Lo 4.1which of the following product situations is better suited to job order costing than to process costing?
each product batch is exactly the same as the prior batch.
the costs are easily traced to a specific product.
costs are accumulated by department.
the value of work in process is based on assigning standard costs.
Answers: 2
Business, 22.06.2019 00:30, juicyx39
Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150
Answers: 1
Business, 22.06.2019 19:00, RoyalGurl01
Describe how to write a main idea expressed as a bottom-line statement
Answers: 3
Business, 23.06.2019 01:30, fanta47
Bruce matthews played football for the tennessee titans. as part of his contract, he agreed to submit any dispute to arbitra- tion. he also agreed that tennessee law would determine all matters related to workers' compensation. after matthews retired, he filed a workers' compensation claim in california. the arbitrator ruled that matthews could pursue his claim in california but only under tennessee law. should this award be set aside?
Answers: 2
Lo 4.1which of the following product situations is better suited to job order costing than to proces...
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