Under a job order system of cost accounting, the dollar amount of the entry to transfer inventory from Work in Process to Finished Goods is the sum of the costs charged to all jobs:

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Answer 1
Answer:

Answer:

Under a job-order system of cost accounting, the dollar amount of the general ledger entry involved in the transfer of inventory from work-in-process to finished goods is the sum of the costs charged to all jobs - The entry to transfer inventory from WIP to FG is to debit finished goods and credit work-in- process.

Explanation:


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A company's PR efforts are often aimed at doing what?
Boardburgh, a cordless telephone manufacturer, launched advertising campaigns to market its products and eliminate wired telephone sets from the market. To counter this, Telepram Inc., a wired telephone manufacturer, has launched an advertising campaign to detail the disadvantages of cordless telephones. In the context of innovation streams, which of the following concepts does this scenario best illustrate?A) Design competitionB) Technological lockoutC) Technological substitutionD) Design iteration

Hailey, the head of the research and development team at an international cosmetics company, has been entrusted with the task of introducing a new range within its existing product line. Hailey visualizes how this move of introducing new variants could possibly impact the sales of existing products. She also gathers information on whether brand loyal customers would welcome such a move. She goes a step further to gauge the potential impact on total profits of the company and its stock valuation. In the context of the high levels of cognitive activity needed for strategic leadership, Hailey is ______.a. a transactional leader
b. a cautious leader
c. a systems thinker
d. a pessimistic leader

Answers

Answer: A systematic thinker

Explanation: A systematic thinker is the one who understands, how one step in a process would impact the complete system as a whole. The main focus of systematic thinker is to understand different parts of the system and to make them work together.

In the given case, Hailey is trying to analyzer the impact of new range introduction on existing business operations.

Hence, we can conclude that option C is correct.

What information is necessary to calculate the after-tax return on investment (ROI)?A.
whether the capital gains are long term or short term and the dividends are qualified or nonqualified
B.
whether the capital gains are long term or short term and which company paid the dividends
C.
whether the capital gains are from the sale of a stock or a bond
D.
whether the investment was purchased individually or through a brokerage firm

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The information that is necessary to calculate the after tax return on investment is whether the capital gains are long term or short term and which company paid the dividends.

What is the after-tax return on investment ?

This is  a term that has to do with the profit that is made from a business venture after the tax amount has been calculated from the enterprise.

Businesses use this as a way of trying to determine the earnings that they have.

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Answer:

B

Explanation:

You're welcome

If the total assets of a business are $107,000 and its liabilities are $75,000, which of the following statements is correct?a. liabilities are $32,000
b. liabilities are $42,000
c. liabilities are $57,000
d. liabilities are $98,000

Answers

Answer:

a. liabilities are $32,000

Explanation:

Note: In question part $75,000 shall represent equity, as there are only 3 parts of balance sheet assets, equity and liabilities, if assets are given liabilities is what we need to calculate the missing is equity.

Thus, $75,000 is treated as equity.

In that case we have,

Assets = Equity + Liabilities

$107,000 = $75,000 + Liabilities

Assets - Equity = Liabilities

$107,000 - $75,000 = Liabilities

$32,000 = Liabilities

Therefore, correct option is

a. liabilities are $32,000

Smith Company produces and sells one product for $40 per unit. The company has no beginning inventories. Its variable manufacturing cost per unit is $18 and the variable selling and administrative expense per unit is $4. The fixed manufacturing overhead and fixed selling and administrative expense total $80,000 and $20,000, respectively. If Smith Company produces 8,000 units and sells 7,500 units during the year, then its net operating income under variable costing would be

Answers

Answer:

$35,000

Explanation:

net operating income under variable costing would be calculated by preparing income statement under variable costing.

Smith Company

income statement under variable costing system

Sales (7,500 x $40)                                                          $300,000

Less Cost of Sales (7,500 x $18)                                     ($135,000)

Contribution                                                                       $165,000

Less Expenses

selling and administrative expense ($4 x 7,500)            ($30,000)

fixed overheads :

manufacturing                                                                   ($80,000)

selling and administrative expense                                 ($20,000)

Net Income                                                                         $35,000

Final answer:

The net operating income under variable costing for Smith Company is $24,000.

Explanation:

The net operating income under variable costing can be calculated by subtracting the variable manufacturing cost per unit, variable selling and administrative expense per unit, and the total fixed manufacturing overhead and fixed selling and administrative expense from the total revenue.

Variable cost per unit = Variable manufacturing cost per unit + Variable selling and administrative expense per unit = $18 + $4 = $22

Total revenue = Selling price per unit × Number of units sold = $40 × 7,500 = $300,000

Total variable cost = Variable cost per unit × Number of units produced = $22 × 8,000 = $176,000

Total fixed cost = Fixed manufacturing overhead + Fixed selling and administrative expense = $80,000 + $20,000 = $100,000

Net operating income under variable costing = Total revenue - Total variable cost - Total fixed cost = $300,000 - $176,000 - $100,000 = $24,000

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describe four signs that help indicate when abc systems are likely to provide the most benefits. (select the four statements that apply.)

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1. Significant amount of Indirect costs are allocated using one or two cost pools.

2. All or most indirect cost identified as output level unit costs.

3. Products make diverse demands on resources because of differences in volume process steps, batch size.

4. Operations staff has substantial disagreements with reported costs of manufacturing and marketing products and services.

Cameron Is the oversees His company's northeast Region While Kevin oversees The southeast region this is an example A. Customer departmentalization
B. Functional departmentalization
C. Process departmentalization
D. Geographic departmentalization

Answers

The awner is D im pretty sure
Answer:
geographic
Explanation: