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PtichkaEL [24]
3 years ago
15

Capacity is:_______

Business
1 answer:
lina2011 [118]3 years ago
5 0

Answer:

I want to say your answer is C - the maximum amount of work that an organization is capable of completing in a given period of time.

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cost accounting systems are used to: a. accumulate production and period costs and assign them to products or services. b. accum
harina [27]

Cost accounting systems are used to Accumulate period cost and assign them to products or services.

Cost accounting systems are useful in both manufacturing and service industries. This system is used to determine product costs, or the total cost of a product, which includes overhead, materials, and labour. According to a number of variables, including worker hours, machine hours, and other considerations, period costs are given to items.

Cost accounting, according to the Terminology of Cost Accounting, is the process of accounting for costs from the point at which expenditure is spent or committed through the development of its final relationship with cost centres and cost units (England).

<u>The purpose and role of cost accounting</u>

These are the primary goals or duties of cost accounting:

  • ​Determination of costs
  • Estimated costs
  • A breakdown of costs
  • Cost reduction and cost control
  • Decision-making, control, and preparation
  • Pricing fixation for sales
  • Calculating the projected profit or loss for each activity.

Learn more about Cost accounting, here

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5 0
1 year ago
Read the graph. What is the equilibrium price?
Arisa [49]

Answer:

$1.00

Explanation:

The equilibrium price is the prevailing market price represented by the intersection of the demand and supply curve. At the equilibrium price, the quantity demanded and quantity supplied match. It means that there are no shortages or excesses in demand or supply at the equilibrium price.

From the graph, $1 is the equilibrium price. It is the intersection of demand and supply curves.

5 0
3 years ago
How can i make money quickly
USPshnik [31]
Get a job, get money & bam you got money
8 0
3 years ago
Tom transfers a building that originally cost $40,000 to Paul Corp. in exchange for 100% of the corporation's stock. the adjuste
Korolek [52]

Answer:

Gain recognized by Tom is $10000

So option (b) will be correct answer

Explanation :

We have given liability on bulding assumed by Paul Corp = $30,000

Tom's adjusted basis in the building = $20,000

Since the liability assumed by Paul Corp on the building is greater than Tom's adjusted basis, Tom must recognize gain equal to the difference between the liability on the building and his adjusted basis.

So gain recognized by Tom = $30,000 - $20,000 = $10,000

4 0
3 years ago
Tatham Corporation produces a single product. The standard costs for one unit of its Clan product are as​ follows:
Alla [95]

Answer:

$3,500 Unfavorable

Explanation:

The computation of variable overhead efficiency variance for Clan for November Year 2 is shown below:-

Variable overhead efficiency variance

=  (Standard labor hours - actual labor hours) × (Standard variable overhead rate)

= (3,500 × 2 - 7,500) × $7

= (7,000 - 7,500) × $7

= $3,500 Unfavorable

Therefore for computing the Variable overhead efficiency variance we simply applied the above formula.

3 0
3 years ago
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