Job costing system can be used by which types of companies

Assignment Help Financial Accounting
Reference no: EM13753315

A job costing system can be used by which types of companies?

A. Manufacturing and merchandising businesses

B. Service, manufacturing, and merchandising businesses

C. Service and mechanising businesses

Reference no: EM13753315

Questions Cloud

What will the variable expense per unit be : The selling price of a particular product is $38.00 per unit, fixed costs total $175,000, and the breakeven sales in dollars is $875,000, what will the variable expense per unit be?
Recognizes revenue upon contract completion : A construction company entered into a fixed-price contract to build an office building for $18 million. Construction costs incurred during the first year were $6 million and estimated costs to complete at the end of the year were $9 million. The buil..
Actual manucatoring overhead costs incurred in a process : What would be included in the entry to record actual Manucatoring overhead costs incurred in a process department?
Calculate taxable income and net income : Bateman Light began operations in 20X1. The company sometimes sells used warehouses on an instalment basis. In those cases, Bateman Light reports income in its income statement in the year of the sale, In its income tax return, though Bateman Light r..
Job costing system can be used by which types of companies : A job costing system can be used by which types of companies?
Translate in a convenience translation : A foreign company prepares its financial statements in a foreign language and does not provide any convenience translation. Required How might this affect an analyst’s decision to invest in this company? What are different features of financial state..
Make contingent liability and how to do tax savings : When looking at an income tax disclosure on a 10k; what would it mean when you say "Make contingent liability" and "How to do tax savings"?
A not-for-profit organization receives a restricted gift : A not-for-profit organization receives a restricted gift. When and in which type of fund should it recognize the revenue? When and in which type of fund should it recognize the related expense? What is the reason for the apparent inconsistencies betw..
Financial performance : "Financial Performance" Identify at least (3) ratios that could be manipulated to mislead investors and creditors regarding the company’s financial condition. Examine the motivation of management to manipulate the ratios identified.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is fred capital account balance at the end of year

At the beginning of the year, the capital account balances were: Fred capital, $42,365; Ethel capital, $51,352. What is Fred's capital account balance at the end of the year?

  The computer workstation furniture manufacturing that

the computer workstation furniture manufacturing that santana rey started january is progressing well. as of the end of

  Evaluate debit and credit card fees

How much of the total sales revenue is required to be paid with cash and how many customers transaction does the company imagine in January

  Determine short-run average variable cost and marginal cost

For a plant size equal to 150,000 kilowatts, determine the output level that minimizes short-run average variable costs. e. Determine the short-run average variable cost and marginal cost at the out- put level obtained in Part (d).

  Why do auditors audit retained earnings as they do the other

After every other figure on the balance sheet have been audited, it might appear that the retained earnings figure is a balancing figure and requires no further audit work. Why do auditors audit retained earnings as they do the other figures on th..

  What journal entry is recorded

Calculating Revenue Profit & Capital Profit and passing Journal Entry - If Bon Air sells 400 shares of this stock on December 31, 2007, for $60,000 cash, what journal entry is recorded?

  Cost approach and market transaction

Cost approach and market transaction (actual transaction value for identical or similar asset based on an arm's length market transaction)

  The internet is a good place to get information that is

the internet is a good place to get information that is useful to you in your study of accounting. for example you can

  Analysis more complex that firm operating in single country

Let's say that you are an analyst that is trying to understand the results and risk associated with the result of this firm. How is this analysis more complex that a firm operating in a single country? Discuss with the class at least three situations..

  Which alternative is best for crawford company

Crawford sells three types of games to national toy companies. These games are known internally as Gamma, Omega, and Lambda. Recently the Gamma and Lambda lines have not shown acceptable profits.

  Explain how much of loss can karen report on her tax return

During the year the partnership incurs a $ 120,000 loss. Explain how much of the loss can Karen report on her tax return for the current year?

  How an increase in unit selling prices affect contribution

Based on the formulas you have reviewed, what happens to contribution margin per unit when unit selling prices increase? Illustrate your explanation with an example from a fictitious company of how an increase in unit selling prices might affect ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd