Assets, stockholders' equity, and revenues for the two cases are different due to the accounting treatment of the investment in Company T's common stock by Company P.
In Case 1, where Company P purchased some of Company T's shares as a long-term investment, the purchase price of $25 per share is higher than the par value of $10 per share. As a result, Company P records the investment at the purchase price of $25 per share, which increases its assets. The difference between the purchase price and the par value is recorded as a premium on the investment. Therefore, Company P's assets and stockholders' equity are higher compared to Case 2.
In Case 2, where the fair value of Company T's stock at the end of the year is $22 per share, Company P does not adjust the carrying value of its investment. Instead, it continues to report the investment at the purchase price of $25 per share. This results in a potential unrealized loss of $3 per share ($25 purchase price - $22 fair value). However, this unrealized loss is not recognized in the income statement, so it does not affect the reported revenues. Therefore, Company P's assets, stockholders' equity, and revenues remain higher compared to Case 2.
Overall, the differences in assets, stockholders' equity, and revenues between the two cases are due to the different accounting treatments of the investment in Company T's stock and the unrealized gain or loss on that investment.
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The law of demand relates primarily to which of the following?
A
the actions of producers in response to changes in prices
B
the actions of producers in response to changes in production costs
C
the actions of consumers in response to changes in prices
D
the actions of consumers in response to changes in production costs
The law of demand relates primarily to the actions of consumers in response to changes in prices. Thus option (C) is correct.
What is demand?A demand of a product or a commodity is how much a consumer is willing and able to pay for a product at a given time.
The law of demand states the relationship between price and quantity demanded, ceterus paribus. It states that when the price of a product increases its demand decreases, other things remaining constant and vice versa.
The graphical representation of the law of demand is known as demand curve . When the tuition fees of a college falls then the demand for college enrollment will rise.
The law of demand relates primarily to the actions of consumers in response to changes in prices. Therefore, option (C) is correct.
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Explain the tool of monetary policy a government could use to gain positive balance of payment
Answer:
What is the tool of monetary policy?
Central banks have four main monetary policy tools: the reserve requirement, open market operations, the discount rate, and interest on reserves. 1 Most central banks also have a lot more tools at their disposal. Here are the four primary tools and how they work together to sustain healthy economic growth.
Explanation:
Strategic Management crucially define and determine the long term performance of a
business entity. This is with reference to, Nokia, who lost its pace in the smartphone
race. As quoted by source:"Nokia has been long the market leader in the mobile phone market and with its enormous reach and huge customer base, had successfully created significant entry barriers for any new player as such. Its Symbian OS being the backbone of the whole success story contributed to a great deal in its higher perceived ease of use. Customers used to enjoy the features, thanks to highly simplified GUI. It ruled the middle and low end market for long. But, Nokia did a blunder and lost its market share."(Source: https://www.marketing91.com/nokia-lost-market-share/) In the context of above case, define the term strategic management, discuss, what are the three major challenges to strategic management and specifically point out in relation to Nokia among the three challenges, out of these challenges which challenge hit hard to the Business Giant.
Strategic management is the process of setting and implementing long-term goals, plans, and actions to improve an organization's overall performance and competitiveness.
In Nokia's case, the three major challenges to strategic management were: adapting to technological advancements, maintaining competitive advantage, and responding to changing consumer preferences. Among these challenges, Nokia was hit hardest by failing to adapt to technological advancements, particularly in the smartphone market. Nokia was unable to keep pace with rapid technological advancements, specifically the rise of smartphones and their operating systems.
Competitors like Apple and Android-based devices quickly gained market share with innovative features and better user experiences. Nokia's inability to adapt and improve its Symbian OS played a significant role in its decline. The company also struggled to maintain a competitive advantage and respond to changing consumer preferences as they shifted towards new devices and platforms.
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ANSWERS
JOKER
DONATIONS
132423
BAAD
ALIENS
Answer:
ALIENS
Explanation:
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Sam Tuckerton sells for Fair Designs, Inc. He is on a 4. 5% straight commission with a $1,800 drawing account. If he is paid the draw at the beginning of the month and then sells $125,000 during the month, how much commission is owed to Sam?
$5,625 will be the commission owed to Sam at on a 4. 5% straight commission with a $1,800 drawing account.
Sam's commission is calculated based on his sales for the month. Since he is on a straight commission of 4.5%, his commission can be calculated by multiplying his sales by 4.5%.
First, let's calculate Sam's draw:
$1,800
Next, let's calculate his total commissionable sales for the month:
$125,000
Now, let's calculate his commission on his sales:
Commission = Commission rate x Sales
Commission = 0.045 x $125,000
Commission = $5,625
An account is a record of financial transactions between parties. It can be used to track assets, liabilities, income, expenses, and equity. Accounts can be kept manually or using accounting software. Properly maintained accounts are important for accurate financial reporting, tax compliance, and making informed business decisions.
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krysta wants to take piano lessons. she asked a teacher how many new pieces she could expect to learn each month. the teacher gave an estimate of 3. write an equation that shows how the total number of pieces krysta would learn, y, depends on the number of months of piano lessons, x.
The required equation is y = 3x which represents the total number of pieces Krysta would learn, where x months of piano lessons.
What is the Linear equation?A linear equation is defined as an equation in which the highest power of the variable is always one.
Krysta wants to learn to play the piano. She inquired with an instructor about the number of new pieces she could anticipate studying each month. The teacher estimated three.
Let y represent the total number of pieces Krysta would learn,
And x represent depends on the number of months of piano lessons,
According to the given situation, we can write the equation would be as:
⇒ y = 3x
Therefore, the required equation is y = 3x which represents the total number of pieces Krysta would learn.
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Levi has always wanted to be a lawyer, but the top career cluster for him, according to his personal assessment, is the Arts, A/V Technology, and Communications cluster. What would be a mistake for Levi after taking the personal assessment? giving up on being a lawyer researching the Arts, A/V Technology, and Communications career cluster talking about the test with a school counselor researching the Law career cluster
Answer:
A) Giving up on being a lawyer
Explanation:
Just because some test told Levi he was good at the Arts, A/V Technology and communications cluster. Doesn't mean it he has to give up on his goal.
Answer:
A. giving up on being a lawyer
Explanation:
Edge 2021
Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
He market for oranges is in equilibrium. now suppose that a cold snap hits florida, and at the same time a new research shows that eating oranges reduces risk of heart disease. what will be the effect of these changes on the equilibrium price and quantity in orange market
As the equilibrium quantity rises, the equilibrium price will decline. What is an example of an equilibrium if extraordinarily favorable weather results
In a considerably larger than anticipated orange harvest?
Several instances of equilibrium include: a book that is open and at rest. a vehicle that is going steadily. a chemical process where both the forward and reverse rates of reaction are equal.
Does equivalence imply equality?
Equilibrium does not always imply an equal distribution of reactants and products. The fact that both the forward and backward reactions proceed at the same pace indicates that the reaction has progressed to a stage where the concentrations of the reactant and product remain constant throughout time.
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What can be used to customize how the data is tracked in the conversions column?
Custom conversions can be used to customize how the data is tracked in the conversions column.
Using custom conversions can be an effective way to better track and analyze data. With custom conversions, you can customize the data that is tracked in the conversions column.
This allows you to tailor the data to suit your specific needs and provides you with a more in-depth understanding of how your marketing campaigns are performing. By setting up custom conversions, you can gain a deeper understanding of which of your campaigns are the most effective, and use this information to optimize your strategies and maximize the return on investment.
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What is the most easy career you can take that still gets you a decent amount of money?
Answer: Entrepreneur
Explanation:
Being self employed
Rayman Automobiles, an automobile manufacturing company, was founded in 1912. The company primarily focused on creating greater efficiencies by refining its processes and creating specialized jobs. This allowed the company to increase its output and lower the prices of its products. As a result, automobiles became an affordable commodity. In the context of the history of American business, Rayman Automobiles was most likely founded during the _____. a. marketing era b. digital information era c. production era d. entrepreneurship era
Answer:
Option C: Production Era
Explanation:
The production era. Is known as Stage 2 of marketing's evolution. found in the 1930s, highest production capability than ever before. The problem now became competition then. It was characterized by mass production of lots of products increased the availability of product in the marketplace that is available.
you receive an inheritance of $12,500, and you place the full amount into a bank account. the bank pays a simple interest rate of 7.5%. how much interest will you have earned after three years? round your answer to the nearest cent. do not round until you have calculated your final answer.
We will have earned interest approximately $2,812.50 .
We can use the formula:
Interest = Principal * Rate * Time
In this case, the principal is $12,500 and the interest rate is 7.5%. The time period is three years.
Substituting these values into the formula, we have:
Interest = $12,500 * 0.075 * 3
Calculating this expression, we get:
Interest = $2,812.50
Therefore, after three years,we will have earned approximately $2,812.50 in interest.
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In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison. Suggest three reasons for this differential in earnings.
Answer: See explanation
Explanation:
The reasons for the difference in wages include:
1. Education and training: A nurse uses about 4-5 years to train to become a nurse while a surgeon uses about 15 years both at medical school and for further training and examination before he or she qualifies as a surgeon. This is a reason for the higher earning of the surgeon.
2. Also, due to the low barriers to entry, there are numerous nurses than surgeons who are few. This affects earnings as well as there are more supply of nurses which brings about a lower income than surgeons who are scarce and highly priced.
3. The skills and experience matters as well and the risks involved in their jobs results in wage difference too.
In an adjustable-rate mortgage loan, the interest rate is tied to an objective economic indicator called
a. a mortgage factor.
b. a discount rate.
c. an index.
d. a reserve requirement.
In an adjustable-rate mortgage loan, the interest rate is tied to an objective economic indicator called an index. An index is a statistical measure of change in an economy or financial market. The most commonly used indexes in adjustable-rate mortgages are the London Interbank Offered Rate (LIBOR), the Constant Maturity Treasury (CMT) rate, and the Cost of Funds Index (COFI).
When borrowers take out an adjustable-rate mortgage, they typically pay a fixed interest rate for an initial period of time, usually five to ten years. After that initial period, the interest rate adjusts periodically based on changes in the chosen index. For example, if the LIBOR increases by 0.25%, the borrower's interest rate will also increase by the same amount.It is important to note that the interest rate on an adjustable-rate mortgage can go up or down depending on the performance of the index. This means that borrowers who choose an adjustable-rate mortgage should be prepared for potential fluctuations in their monthly mortgage payment.In summary, the interest rate in an adjustable-rate mortgage loan is tied to an objective economic indicator called an index. This index is used to determine the periodic adjustments in the interest rate, and borrowers should be aware of the potential for fluctuations in their monthly mortgage payment.
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Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. The issue price will be $1,000. The tax rate is 35%. If the flotation cost is 2% of the issue proceeds, then what is the after-tax cost of debt? Disregard the tax shield from the amortization of flotation costs. Round your answer to two decimal places. % What if the flotation costs were 11% of the bond issue? Round your answer to two decimal places. %
Answer:
if the flotation costs were 2%, the after-tax cost of debt is 5.10%
if the flotation costs were 11%, the after-tax cost of debt is 4.63 %
Explanation:
After-tax cost of debt = Market Interest × ( 1 - tax rate)
Calculation of the Market Interest
Hint : Use the time value of money principles
Pv = -$1,000
Pmt = $1,000 × 8 % = $80
P/yr = 1
N = 20
Fv = $1,000
YTM = ?
Using a financial calculator, the market interest is 8%
After-tax cost of debt = Market Interest × ( 1 - tax rate)
= 0.08 × (1- 0.35)
= 0.052 or 5.20 %
If Flotation cost is 2%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.02)
= 5.096 % or 5.10% (two decimal places)
If Flotation cost is 11%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.11)
= 4.628 % or 4.63 % (two decimal places)
If you could franchise a business - what business would you choose? (2-3 sentences)
Answer:
I would choose the Franchise Dunkin Donuts since many people get hungry in the morning. And since plenty of people work in the day times. It would be a mastermind full proof plan of sweet success.
Explanation: In Russia dog does not eat your homework, I do.
A reduction in the level of unemployment would have which effect with respect to the nation's production possibilities curve?
A. It would shift the curve to the left.
B. It would not shift the curve; it would be represented by moving from a point inside the curve toward the curve.
C. It would not shift the curve; it would be represented by moving from a point on the curve to a point to the right of the curve.
D. It would shift the curve to the right.
Answer:
B. It would not shift the curve; it would be represented by moving from a point inside the curve toward the curve.
Explanation:
Here the falling in unemployment represents that there is a movement with respect to the resources that are fully employed.
In this the unemployment means that it could be occured inner side of the PPF but if there is an increase, so the point of the production would be moved inner of the PPF to the PPF
Therefore the option B is correct
when income elasticity is equal to 0.53, the good or service must be a(n) ___________________.
When income elasticity is equal to 0.53, the good or service is considered a normal goods.
Income elasticity of demand measures the responsiveness of the quantity demanded of a good or service to changes in income. It indicates how sensitive the demand for a product is to changes in income levels.
When the income elasticity of a good or service is positive but less than 1 (0 < income elasticity < 1), it is considered a normal good. A positive income elasticity means that as income increases, the demand for the good increases, but at a proportionally smaller rate.
In this case, when the income elasticity is 0.53, it indicates that for a 1% increase in income, the demand for the good will increase by 0.53%. This suggests that the good is a normal good, as the demand for it increases with rising income but at a lower rate than the increase in income.
When the income elasticity is equal to 0.53, the good or service is classified as a normal good. A positive income elasticity indicates that as income increases, the demand for the good also increases. However, the fact that the income elasticity is less than 1 suggests that the increase in demand is proportionally smaller than the increase in income. Understanding the income elasticity of demand helps economists and businesses analyze consumer behavior and predict the impact of income changes on the demand for goods and services.
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How does managing the production process impact business operations?
Answer:
Production management helps the firm to achieve its sales and business objectives by producing goods and services
Explanation:
Production management helps the firm to achieve its sales and business objectives by producing goods and services that meet the need of consumers. Sales and profit will increase if the product produced satisfies the customers' needs.
Answer:
Reduces Manufacturing Cost – By maximizing outputs while minimizing inputs, production management lowers the cost required to produce finished products. This can be used to improve profit margin, or it may be passed onto the customer to ensure a competitive advantage.
HELP A BRO OUT PLS I ALREADY LATE.
UNIT 2 activity.
The text provides tips and guidance on how to analyze a story that accompanies a healthy recipe.
What is the text about?It advises the reader to determine the author's point of view by identifying whether the writing is in first, second, or third person, which helps to understand how "close" the author is to the recipe. The closer the author is, the more trustworthy they may be as a source of healthy recipes.
The text argues that examining the story that accompanies a recipe is important because stories have a powerful way of influencing the decisions we make. By understanding the literary details in a story, we can better understand how our interaction with "food storytelling" can impact the food choices we make.
Finally, the text highlights the importance of accessing resources on the internet to improve our health but warns that stories can influence our decisions about the recipes we choose to make.
The part 2:
Would you categorize the Orecchiette with Spicy Broccoli Rabe as a healthy recipe? Why or why not?
To answer this question, it is important to consider the ingredients and nutritional information provided in the recipe. A healthy recipe typically includes nutrient-dense ingredients, limits added sugars and unhealthy fats, and provides a balance of macronutrients (protein, carbohydrates, and fat). It's also important to consider portion sizes.Do you trust this author as a source for healthy recipes?
The answer to this question will depend on one's assessment of the author's expertise and credibility when it comes to nutrition and healthy cooking. Factors to consider might include the author's credentials, experience in the field, and track record of providing accurate and helpful information.What are two recipes you found that seem healthier than the Orecchiette with Spicy Broccoli Rabe (please provide links to each recipe)? Why?
Again, this will depend on one's definition of "healthy" and the specific recipes available on the website. Some recipes that might be considered healthier could include those that are lower in calories, higher in protein or fiber, or contain a wider variety of nutrient-dense ingredients.What are two recipes you found that seem less healthy than the Orecchiette with Spicy Broccoli Rabe (please provide links to each recipe)? Why?
This will depend on one's definition of "less healthy" and the specific recipes available on the website. Some recipes that might be considered less healthy could include those that are high in calories, unhealthy fats, added sugars, or sodium.Of all the recipes you found, which one do you think is the healthiest?
This will depend on personal preference and one's definition of "healthy." It might be helpful to consider which recipes include a balance of macronutrients, a variety of nutrient-dense ingredients, and limited amounts of added sugars, unhealthy fats, and sodium.Do you think the recipe story above the Orecchiette with Spicy Broccoli Rabe gives you information that makes it easier to make a healthy choice?
This will depend on personal preference. Some people may find the story helpful in providing context and inspiration for the recipe, while others may prefer to go straight to the recipe without any additional information. Ultimately, it is up to the individual to decide what information they find helpful in making healthy food choices.Read more about healthy recipe here:
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See text below
Part 1
For this part of the activity, you'll be "picking apart" the story above the recipe by determining the author's point of view; distinguishing among fact, opinion and reasoned judgment in the story; and analyzing what the story says, as well as what inferences, or assumptions based on evidence, you may be able to draw from the text. It is precisely these kinds of literary details in the story that can influence our opinion of a recipe (and whether we decide to make it or not), so it is important to understand how our interaction with this kind of "food storytelling" can impact the food choices we make.
But first-a few tips.
When determining an author's point of view, consider whether the piece is written in first person, second person, or third person:
• First person will include words like "I" and "we"
Second person will include words like "you" and "you all"
Third person will include words like "he"/"she" and "them"
Part 2
Having considered all of these aspects of the story, take a look at the actual recipe. Once
you have familiarized yourself with the recipe, do a little exploring on
www.splendidtable.org
for other recipes.
Then, answer the following reflection questions in the same document you created in Part 1:
Would you categorize the Orecchiette with Spicy Broccoli Rabe as a healthy recipe? Why or why not?
Which statement is true when recording the sale of goods for cash in a perpetual Inventory wystem? Two journal entries are necessary: one to record the receipt of cash and sales revenue, and one to record the cost of goods sold and to reduce inventory Only one journal entry is necessary. It will record the receipt of cash and sales revenue. Two journal entries are necessary: one to record the receipt of cash and reduction of inventory, and one to record the the cost of goods sold and sales revenue Only one journal entry is necessary. It will record cost of goods sold and reduce of inventory.
Two journal entries are necessary: one to record the receipt of cash and sales revenue, and one to record the cost of goods sold and to reduce inventory.
The items and materials a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory (in American English) or stock (in British English).
The main focus of inventory management is determining the location and shape of stocked commodities. It is necessary to go before the regular and scheduled course of manufacturing and stocking of materials at various places within a facility or at several sites of a supply network.
By defining work in process (or work in progress) broadly as "all work that is or has occurred prior to the completion of production," the concept of inventory, stock, or work in process (or work in progress) has been expanded from manufacturing systems to service businesses and projects.
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jonesville produces widgets an gadgets, and its ppc is linear. it takes 5 hours of labor to produce a gadget and 10 hours of labor to produce a widget. suppose that jonesville has 100 hours of labor. what is the maximum number of widgets it can produce?
20 widgets
What is widgets?
A software widget is an application or component designed for one or more software platforms that is quite straightforward and simple to use. A desk tool or applet is an illustration of a straightforward, standalone user interface, as opposed to a more intricate application like a spreadsheet or word processor.
In order to quickly access specific information from apps without having to launch the program itself, widgets can be placed to your phone's home screen. The Calendar widget is one example, which provides you with a quick glance of the events on your calendar without requiring you to open the Calendar application.
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Plz help me.
Select the type of job best demonstrated in each example.
Aziz is hired as a Nanny even though he doesn't have any experience with it yet. ____
Martina is a Mental Health Counselor who works 40 hours per week. _______
Ethan is a Healthcare Social Worker who is paid the same amount every week no matter how many hours he works.___________
Noa is a Customer Service Representative who gets health insurance from her employer. __________
Answer:
1.) entry-level, 2.) full-time job, 3.) Salaried Job, 4.) Job with Benefits
Explanation:
Got it right of edge.
Answer:
Aziz is hired as a Nanny even though he doesn't have any experience with it yet.
✔ entry-level job
Martina is a Mental Health Counselor who works 40 hours per week.
✔ full-time job
Ethan is a Healthcare Social Worker who is paid the same amount every week no matter how many hours he works.
✔ salaried job
Noa is a Customer Service Representative who gets health insurance from her employer.
✔ job with benefits
Explanation:
Explain the difference between budget surplus and budget deficit.
Answer: budget surplus is when you have more more left over after you budget and deficit is when you went over your budget.
Explanation:
Answer:
The opposite of a budget deficit is a budget surplus. When a surplus occurs, revenue exceeds current expenses and results in excess funds that can be allocated as desired. In situations in which the inflows equal the outflows, the budget is balanced.
Explanation:
Sydney was a computer (that is, a person who makes important mathematical calculations by hand) at a corporate firm. When the company adopted number-crunching software for the purpose of efficiency, Sydney's job became redundant. Therefore, she was laid off. The increased use of technology in most companies has made Sydney's skills inessential, and she has remained unemployed for a long time. In the given scenario, Sydney is facing _____.
A. cyclical unemployment
B. seasonal unemployment
C. structural unemployment
D. frictional unemployment
In the given scenario, Sydney is facing structural unemployment. The correct option is C.
Sydney's situation aligns with structural unemployment.
Structural unemployment occurs when a person's skills or qualifications become obsolete or mismatched with the demands of the job market due to technological advancements or changes in the structure of industries.
In this case, the adoption of number-crunching software by Sydney's company rendered her hand-calculating skills unnecessary, making her job redundant.
Sydney's unemployment is not cyclical unemployment because cyclical unemployment is caused by fluctuations in the business cycle, with job losses occurring during economic downturns and recovering during upturns.
It is not seasonal unemployment either, as seasonal unemployment refers to temporary joblessness due to predictable seasonal fluctuations in demand.
Frictional unemployment involves individuals transitioning between jobs or entering the job market for the first time.
It is not applicable to Sydney's situation since she has not been actively seeking employment or facing difficulties in finding a new job.
Therefore, the most accurate classification for Sydney's unemployment is structural unemployment. Hence, The correct option is C.
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Katrina owns undeveloped land with an adjusted basis of $300,000. She exchanges it for other undeveloped land worth $750,000. Assume that Katrina holds the land as an investment.
a. Katrina's realized gain is $_______ and her recognized gain is $______.
b. Katrina's basis in the undeveloped land she receives is $______.
A. To determine Katrina's realized gain, we need to subtract the adjusted basis of the land she gave up from the fair market value of the land she received. Therefore, the realized gain is:
Realized gain = Fair market value of the land received - Adjusted basis of the land given up
Realized gain = $750,000 - $300,000
Realized gain = $450,000
Since Katrina exchanged the land as part of a like-kind exchange, she can defer paying taxes on the realized gain. Therefore, her recognized gain is $0.
B. To determine Katrina's basis in the undeveloped land she received, we need to add the realized gain (which is not recognized) to the adjusted basis of the land she gave up. Therefore, her basis in the undeveloped land received is:
Basis in the undeveloped land received = Adjusted basis of the land given up + Realized gain (not recognized)
Basis in the undeveloped land received = $300,000 + $0
Basis in the undeveloped land received = $300,000
Therefore, Katrina's basis in the undeveloped land she receives is $300,000.
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Two different manufacturing processes are being considered for making a new product. The first process is less capital-intensive, with fixed costs of only $50,200 per year and variable costs of $ 675 per unit. The second process has fixed costs of $404,000 but variable costs of only $210 per unit.What is the break-even quantity, beyond which the second process becomes more attractive than the first? The volume at which the second process becomes more attractive is ...... units. (Enter your response rounded to the nearest whole number.)
The two types of manufacturing processes.
repetitive manufacturing.
discreet manufacturing.
Oil refining, metal smelting, paper production, and some food products such as ketchup, juice, and peanut butter use continuous manufacturing processes. Manufacturing cost that is transferred from one production process to another is called transferred cost. Fixed costs are costs that do not change when sales or production volumes increase or decrease. This is because they are not directly associated with making a product or providing a service. As a result, fixed costs are considered indirect costs. Manufacturing cost is classified into three categories direct materials cost, direct labor cost, and manufacturing overhead.
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