Describe how service-, merchandising- and manufacturing-sector companies differ from each other.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Descriptions of the three sectors are Servicesector companies provide services or intangible product...View the full answer
Answered By
Sidharth Jain
My name is Sidharth. I completed engineering from National Institute of Technology Durgapur which is one of the top college in India. I am currently working as an Maths Faculty in one of the biggest IITJEE institute in India. Due to my passion in teaching and Maths, I came to this field. I've been teaching for almost 3 years.
Apart from it I also worked as an Expert Answerer on Chegg.com. I have many clients from USA to whom I teach online and help them in their assignments. I worked on many online classes on mymathlab and webassign. I guarantee for grade 'A'.
4.90+
3+ Reviews
10+ Question Solved
Related Book For
Management and Cost Accounting
ISBN: 978-1405888202
4th edition
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, George Foster
Question Posted:
Students also viewed these Managerial Accounting questions
-
How do manufacturing companies differ from merchandising companies?
-
Describe how manufacturing, merchandising, and service-sector companies differ from each other.
-
1. Briefly describe a service company, a merchandising company, and a manufacturing company. Give an example of each type of company, but do not use the same examples as given in the chapter. 2. How...
-
QUESTION Mahkota Oil Sdn Bhd has been involved in the palm oil processing industry for several years. It has a steady market and competing successfully with other more expensive vegetable oil...
-
Grant, Inc., is a well-known U.S. firm that needs to borrow 10 million British pounds to support a new business in the United Kingdom. However, it cannot obtain financing from British banks because...
-
What would you do if you were Billy? Consider the following: How can you get it done effectively and efficiently? What do you need to say and to whom? What can you expect the pushback to be and...
-
Mass transfer models include transfer in only the packed region. Mass transfer also occurs in the column ends where liquid and vapor are separated. Discuss how these end effects affect a design. How...
-
Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 20Y8. The accounting cycle for Kelly Consulting for April, including financial statements, was illustrated in this chapter....
-
Prepare journal entries dated October 31 to record October production activities for (1) direct materials usage, (2) direct overhead applied, (4) costs transfer from Shredding to Bagging. (5) costs...
-
Prepare the Journal Entries in the General Journal Journai Entries Post Journal Entries to the General Ledger General Ledger Prepare a Trial Balance Trial Balance Prepare the Adjusting Entries...
-
Give three factors that will affect the classification of a cost as direct or indirect.
-
Why might a company prefer the adjusted allocation rate approach over a proration approach to under- or over allocated indirect costs?
-
Calculate the mean. The following data show the lengths of boats moored in a marina. The data are ordered from smallest to largest: 16; 17; 19; 20; 20; 21; 23; 24; 25; 25; 25; 26; 26; 27; 27; 27; 28;...
-
An acorn is thrown horizontally to the left by a squirrel. If the distance covered by the acorn is 5 m to the left and it took 3 s to cover that distance, determine the velocity of the acorn.
-
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other...
-
What will balance scorecard for university operation look like when the university goal is "to increase the number of international students"? Please provide the a few example of objectives for each...
-
Please submit your work as a Word document labeled CS341T_U3_YourName.docx. Click the Edit button within the submission lesson to access the submission area. Click the Select File button to upload...
-
// what is the output? public class Q { public static void main(String[] args) { int i = 1; int j = 2; while (i < 5) { i++; } j = j * 2; System.out.println(j);
-
Coffin Corporation appropriately uses the installment-sales method of accounting to recognize income in its financial statements. The following information is available for 2012 and 2013....
-
The purpose of this case is to come up with a contingency plan[s] in order to sustain the program Move With Me, a program that serves thousands of community members throughout Lower Manhattan. The...
-
(a) Flopro plc make and sell two products A and B, each of which passes through the same automated production operations. The following estimated information is available for period 1: (i) (ii)...
-
JB Limited is a small specialist manufacturer of electronic components and much of its output is used by the makers of aircraft for both civil and military purposes. One of the few aircraft...
-
You are the management accountant of a publishing and printing company which has been asked to quote for the production of a programmer for the local village fair. The work would be carried out in...
-
For this week's Portfolio Project section, view and evaluate this video:Engineering Downtown - World Trade Center Development (approx. 5 mins - opens in a new window). As one have read from the...
-
What is the importance of the concept of "the chain of customers" and how does it apply to the greater value chain? How can management use the concept of the chain of customers to drive improvement...
-
Could you help me to find the answers for these questions please
Study smarter with the SolutionInn App