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mars1129 [50]
2 years ago
14

Product costs: Multiple Choice Are expenditures necessary and integral to finished products. Are expenditures identified more wi

th a time period rather than with units of product. Include selling and administrative expenses. Are expensed on the income statement when incurred. Are moved to the income statement for any unsold inventory at the end of the year.
Business
1 answer:
UNO [17]2 years ago
8 0

Answer:

Are expenditures necessary and integral to finished products.

Explanation:

The product cost is that cost i.e. incurred for making a product

It is a necessary expenditure and would consider an important part of finished product. All those cost i.e. spent to make a finished product is known as product cost

therefore, first option is correct

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In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units a
Mila [183]

Answer:

the average unit cost:  $7.917

Explanation:

I think your question is missed of key information, allow me to add in and hope it will fit the original one.  

<em>In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Assuming there are 200 units on hand at the end of the period. Calculate average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)</em>

My answer:

Given:

  • 1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9.

<=> Total units = 300 + 400 + 500 = 1200 units

<=> Total cost: 300*$6 + 400*$8 + 500*$9

= $1,800 + $3,200 + $4,500

= $9500

  • As we know that, the average unit cost:

= Total cost / total units

=$9,500 ÷ 1,200 = $7.917

Hope it will find you well.

<em />

6 0
2 years ago
What is the nature of the industry being operated at koppers?
Leviafan [203]
<span>Up until 2009 a wood treating facility was operated at Koppers
The wood treating facility lasted for more than 90 years (it operated from </span>1916  to 2009). 
The operation is forced to close after government found unsafe carbon footprints from the substance that used for Koppers' operation.<span />
8 0
3 years ago
suppose ta hurricane hits alabama causing widespread damage to houses and businesses the governor of alabama places pirce cielin
Mamont248 [21]

Answer:

Shortages of building materials and a slower recovery from the storm

Explanation:

From the question we are informed about an instance, whereby a hurricane hits Alabama, causing widespread damage to houses and businesses. The governor of Alabama places price ceilings on all building materials to keep the prices reasonable. In this case,what most likely result is Shortages of building materials and a slower recovery from the storm.

From law of demand, which expressed that provided other factors remain equal, when price of a good goes higher, then there would be less demand of that good from

people and vice versa. higher price brings lower the quantity demanded, and lower price brings higher the quantity demanded, therefore in the case, above as the price of ceilings on all building materials so that price becomes reasonable people demand more and it leads to Shortages of building materials

6 0
2 years ago
Jose's only debt obligations are a car loan payment of $436 and a credit card payment of $50 every month. What is the minimum am
Nikitich [7]
I think it is A and D.
6 0
2 years ago
Read 2 more answers
Global trade with China is Multiple Choice too risky and not worth the effort. dependent upon the success of multinational corpo
Tanzania [10]

Answer:

an emerging business opportunity for several companies.

Explanation:

China is a developed nation with so many businesses that cut across the world. The country is filled with entrepreneurs who are constantly seeking to expand their horizons through collaboration with other nations.

Entrepreneurs who are seeking better ways to do business or the latest technologies to deploy in their businesses can benefit by collaborating with China.      

5 0
2 years ago
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