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aliina [53]
3 years ago
11

A group of athletic shoes in a shoe factory are partially completed but still lack their innersoles and shoestrings. these shoes

are classified as
Business
1 answer:
gogolik [260]3 years ago
5 0
<span>These would be work in-progress inventory. They are further along in production than the basic raw materials, but are not completed to the point where they could be put out for sale as finished goods. They are still requiring some work to get to this point.</span>
You might be interested in
Direct materials and direct labor of a company total $8300000. If manufacturing overhead is $4150000, what is direct labor cost
iragen [17]

Answer:

The direct labor cost cannot be ascertained from the information given in the question

Explanation:

Direct materials+Direct labor cost= $8300000

In order to determine the labor cost of the  $8300000, we need a clue as to the percentage of the labor cost in the total of  $8300000 or the portion of  $8300000 that belongs to direct materials.

Since such a hint is missing,we can simply guess, costs  incurred cannot be shared out on a basis that has no relationship with reality,hence, the correct answer is that the direct labor cost cannot be determined based on details provided.

5 0
3 years ago
Using the data set below, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast fo
elena55 [62]

Answer:

The answer is C: 14300

Note: The actual answer is 14296, <em>and </em>the closest to that was option C.

Explanation:

Formula to calculate forecast using Exponential smoothing:

  •    F_{t} = F_{t-1} + \alpha ( A_{t-1} - F_{t-1} )

Where,

  • F_{t} = New Forecast
  • F_{t-1} = Previous period's forecast.
  • \alpha = Smoothing Constant
  • A_{t-1} = Previous period's Actual Demand.
  1. Calculating the forecast for period 5:

Data:

  • F_{5} = ?
  • F_{t-1} = 14000
  • \alpha = 0.4
  • A_{t-1} = 14750

Putting <em>values in the formula:</em>

F_{5} = 14000 + 0.4(14750-14000)

F_{5} = 14000 + 0.4 (740)

F_{5} = 14000 + 296

F_{5} = 14296

4 0
3 years ago
All of the following are expenses associated with home ownership that should be planned for early in the process except
grandymaker [24]
Mortgage payments are expenses associated with home ownership
7 0
2 years ago
Bonita Industries began the year by issuing $75500 of common stock for cash. The company recorded revenues of $772000, expenses
Alex

Answer:

net income = $106,000

Explanation:

net income = total revenues - total expenses = $772,000 - $666,000 = $106,000

Any additional capital raised will increase the company's cash flows (financing activity) and any dividends distributed will decrease them (another financing activity), but they do not affect the company's net income.

3 0
2 years ago
Question 14 of 20
charle [14.2K]

Answer:

C

Explanation:

8 0
3 years ago
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