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Gwar [14]
3 years ago
11

Which of the following statements is true of process​ costing? A. It tracks and assigns both period costs and product costs to u

nits produced. B. It assigns manufacturing overhead costs to products only in the last production process. C. It uses one​ Work-in-Process Inventory account. D. It accumulates product costs by production departments.
Business
1 answer:
Dahasolnce [82]3 years ago
7 0

Answer:

B) It accumulates product costs by production departments.

Explanation:

Process cost is used to ascertain the cost of a product at all stages of production. Total cost is an addition of all the individual process costs. Usually this is used in companies that produce homogeneous goods.

For example manufacturers for processed foods, and chemicals.

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The marginal utility curve is: A) upsloping because of increasing marginal opportunity costs. B) upsloping because successive un
kotykmax [81]

Answer:

D) downsloping because successive units of a specific product yield less and less extra utility.

Explanation:

The marginal utility curve is downsloping because successive units of a specific product yield less and less extra utility or benefits.

It gives the relationship between the utility derived from the consumption of an additional unit of a good and the quantity of the good consumed.

8 0
3 years ago
One of the first technologies to truly revolutionize the business use of information was a stone tablet.
denis23 [38]

One of the first technologies to truly revolutionize the business use of information was a stone tablet. FALSE.

Answer: One of the first echnologies to truly revolutionize the business use of information were paper and the printing press.

When these developments came about, they made it easier for communication to be shared between businesses, cities, and the economy. Allowing for paper and the printing press increased communication and made room for new jobs. As they grew and expanded, new people were hired which helped the economy get a boost of new funds.

3 0
2 years ago
On July 4, Blossom's Restaurant accepts a Visa card for a $150 dinner bill. Visa charges a 2% service fee. Prepare the entry on
Tpy6a [65]

Answer:

The journal entry is shown below.

Explanation:

According to the scenario, the journal entry for the given data are as follows:

Journal entry

Jul.4 Cash A/c Dr    $147

        Card charges A/c Dr.   $3

        To Sales revenue A/c   $150

(Being card transaction is recorded)

Computation:

Cash = $150 - 2% × $150 = $147

Card charges = $150 × 2% = $3

3 0
3 years ago
Karen Blumenthall was seriously injured in a car accident and is paralyzed from the waist down. Luckily she has an insurance pol
ruslelena [56]
Hi, ill help u out c:
7 0
3 years ago
Read 2 more answers
When adding fields to a form, press Ctrl+F8 to show or hide the Field List.
siniylev [52]

Answer:

False

Explanation:

To show or hide the field list, when adding fields to a form, press  'ALT+F8'.

6 0
3 years ago
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