What problem does the existence of work in progress cause in process costing? R1
Question:
What problem does the existence of work in progress cause in process costing? R1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What problem does the existence of work in progress cause in process costing?
-
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...
-
If we draw 100 numbers from N(50, 20), using the empirical rule, we expect how many of these numbers to be between 30 and 70?
-
make a stored procedure called projects_at_this_location that receives a location and returns the projects (if any) at that location as shown in the following sample run: (2 points) exec...
-
a) State the Framework's definition of liabilities. b) Give four examples of liabilities.
-
List the various exceptional conditions that have occurred in pro- grams throughout this text so far. List as many additional exceptional conditions as you can. For each of these, describe briefly...
-
Participating in a market. LO.1
-
A fisherman notices that wave crests pass the bow of his anchored boat every 3.0s. He measures the distance between two crests to be 6.5 m. How fast are the waves traveling?
-
Problem 5-1A Perpetual: Alternative cost flows GP1 Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. (For specific...
-
Identifying Important Accounting Abbreviations LO1-1 The following is a list of important abbreviations used in the chapter. These abbreviations also are used widely in business. For each...
-
Matching Financial Statement Items to Financial Statement Categories LO1-1 Mark each item in the following list as an asset (A), liability (L), or shareholders equity (SE) item that would appear on...
-
On January 14, Blackwell Corporation purchased 20, 11%, $1,000 Gooding Company bonds for $20,000, plus brokerage fees of $400. On November 30, the company sold 10 of the Gooding Company bonds for...
-
Analysis of the Volkswagen Scandal Possible Solutions for Recovery The Volkswagen scandal is a notorious example of how corporations can shape the ethical and political issues of the environment. The...
-
Shelby isn't sure if her forklift can safely handle the pallet she is being asked to move. What can she check to be sure
-
If schedule acceleration increases costs, how could schedule elongation reduce costs? If schedule acceleration increases costs, how could schedule elongation reduce costs? For the same total...
-
Laser Care Hospital is looking to raise tax-exempt municipal funds in the bond market. As an issuer of the bond, which of the following is not a part of the bond process that Laser Care Hospital will...
-
Find the critical value t a/2 corresponding to a 95% confidence level. (13.046, 22.15) X= 17.598 Sx= 16.01712719 n=50
-
Immediately after a used truck is acquired, a new motor is installed at a total cost of $3,850. Is this a capital expenditure or a revenue expenditure?
-
Chapter 9 Stock Valuation at Ragan Engines Input area: Shares owned by each sibling Ragan EPS Dividend to each sibling Ragan ROE Ragan required return Blue Ribband Motors Corp. Bon Voyage Marine,...
-
( US$ millions ) 1 2 / 3 1 / 2 0 1 4 1 2 / 3 1 / 2 0 1 3 1 2 / 3 1 / 2 0 1 2 1 2 / 3 1 / 2 0 1 1 Net income $ 1 4 , 4 3 1 $ 1 2 , 8 5 5 $ 1 0 , 7 7 3 $ 9 , 7 7 2 Depreciation 3 , 5 4 4 2 , 7 0 9 1 ,...
-
net present value of zero
-
Suppose at Time 0 a dealer buys $100 par of a 4%-coupon 30-year bond for a price of par and posts the bond as collateral in a repo with zero haircut. The repo rate is 5%. Then, 183 days later, the...
Study smarter with the SolutionInn App