Obtain raw material, Add supplies, labor and overhead to Work in process inventory, Place finished goods in the finished goods inventory, Transfer sold inventory to the cost of goods sold are the inventory cost in manufacturing process.
What does inventory cost represent?Inventory costing is a technique used in inventory control. Inventory control within a supply chain helps to lower total inventory expenses and determine how much items a company should carry. All of this information assists businesses in determining the appropriate margins to apply to each product or product type. The cost of goods available for sale at that point is calculated by multiplying the average cost per item by the final inventory count. To calculate the cost of products sold, the same average cost is applied to the number of items sold in the prior accounting period.
To know more about inventory cost visit:
brainly.com/question/17097250
#SPJ4
how many cowboy hats can you fit on your head
Answer:
7
Explanation:
At year-end, a trial balance showed total credits exceeding total debits by $4,950. This difference could have been caused by: ______________
a. An error in the general journal where a $4,950 increase in Accounts Receivable was recorded as an increase in Cash.
b. A net income of $4,950.
c. An error in the general journal where a $4,950 increase in Accounts Payable was recorded as a decrease in Accounts Payable.
d. The balance of $5,500 in the Office Equipment account being entered on the trial balance as a debit of $550.
e. The balance of $49,500 in Accounts Payable being entered in the trial balance as $4,950.
There are ways to know the differences in account. This difference could have been caused by An error in the general journal where a $4,950 increase in Accounts Payable was recorded as a decrease in Accounts Payable.
What is a trial balance?A trial balance is a document that depicts all asset, liabilities etc. It is often prepared so as to ensure that posting of amounts and accounts are done well and right.
Here, the Total debits must equal total credits. The issue could have been caused by option d due to different factors.
learn more about trial balance form
https://brainly.com/question/24696035
Which of the following is true of a good benefits plan?
a. It is generally inexpensive to buy and administer.
b. It will stimulate higher performance levels.
c. It will encourage people to join an organization.
d. It will include redundancies in coverage.
e. It allows for smaller pay increases.
Answer:
C
Explanation:
The following is true of a good benefits plan it will encourage people to join an organization. The correct option is c.
What are the benefits of motivated employees?There are several benefits to having a motivated workforce, including lower absenteeism rates, employee retention rates, low staff turnover rates, improved management-worker relationships, higher worker performance, improved quality, and enhanced customer service.
A good benefits plan is an essential part of an organization's compensation strategy. It can be used to attract and retain talented employees and can be a competitive advantage in the job market. A well-designed benefits plan can also help to improve employee morale, motivation, and job satisfaction. While it may require a significant investment, a good benefits plan can provide a good return on investment for the organization.
Thus, the ideal selection is option c.
Learn more about motivated employees here:
https://brainly.com/question/30290742
#SPJ2
Why were metal Coins suitable by then
Answer:
The coinage metals comprise, at a minimum, those metallic chemical elements which have historically been used as components in alloys used to mint coins. The term is not perfectly defined, however, since a number of metals have been used to make "demonstration coins" which have never been used to make monetized coins for any nation-state, but could be. Some of these elements would make excellent coins in theory (for example, zirconium), but their status as coin metals is not clear. In general, because of problems caused when coin metals are intrinsically valuable as commodities, there has been a trend in the 21st century toward use of coinage metals of only the least exotic and expensive types.
Explanation:
if it is helpful.......... plzzz. like and follow
MotoSport is buying an asset that costs $730,000 and can be depreciated at 20 percent per year (Class 8) over its eight-year life. The asset is to be used in a three-year project; at the end of the project, the asset can be sold for $740,200. The company faces a tax rate of 26%. The sale of this asset will close the asset class. what is tax on CCA recapture
The tax on the CCA recapture is $306,332.
To calculate the tax on the Capital Cost Allowance (CCA) recapture, we need to determine the CCA claimed over the years and calculate the recaptured amount. The recaptured amount is the difference between the proceeds from the sale of the asset and the undepreciated capital cost (UCC) at the time of sale.
Given that the asset costs $730,000 and has a depreciation rate of 20% per year (Class 8) over eight years, we can calculate the CCA claimed each year:
Year 1: $730,000 * 20% = $146,000
Year 2: $730,000 * 20% = $146,000
Year 3: $730,000 * 20% = $146,000
Year 4: $730,000 * 20% = $146,000
Year 5: $730,000 * 20% = $146,000
Year 6: $730,000 * 20% = $146,000
Year 7: $730,000 * 20% = $146,000
Year 8: $730,000 * 20% = $146,000
The total CCA claimed over the eight years is $1,168,000.
At the end of the project, the asset can be sold for $740,200. The UCC at the time of sale is the original cost of the asset minus the CCA claimed:
UCC = $730,000 - $1,168,000 = -$438,000
Since the UCC is negative, there is a recapture of CCA. The recapture amount is the proceeds from the sale minus the UCC:
Recapture Amount = $740,200 - (-$438,000) = $1,178,200
Now, we can calculate the tax on the CCA recapture by multiplying the recapture amount by the tax rate:
Tax on CCA Recapture = $1,178,200 * 26% = $306,332
for more such questions on tax
https://brainly.com/question/28798067
#SPJ11
The US government interferes with its businesses to ensure they are safe for the workers and customers. What specific organization helps to ensure that each company
follows safety standards such as having the right amount of emergency exits, supplying construction workers with hard hats, or installing fire sprinklers on all building
floors
СА
Fair Labor Standards Organization
OBDEA
Ос
Antitrust Association
OD
OSHA
Answer:
OSHA I think..good luck
The organization that ensures all the safety measures to protect the company as well as employees is called OSHA. Thus, option (D) is correct.
What is organization?Organization refers to the group of people working together in order to achieve the common goals of the management. There are a variety of people present in the organization which work and socializes with each other to impact the working of the organization.
There are three level in every organization that is top level, middle level and lower level.
OSHA is a particular agency that works to guarantee that each firm meets safety regulations such as having enough emergency exits, providing hard helmets to construction workers, and putting fire sprinklers on all building floors.
Therefore, it can be concluded that option (D) is correct.
Learn more about organization here:
https://brainly.com/question/28169873
#SPJ2
Some companies require multiple interviews as part of their hiring processes.
True
False
i hope it helps
Define the term product mix and describe at least two strategies that companies may use to manage their product mix.
Describe the stages of the product life cycle.
Describe the purpose and common uses of a SWOT analysis.
Explain the goal of product planning and typical product planning activities. What impact do operation needs, such as size of staff, distribution, etc. have on making decisions about products and services?
Explain the four components of a product’s utility.
FIVE SHORTS ANSWERS PLEASE.
1) Product mix refers to the set of all products or product lines that a company offers for sale. This includes variations in product size, style, color, and other features. Companies may use various strategies to manage their product mix, including product line extension and product line contraction. Product line extension involves adding new variations or products to an existing product line, while product line contraction involves eliminating products or variations that are no longer profitable or aligned with company goals.
2) The goal of product planning is to ensure that a company's products meet customer needs and are profitable. Typical product planning activities include identifying customer needs and trends, researching and developing new products, determining pricing and promotional strategies, and evaluating product performance. Operation needs, such as the size of staff and distribution capabilities, can impact decisions about which products and services a company offers. For example, a company with limited distribution capabilities may choose to focus on a smaller product mix that can be efficiently distributed to customers. Similarly, a company with a small staff may choose to focus on a narrower product mix that can be effectively managed with limited resources.
For more such question on strategies
https://brainly.com/question/28561700
#SPJ11
How would I know if I broke or sprained my wrist?
If you have a wrist sprain, you may be able to move the wrist in a range of motion. It may be painful, but you will still be able to do it. That usually means the bones are not broken, and you have a sprain. Another sign of a wrist sprain is that there are swelling and redness around the sprained area of the wrist
Explanation:
Answer:
If its broken, you wont be able to move your fingers and it might be miss shapen. if its sprained, their can still be movement in your hand and your rist will still be strait
Explanation:
Fill in the blank with the correct response.
____ are STEM professionals who collect, analyze, and interpret data.
Answer:
to bad this isn't multiple choice
Explanation:
but it would only make sense if it were scientists. sorry if I'm wrong
From the collected data, the statistician makes use of statistical concepts to sift through large data sets, develop data interpretation and deduce relevant information from the data and present meaningful conclusion to the relevant bodies in fields such as education, manufacturing, marketing, government and healthcare.
From the collected data, the statistician makes use of statistical concepts to sift through large data sets, develop data interpretation and deduce relevant information from the data and present meaningful conclusion to the relevant bodies in fields such as education, manufacturing, marketing, government and healthcare.Biologists research, collect data and measurements, perform tests and experiments, and analyze and interpret their findings. These science professionals are required to have a bachelor's degree in biology for an entry-level position.
You are currently paying off a $5,000 car loan with a 5% fixed interest rate. Is inflation helping you or hurting you? Why?
If you are paying off a car loan with a fixed interest rate, then it can be inferred that inflation is helping you.
How does inflation affected fixed interest payers?Inflation refers to the general rise in the prices of goods and services over time. It therefore leads to the value of money reducing. For instance, thanks to inflation, the value of a dollar in 1988 is more than the value of a dollar in 2023.
If one is paying a fixed interest rate on a loan, it means that they are paying the same amount in interest regardless of inflation. This means that they are actually paying less because inflation has reduced the value of the amount they pay. There are therefore being helped.
Find out more on inflation at https://brainly.com/question/28499836
#SPJ1
PLEASE HELP
Assuming all other factors are the same, which statement about the cost of
loans is correct?
A. A loan with simple interest will cost more than a loan with
compound interest.
B. A loan with simple interest and a loan with compound interest will
cost the same.
C. Interest compounded daily will cost more than interest
compounded monthly.
D. Interest compounded annually will cost more than interest
compounded quarterly.
SUBMIT
Answer:
=> C. Interest compounded daily will cost more than interest compounded monthly.The proper answer is Daily interest compounding is more expensive than monthly interest compounding. So, the best choice is (C).
What is interest?In the fields of finance and economics, interest is the payment made at a set rate by a borrower or deposit-taking financial institution to a lender or depositor in excess of the principal amount (the amount borrowed).
It is not the same as a fee that the borrower might pay to the lender or another entity. It also differs from a dividend, which is money given to shareholders (owners) by a company from its profit or reserve, but not at a set rate predetermined in advance, but rather on a pro rata basis as a share of the reward received by risk-taking businesspeople when revenue is earned that exceeds all costs.
Hence, option (C) is accurate.
Learn more about interest, from:
brainly.com/question/29480777
#SPJ2
3. You should never discharge wastewater into storm sewers because they flow directly into local surface waters. A True B) O False
You should never discharge wastewater into storm sewers because they flow directly into local surface waters. The given statement is True.
As many suspended solids as possible must be eliminated during wastewater treatment before the leftover water, known as effluent, is released back into the environment. The oxygen that is needed by the aquatic plants and animals is depleted during the breakdown of solid matter.
What happens when the sewage is dumped into a river?When sewage combines with a body of water, the microorganisms that live there use oxygen to break down the organic stuff. As a result, there is a dramatic drop in the amount of dissolved oxygen, which may result in aquatic life losing its life.
In order for the POTW to remove contaminants before discharging them to surface water, the majority of wastewaters must be released into the sanitary sewer. Filtration, biological treatment, settling, flocculation, and disinfection are some of the treatments.
The majority of the time, effluent discharge also known as "trade effluent" or "wastewater" flows straight from the premises into the main sewer network.
Thus, It must be cleaned and treated prior to entering a river, reservoir, stream, or lake. In a natural stream, only surface water may be discharged.
Learn more about Wastewater Treatment here:
https://brainly.com/question/12541159
#SPJ6
what two QuickBooks Online payroll subscription levels include QuickBooks time
QuickBooks Online Payroll Premium and Elite subscription levels include QuickBooks time.
What is QuickBooks Online Payroll Premium?QuickBooks Online Payroll Premium is an automated payroll solution that has the integrated features of time tracking that helps the business to grow.
It helps the employees to track their own time and set up their auto payroll.
Premium offers some additional features and HR support as well.
Learn more about the QuickBooks here:-
https://brainly.com/question/20734390
#SPJ1
Working with people includes careers such as child care workers, social workers, and doctors.
O True
False
Answer:
I think false
Explanation:
because basta
What are three differences between a public sector and public corporations?
Explanation:
Comparison Table Between Public Sector and Public Limited Company (in Tabular Form) Public sector companies are controlled by the state or central government. ... A public sector company is not listed in the share market. A public limited company is listed in the share market and also requires going for an IPO.
TRUE OR FALSE a market is a group of buyers and sellers of a good or service and the institution or arrangement by which they come together to trade.
True, a market is a group of buyers and sellers of a good or service and the institution or arrangement by which they come together to trade.
What does the word "market" mean?
A mechanism whereby commodities and services are exchanged as a result of buyers and sellers coming into contact with one another, either directly or through institutions or agents that operate as middlemen.
Who are the consumers in the market for products and services?
Families and households purchase products and services on the open market. Income is used by households to purchase goods and services.
Businesses participate in the market as vendors of goods and services. Revenue in this context refers to the money received by businesses from the sale of goods and services.
Learn more about market
brainly.com/question/27155256
#SPJ4
When you are deciding who to hire, you should consider_______.
A)The job responsibilities
B)the wages
C)the hours
D)all of the above
Answer:
D. all of the above
Explanation:
When you're planning to hire somebody to work in your company, you have to consider many things such as the job responsibilities of the person, his working hours and his wage. These are important because you have to let an applicant know what kind of job he is getting himself into and how much he will be earning provided the working hours. Once he agrees to it and you're also satisfied with his skills, you may come to terms or an agreement that he may now start working in your company. This is an efficient way to hire somebody without wasting so much time.
Remember not to use tools that are blank in any way
Remember not to use tools that are D. broken in any way.
Why are tools used ?Any instrument or basic piece of equipment that you hold in your hands and use to perform a specific type of job can be referred to as a tool. Tools include things like spades, hammers, knives, etc.
Any object used to accomplish a task can be referred to as a tool. Equipment typically refers to a collection of tools used to accomplish a particular task. However, it is important to keep in mind that you should never utilize items that are broken in any way before using them.
Find out more on tools at https://brainly.com/question/18068158
#SPJ1
Options for this question include:
upply and demand
Question 8 of 10
Which situation would cause the price of a product to fall the most?
A. Both the demand and the supply fall.
B. Both the demand and supply rise.
C. The demand falls while the supply rises.
D. The demand rises while the supply falls.
The demand falls while the supply rises.
What are the means of calling for and delivery?The wide variety of goods and services which can be available for people to shop for in comparison to the variety of products and offerings that humans need to shop for If less of a product than the public wishes is produced, the law of delivery and demand says that extra may be charged for the product.
what is the relationship between demand and supply?it's an essential monetary principle that when supply exceeds demand for a very good or service, charges fall. whilst demand exceeds supply, fees tend to upward thrust. there is an inverse relationship between the delivery and prices of products and offerings while the call for is unchanged.
Learn more about demand here https://brainly.com/question/1245771
#SPJ2
QUESTION 3: 3.1 Assume that the South African government have requested you to do a CBA with regard to the two projects. Conduct a research about the two pictures below and answer the questions that follow: PROJECT 1: COSTS AND BENEFIT ANALYSIS PROJECT 2 3.1.1 Identify the TWO projects needed by the South African citizens. 3.1.2 List any TWO private costs that will be incurred in project 2. (2 x 1) (2) (2 x 1) (2) 3.1.3 Why should the government apply the cost benefit analysis for big projects? (8) 3.1.4 Examine the external benefits of Project 1 illustrated above? [20] A Pr
For the two projects, the South African government has asked for a cost and benefit analysis (CBA), although no precise details or drawings of the projects have been provided.
However, it is clarified that carrying out CBA is important for large scale initiatives as it helps in determining their economic viability and social impact. Decision makers can choose wisely on the basis of net benefit derived from the initiative by weighing the costs and benefits.
The term "external benefit" refers to good outcomes on society as a whole, including social welfare, job growth, environmental sustainability, and infrastructure improvements. But without more details or visuals it's impossible to give specific feedback or evaluate the external benefits of Project 1. It is advised to refer to the actual images and related data to conduct a complete examination.
Learn more about cost and benefit analysis (CBA), here:
https://brainly.com/question/27779955
#SPJ1
“Automation is bad for the economy because machines will eventually replace almost all human workers, creating high unemployment and poverty”. Do you agree or disagree? Explain your answer.
I agree that Automation is bad for the economy because machines will eventually replace almost all human workers, creating high unemployment and poverty”.
What is automation?Automation involves the using of machines and computer in getting task done, and this reduce man power.
In this case, Automation is bad for the economy because machines will eventually replace almost all human workers.
Learn more about Automation from
https://brainly.com/question/9759640
#SPJ1
Which three statements help define a Market/Fit Hypothesis? (Choose three)
There are the three statements was the based on the defines a market/fit hypothesis are:
Who is the target audience?
Products are the fit to the market.
Product is the satisfy the needs and the wants.
What is Hypothesis?
A hypothesis is the investigation of two independent variables. Furthermore, it is evaluated and tested in an analytical phenomenon. A research hypothesis is a proclamation of expectation or prediction that will be tested through research.
According to the hypothesis, there are the three statement was the based on the market/fit. The product and solution fit to the market problems. Product are the fit to the target audience. Product is the satisfy the needs and the wants.
As a result, the three statements was the based on the defines a market/fit hypothesis.
Learn more about on hypothesis, here:
https://brainly.com/question/13025783
#SPJ1
Which of the following situations involves
professional literature?
An employee borrows an industry magazine
to read a story about a new machine in his
department.
An employee is coached by a supervisor on
a new machine in his department.
An employee takes an online course about a
new machine in his department.
Answer:
An employee borrows an industry magazine
to read a story about a new machine in his
department.
Explanation:
How does the use of these skills help organizations to outperform others in their industry?
Assess how the four functions of management (e.g., planning, organizing, leading, and controlling) are effective in helping organizations meet their goals.
The skills to relate to coworkers and deal well with subordinates provides for the smooth flow of business operations inside the organization. For any organization to prosper and accomplish its goals and objectives, effective management skills are essential.
What are the importance of skills?Leadership qualities contribute to improving an organization's performance. The forerunners of new ideas that can help the organization come up with fresh ones to boost productivity are managers who are strong leaders.
It should be noted that the four functions include:
Planning has to do wifh the planning of decision making.
Organizing has to do with appropriate coordination between planning and resources.
Leading involves motivating employees to achieve organizational goals.
Controlling is simply elated to monitoring and evaluation.
Learn more about skills on:
https://brainly.com/question/1233807
#SPJ1
1. Why do we need emotions when we make decision?
2. Why do you think the reason and impartialty are minimum requirements in decision making?
To keep people trusting in the decision-making process, there must be the illusion of impartiality. When there is a conflict of interest, you shouldn't participate in the decision-making process.
Why are feelings necessary for moral decision-making?Emotional processes influence moral judgement by giving moral decision-making scenarios an affective value, which helps to define what behaviours are acceptable and unacceptable (Haidt, 2001).
What do reason and objectivity in morality mean? Why are impartiality and reason considered to be the bare minimum of morality?It is a basic justice principle. Giving equal and/or sufficient regard to the interests of all parties involved is necessary according to the impartiality moral theory. It is predicated on the idea that everyone is, usually speaking, equally significant and that no one is viewed as having more intrinsic value than another.
To know more about decision-making process visit :-
https://brainly.com/question/19901674
#SPJ1
7. To prevent cross-contamination when preparing raw meat:
A. Wash the raw meat before slicing it on the cutting board
B. Never combine different types of raw meat using the same cutting board
C. Sanitize the cutting board after cutting raw meat and ready-to-eat foods
D. Use a separate cutting board for raw meat and ready-to-eat foods
To prevent cross-contamination when preparing raw meat: D. Use a separate cutting board for raw meat and ready-to-eat foods
What is cross-contaminationTo avoid mixing germs from raw meat with other foods, it's important to use different cutting boards for raw meat and food that can be eaten without cooking. This practice makes sure that harmful bacteria or germs from raw meat don't get into foods that will be eaten without being cooked more.
You shouldn't wash the raw meat before cutting it on the cutting board. Washing uncooked meat can actually spread germs to the sink, countertops, and utensils, making it more likely for different foods to mix and cause illness.
Read more about cross-contamination here:
https://brainly.com/question/465199
#SPJ6
Explain how a consumer’s place of residence has an especially large impact on their purchase of sports and entertainment commodities.
Answer:
A consumers place of residence has a large impact on their purchase because of how they live in that area and their community.
Explanation:
Example, if you live in New York City, marketers probably will not target you as much to purchase their four wheeler as they would someone who lives in the country.
Pizza is a product. As you have learned, services are marketed differently. Hypothesize about how the service at your restaurant may be marketed in order to set your business apart from others. How is marketing a service different than for a product?
Answer:
It's very different
Explanation:
when marketing a product we are trying to show our customers the products by manipulating them with idols, Models..etc that will make the customers think it's a perfect thing to buy because they saw someone famous do it.
for example when you see Tonny Stark wat some pizza on tv you will want to buy the same pizza he is eating.
But for the service part it's intangible so they only can see it, by just showing how beautiful, fansy, luxurious and relaxing it is. For example when you see a commercial on tv about Hawaii.
In Infosys BPM ltd, during the client audit,the external auditor seeks for your credentials.what would be your response
I would respond to the external auditor's request for credentials by providing my employee ID card, relevant certifications, and references to establish my qualifications and expertise.
During a client audit at Infosys BPM Ltd, if the external auditor seeks my credentials, I would respond in a professional and transparent manner. I would provide them with the necessary information to establish my credentials and assure them of my qualifications and expertise.
I would begin by presenting my identification, such as my employee ID card, which clearly displays my name and position within the company. I would also provide any relevant certifications or degrees that validate my qualifications in the specific area being audited. Additionally, I would offer references or contact information of supervisors or colleagues who can vouch for my work and knowledge.
It is crucial to maintain open communication and build trust with the external auditor. I would address any concerns they may have and be prepared to answer any questions regarding my role, responsibilities, and experience in the relevant field.
Ultimately, my aim would be to demonstrate that I possess the necessary credentials and expertise to fulfill my responsibilities effectively and contribute to a successful audit process.
To learn more about auditors
https://brainly.com/question/26048609
#SPJ8