What has been regarded as normal spoilage in the past is not necessarily acceptable as normal spoilage
Question:
What has been regarded as normal spoilage in the past is not necessarily acceptable as normal spoilage in the present or future. Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
Management effort can affect the spoi...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Question Posted:
Students also viewed these Cost Accounting questions
-
One alleged advantage of leasing voiced in the past is that it kept liabilities off the balance sheet, thus making it possible for a firm to obtain more leverage than it otherwise could have. This...
-
As a present or future organizational leader, what can you do to be an ethical role model for others?
-
What is frictional unemployment? Why is it not regarded as a serious economic problem?
-
Which of the following is NOT an internal control activity forcash? a.The number of persons who have access to cash should belimited. b.Bank accounts should be reconciled at least monthly. c.The...
-
The global standard for time is based on a transition in cesium atoms that occurs when a microwave photon of frequency 9,192,631,770 Hz is absorbed. What is the energy difference in eV between the...
-
Write a program that prompts the user for the drive letter (C), the path (\Windows\System), the file name (Readme), and the extension (txt). Then print the complete file name...
-
Discuss several reasons why a researcher would choose a within subjects approach over a between-subjects approach.
-
Products Inc., desires an after-tax income of $500,000. It has fixed costs of $2,500,000, a unit sales price of $300, and unit variable costs of $150, and is in the 40% tax bracket. Required: 1. What...
-
Evaluate 7 k+1 two ways as outlined in parts (a) and (b). using a telescoping series argument. a. Evaluate k=1 b. Evaluate 00 k=1 7 - a. Write the nth term of the partial sum. 7 Sn = - 0 7 7 7...
-
Given the time-phased work packages and network, complete the baseline budget form for theproject. Market Survey Project WBS Work Package Cost by Week WP Design 4 5 2 WP Survey 2244 4 5 WP Report 3 3...
-
Costs of abnormal spoilage are losses. Explain
-
Units of abnormal spoilage inferred rather than identified. Explain.
-
The Teksize Company makes two products, Regular and Large, using the same equipment. Large is simply a bigger version of Regular. One production run of each product is scheduled approximately each...
-
1. Describe mission, vision and culture. 2. Explain 3 reasons why a start-up organization would have a written business plan. 3. What is the importance of having a professional, polished business...
-
These are short answer questions that are for someone who has seen "The Social Dilemma" documentary or have heard of it. What are the most impressive scenes, events, and/or quotes in the movie, and...
-
A 15 year loan of $1000 is repaid with payments at the end of each year. Each of the first ten payments is 120% of the amount of interest due. Each of the last five payment is $X. The lender charges...
-
Question: (g) Assume 1 KiB page size and a 4-entry fully associative TLB with pseudo-LRU replacement. If a physical page must be allocated (i.e., the virtual page is on disk), assume the new page...
-
What are the prices of a call option and a put option with the following characteristics? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Stock price...
-
While changes must continually occur in every industry, one of the most baffling problems that business executives face is employee resistance to change. What are the common techniques to minimize...
-
SBS Company have received a contract to supply its product to a Health Care Service Hospital. The sales involve supplying 1,250 units every quarter, the sales price is RM 85 per unit. The Client...
-
At 0 C, ice has a density of 0.917 g mL -1 and an absolute entropy of 37.95 J mol -1 K -1 . At this temperature, liquid water has a density of 1.000 g mL -1 and an absolute entropy of 59.94 J mol -1...
-
Stenback Company is one of the worlds leading corn refiners. It produces two joint productscorn syrup and corn starchusing a common production process. In July 2020, Stenback reported the following...
-
Quality Chicken is computing the ending inventory values for its July 31, 2020, balance sheet. Ending inventory amounts on July 31 are 15 pounds of breasts, 4 pounds of wings, 6 pounds of thighs, 5...
-
Why does the sales value at splitoff method use the sales value of the total production in the accounting period and not just the revenues from the products sold?
-
She has no specific proportion that she must consume Lassos and baseball in . In 2 0 2 2 , the price of baseball was $ 4 per baseball, and Sue purchased 1 0 0 baseballs. She also purchased 1 0 lassos...
-
In D 2 3 : 2 8 , calculate the ratio of each cities median household income to Murfreesboro s median household income. Murfreesboro will have a ratio of 1 ( its income divided by itself ) , and other...
-
Comparitive balance sheet of Hillard Co . as of Dec 3 1 , 2 0 2 0 and 2 0 2 1 is as under: Assets 2 0 2 0 2 0 2 1 Liabilities 2 0 2 0 2 0 2 1 Cash 1 6 , 4 2 5 2 8 , 0 2 5 Accounts Payable 2 6 , 9 0 0...
Study smarter with the SolutionInn App