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lesya692 [45]
2 years ago
15

Which of the following statements are true? Multiple select question. Raw materials inventory only includes the cost of direct m

aterials. Raw materials inventory represents the cost of materials not yet used in production. When materials are purchased they are recorded in the Raw materials inventory account. Direct labor costs flow through the Raw materials inventory account.
Business
1 answer:
lilavasa [31]2 years ago
8 0

The true statements are:

  • Raw materials inventory represents the cost of materials not yet used in production.
  • When materials are purchased they are recorded in the Raw materials inventory account.

<h3>What are Raw materials?</h3>

Raw Materials are unprocessed materials used in the production of certain finished products.

In business accounting;

  • The raw materials inventory is recorded as the cost of materials that are yet to be used in production.
  • The materials purchased are usually recorded in the raw materials inventory account.

Learn more about raw materials here:

brainly.com/question/825024

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Mary worked on the assembly line at an automobile assembly plant. People weren't buying as many cars, and she was laid off. How
ahrayia [7]

We will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.

Basically, the cyclical unemployment is the unemployment experience as a result of economic upturn and downturn.

The cyclical type of unemployment are mostly experienced during economic recessions.

It is obvious that people were not buying as many cars because of economic downturn.

Therefore, in conclusion, we will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.

Learn more about this here

<em>brainly.com/question/8865266</em>

7 0
3 years ago
Spreadsheet software can be used to do all the following except
agasfer [191]

open a savings account.

3 0
3 years ago
Suzanne works 25hours a week for four weeks at $9.50 per hour. How much does she earn at the end of four weeks?
Akimi4 [234]

Answer:

$950 in 4 weeks

Explanation:

25 x 9.5 = 237.5

237.5 = 950

OR

25hrs times 4 wks is 100hrs

100 x 9.5 = 950

6 0
3 years ago
Environmental scanning is the act of analyzing the critical external contingencies and trends facing an organization in terms of
alekssr [168]

Answer:

The correct answer is the option B: economic conditions, competitors and customers.

Explanation:

To begin with, the term of <em>environmental scanning</em> refers to the action of analyzing the forces, both internal and external, whose actions affect the organization in its whole and may give the company opportunities or threats, sthrengths or weaknesses. Moreover, when refering to the external part of the analysis the most important groups to have in mind are those outside the organization and that it may not take control over decisions directly. Those items or groups are: <u>the competitors, the customers, economic conditions</u>, the government, market suppliers, intermediaries and more.

5 0
3 years ago
Which of the following describes the process whose ultimate result is Illustrated by the multiplier (the result being that gross
mafiozo [28]

Answer:

2. When people spend money, that money ends up In the pockets or bank accounts of other people (or organizations) who then use that money in some way.

Explanation:

In the economy exist different types of agents: people, government and enterprises. No more.

5 0
3 years ago
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