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Please answer all questions. If the company has inventory but does not carry Work in Process or Raw Materials inventory, what type of company is
Please answer all questions.
If the company has inventory but does not carry Work in Process or Raw Materials inventory, what type of company is illustrated? A. Merchandising company B. Manufacturing company C. Service company D. Not-for-profit company Which of the following is NOT a value chain activity? A. Human resources B. Customer service C. Marketing D. Production Work in Process inventory includes: A. raw materials that will be used in manufacturing. B. completed goods not yet sold. C. goods that are in the manufacturing process but are not yet complete. D. goods that have been shipped to customers. Which of the following is a direct coat in the production of wine for a winery? A. Utilities B. Taxes C. Insurance D. Grapes Which of the following is NOT a component of manufacturing overhead in the production of wine for a winery? A. Depreciation on the basket press B. Salaries of supervisors C. Oil and lubricants for machines D. Grape crushing labor Which of the following types of corporations has all costs along the value chain accounted for as period costs? A. Manufacturing corporation B. Merchandising corporation C. Service corporation D. None of the above Which of the following is a period cost? A. Direct materials B. Advertising C. Salaries of plant supervisors D. Wages of production line employeesStep by Step Solution
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