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2 years ago

The efforts of employees who work directly to convert direct materials into the finished product are referred to as ______

Business

1 answer:

Alex_Xolod [135]2 years ago

7 0

Answer:

Direct labor

Explanation:

The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.

Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.

Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor

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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:

CaHeK987 [17]

Answer:

(D) $4,055

Explanation:

To find the adjusted book balance, we need the ending balance of the cash book:

Book balance $4,725

Less: bank service charges (25)

Less: EFT (380)

Less: NSF check returned by bank (265)

Adjusted book balance $4,055

Since bank service had been deducted from the bank, Maxis clothing had to deduct the same amount. When bank deducts any money, generally it notifies through text message or sometimes does not notify directly. Therefore, It had to be deducted from the cash book.

Maxi's accounts receivable paid him a check and the firm immediately added the amount to the cash book. When the accountant went for depositing the check, there were not sufficient fund (NSF). Therefore, the amount did not add to the bank balance. Hence, the firm had to deduct it again.

Through Electronic Fund Transfer (EFT), a payment had been made by the bank for Maxi clothing. Since the expense did not deduct from the cash book, the amount had to deduct it to get the adjusted book value.

7 0

2 years ago

An investor is analyzing a three-unit property by looking at its ability to produce future income. What would most likely be use

Monica [59]

Complete/Correct Question:

An investor is analyzing a three-unit property by looking at its ability to produce future income. Which of the following would most likely be used to determine this value?

a. Effective gross income

b. Gross income multiplier

c. Gross rent multiplier

d. Potential gross income

Answer:

c, gross rent multiplier

Explanation:

Gross rent multiplier can be defined as the ratio of the price of a real estate investment to the annual income before the calculation of expenses.

It can simply be said to be the number of years it would take a property for pay for itself through rent collection.

Gross rent multiplier is very useful when deciding or trying to select properties to invest in to ensure that factors such as depreciation, periodical cost, etc affects the property/investment drastically.

in the case of the investor in the question above, gross rent multiplier will be used to determine what the future holds for the property.

Cheers

6 0

2 years ago

MarketPoint Sales currently has a credit limit of $5,000. Because MarketPoint Sales has an excellent credit rating, BITS is incr

azamat

Yes , the given statement is true

Explanation:

Since the credit limit is now 10k for purchases of Marketpoint, the demand requires them.

You will apply for an increasing or decreasing in the loan cap electronically and will actually receive an immediate decision.

You should wait 4 months before your credit limit is extended and wait 6 months after a drop in your credit ceiling for an increase.

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2 years ago

Perform a goal seek analysis to find a packing weight that will bring the shipping weight of the retro fit clothing set down to

kodGreya [7K]

Answer:

In the product Lookup worksheet, cell F5 should contain the number generated by the Goal Seek analysis.

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2 years ago

Job shops tend to be __________ while continuous processes tend to be __________. Small-scale and flexible; Large-scale and infl

Blizzard [7]

Answer:

Small-scale and flexible; Large-scale and inflexible.

Explanation:

Job shops tend to be small scale and flexible while continuous processes tend to be large scale and inflexible.

Job Shop: It is defined as small manufacturing units that produce a specific and customized product in small batches. Most of the products produced in this process have a unique set up. The estimation of costs is generally most difficult when the Job shop process has been chosen.

Continous processes: It is a streamlined process that has a production flow of products from one step to another without any interruption. A larger quantity is produced at one time, not in batches. It requires sophisticated control system.

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2 years ago