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3 years ago

Agency problems are most likely to be associated with?

1 answer:

4 0

Agency troubles are most likely to be related with corporations. Agency troubles is the problem of interest inherent between the interest of two party in a corporation.

<h3>What is corporation?</h3>

Corporation is the legal structure that creates with the laws and regulation of its state of incorporation. Specific states have the authority to make an effect of the law.

They can create, dismiss, organization and dissolution of any law within the state of corporation. Many states follow the Model Business Corporation Act.

Thus, Agency troubles are most likely to be related with corporations.

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Acme Company’s production budget for August is 17,600 units and includes the following component unit costs: direct materials, $

Ivan

Answer:

Instructions are below.

Explanation:

Giving the following information:

Actual production in August was 18,810 units.

During August, 319,770 pounds of raw material were used that were purchased at $0.50 per pound.

The standard direct material cost per unit consists of 11 pounds of raw material at $0.7 per pound.

<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

<u></u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (0.7 - 0.5)*319,770

Direct material price variance= $63,954 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 18,810*11= 206,910

Direct material quantity variance= (206,910 - 319,770)*0.7

Direct material quantity variance= $79,002 unfavorable

7 0

3 years ago

Benefits of a better education include all of the following

levacccp [35]

The answer should be letter C.

7 0

4 years ago

The central bank of Albernia likes to use changes in the reserve requirement to manage the money supply. The commercial banks of

andreev551 [17]

Answer:

$10,000 million

Explanation:

The computation of the change in the money supply is shown below:

At 10%

Required reserves= deposits × required reserve ratio

= $1000 million × 10%

= $100 million

Now

The total amount of money supply is

New deposits= 1 ÷ required rate of return x deposits

= 1 ÷ 10% × $1000 million

= 10 x $1000

= $10,000 million

At 5%

As we know that

Required reserves= deposits × required reserve ratio

= $1000 million × 5%

= $50 million

Now

The total amount of money supply is

New deposits= 1 ÷ required rate of return x deposits

= 1 ÷ 5% × $1000 million

= 20 x $1000

= $20,000 million

Now change in supply is

= $20,000 million -$10,000 million

= $10,000 million

7 0

3 years ago

When a nation's human and material resources are fully employed, more of any one

siniylev [52]

Answer:

C. Can be produced only if there is less production of other products.

Explanation:

When a nation's human and material resources are fully employed, then there has to be less production of other products because resources would have to be shifted away from such production and concentrated im producing more of any one item or product.

The above shows a scenario where economizing problem is in force i.e scarcity, which requires proper allocation of resources. It is a major problem faced by many societies and must be solved when there is less production of other products inorder to produce more of any one product.

5 0

3 years ago

On september 1, you compare the petty cash book balance of $29.30 with the actual currency in the petty cash box. the box contai

katen-ka-za [31]

The amount of cash overage in the petty cash book as against the opening balance will be $0.85.

<h3>What is petty cash book?</h3>

A book, which has the chronological and systematic records of all the small and petty expenses and receipts of an organization, is known as a petty cash book.

The balance in petty cash book can be ascertained by the following method,

$\rm Petty\ Cash\ Balance= Beginning\ Balance - Expenses\ and\ Petty\ Bills\\\\\rm Petty\ Cash\ Balance= 29.30 - (10+6+6+0+3.80+0.80+0.25)\\\\\rm Petty\ Cash\ Balance= $0.85$

Hence, the petty cash book has an overage of $0.85 for the month of September.

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4 0

2 years ago