42,000 pounds of material, at a cost of $72 per pound, were used to make 6,200 units. The difference in the cost of direct materials is $14,000.
How does direct material work?Direct materials are the resources and materials used in the production of a product that may be directly related to that product. A list of the items that have been designated as direct materials is typically included in a product's bill of materials.
The bill of materials, which may sometimes include an allocation for overhead, lists the unit amounts and typical costs of each item used in a product.
The term "direct material" refers to all waste and spoilage produced during the production process. Scrap is the surplus, pointless material that remains after a product is produced.
Calculation:
First, we arrive at the average cost of manufacturing.
The typical cost to produce 6,200 units is = 7 × $70 × 6,200
Standard cost = $30,38,000
and, now that we arrive at actual manufacturing costs
The real price of producing 6,200 units is = 42,000 × $72
Actual cost = $30,24,000
and here we are now Variance in direct material cost represented as
Standard cost minus Actual cost is the direct material cost variation.
Direct material cost variance = $30,38,000 - $30,24,000
Direct material cost variance = $14,000 favourable
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Government usually regular monopolies when the __________ cost associated with the production of an essential good or service are relatively ________, and it may not make sense to have multiple firms duplicating these cost
Government usually regular monopolies when the relative cost associated with the production of an essential good or service are relatively inelastic, and it may not make sense to have multiple firms duplicating these costs.
What is a monopoly?It is a market situation where there is only a single seller and a large number of buyers. in this market, the buyers face price discrimination as there are only one seller presentalso it occurs when there is no competition in a particular industry and no substitutes for the goods produced. In such a market, the price of a product is set by a monopolist, and no other company can make a similar product.A market structure characterized by a pure monopoly. A monopoly occurs when a supplier offers a particular good or service to a large number of consumers. A monopoly market allows a monopoly (or dominant firm) to control the market and set prices and supply.thus, in this market prices are inelastic as there is only one seller which offers price according to its will & wish.
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as product brand manager, your task is to successfully introduce burnin' rock into the marketplace and manage the brand through its product life cycle. you have significant freedom to make the marketing decisions you think best, but the vice president of marketing has directed you to make at least some profit on this brand each year beyond the first.
Under most life-cycle conditions, earnings typically height before sales do, with income achieving their peak degree in the course of the early increase levels and sales reaching their height in the maturity stages
What are the four ranges of product existence cycle and what does it help enterprise with?A product's existence cycle is commonly damaged down into four stages; introduction, growth, maturity, and decline. Product life cycles are used through management and advertising and marketing specialists to assist decide advertising schedules, price points, enlargement to new product markets, packaging redesigns, and more.
Focusing on keeping expenses low can help groups at some stage in the maturity stage of a product existence cycle
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https://brainly.com/question/28388211#SPJ4computer game companies constantly monitor game-related blogs that track the latest products, because they know their customers crave the newest and most exciting games. they use this information to create new products that primarily provide the benefit of
Using this knowledge, new items can be developed that principally offer the advantage of staying competitive in a market where new products account for the majority of sales.
What is game-related blogs?A website or blog devoted to discussing video games is known as a gaming blog. In addition to providing gamers with advice, techniques, and hacks, gaming blogs frequently feature news, previews, and reviews of video games. Some gaming blogs, nevertheless, also concentrate on certain facets of gaming culture, like cosplay, fan art, and game modding.Three interconnected criteria can be used by businesses to determine whether a new product is successful:(1) whether it meets technical requirements, such as performance;
(2) whether customers accept it;
(3) whether it meets financial requirements, such as sales and profits, for the business.
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in order for an it project to achieve its required objectives and meet quality expectations, what three boundaries should it operate within? a. budget, time, and policy b. scope, schedule, and cost c. resources, requirements, and market trends d. quality, customer satisfaction, and political intervention
In order for an it project to achieve its required objectives and meet quality expectations, the three boundaries that should it operate within are scope, schedule, and cost. So, option B that is scope, schedule, and cost is correct.
What are the three project constraints?
The three project constraints refer to the completion schedule of the project, including deadlines for each phase and deployment of final deliverables. Scope constraints provide information about specific goals, deliverables, and features required in addition to project completion. Finally, the cost constraint consists of the project budget required to complete all project activities.
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if sunshine meals inc. begins producing a range of sugar-free marmalades to target a small segment of health-conscious consumers who would be willing to pay a premium price for products appropriate for their diets, this would be an example of:
If Sunshine meals inc. begins producing a range of sugar-free marmalades to target a small segment of health-conscious consumers who would be willing to pay a premium price for products appropriate for their diets, this would be an example of a. niche marketing.
In the field of business, niche marketing can be described as a kind of marketing strategy in which a particular product is focused on a particular group of customers.
A company uses niche marketing to focus on the needs of targetted customers and design a product for them with increased value mostly.
In the scenario above, Sunshine meals inc. is focusing on health-conscious consumers by making specific sugar-free marmalades. Hence, this scenario is an example of niche marketing.
Although a part of your question is missing, you might be referring to this question:
If Sunshine Meals Inc. begins producing a range of sugar-free marmalades to target a small segment of health-conscious consumers who would be willing to pay a premium price for products appropriate for their diets, this would be an example of
a. niche marketing
b. geographic segmentation
c. point-of-entry marketing
d. geodemographic segmentation
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The two biggest factors that distinguish one competitive strategy from another concern.
The two biggest factors in a competitive strategy to attract attention are market orientation and environmental adaptability.
Business competition, or what is also known as business competition, is the phenomenon of competition or competition between business people engaged in the same field. The purpose of competing with each other is to increase business revenue by increasing sales and markets.
The purpose of preparing a business strategy is so that business activities that will be carried out or are currently running stay on the right track and in accordance with what was previously planned. The business strategy also aims as a guide to sharpening the plans that have previously been made.
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emma henderson is planning a north american odyssey and has $1500 budgeted for spending money. it costs $.60 to buy a peso and $.75 to buy a canadian dollar. she expects her adventures in mexico to take more time, so she wants to have five times as many pesos as canadian dollars. set up and solve a system of equations to model this problem, and explain what your answer means in practical terms.
The system of equations are:
0.60p + 0.75c = 1500 equation 1
p = 5c equation 2
The Mexican pesos that Emma should have is 2000.
The amount of of Canadian dollars that Emma should have is 500.
What are the solutions ?The system of equations to model the problem are:
0.60p + 0.75c = 1500 equation 1
p = 5c equation 2
Where:
p = number of pesos bought c = number of Canadian dollars boughtThe substitution method would be used to determine the required values.
Substitute for p in equation 1 using equation 2:
0.60(5c) + 0.75c = 1500
3c + 0.75c = 1500
3.75c = 1500
c = 1500 / 3.75
c = 400
Substitute for c in equation 2 :
p = 5(400)
p = 2000
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how do you know a selection device is valid? what are the possible consequences of using invalid selection methods? how can an organization ensure that its selection methods are valid?
Poor quality and unsuitable candidates will frequently be hired as a result of an ineffective staff selection process. If it is unreliable, it will make the negative effects worse and ultimately kill the organization.
Define the term invalid selection methods?Validity is a gauge of how effective a particular strategy is. A selection procedure is legitimate if it increases your chances of selecting the best candidate for the position.
It is feasible to evaluate recruiting choices based on desired results like a quick pick-up time, low attendance, or a solid safety record.Finding a new hire who is most fit for the position at hand is the process of employee selection, sometimes referred to as applicant selection. The steps in the hiring process are determined by the position for which you are hiring, your budget for recruiting, the seniority of the post, the resources at your disposal, and your organizational requirements.However, the majority of organization have a secret goal in mind when hiring new personnel. These qualities might not be present in these selecting processes.
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How are securities issued by the state and local governments and corporate bonds similar ?
How are they different ?
Securities issued by the state and local governments and corporate bonds similar and they different in the sense that government bonds, corporate bonds are exposed to interest rate risk and they are different because one is been controlled by the government and others by private companies
What are Securities?Securities can be described as the fungible as well as tradable financial instruments that can be utilized when trying to raise capital in public and private markets.
It should be noted that this can be attributed to both the state and local governments and corporate bonds.
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rebecca is a calendar-year taxpayer who operates a business. she made the following business-related expenditures in december of this year.indicate the amount of these payments that she may deduct this year under both the cash method of accounting and the accrual method of accounting.note: leave no answers blank. enter zero if applicable.a. $2,200 for an accountant to evaluate the accounting system of rebecca's business. the accountant spent three weeks in january of next year working on the evaluation.
$2900 under the cash method.Likely $2900 under the accrual method. Rebecca paid for the accounting services in advance and as long as she reasonably expected that the accountant would finish the services within 3.6 months.
After the payment, she may treat the payment as economic performance.
Economics specializes in the behavior and interactions of economic retailers and the way economies work. Microeconomics analyzes what is regarded as simple factors in the economy, consisting of character retailers and markets, their interactions, and the results of interactions. Man or woman sellers may also consist of, for example, households, corporations, shoppers, and dealers. Macroeconomics analyzes the economy as a device where production, consumption, saving, and funding engage, and factors affecting it: employment of the assets of labour, capital, and land, foreign money inflation, monetary boom, and public policies which have impact on those factors.
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how might advertising reduce economic wellbeing? how might advertising increase economic well-being?
Advertising may cut back economic well-being by exploiting resources to tell patrons concerning goods/services rather than manufacturing goods/services.
Advertising plays a robust role in the economy: It provides helpful data to customers that tells them about product and repair selections, moreover as examination options, benefits, and prices.
Advertising may cut back economic prosperity due to its pricey, manipulates people's tastes, and impedes competition by creating products that seem additionally different.
Advertising may cut back economic well-being as a result of it manipulating people's tastes and impeding competition by creating products that seem additionally different than their extremely area unit. However, advertising may increase economic well-being by providing helpful data to customers and fostering competition.
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a disadvantage of using radio as an advertising medium is that: a. it is expensive. b. the message cannot be tailored easily to adapt to local preferences. c. it has a highly segmented audience. d. it lacks flexibility.
Option C is correct, One disadvantage of using radio as an advertising medium because of having a highly segmented audience.
Advertising is a marketing communication method or a way of promoting goods and services to the masses and targeting audiences via mass media such as newspapers, radio, television, etc. Radio has become an old and outdated medium for advertisement as after digitalization people are moving towards phones where compulsion advertisement is running on almost all social media. Radio has a very segmented means targetted and tailored audience only, which is also limited due to inconvenience in visualization and limited listener attention. Advertising on the radio can lead to getting ignored by the listener and may change the station.
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Greta is in a meeting where she's having a hard time being a part of the conversation, but she has a relevant idea to share. what would be the best way for her to signal that she'd like a turn to speak? question 22 options: stand up and wave her arms. raise a finger in the air. interrupt whoever is talking. send a text to the person sitting next to her.
Since, Greta is a part of conversation, she should stand up and wave her arms to share the relevant idea that came to her mind.
Interactive communication among two or more individuals is known to as conversation. An critical characteristic of socializing is the formation of communication abilities and manners. A common location of emphasis in language instruction and learning is the development of conversation abilities in a foreign tongue. A subfield of sociology called conversation analysis specifically focuses on conversation while studying the organization and structure of human interaction. Because conversations are interpersonal engagements that rely on societal convention, they are subject to etiquette norms. The cooperative principle gives rise to specific conversational rules. These instructions must be adhered to or the dialogue will eventually degenerate or come to a halt. Conversation contributions are in reaction to what has already said.
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Answer:the correct awnser is raise a finger in the air
Explanation: by standing up and raising your arms you might hit someone but it could also distract other people who are trying to listin to the current speaker.
Situational leadership theory indicates that the optimum leadership style is dependent upon.
The Situational leadership style is dependent upon connection among leaders and followers
The required details about Situational leadership is mentioned in below paragraph.
The Situational leadership of management shows that no unmarried management fashion is high-quality. Instead, it relies upon on which sort of management and techniques are high-quality-suitable to the task.The Situational Leadership technique is primarily based totally on the connection among leaders and followers and affords a framework to investigate every state of affairs primarily based totally at the Performance Readiness Level that a follower reveals in appearing a particular task, feature or objective. Situational Leadership is the version of preference for groups round the sector that need to do the following:
Develop humans and workgroups
Establish rapport and to convey out the high-quality of their humans
Use a not unusualplace management fashion throughout all devices in an organization, be it local, national, or international
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Trucking llc enters into a contract to deliver a certain quantity of potatoes to united foods’s refrigerated warehouse in exchange for a specified payment. Trucking delivers the spuds to the location. United’s duty to pay is.
Trucking LLC enters into a contract to deliver a certain quantity of potatoes to united foods’ refrigerated warehouse in exchange for a specified payment. Trucking delivers the spuds to the location. United’s duty to pay is absolute.
What is refrigerated warehouse?
The term "fridge" refers to a business and residential appliance with a thermally insulated compartment and a heat pump (mechanical, electrical, or chemical) that transfers heat from the interior to the exterior to cool the interior to below room temperature. Around the world, refrigeration is a crucial method for keeping food fresh.
The refrigerator slows down food spoiling because the lower temperature slows down bacterial reproduction. The temperature inside a refrigerator is kept a few degrees above the water's freezing point. 3 to 5 °C (37 to 41 °F) is the ideal temperature range for the storage of perishable foods.
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you are busy with a customer who is considering making a major investment in a quality three carat diamond ring for his wife. a new customer enters the store, and is waiting for you to finish with your present customer. your best approach is to:
Tell the new customer to wait for their turn will be my best approach.
While I'm assisting the customer to make a major investment, I'll tell the new customer to have a seat for a moment and ask for any refreshment like tea or coffee until I'm done with the present customer.
I'll call the pantry boy to assist the new customer to have something and settle him somewhere comfortable.
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Originated by frederick brooks, what term describes the situation that is caused by the increased complexity of communications that result from adding more people to a project?.
Communication setbacks are the term used to describe the situation that is caused by the increased complexity of communications that result from adding more people to a project.
Brooke's Law:Brooks' rule is a software project management observation that states that adding people to a software project that is behind schedule delays it even more. Fred Brooks invented the term in his 1975 book The Mythical Man-Month. According to Brooks, when an incremental person is added to a project, it takes more time, not less time.
The first thing to make is that Brooks' law only applies to projects that are already behind schedule. By bringing people in early in the process, projects may be brought back into (or kept under) control. It is also critical to establish if the project is truly late or if the initial timeline was unduly optimistic. Many late projects are the result of scheduling errors. The greatest strategy to establish a meaningful and dependable time range for the project's completion is to correct the timeline.
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if a transfer of property or cash in exchange for corporate stock does not meet the requirements of §351, the taxpayer must
If a transfer of property or cash in exchange for corporate stock does not meet the requirements of §351, the taxpayer must recognize.
There's no minimum order restriction on the acquisition of a publicly-traded employer's stock. Traders can also bear in mind shopping for fractional shares via a dividend reinvestment plan or DRIP, which doesn't have commissions.
The fact is, there at the moment are many brokerages with no minimal investment (or just very little). You can open an account with as low as just $1 and start making an investment. Brokerages like Robinhood, ally invest, and Stash all haven't minimums to start. And apps like Acorns even will let you make investments in your spare exchange.
Most brokerages in recent times have $0 account minimums (meaning you can open an account without funding it first), and some even have fractional buying and selling, meaning you could invest low dollar quantities — assume $5 or $10 — in preference to paying for the charge of an entire percentage.
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according to professor michael e. porter, the author of the five-forces model for dealing with competition, businesses that wish to gain competitive advantage must follow which of these strategies? more than one answer may be correct.
According to professor Michael e. porter, the author of the five-forces model for dealing with competition, businesses that wish to gain competitive advantage must follow which of these strategies.
This statement is True.
Michael Eugene Porter is an American academic known for his theories of economics, business strategy, and social causes. He was a professor at Bishop William Lawrence College at Harvard His School of Business, and co-founder of his group, the consulting firm Monitor, and his FSG, a social impact consulting firm.
These forces include the number and power of the company's competitors, potential entrants, suppliers, customers and substitutes that affect the company's profitability. Five force analysis can be used to guide business strategy and increase competitive advantage.
Michael Porter is the founder of modern strategic science and one of the world's most influential thinkers on management and competitiveness.
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listen to exam instructions you have been offered a position as a security analyst for acme, inc. the position will be remote. acme inc. has sent you your employment contract using a system that only allows you to open and digitally sign the contract. which rights management method is being used?
Information Rights Management (IRM) is being used to open and digitally sign the contract.
What is Information Rights Management (IRM)?Digital rights management, which uses technologies to guard sensitive data against illegal access, includes information rights management. E-DRM, or enterprise digital rights management, is another name for it. Through an integrated picture of how well an organisation manages its particular set of risks, integrated risk management (IRM), a set of policies and processes backed by a risk-aware culture and supporting technologies, improves decision making and performance. IRM is an alternative to standard Digital Rights Management (DRM), which only applies to mass-produced media like songs and movies. IRM covers privately produced documents, spreadsheets, and presentations. IRM guards against illegal copying, reading, printing, forwarding, deleting, and modifying of files.
Hence, Information Rights Management (IRM) is being used to open and digitally sign the contract.
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i understand you want to define a more clear set of policies and procedures for working from home, but we need to justify this for the entire company. why do you think defining our policy is important to address company-wide?
A. This policy definition makes it more fair for everyone by allowing men and women to work from home as it fits their job duties.
The definition of "work from home" makes it clear that it is available to all employees as long as they can perform their duties more effectively. The definition is balanced and does not favor or disadvantage anyone.
Managers develop or modify policies to assist men and women employees in working productively in difficult situations. A 'work-from-home policy is not gender-specific, and it applies to all employees whose job duties require them to conduct business from home.
For example, if the company's salespeople communicate with clients in different time zones after working hours, the policy can be beneficial.
If employees are unable to attend during emergency situations such as pandemics or severe weather, the policy can help to ensure business continuity.
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The complete question is:
Amanda: I understand you want to define a more clear set of policies and procedures for working from home, but we need to justify this for the entire company. Why do you think defining our policy is important to address company-wide?
A. This policy definition makes it more fair for everyone by allowing men and women to work from home as it fits their job duties.
B. Defining our policy supports mothers, in particular, by normalizing a practice of flexible work locations for all employees so that mothers can care for their children without be thought of as shirking their responsibilities.
C. This policy enables employees more autonomy over their work location which will attract a broader and more diverse group of applicants in the future.
D. Working from home helps decrease our carbon footprint by distributing energy consumption among many locations rather than centralizing it here.
according to gartner, what is the most important objective for organizations that want to maximize value from selecting, negotiating, and managing technology providers?
The most important objective for the organizations that want to maximize value from selecting, negotiating, and managing the technology providers is to train the new professionals.
What is negotiation?Negotiation is a conversation between two or more parties to resolve a disagreement on one or more points. It is a dialogue between parties hoping to reach consensus on issues of common interest. All or some of the parties involved may benefit from the agreement. To maximize their prospects of concluding agreements, preventing conflicts, establishing connections with other parties, or maximizing mutual benefits, negotiators should identify their own needs and objectives while simultaneously attempting to understand those of others involved. Resolution of disagreements, gaining an advantage for an individual or group, or creating agreements that serve multiple interests are the goals of negotiation.
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when a capital budgeting decision does not involve any revenues, the most desirable alternative is the one with the blank .
When a capital budgeting decision does not involve any revenues, the most desirable alternative is the one with the least total cost from a present value perspective.
The capital of a business is the money it has day-to-day everyday pay for its operations and daily fund its destiny growth. The 4 principal forms of capital encompass working capital, debt, fairness, and buying and selling capital. trading capital is used by brokerages and different economic establishments.
In a commercial enterprise, capital approach the cash an organization desires everyday characteristic and every day extend. typical examples of capital encompass coins to hand and money owed receivable, close to coins, fairness, and capital property. Capital properties are huge, lengthy-time-period belongings not intended daily be offered as part of your everyday commercial enterprise.
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stellar insurance agency, owned by amy cotton, has worked hard to establish itself in lawrenceburg. after years of hard work, amy is trying to decide whether to bring on another agent. she estimates the new agent will produce $110,000 of agency revenue in the first year and she expects that to grow 20% for each year the agent stays with her. she believes she will need to pay a new agent $50,000 base and 20% commission on the revenue he generates in the first year. although she plans for the base compensation to stay constant, she believes the commissions will grow to 30% after the first year. she has also come to believe that she should plan for the agent to stay five years before the agent starts a new business. in looking at all the costs of hiring the new agent, including licensing and computer equipment, she believes she will spend $12,500 before the new agent actually starts working. given her hurdle rate of 18%, the net present value of hiring the new agent is . group of answer choices
The new specialist's hiring will result in a $48,197 net present value. In general, the organization would be wise to hire the new specialist because it would benefit it.
The new specialist's hiring will result in a $48,197 net present benefit. This actually means that the new expert would result in a positive return on investment for the company after taking into account all of the regular expenses and income.
To hire the new professional, the company would need to spend $12,500 up front, but over the next five years, they would make $48,197 in profit. The base salary, payments, and any associated expenses for the specialist would be the source of this income.
In general, hiring the new specialist would be a sensible decision for the company and would yield benefits.
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Which scenario would you rather have:
Buy a $24,000 car 4.75% interest for 4 years?
Or
Buy a $20,000 car 5.69% interest for 5 years?
Explain how you reached your decision. Your decision should be based upon your calculations.
I would prefer to buy $20000 car 5.69% interest for 5 years
Scenario 1
If one buys a car for $24,000 4.75% interest for 4 years
The monthly payment would be $549.99 and total interest would be $2399.48
Being total cost = $26399.48
Scenario 2
If one buys a car for $20,000 5.69% interest for 5 years
The monthly payment would be $365.54 and total interest would be $1932.35
Being total cost = $21932.35
Conclusion
With the above calculations, we can conclude that buying the car for $20,000 (scenario 2) would be more appropriate because the interest is lower than scenario 1 car. Also the EMIs are low as compared to Car1.
Thus Car 2 would be more appropriate in terms of saving interest
What does the term "auto loan" mean?
You can get a loan to buy two- and four-wheeled vehicles for personal usage. Typically, the lender advances the funds (paying the dealer directly on the buyer's behalf), and the borrower is required to return the loan in EMIs over a predetermined period of time at a predetermined interest rate.
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the chief business officer of a construction equipment company arranges a loan of $9,300, at interest for 37.5 months. find the amount of interest. (round to the nearest cent)
The fee you pay to borrow money or the fee you charge to lend money is called interest. Interest is $3523.83
Find the amount of interest ?
The basic interest formula is as follows:Interest is equal to P, R, and T.P is the principal sum (the beginning balance).Interest rate, R (usually per year, expressed as a decimal).T = Number of intervals of time (generally one-year time periods).
loan of principles p= $9,300,
at rate R= 12 1 /8 % interest
Rate R = 12.125%
for duration year T = 37.5 months
T= 37.5/12 = 3.125 years
Interest I=PRT/100
Interest I =( 9300*12.125*3.125)/100
Interest I = (352382.8125)/100
Interest I = 3523.83
Interest I= $3523.83
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high rate of agriculture, high infant mortality rate, and low per capita income are most characteristic of which of the following?
The high rate of agriculture, the high infant mortality rate, and the low per capita income are most characteristics of under-developed infant.
What is mortality rate?The mortality rate, sometimes known as the death rate, is an indicator of how many people die within a given population each year, scaled to that population's size. A mortality rate of 9.5 (out of 1,000) in a population of 1,000 would represent 9.5 deaths per year in that entire population, or 0.95% of the total. Mortality rates are commonly reported in units of deaths per 1,000 inhabitants per year. The crude death rate, which considers mortality from all causes in a particular time period for a given population, is a crucial specific mortality rate measurement. The CIA, for instance, predicts that by 2020, there would be 7.7 deaths per 1,000 people worldwide annually.
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17. credit risk refers to: a. a customized scoring system that predicts, reduces, manages a credit portfolio b. a method to allocate capital to generate additional credit to avoid risk c. is the risk that an mbs issuer may default on the obligations d. risk training for bankers and mortgage brokers
Credit risk is the risk that an mbs issuer may default on the obligations. The correct answer would be option C.
Credit risk is the likelihood that a loss would occur as a result of a borrower's failure to make loan payments or fulfil contractual obligations. It has historically been able to indicate the likelihood that a lender may reject the due principal and interest. As a result, financial flows are disrupted and collection expenses are raised.
Extra cash flows can be created to provide more protection against credit risk. A greater coupon rate, which results in more significant cash flows might help a lender manage greater credit risk.
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becker tabletops has two support departments (janitorial and cafeteria) and two production departments (cutting and assembly). relevant details for these departments are as follows: support department cost driver janitorial department square footage to be serviced cafeteria department number of employees line item description janitorial department cafeteria department cutting department assembly department department costs $310,000 $169,000 $1,504,000 $680,000 square feet 50 5,000 1,000 4,000 number of employees 10 3 30 10 allocate the support department costs to the production departments using the direct method.
Allocated costs to cutting department = ($ 62000+ $126750) =$188750
Allocates costs to assembly department = ($248000+$42250) = $$290250 ( most support cost allocated to assembly department
Allocated costs to cutting department = ($ 31000+ $243000) =$274000 ( most support cost allocated to cutting department
Allocates costs to assembly department = ($124000+$81000) = $205000
Allocates costs to cafeteria department $155000
Allocated costs to cutting department = ($ 38200+ $216000) =$254200 ( most support cost allocated to Cutting department
Allocates costs to assembly department = ($152800+$72000) = $224000
A branch is an administrative or political division in many nations. Departments are the first-stage divisions of 11 nations, 9 in the Americas and two in Africa. An extra 10 international locations use departments as 2nd-level divisions, eight in Africa, and one every inside the Americas and Europe.
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assume that the auditors are concerned about disbursement transactions that have been recorded for improper amounts. which procedure(s) would possibly identify these transactions?
The procedures used to identify these transactions will be tracing and vouching the source documents
A source document is an original document, which often contains the details of a business deal. As a result, a source document keeps track of all the important information about an arrangement, including the concerned parties, the day, certain cash payments, and the mechanics of the transaction.
Every entry in the journal proper should be supported by a voucher or other kind of documentation, and every entry should be explained by narration in order for an auditor to vouch for it. The technique of tracing, on the other hand, entails simply following the transaction of source documents in the books of accounting back to the original document.
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