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Questions in business

[Free] Work in process, beginning | Materials | Conversion Cost ---|---|--- $8,000 | $6,000 Current added during January | $40,000 | $32,000 Equivalent units of production | 100,000 | 95,000 Cost per equivalent unit | $0.46 | $0.41 Units completed and transferred to the next department | 90,000 units Work in process, ending | 12,000 units Materials are added at the beginning of the process. The ending work in process is 60% complete with respect to conversion costs. What cost would be recorded for the ending work in process inventory? 1) $6,420. 2) $7,364.

[Free] In an insurance company, a salesperson is given 2% commission on her first P10,000 worth of sales, 5% commission on her next P20,000 worth of sales, and 10% on sales in excess of P30,000. How much is her total pay in a month if she has a salary of P15,000 and a total sales of P80,000?

[Free] Fill in the blanks. NBFC shall not resort to _______ for recovery of loan amount. Options: 1. Undue Harassment 2. Peaceful ways 3. RBI 4. Police

[Free] Which of the following is a benefit of businesses prioritizing environmental sustainability? a. Increased dependency on non-renewable resources. b. Alignment with consumer demand for eco-friendly products and services. c. Reduced importance of ethical decision-making. d. Decrease in stakeholder engagement and loyalty.

[Free] What do you indicate and imply when you select the Booking OK indicator for an item in the invoice? There are two correct answers. - The item has been checked. - The item is selected for the invoice posting. - The item has been processed. - The item requires a manual booking confirmation when posting.

[Free] D&O insurance is required when there is lack of judgment and good faith in the company. TRUE FALSE

[Free] Overinsurance of a property policy exists when one or more contracts covering the property is in excess of what value? A) Market B) Fair C) Stated D) Replacement

[Free] (a) Ram, Krishan, and Bhagwan are partners sharing profits and losses in the ratio of 5:3:2. Find out the new profit-sharing ratio for the remaining partners when: (i) Ram retires, (ii) Krishan retires, (iii) Bhagwan retires.

[Free] What is monopolistic competition? A) A market where all firms sell identical goods B) A market dominated by a few large firms C) A market with a single seller controlling all production D) A market structure where many firms sell similar but slightly differentiated products

[Free] Create an example of a situation where there is a negative cash flow.