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3 years ago

The decision-making control in which local units are given autonomy is characteristic of a(n:

1 answer:

7 0

Decision making is when the time that we need to make a decision, especially for important things.
In the given question above, the correct answer is shown below:

The decision-making control in which local units are given autonomy is characteristic of a(an) "Global Area Division Structure."

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Saddle Inc. has two types of handbags: standard and custom. The controller has decided to use a plantwide overhead rate based on

AlladinOne [14]

Answer:

Saddle Inc.

1. Overhead rate using the traditional (plantwide) approach is:

= $1.84

2. The overhead rates using activity-based costing approach are:

Machining = $72.49

Machine setup = $211.69

3. The difference in allocation between the two approaches:

Differences:

ABC approach $121,808 $178,188 $299,996

Using plantwide $110,400 $189,520 $299,920

Differences $11,408 -$11,332 $76

Explanation:

a) Data and Calculations:

Total estimated overhead costs = $300,000

Machining activity = $195,000

Machine setup activity = $105,000

Standard Custom Total

Direct labor costs $60,000 $103,000 $163,000

Machine hours 1,400 1,290 2,690

Setup hours 96 400 496

Overhead rate based on direct labor costs = $1.84 ($300,000/163,000)

Overhead rates using activity-based costing approach:

Machining = $72.49 ($195,000/2,690)

Machine setup = $211.69 ($105,000/496)

Allocation of overhead costs:

Standard Custom Total

Using plantwide $110,400 $189,520 $299,920

Using ABC:

Machining $101,486 $93,512 $194,998

Machine setup 20,322 84,676 104,998

Total costs $121,808 $178,188 $299,996

Differences:

ABC approach $121,808 $178,188 $299,996

Using plantwide $110,400 $189,520 $299,920

Differences $11,408 -$11,332 $76

6 0

2 years ago

True or false: you should measure the inputs to a restaurant process in customers and the outputs in dollars.

kondor19780726 [428]

You should measure the inputs to a restaurant process in customers and the outputs in dollars is a false statement.

<h3>What is the flow of a restaurant?</h3>

This is known to be called the patron's flow and it is one that tends to originate from the entrance to the table of the host, and also to the restrooms as well as the back out.

Note that Flow is seen as a form of volumetric flow rate and it is one that is simply known to be the volume of fluid that moves per unit of time.

Therefore, saying that you should measure the inputs to a restaurant process in customers and the outputs in dollars is a false statement.

Learn more about restaurant process from

brainly.com/question/14672240

#SPJ1

3 0

1 year ago

Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Pey

Lesechka [4]

Answer:

$2,645,700

Explanation:

realized amount = cash received + assumed mortgage - points paid by seller - broker's commission = $1,763,800 + $1,058,280 - $105,828 - $70,552 = $2,645,700

The amount realized includes all the money received and any debts assumed by the buyer, minus any expenses paid by the seller that are related to the transaction.

4 0

3 years ago

Gunk Goblin sells vacuums and just launched a policy where customers have the right to return a vacuum during a three-year perio

babymother [125]

Answer:

3 years after the right of return has expired

Explanation:

Generally accepted accounting principles (GAAPs) specify the scenario wherein revenue is to be recognized.

As per the accrual principle, revenue is to be recognized when earned and not when actual cash is received against it.

In the given case, the company allows it's customers to return the products sold within a period of three years. Hereby, the company must make a provision for contingency against future returns.

Here, the business should be able to estimate the number of vacuums that would be returned. Here, the company is unable to do so owing to no past record or history.

Hence, the company may have to wait till maximum period of 3 years i.e the time when products can no longer be returned, for recognizing revenue associated with the sales.

8 0

3 years ago

Approximately ________ percent of americans lack high-speed internet access in their homes.

Anettt [7]

<span>Approximately 50 million US homes have only one 25 Mbps internet provider or none at all which accounts to around 64%.The remaining 46% which accounts for more than 10.6 million US households have no access to wired internet service with download speeds of atleast 25mbps.</span>

7 0

3 years ago