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Harrizon [31]
2 years ago
6

Corny Solutions processes various corn related food items. One of its facilities located in Iowa, performs some initial processi

ng of corn on the cob once it arrives from the corn fields. The corn from that facility will be further processed elsewhere into corn for popping and corn meal. The costs incurred at the Iowa plant would be considered ________. a. common costs
b. fixed costs
c. distinct costs
d.combined costs
Business
1 answer:
Novay_Z [31]2 years ago
5 0

Answer:

correct option is a. common costs

Explanation:

solution

As common costs are  those associated with operating a facility shared by the two departments

and here One facility located in Iowa  and corn from the facility will be more further process into the corn for popping and the cornmeal

so as given cost at given costs at Iowa plant is common costs

so correct option is a. common costs

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A manufacturing company plans to forecast its sales. Upper management plans to assemble its most senior personnel to have meetin
ludmilkaskok [199]

Answer:

B. Jury of executive opinion method.

Explanation:

There are several methods of forecasting sales, one of which is Jury of executive opinion method. In this method, senior executives in an organization are called upon by the upper management to analyze, deliberate and come up with what probably will be the future sales of the organization which will in turn drive future revenue.

In as much as the people involved have experience in terms of forecasting, their overall submission will form the basis of future sales forecast of the organization.

Unlike Delphi method which involves the use of experts in analyzing and forecasting future sales and whose procedure is somewhat rigorous and formal, jury of executive opinion is not formal and only rely on the outcome of deliberations done by the managers appointed by the organization.

Other method of sales forecast are market share method, buyer intention method. etc.

5 0
2 years ago
A company purchased a tract of land for its natural resources at a cost of $1,500,000. It expects to mine 2,000,000 tons of ore
Natasha2012 [34]

Answer:

Option c is the correct answer.

Explanation:

The depletion expense or charge for the period can be calculated using the following formula,

Depletion expense = [(Cost - Salvage Value) / Total units expected to be mined] * Units mined during the period

Depletion expense = [(1500000 - 250000) / 2000000] * 150000

Depletion expense = $93750

The entry to record the expense is,

Depletion expense            93750 Dr

     Accumulated depletion         93750 Cr

So, option c is the correct answer.

7 0
2 years ago
Identify five basic causes of the environmental problems that we face today. What is poverty? In what ways do poverty and afflue
Orlov [11]

Answer: These can be explained as follows :-

Explanation: A.Causes of environmental problems :-

1. Urbanization

2. Deforestation

3. Overpopulation

4. Waste production

5. Industrialization

B. Poverty means a state of an individual in which he is not able to fulfill his or her basic necessities of life.

Usually poor people are not well educated and are not very ware about the cleanliness around them, they pollute rivers, forest and other natural resources.

The wealthy folks on the other hand, demand more goods and services leading to exploitation of natural resources.

C. People in toady's time period are not very aware about the environmental problems occurring due to heavy consumption of certain goods, inclusion of environment cost will lead to consumer awareness and it might work for the betterment of earth.

7 0
2 years ago
Colorado Traffic laws are revised each year by
neonofarm [45]
Puppies :D
I can explain this because this is how or entire country should be ran. Puppies are answers to everything. Don't @ me. ;)
5 0
2 years ago
Windsor, Inc. took a physical inventory on December 31 and determined that goods costing $222,500 were on hand. Not included in
katen-ka-za [31]

Answer:

December 31 Ending Inventory   $ 255500

Explanation:

Windsor, Inc.

December 31 Physical inventory on hand $222,500

Add goods sold to Metlock, Inc. for $33,000

December 31 Ending Inventory   $ 255500

Purchases in transit are not included in the inventory unless received.

Sales in transit are included in the inventory .

The goods sold are the seller's inventory unless received by the purchaser.Similarly purchases in transit are not included in the inventory evaluation.

3 0
2 years ago
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