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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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Answer:

Option (b) make-to-stock, assemble-to-order.

Explanation:

The reason is that the department A manufactures the product not B which means the make to stock is the primary function of Department A only. Once the necklaces are ready the Department B is ordered by the Department A to print names which is order dependent task and not associated with manufacturing (is associated with assembling). Hence the is the primary function of Department B is Assemble-to-order.

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What is the name of a person or business that is a parial owner of a company.?
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A sports game company with current sales of $400,000 does not expect any growth in sales for the next two years. The company, ho
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Answer:

Answer is B

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Cash flow = Net Income + Adjustment for Non-Cash expenses

So we must first calculate the Net Income for the second year using the Profit and Loss Statement format:

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Less Expenses       ($220,500)

Less Depreciation  ($ 20,000)

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Net Income              $105,270

Add Depreciation    $20,000          

Cashflow                  $125, 270

{Remember Depreciation is a non cash expense, so we must add it to the Net income to arrive at the cash flow}

(Remember the company expects no change in revenue)

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Total Revenue of Cocaine will increase.

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