands of a company.
The concept of inventory has to do with accounting, which is a system for controlling and recording profits (income and expenses), as well as economic operations, in this case carried out by a company or association, it reflects the financial movements that they make.
Answer:
$6666
Explanation:
Given:
Direct materials = $ 2,483
Direct labor-hours = 77 hours
Direct labor wage rate = $ 19 per labor-hour
Machine-hours = 136 hours
The predetermined overhead rate = $20 per machine-hour.
Solution:
To find the total cost , we will add the following cost: Direct materials cost, Direct labor cost, Machine using cost
Direct labor cost = Direct labor-hours 
Direct labor wage rate
Direct labor cost = 
Machine using cost = Machine-hours used predetermined overhead rate
Machine using cost = 
Total cost = $ 2,483 + $1463 + $2720 = $6666
Therefore, The total cost that would be recorded on the job cost sheet for Job 910 would be $6666
Answer:
$1,200
Explanation:
For this question, we use the unitary method that is shown below:
Given that
Conversion price = $1,000 par
And, the subordinated debentures is $40
And the present market price is $48
So, the present conversion value is
= Conversion price × the present market price ÷ the subordinated debentures
= $1,000 × $48 ÷ $40
= $1,200
