subject
Business, 31.12.2019 22:31 bcozort611

Robert wilkins has prepared the following list of statements about process cost accounting. identify each statement as true or false. 1. process cost systems are used to apply costs to similar products that are mass-produced in a continuous fashion. 2. a process cost system is used when each finished unit is indistinguishable from another. 3. companies that produce soft drinks, movies, and computer chips would all use process cost accounting. 4. in a process cost system, costs are tracked by individual jobs. 5. job order costing and process costing track different manufacturing cost elements. 6. both job order costing and process costing account for direct materials, direct labor, and manufacturing overhead. 7. costs flow through the accounts in the same basic way for both job order costing and process costing. 8. in a process cost system, only one work in process account is used. 9. in a process cost system, costs are summarized in a job cost sheet. 10. in a process cost system, the unit cost is total manufacturing costs for the period divided by the equivalent units produced during the period.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 04:40, glenn4572
Select the correct text in the passage. which sentences in the given passage explains the limitations of monetary policies? monetary policies - limitationsmonetary policies are set by the central bank to bring about growth in the economy. de can be achieved these policiesw at anden i sca poit would be fair to say that changes in the economy cannot be brought about instantly by monetary po des. monetary policy can only influence not control, economic growththe monetary policy makers do work on sining the perfect balance between demand and supply of money in the economy
Answers: 3
image
Business, 22.06.2019 07:30, QueenNerdy889
1  2  3  4  5  6  7  8  9  10time remaining59: 30in  the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war? 1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war?
Answers: 1
image
Business, 22.06.2019 11:10, AM28
Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy. b. this is a negative response strategy. c. this is a response strategy for either positive or negative risk known as contingency planning. d. this is a response strategy for either positive or negative risks known as passive acceptance.
Answers: 2
image
Business, 22.06.2019 12:00, elianagilbert3p3hh63
Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening. a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number. include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i. e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?
Answers: 1
You know the right answer?
Robert wilkins has prepared the following list of statements about process cost accounting. identify...

Questions in other subjects:

Konu
Mathematics, 14.09.2020 06:01
Konu
Social Studies, 14.09.2020 06:01
Konu
Mathematics, 14.09.2020 06:01
Konu
Mathematics, 14.09.2020 06:01
Konu
Mathematics, 14.09.2020 06:01
Konu
Mathematics, 14.09.2020 06:01
Konu
Mathematics, 14.09.2020 06:01
Konu
Mathematics, 14.09.2020 06:01
Konu
Health, 14.09.2020 06:01