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Llana [10]
3 years ago
15

All of the following statements are correct when referring to process costing except:Multiple ChoiceCosts are accumulated by dep

artment.A process costing system has the same basic purposes as a job-order costing system.Process costing would be appropriate for a jeweler who makes custom jewelry to order.Units produced are indistinguishable from each other.
Business
1 answer:
mr_godi [17]3 years ago
6 0

Answer:

Process costing would be appropriate for a jeweler who makes custom jewelry to order.

Explanation:

Product costing is defined as the process by which the best costing method is chosen to suit a particular product.

There are three main types: process costing, specific order costing, and service costing.

Process costing is a method that determines the cost incurred at each stage of production. It is best used for processes that are repetitive such as manufacturing plants.

However a jeweler who makes custom jewelry to order will most appropriately be served by a specific order costing.

This involves costing according to distinct jobs or contracts.

There is no specific or repetitive process, rather the job is usually carried out according to specific needs of a customer.

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Answer: Option B : Accessible

Explanation: The segment might not be accessible because of the inability to deliver the cookies in war zones as this area cannot accommodate most delivery forms.

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In his speech on the need to expand the local animal shelter, sheldon quotes the center's director as stating, "if we do not sec
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4 0
3 years ago
What is the ending balance on the statement of changes in owner's equity for this data?
creativ13 [48]

The Owner's Equity statement illustrates the capital account changes due to contributions, withdrawals, net income, or a net loss. So Ending Balance of the statement of changes in Owner's equity will be; Opening capital + Capital Added + Net Income - Owner's Withdrawals.

A one-page report titled a "statement of owner's equity" compares all assets and liabilities to determine the owner's equity's overall value. The snapshot, which is tracked over a predetermined time period or accounting period, depicts the flow of cash through a company.

Owner's equity is simply the difference between the owner's initial investment in the business and any withdrawals made by the owner. For instance: A real estate project with a value of $500,000 and a loan balance of $400,000 would have $100,000 in owner's equity.

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4 0
1 year ago
your experience indicates that offering a discount in your email increases responses by 75% year last email without a discount y
HACTEHA [7]

Answer:

<u>The number of responses if a discount is offered would be 33,250</u>

Explanation:

1. Let's review the information given to us to answer the question correctly:

Number of responses you had without offering discount = 19,000

Percentage of increase if you offer a discount = 75%

2. If you mail the same size list and offer discount how many responses would you expect?​

Number of responses if a discount is offered = Number of responses you had without offering discount * (1 + 0.75)

Replacing with the real values, we have:

Number of responses if a discount is offered = 19,000 * 1.75

Number of responses if a discount is offered = 33,250

<u>The number of responses if a discount is offered would be 33,250</u>

3 0
3 years ago
In February 2017 the risk-free rate was 4.97 percent, the market risk premium was 7 percent, and the beta for Twitter stock was
Gnesinka [82]

Answer:

14.77%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 4.97% + 1.40 × 7%

= 4.97% + 9.8%

= 14.77%

The (Market rate of return - Risk-free rate of return)  is also called market risk premium and the same is shown in the answer

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3 years ago
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