Normal wastage is properly classified as: (a). An extraordinary item (b). Period cost (c). Product cost (d).
Question:
Normal wastage is properly classified as:
(a). An extraordinary item
(b). Period cost
(c). Product cost
(d). Deferred charge
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
The answer is c Product cost Normal wastage is the amount of waste that is conside...View the full answer
Answered By
User l_998468
I have extensive tutoring experience, having worked as a private tutor for over three years. I have tutored students from different academic levels, including high school, undergraduate, and graduate levels. My tutoring experience has taught me to be patient, attentive to student needs, and effective in communicating difficult concepts in simple terms.
I have a strong background in statistics, probability theory, data analysis, and data visualization. I am proficient in using statistical software such as R, Python, and SPSS, which are commonly used in academic research and data analysis. Additionally, I have excellent communication and interpersonal skills, which enable me to establish rapport with students, understand their learning styles, and adapt my teaching approach to meet their needs.
I am passionate about teaching and helping students achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Three resistors are connected in series across a battery. The value of each resistance and its maximum power rating are as follows: 2.0 and 4.0 W, 12.0 and 10.0 W, and 3.0 and 5.0 W. (a) What is...
-
One of the Fortune 500 firms with which I have worked had an 18-story office building for its world headquarters. It devoted two full floors of this building to nothing more than storing "current"...
-
United Aluminum Company of Cincinnati produces three grades (high, medium, and low) of aluminum at two mills. Each mill has a different production capacity (in tons per day) for each grade, as...
-
Discuss in what ways the rights and responsibilities of patients and employees are alike.
-
Pan American Refineries, headquartered in Houston, must decide among three sites for the construction of a new oil-processing center. The firm has selected the six factors listed below as a basis for...
-
Suppose Tree City Sporting Goods Company reported the following data at July 31, 2021, with amounts in thousands: (Click the icon to view the data.) Use these data to prepare Tree City Sporting Goods...
-
A camera is listed for $599 less 30%, 20%, and 5%. (a) What is the net price? (b) What is the total amount of discount allowed? (c) What is the exact single rate of discount that was allowed?
-
What are some of the disadvantages of the FIFO costing method?
-
How is opening work-in-progress handled in average costing?
-
A radar has the following receiver components. They are arranged in the order shown in the table below. (a) What is the receiver noise figure through the RF amp and referenced to the input of the...
-
Compliance Case II: In re: to McDonald's Corporation Stockholder Derivative Litigation, Del. 289 A.3d 343 (2023) Defendant David Fairhurst served as Executive Vice President and Global Chief People...
-
Hancock Brothers, another Wall Street investment bank, engaged in so-called "Repo 105 transactions," by which Hancock was able to move liabilities off its balance sheet at the end of each quarter...
-
What are the four key characteristics essential to an effective guiding coalition?
-
Do you think the relative uncertainty of the velocity will be larger than the relative uncertainties of the time and distance measurements, in between the relative uncertainties of the time and...
-
Two identical charges, each 7.6x10-5 C are separated by 0.11 m. What is the force of repulsion? Find the resistance of a small motor that draws 0.750 A on 115V. How much power is required to operate...
-
Zirconium is one of the few metals that retains its structural integrity upon exposure to radiation. For this reason, the fuel rods in most nuclear reactors are made of zirconium. Answer the...
-
The diagram shows the two forces acting on a small object. Which of the following is the resultant force on the object? A. 8 N downwards B. 8 N upwards C. 2 N downwards D. 2 N upwards 3 N 5 N
-
Name two items classified as prevention costs.
-
Name two items classified as prevention costs.
-
Name two items classified as prevention costs.
-
The following particulars relating to the year ended 31 March 2019 have been extracted from the books of William Belford. $ Trade receivable control account balance on 1 April 2018 Sales Cash...
-
The following balances are from the accounts of Santa Maria Parts: Direct materials inventory Work-in-process inventory Finished goods inventory July 1 (Beginning) $ 96,800 89,600 98,000 September 30...
-
Identify and describe the 5 most significant product innovation challenges Australian SME's face over the next 5 years. To overcome these challenges Australian SMEs must implement best practices in...
Study smarter with the SolutionInn App