Which of the following refers to direct materials plus direct labor? a. Conversion costs b. Direct costs
Question:
Which of the following refers to direct materials plus direct labor?
a. Conversion costs
b. Direct costs
c. Indirect costs
d. Prime costs
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Omar ELmoursi
I'm Omar, I have Bachelor degree in Business and Finance, My unique approach is to help students with questions and assignments, I can teach Business, Math, Accounting, Managerial Accounting, Economy, Human resources management, organizational behavior, project management, I have experience dealing with different types of students and teach them how to deal with different types of exercises.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Horngrens Accounting The Managerial Chapters
ISBN: 9781292105871
11th Global Edition
Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
Question Posted:
Students also viewed these Business questions
-
1. differential costs are (cma adapted) (points : 1) the difference in total costs that result from selecting one choice instead of another. the profit foregone by selecting one choice instead of...
-
Imagine, now you work as an investment advisor at a financial firm. Please introduce two money market instruments and two bond market instruments to your client. You can pick any two money market...
-
1. Direct costing may be used for: Answer internal reporting purposes. external financial reporting purposes. income tax reporting purposes. all of the above. The primary difference between...
-
Courts are more willing to find misrepresentation if the defendant has a fiduciary relationship with the plaintiff than if a transaction occurs at arms length between the parties. True False
-
Prove each identity. (a) arcsin(x) = arcsin x (b) arctan(x) = arctan x (c) arctan x + arctan 1 / x = / 2, x > 0 (d) arcsin x + arccos x = / 2 (e) arcsin x = arctan x / 1 - x2
-
Match each of the key terms with the definition that best fits it. _____________ A field that can be derived from other database fields. Here are the key terms from the chapter. The page where each...
-
Explain the following pairs in relation to each other: a. Method and operation b. Event and state. c. Interaction and message.
-
What key reporting options are available to government colleges and universities?
-
What is the net income for this period and total assets on this balance sheet Use the following adjusted trial balance to answer questions 22-25. Cash $ 6,530 Accounts Receivable 2,450 Prepaid...
-
What is the cost of direct materials used? a. $101,000 b. $103,000 c. $114,000 d. $102,000 Suppose a bakery reports the following information: Beginning Raw Materials Inventory Ending Raw Materials...
-
Costs that can be easily and cost-effectively traced to a cost object are known as a. prime costs. b. indirect costs. c. direct costs. d. hidden costs.
-
Aminata is a tax expert, whereas Rob is a tax novice. Explain how their process in identifying tax issues may differ.
-
Discuss how financial options and their valuation techniques play key roles in risk management? Explain.
-
List five (5) financial management principles that are helpful. How does each principle help you become financially literate? What is the most important piece of advice you can give someone who is...
-
How much interest is paid in total on a 3-year loan for $28 600 (rounded to the nearest dollar)? The interest rate is 8.7% compounded monthly and the payments are monthly.
-
If Stupo borrows the amount shown below for the duration shown, and instead of paying off the amount agreed upon when due decides to keep the money for a year, how much will he have to pay on the...
-
Can a ratio be too high or too low? A higher current ratio is generally considered to be better, but can a current ratio be too high? What do you think?
-
As owner of a local, independent supermarket, explain how you would evaluate the firms strategy.
-
Reconsider Prob. 1474. In order to drain the tank faster, a pump is installed near the tank exit as in Fig. P1475. Determine how much pump power input is necessary to establish an average water...
-
A small research device is purchased for $10,000 and depreciated by MACRS depreciation . The net benefits from the device, before deducting depreciation , are $2000 at the end of the first year and...
-
When there is little or no inflation, a homeowner can expect to rent an unfurnished home for 12% of the market value of the property (home and land) per year. About 18 of the rental income is paid...
-
(This is a continuation of Problem 14-53.) As inflation has increased throughout the world, the rental income of homes has decreased and a net annual rental income of 8% of the market value of the...
-
3. A rock has a remanent magnetization of Bm and an induced magnetization of Ba shown below. (1) Show the total magnetization (Bt) in the figure. (2) Describe how the rock's magnetization will change...
-
4.6 Design a Lapple conventional cyclone to function as a precleaner. The particles have a density of 1250 kg/m, and have the same size distribution as in Problem 4.4, but the air is at 150 F and 1...
-
4.4 Recalculate the efficiency of the cyclone of Problem 4.2 for the fol- lowing particle size distribution. Size Range, um 0-2 Mass Percent in Size Range 4.0 2-6 16.0 6-12 20.0 12-20 20.0 20-40 20.0...
Study smarter with the SolutionInn App