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2 years ago

Which of the following is not part of the materials activity in the flow of manufacturing activities?

Business

2 answers:

Kazeer [188]2 years ago

8 0

Answer:

Beginning work-in-progress is not part of material activity in the flow of manufacturing activities.

The correct answer is B

Explanation:

Beginning work-in-progress is a component of production activities, which does not form an integral part of raw material activity in the flow of manufacturing activities.

777dan777 [17]2 years ago

6 0

Answer:

b. Beginning work in process

Explanation:

Work in process (WIP) doesn't form part of the flow of manufacturing activities.

The flow of manufacturing activities include the following format:

Opening raw materials

+ Raw materials Purchases

Raw materials available for use in production

- Ending Raw Materials Inventory

Raw Materials Used in Production

For manufacturing activities an entity will have the opening raw material to be used in production and will include more raw material purchased during the period which will total as the raw materials available for use in production. Through out the manufacturing activities the raw material available for use is utilized and any quantity that remains (i.e closing inventory) is subtracted to get raw material used in production, which also represents the cost of material used in the calculation of cost of goods sold (COGS).

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Jonah and Cathy were sure that they had correctly answered most of their exam questions. However, they each scored less than 60

Genrish500 [490]

Explanation:nevermind

6 0

2 years ago

Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N OUnit sale

kolbaska11 [484]

Answer:

Selling price per composite unit= $11.3

Explanation:

Giving the following information:

Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2.

Unit price and cost data are: M N OUnit sales price$12 $10 $11

First, we need to calculate the sales proportion for each product:

M= 3/6= 0.5

N= 1/6= 0.17

O= 2/6= 0.33

Now, the selling price per composite unit:

Selling price per composite unit= (0.5*12) + (0.17*10) + (0.33*11)

Selling price per composite unit= $11.3

6 0

1 year ago

Direct materials needed for production is calculated by_________.

professor190 [17]

Answer:

d. multiplying units to be produced by direct materials per unit.

Explanation:

To determine the total direct material, key parameters required are the direct material cost per unit and the number of units to be produced. The product of these two parameters gives the direct material cost required for production.

For example, if there are 10 units of an item to be produced and the direct material cost per unit is $4, the direct material cost needed for production is $40 derived from the product of the number of units and the direct material cost per unit.

Therefore, the right option is d. multiplying units to be produced by direct materials per unit.

3 0

2 years ago

York’s outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 200,000 share

7nadin3 [17]

Answer:

Dividend Each Year shall be

Year 2015 2016 2017 2018

Preference $20,000 $28,000 $42,000 $30,000

Equity $0 $0 $158,000 $320,000

Total Dividend

Preference = $120,000

Equity = $478,000

Explanation:

When the preference dividends are cumulative in nature the dividends shall be paid each year of the rate specified, in case not paid the, it is carried forward.

In the given case, preference dividend = 80,000 shares $\times$ $5 $\times$ 7.5% = $30,000

Thus, in 2015

Dividend to preference = $20,000

Dividend to Equity = $0

Also $30,000 - $20,000 = $10,000 shall be carried forward.

2016

Dividend to preference = $10,000 Arrears

Current year = $28,000 - $10,000 = $18,000

Carry forward = $30,000 - $18,000 = $12,000

Dividend to Equity = $0

2017

Dividend to preference = $12,000 Arrears

Current year = $30,000

Dividend to Equity = $200,000 - $30,000 - $12,000 = $158,000

2018

Dividend to preference = $30,000

Dividend to Equity = $350,000 - $30,000 = $320,000

4 0

2 years ago

True or False: The statistical difference between a process operating at a 5 sigma level and a process operating at a 6 sigma le

Nookie1986 [14]

Answer:

True

Explanation:

The statement is true.

8 0

2 years ago