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2 years ago

How can u prove that the traditional technology is the foundation of modern technology short answer

Business

1 answer:

maks197457 [2]2 years ago

5 0

Because a lot of modern technology mimics traditional technology, it just got faster and better

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The balance sheet of Purdy's BBQ reports total assets of $800,000 and $900,000 at the beginning and end of the year, respectivel

Amiraneli [1.4K]

Answer:

Option (B) is correct.

Explanation:

Given that,

Total assets (Beginning) = $800,000

Total assets (Ending) = $900,000

Net income = $85,000

Sales = $1,700,000

Average assets = [Total assets (Beginning) + Total assets (Ending)] ÷ 2

= [$800,000 + $900,000] ÷ 2

= 850,000

Purdy's asset turnover:

= Sales ÷ Average assets

= $1,700,000 ÷ 850,000

= 2

4 0

2 years ago

Indirect costs incurred in a manufacturing environment that cannot be traced directly to a product are treated as a.period costs

Dima020 [189]

Answer:

Indirect costs incurred in a manufacturing environment that cannot be traced directly to a product are treated as Product costs and expenses when the goods are sold, Option D.

Explanation:

Indirect costs are also manufacturing overheads which cannot be directly put on the product but they have to be allocated in some way. So, these are treated as 'product costs' and 'expenses' when the goods are sold. They are not period costs as per Option A and option C. Option B which says that it is product costs when incurred, which is also incorrect.

Examples of indirect costs can be accounting and legal expenses, rent, telephone expenses, salaries of administrative.

Direct costs includes the costs of direct 'labor', materials and commissions.

8 0

2 years ago

In the Vasquez Corporation, any overapplied or underapplied manufacturing overhead is closed out to Cost of Goods Sold. Last yea

wolverine [178]

Answer:

Cost of Goods Sold, after adjustment for overapplied manufacturing overhead, for the year must have been $69,000.

Explanation:

From the question, we have:

Applied manufacturing overhead cost = $29,000

Actual manufacturing overhead cost = $27,000

Cost of Goods Manufactured for the year = $71,000

Overapplied manufacturing overhead = Applied manufacturing overhead cost - Actual manufacturing overhead cost = $29,000 - $27,000 = $2,000

Therefore, we have:

Cost of Goods Sold = Cost of Goods Manufactured for the year - Overapplied manufacturing overhead = $71,000 - $2,000 = $69,000

Therefore, Cost of Goods Sold, after adjustment for overapplied manufacturing overhead, for the year must have been $69,000.

8 0

2 years ago

Which of the following statements is true regarding a work team?A) Work teams are rarely used in organizations today.B) Work tea

Lyrx [107]

Answer:

C) Work teams generate positive synergy through coordinated effort.

Explanation:

<u><em>Work teams is a team formed with number of individuals working for the same goal, who posses different talents and values, and joint together, providing a positive synergy in the team, towards the common goal.</em></u>

Work teams are focused and for reaching the goals, distribute the work among themselves through a facilitator, who is said to lead the work team, in the process of achieving a common goal.

Therefore, correct statement is:

Statement C

3 0

2 years ago

Gia Company has the following information available: Cash pledged as collateral $ 2 comma 000 comma 000 U.S. Treasury bill due

stepan [7]

Answer:

$4,400,000

Explanation:

Cash Pledged $2,000,000

Treasury bill due in one month $2,000,000

Cash in checking account $400,000

Cash and Cash Equivalents $4,400,000

Please note that treasury bill due after 90 days or maturing after 90 days are not considered cash equivalents.

6 0

2 years ago

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How can u prove that the traditional technology is the foundation of modern technology short answer​

How can u prove that the traditional technology is the foundation of modern technology short answer