A company that produces custom machinery would benefit most from a job order costing system.
What do you know about costing system?
A costing system is made to keep track of a company's expenses. The system is made up of a number of forms, procedures, checks, and reports that are intended to gather and provide financial data to management. Any aspect of a business, including its clients, divisions, locations, structures, operations, procedures, goods and services, study and development, and reseller, may be covered by the reporting categories. The expenses of materials, labour, and overhead are totaled for each unit or task. For distinctive products like specially made machines or consultancy assignments, this strategy works well. Cost accumulation is a labor- and labor-intensive activity.
So, The required answer is Custom machinery.
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MARKING BRAINLIEST IF RIGHT, NO ABSURD ANSWERS!
1.) The main difference between tax credits and tax deductions is that:
A.) credits reduce a person's taxable income while deductions reduce an individual's tax bill.
B.) credits always result in tax refunds.
C.) deductions always result in tax refunds.
D.) deductions reduce a person's taxable income while credits reduce an individual's tax bill.
Answer:
A.) credits reduce a person's taxable income while deductions reduce an individual's tax bill.
Explanation:
Tax credits and tax deductions both decrease the total that you'll pay in taxes, but they do so in different ways. A tax credit is a dollar-for-dollar reduction of the money you owe, while a tax deduction will decrease your taxable income, leading to a slightly lower tax bill.
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Which of the following lists is included in what economists call "money"?
a. cash
b. cash and stocks and bonds
c. cash and stocks and bonds and real estate
d. cash and stocks and bonds and real estate and all other assets
Cash is included in what economists call "money". Therefore option A is correct.
What is cash?Bills, coins, bank balances, money orders, and cheques are all examples of cash. Cash is used to pay off debts or to buy products and services. Post-dated cheques and notes receivable are examples of items that do not fit the definition of cash. Since cash balances can be expressed in the computer records for investment accounts, most kinds of money are electronic rather than in the form of bills and coins.
Since the reporting sequence is arranged according to liquidity and cash is the most liquid asset, it appears first on the balance sheet. Cash equivalents, a similar accounting word for assets that are easily convertible into cash, is used to describe these assets.
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What is the opportunity cost of production?
The amount of one thing that must be sacrificed in order to obtain more of the other good is known as the opportunity cost of switching from one efficient combination of production to another.
The value or advantage lost by selecting one activity over another is referred to as the opportunity cost in microeconomic theory. More specifically, it means that once you choose one activity, you can no longer choose another. The best activity is the one that, once opportunity costs are deducted, delivers the highest return in comparison to all other activities. For instance, if you possess a car that you use just for personal transportation, you are not permitted to rent it out, but if you do, you are not allowed to use it for personal transportation either. If the cost of transportation without a car is more than the cost of renting one,
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Which of the following was a consequence of widespread settlement on the Great Plains after the Civil War: a. Improved Indian relationships
b. A decline in railroad building
c. New rights and opportunities for many women
d. The explosive growth of the mining industry
The consequence of widespread settlement on the Great Plains after the Civil War was new rights and opportunities for many women. (The correct answer is C).
Women worked in the fields plowing, planting, shocking, and pitching wheat bundles, hoeing sugar beets, making hay, and hauling rocks as the consequence of widespread settlement on the Great Plains after the Civil War. Women had few opportunities to operate early threshing machinery, but they did operate tractors and trucks once they became common in the Great Plains, therefore this settlement had created many new rights and opportunities for many women. Farms where women continued to engage in productive activities were more prosperous and more likely to have continuity of ownership.
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What are the benefits of both life and health insurance?
Life and health insurance have the benefit that they provide essential protection to you and your loved ones.
With life insurance, you can ensure your family is taken care of financially in the event of your passing. Health insurance can keep you and your family covered in the event of a medical emergency or illness, helping to cover costs such as hospital bills and medications.
In addition, health insurance can provide preventive care services and regular checkups, helping to keep you and your family healthy. Investing in life and health insurance can provide peace of mind and security for you and your family.
Life and health insurance are essential tools for protecting yourself and your family. Life insurance helps provide financial security by providing a benefit to your loved ones if you pass away.
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Uri wants to buy a sweatshirt that costs $16.28. If the tax is 8%, about how much will Uri need to buy the sweatshirt
If Uri wants to buy a sweatshirt that cost $16.28 and if the tax is 8% then she has to pay $17.60 to buy that sweatshirt.
To buy the sweatshirt, Uri will need to pay $17.60.
This is calculated by taking the original cost of the sweatshirt ($16.28) and multiplying it by the tax rate (8%).
This results in an additional cost of $1.32 to cover the tax, which is then added to the original cost of the sweatshirt, resulting in a total cost of $17.60.
16.28+1.2= $17.6
If Uri is paying with cash, he will need to make sure he has the exact amount to complete the purchase. If he is using a debit or credit card, he should double-check that the total cost is correct before completing the transaction.
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Which of the following would be consequences of more rental properties in the United States being subject to binding price ceilings: Select the two correct answers below.
Select all that apply:
a shortage of apartments
a surplus of apartments
the quantity supplied of apartments will exceed the quantity demanded
the quantity demanded of apartments will exceed the quantity supplied
A shortage of apartments, the quantity demanded of apartments will exceed the quantity supplied
What is quantity demand?Quantity demand is the amount of a particular good or service that is desired by consumers at a specific price and time. It is determined by examining the consumer's willingness and ability to purchase the item at a given price. It is a key factor in economics and is used to determine the supply and demand of goods and services in the market. Quantity demand is affected by a variety of factors such as consumer income, consumer tastes and preferences, the availability of substitutes, and the price of the good or service. Changes in any of these factors can cause a change in the quantity demanded by consumers.
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Order the following businesses from the least to the greatest amount of monopoly power.
1.) vegetable stands at a local farmers’ market
2.) gas stations in a large town
3.) restaurants in a big city
4.) cable television in an area where there is a single provider
(Firms that have something unique to sell have a high degree of monopoly power (price-setting ability) because there are no competitors for their good or service.)
1. vegetable stands at a very large local farmers' market. 3. restaurants in a small town. 4. cable television in an area where there is a single provider 2. gas stations in a large town.
Farmers can sell their products directly to consumers at a farmers' market, which is a physical retail space. Farmers' markets can be held inside or outside and often have booths, tables, or stands where local farmers can sell their produce, live plants and animals, and occasionally prepared foods and beverages. Farmers' markets are commonplace all over the world and are a reflection of the economics and culture there. The market's size can range from a handful of stalls to several city blocks. They are typically less strictly regulated than produce retailers because of the nature of their business. They are different from public markets, which are frequently housed in permanent structures, open all year round, and feature a variety of non-farmer/non-producer vendors, packaged goods, and non-food products.
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Determining the most socially desirable level of income equality or inequality Group of answer choices is done directly by firms involves evaluation of public goods involves evaluation of all externalities, both positive and negative is done through markets, rather than by government involves normative economics
Determining the most socially desirable level of income equality or inequality is an issue involving normative economics.
What is income equality?Income equality is the concept of economic equality, where individuals within a society or group have the same amount of income or wealth. It is the opposite of income inequality, where some individuals have greater income or wealth than others.
It requires making a judgment about what is right or wrong, good or bad, when it comes to income distribution. This is usually done through markets, rather than by government, as markets are better equipped to take into account externalities, both positive and negative, and public goods. Ultimately, the decision about the most socially desirable level of income equality or inequality is done directly by firms, based on their own evaluation of the situation.
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performs, they sign an accord, in which Lester promises to pay $4,000 within ten days instead of $5,000 later
A written document authored by the defendant and signed by him is always required when the cost of the items is $500 or higher.
How to pay $4,000 within ten days instead of $5,000 later?A collateral contract is one in which one party (the guarantor) undertakes to cover the debt or obligation that a second party (the primary debtor) owes to a third party (the obligee) in the event that the principle debtor is unable to fulfill their obligations.
Any signed writing that (1) clearly defines the contract's subject matter, (2) is sufficient to prove that a contract exists, and (3) expresses the contract's essential elements with reasonable confidence satisfies the Statute of Frauds.
All parties to a contract must sign the written document in order for the statute of frauds to be satisfied. Due to the statute of frauds, certain verbal agreements are deemed non-binding and unenforceable in the absence of written documentation.
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Okay is it just me or is anyone else getting so many exams and redos right now
Answer:
ufff
Explanation:
exam s are over Best Of Luck ! ❤️❤️
Answer:
i am
Explanation: hey it me mat, i know its been a while and you problably forgot about me by now but. im sorry and id like to talk.
managerial accounting information for a company is primarily used by ________.
Managerial accounting information for a company is primarily used by its employees to plan, direct and control operations.
The field of accounting known as managerial accounting often referred to as cost accounting and management accounting entails the production of reports and other essential papers that support a manager's decision-making when running their business and taking actions to enhance its operations.
Various processes involved in the identification, measurement, analysis, interpretation, and distribution of information that support a company's management in its managing functions make up managerial accounting.
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Costs that change with increases and decreases in the amount produced are _____.
A-fixed costs
B–opportunity costs
C-variable costs
D-none of the above
The kind of cost, which varies with the amount of it produced will be - variable cost
What country represents a command economy ?
China is the country that most closely represents a command economy.
What is command economy?A command economy, also known as a planned economy, is an economic system where the government has control over the production and distribution of goods and services. The government sets production levels, prices, and wages based on its goals and objectives. In a command economy, the government determines what goods and services should be produced, how much should be produced, and how much should be allocated to consumers. This type of economy is characterized by central planning, public ownership of the means of production, and a lack of market forces. Command economies are often used to achieve social and political goals, such as full employment, economic growth, and price stability.
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A basic administrative directive that contains the daily plans and announcements of general interest is known by
A basic administrative directive which contains the daily plans and the announcements of general interest is known by Proof of Delivery (POD).
The administrative directive is the order as well as the stated plans which the teams as well as every member of the particular organization are needed to follow so that they can achieve the set goal of that organization.
However, a basic administrative directive that tends to contain the daily plans and announcements of general interest is known as the Proof of Delivery (POD) and so it is said to help in order to know the direction of the organization.
Hence, the administrative directive is a documented procedure.
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when probiding airweay management and ventilation procedures, which of the following is required for body substance isolation
Gloves, mask, and goggles is must when providing airway management and ventilation procedures. This is necessary to prevent bacteria and viruses from being infected during the airway management and ventilation procedures.
Airway management generally can be defined as the planning, assessment, and series of medical procedures required to restore and also maintain an individual's breathing or ventilation. air can flow from the nose and mouth into the lungs, By maintaining an open airway. The function of Airway management is to provide respiratory support to someone who is seriously injured.
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during which process does the customer approve the delivery of functionality to their business
The process of Release on Demand is the one wherein the customer is most likely to approve the delivery of the functionality to the businesses.
A business process is the one wherein different functions of the businesses are performed by either of the parties, and leads in to adding up value for the business operations. The different processes have different outcomes. It is also noteworthy to mention that the business processes are dependent on each other due to the various cross-functioning of the operations within the organization.
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In this figure, obtaining more books by giving up some movies is called a(n) ______; whereas losing two books in order to gain 1 movie is referred to as ______ cost.
In this figure, obtaining more books by giving up some movies is called a(n) trade-off; whereas losing two books in order to gain 1 movie is referred to as production cost.
The capital-structure irrelevance statement, which was developed by the economists Modigliani and Miller in the 1950s after they investigated capital structure theory, is the foundation of the static trade-off theory.
According to this thesis, in ideal markets, a company's capital structure is irrelevant because its earning potential and the risk associated with its underlying assets define its market value.
Value, in the opinion of Modigliani and Miller, is unaffected by the type of finance used and the investments made by a company. The risk to a corporation grows as debt increases, somewhat offsetting the decline in WACC. As a result, the static trade-off hypothesis identifies a debt and equity combination where the declining WACC balances the rising.
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In 1970, the compensation of top CEOs was about _____ times what the average company employee earned. In 2015, it was more than _______ times.
Top CEOs were paid nearly 40 times as much in 1970 as the typical employee of the business. It happened over 300 times in 2015. People can create a company as a legal entity.
They are able to buy and sell products and services, typically as stockholders, thanks to it. In most circumstances, businesses want to turn a profit. But some businesses are non-profit institutions. Businesses have the same hiring and firing rights that people do. A corporation, sometimes known as co., is a legal designation for a group of people with a particular goal who are either naturally occurring, legally created, or a combination of both. Members of the company collaborate to accomplish clearly stated objectives.
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Do you think organizations differ from each other when placing importance on areas of the SWOT analysis
Every organization or company will have a different basic SWOT analysis. This is because each organization has different goals, challenges, visions and missions.
In economy and business, SWOT (strengths, weaknesses, opportunities, and threats) analysis generally can be described as a strategic management technique and also strategic planning used to help a company or organization identify Opportunities, Strengths, Weaknesses, and Threats related to project planning and also business competition. SWOT (strengths, weaknesses, opportunities, and threats) analysis sometimes called situational assessment or situational analysis. Each organization or company have their own SWOT analysis through their vision.
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The range chart (R-chart) is most likely to detect a change in the process:
a. Mean
b. Probability
c. proportion defective
d. dispersion
e. Number of defective
The range chart (R-chart) is most likely to detect change in the process of dispersion.
What is a range chart?The X-bar chart and the Range or R-Chart are both used in tandem when assessing process variance. The R chart shows the difference between the lowest and highest value in each subgroup in orderly fashion. The R control chart is a useful tool for assessing within-subgroup variation when there are two to eight subgroups. The R chart's midline is the average of all ranges. The positions of the control limits are three standard deviations above and below the center line. Range and register—the overall pitch aspect of an instrument's voice—should not be confused (i.e., a bass guitar has a lower register than a guitar).
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Waylon is back-to-school shopping with his mom at a large
department store. He's picked out the following items: 3 pair of
pants for $87 total, 4 t-shirts for $48 total, 1 backpack for $35, 1
hoodie for $26, 1 pair of shoes for $37. When they get to the
register, they see this sign:
BIGGEST BACK TO SCHOOL SALE OF THE SEASON
Spend $100
Spend $200
Spend $300
Spend $400
Save 10%
Save 15%
Save 20%
Save 30%
Retained earnings of $100,000 represent a corporation's cumulative earnings ______ and is shown on the ______.
A corporation's cumulative profits balance sheet is represented by retained earnings of $100,000, which are displayed on the statement or retained sheet.
How are cumulative retained earnings determined?After subtracting any net dividends given to shareholders, the retained earnings are calculated by adding net income to the retained earnings from the prior term (or subtracting net losses from them). At the conclusion of each accounting period (monthly, quarterly, or annually), the amount is determined.
What exactly is retained income?Retained earnings are the portion of profits or earnings that are not distributed to shareholders as dividends. These profits are put back into the company to buy fixed assets and meet working capital needs. It can also be employed to pay off any form of debt.
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Obed manages a large dry cleaning facility. Recently, he asked you how to make sure his facility has the best possible culture. What would you recommend to Obed in terms of choosing an organizational culture
A sizable cleaning equipment facility run by Obed. He just asked for advice on how to make sure the atmosphere at his institution is positive. What advice would you give Obed.
What precisely does "organizational culture" mean?Organizational culture refers to a company's beliefs, goals, and attitudes as well as how they influence how its employees behave. The corporate culture of a company affects how customers or suppliers engage with that company.
What examples of organizations are there?Whether a for-profit or nonprofit corporation, the structure, ideals, psychology, and sociology of the organization are all included in the concept of organizational culture. Philosophy, beliefs, expectations, and experiences are only a few components of company culture.
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How do you pay for large purchases?
There are several ways you can cover the expense of a large purchase. The most cost-effective choice will depend on whether you want to use cash, a credit card, or a personal loan. Even while you can pay with cash, you might not have enough on hand to pay for a sizable purchase.
Even for expensive purchases, cash is still the most advantageous payment method. You don't have to worry about repaying lenders when you pay with cash. Additionally, you won't have to be concerned about interest charges accruing if you pay the entire amount in cash. However, it is uncommon for customers to be able to pay in whole for goods like cars and houses; if they do, it is probably because they have been saving for the purchase for months or even years.
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Which of the following describes the typical shape of the monopolist's total cost curve? a. Total costs rise and grow steeper as output rises. b. Total costs decrease and become flatter as output rises. c. Total costs are typically constant and are shown by a straight horizontal line.
Answer:
A. Total costs rise and grow steeper as output rises.
Explanation:
Wheat germ Health food reported the following information Proceeds from issuance of notes payable $13,057 Additions to plant and equipment 5,379 Proceeds from owners 30,957 Proceeds from sales of plant and equipment 1,986 Payments of debt 80,323 Calculate the net cash flow from (a) financing and (b) investing activities for Wheat germ
The net cash flow from financing activities for Wheat Germ is -$36,309 and the net cash flow from investing activities is -$3,393
Net cash flow from financing activities is the difference between the cash inflows and outflows from financing activities. In this case, Wheat Germ Health Food has reported proceeds from the issuance of notes payable, proceeds from owners, and payments of debt.
Net cash flow from financing activities = Proceeds from issuance of notes payable + Proceeds from owners - Payments of debt
Net cash flow from financing activities = $13,057 + $30,957 - $80,323 = $(-36,309)
Net cash flow from investing activities = Proceeds from sales of plant and equipment - Additions to plant and equipment
Net cash flow from investing activities = $1,986 - $5,379 = $(-3,393)
So the net cash flow from financing activities for Wheat Germ is -$36,309 and the net cash flow from investing activities is -$3,393
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Which of the following is NOT an element used to compute crash cost per period?
A. crash cost
B. optimistic time
C. standard time
D. crash time
Optimistic time is is not an element used to compute crash cost per period.
What is Optimistic time?
Optimistic time is a type of scheduling technique used in project management. It is the estimated time required to complete a task, based on the most favorable conditions. It is usually calculated by taking into account the most optimistic assumptions, such as perfect conditions, no delays, and no unforeseen obstacles. This type of estimation is used to set a realistic deadline for a project and to help manage expectations.
What is Crash cost ?
Crash cost is the increased cost associated with completing a project in a shorter period of time than originally planned. It typically involves additional staff, resources, and overtime to complete the project quickly.Crash cost is a common strategy for overcoming project delays, but it can also be used to meet aggressive project deadlines. The cost of crashing is usually much greater than the cost of completing the project on time, so it should be used judiciously.
Therfore the correct option B. optimistic time.
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Statements Answer 1. Significant financial statement accounts are materially affected, either directly through entries in the general ledger, or indirectly through the creation of rights or obligations that may or may not be recorded in the general ledger by __________. 2. The auditors should design procedures to provide a high level of assurance that the controls related to each __________ are operating effective. 3. A significant deficiency is a control deficiency that is less severe than a __________ yet important enough to merit attentions by those responsible for oversight of the company's financial reporting. 4. To express the internal control opinion, the auditors should obtain sufficient evidence on the effectiveness of controls at the _________ date. 5. Ineffective audit committee oversight of management is regarded as at least a __________. significant deficiency
Answer:
Explanation:
1. Significant financial statement accounts are materially affected, either directly through entries in the general ledger, or indirectly through the creation of rights or obligations that may or may not be recorded in the general ledger by major class of transaction.
2. The auditors should design procedures to provide a high level of assurance that the controls related to each relevant assertion are operating effective.
3. A significant deficiency is a control deficiency that is less severe than a material weakness yet important enough to merit attentions by those responsible for oversight of the company's financial reporting.
4. To express the internal control opinion, the auditors should obtain sufficient evidence on the effectiveness of controls at the as of date.
5. Ineffective audit committee oversight of management is regarded as at least a significant deficiency
What are the 4 goals of marketing?
The four primary goals of marketing are: increasing brand awareness, driving sales growth, generating leads, and developing loyalty.
1. Increasing Brand Awareness: The primary goal of increasing brand awareness is to make customers recognize a product or service so that when they are looking for a particular item, they will think of the company offering it. It also helps to create trust and loyalty between the customer and the company.
2. Driving Sales Growth: The goal of driving sales growth is to increase the number of sales made. Companies use various tactics like promotions, discounts, and marketing campaigns to get more customers to purchase their products or services.
3. Generating Leads: Generating leads is the process of finding potential customers who may be interested in a company's offerings. Companies use various tactics to generate leads, such as email campaigns, search engine optimization, and social media marketing.
4. Developing Loyalty: Developing loyalty is the goal of building long-term relationships with customers. Companies use loyalty programs, rewards, and customer service to develop a trusting relationship with customers and increase their likelihood of returning in the future.
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