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AVprozaik [17]
2 years ago
12

Colil Computer Systems, Inc., manufactures printer circuit cards. All direct materials are added at the inception of the product

ion process. During January, the accounting department noted that there was no beginning inventory. Direct materials of $301,000 were used in production during the month. Work-in-process records revealed that 12,000 card units were started in January, 6000 card units were complete, and 4000 card units were spoiled as expected. Ending work-in-process card units are complete in respect to direct materials costs. Spoilage is not detected until the process is complete. What is the direct material cost assigned to units in the ending WIP inventory
Business
1 answer:
bonufazy [111]2 years ago
7 0
他們會不會覺得不得不承認是自己的問題,他們會不會覺得
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The cost reconciliation report has two sections: ""Costs to be accounted for"" followed by ""Costs accounted for"". The ""Costs
lord [1]

Answer:

The correct answer is False.

Explanation:

At the end of the accounting period, monthly, annual or of any kind, a series of tasks of control and audit of costs are carried out in order to generate correct and compensated reports of the value of the inventories and send it to the finance department. Apart from the accounting tasks that transfer the value movements of individual products to exclusive accounting accounts, multiple reporting and monitoring functions and a special reconciliation tool are available for the auditors and cost control engineers responsible for this work. critical importance for the company.

7 0
4 years ago
If Annie and Andy (each a 30 percent shareholder in a calendar-year S corporation) file a revocation statement on March 20, 2019
Natalija [7]

Answer:

January 1, 2020

Explanation:

An S corporation isalso called small business corporation. It is a type of company that shields its owners in the case of liabilities. The owners are not directly liable for obligations of the corporation.

A calenders year of a company is defined as the fiscal year in which a company makes profit and declares a profit or loss within that time frame.

If shareholders file a revocation statement on March 20, 2019, to terminate their S corporation's S election, they will have to wait till the end of the fiscal year before the S corporation is terminated.

That is on January 1, 2020.

8 0
4 years ago
Catarina, the founder of Platter Place, believes in employee empowerment, so as soon as she began hiring managers, she made subo
yulyashka [42]

OPTIONS:

A. Use the results of subordinate feedback to identify avenues for employee development.

B. Give the employees greater opportunities to observe the behavior of their manager.

C. Require that the employees giving subordinate feedback identify themselves.

D. Limit the information gathering by subordinates to short periods once a year.

E. Discontinue subordinate feedback, because it has undesirable consequences.

Answer:

A. Use the results of subordinate feedback to identify avenues for employee development.

Explanation:

Given the scenario that is described in the question, the best way for Platter Place to use feedback gotten from subordinate is to use the results of the feedback to discover areas of employee development that can be improved on. This would enable the empowerment of Platter Place employees as subordinates would get a chance to freely register their concerns and views on the performance of the company. The company would be able to know where they are lacking in terms of employee empowerment, and would also give a clear idea on what areas that needs to be worked on to improve the development of employees effectively.

5 0
3 years ago
Suppose annual inflation rates in the u.s. and mexico are expected to be 6% and 80%, respectively, over the next several years.
jeka94
<span>The answer is $.00102</span>
7 0
4 years ago
How has Chinese economic growth benefited the Australian economy?
Radda [10]

Answer:

First, rising wages and consumer demand will increase demand for more sophisticated manufactured goods (where Australia has some niches of excellence, for example, in medical devices) and for services such as tourism (where China is already an important market).

( I found this on a website called Aph.gov.au

full credit to them and their work. Check them out for more info on your topic)

8 0
4 years ago
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