Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 14, 2024

Some service businesses use job order costing. What characteristic of a service business makes it likely that job order costing will be used? Also explain

Some service businesses use job order costing. What characteristic of a service business makes it likely that job order costing will be used? Also explain the function of the work in process account in job order costing? Explain your answer

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: John J. Wild, Ken W. Shaw

2010 Edition

9789813155497, 73379581, 9813155493, 978-0073379586

More Books

Students also viewed these Accounting questions

Question

A state has a 5/35 lottery game. The ticket costs 1$. Matchingall 5 numbers (jackpot) pays 200,000$, matching 4 of the 5 numberspays 200$ and match- ing 3 of the 5 numbers pays 2$. The rest ofthe t 1...

Answered: 1 week ago

Question

1. In what ways is quality, or lack of quality visible? 2. What items must be stocked in addition to the food? Identify each of these items. 3. How important do you think employee scheduling is?...

Answered: 1 week ago

Question

★★★★★

4 S Stephanie produces earrings. She sells each pair of earrings for $6. The table below shows how many pairs of earrings can be produced, depending on the number of workers Stephanie hires. Fill in...

Answered: 1 week ago

Question

★★★★★

In Exercises find the second derivative of the function. f(x) = 8 (x - 2)

Answered: 1 week ago

Question

★★★★★

Why do you think Nickell and DeHart wanted a strategic investor to help Threadless work through its operational problems rather than hire a consulting firm? Hiring a consulting firm wouldnt have...

Answered: 1 week ago

Question

★★★★★

In how many different ways can four letters, A, B, C, D, be arranged?

Answered: 1 week ago

Question

★★★★★

3. Eliminate time wasters and distractions. Study in a room without a television or your roommate, then turn off your phone and stay off social mediamaybe even off the Internet altogether.

Answered: 1 week ago

Question

★★★★★

On July 1, 2014, Dynamic Company purchased for cash 40 percent of the out-standing capital stock of Cart Company. Both Dynamic and Cart have a December 31 year- end. Cart, whose common stock is...

Answered: 1 week ago

Question

★★★★★

please dont use chat gpt 4 0 4 .

Answered: 1 week ago

Question

★★★★★

> Question 10 1 pts warter are: Kale Corporation has two divisions; Outdoor Plants and Indoor Plants. The results of operations for the most recent quarter are: Outdoor Plants Indoor Plants Sales...

Answered: 1 week ago

Question

★★★★★

On March 1, 2025, Oriole Company purchased land for an office site by paying $2520000 cash. Oriole began construction on the office building on March 1. The following expenditures were incurred for...

Answered: 1 week ago

Question

★★★★★

Icebreaker Company (a U.S.-based company) purchases materials from a foreign supplier on December 1, 2020, with payment of 17,000 dinars to be made on March 1, 2021. The materials are consumed...

Answered: 1 week ago

Question

★★★★★

Assume Avaya contracted to provide a customer with Internet infrastructure for $2,100,000. The project began in 2024 and was completed in 2025. Data relating to the contract are summarized below:...

Answered: 1 week ago

Question

★★★★★

Problem 9-2 (Algo) Lower of cost or net realizable value; by product, category, and total inventory [LO9- 1] Ace Hardware Store sells two product categories, tools and paint products. Information...

Answered: 1 week ago

Question

★★★★★

In theory, a 3.0GHz processor is not 50% faster than a 2.0GHz processor.

Answered: 1 week ago

Question

★★★★★

Sunny Day Manufacturing Company has a current stock price of $33.35 per share, and is expected to pay a per-share dividend of $2.03 at the end of the year. The companys earnings and dividends growth...

Answered: 1 week ago

Question

★★★★★

The Heese Restaurant Group manufactures the bags of frozen French fries used at its franchised restaurants. Last week, Heeses purchased and used 101,000 pounds of potatoes at a price of $ 0.70 per...

Answered: 1 week ago

Question

★★★★★

6.18 Describe the role that psychologists play in prevention and treatment of HIV/AIDS.

Answered: 1 week ago

Question

★★★★★

6.12 Describe the theoretical understandings of somatic symptom and related disorders.

Answered: 1 week ago

Question

★★★★★

When interacting with people who are not native English speakers, it may be a good idea to pay extra attention to the nonverbal behaviors. Facial expressions, gestures, tone of voice, and body...

Answered: 1 week ago

Previous Question Next Question