Answer:
A Consortium
Explanation:
A Consortium refers to a group comprising of two or more companies who work together in order to accomplish a common goal.
The companies pool in resources but are individually responsible only for those obligations, which are specified in the agreement.
Thus, all companies under a consortium operate independently and exercise no control over other group companies.
Consortiums are a common sight in the educational sector wherein, educational institutes pool in resources such as libraries, teachers, etc so to collectively provide wide range of services to the students.
In the given case, Devonaile Inc and other firms have formed a consortium, dealing in apparels, to serve Indian customers.
Answer:
A,B,D,E are cost which should NOT be expensed when incurred. While C is a cost which should BE expensed when incurred.
Explanation:
(a) $13,000 paid to rearrange and reinstall machinery. select an option. NO
(b) $200,000 paid for addition to building. select an option. NO
(c) $200 paid for tune-up and oil change on delivery truck. select an option. YES
(d) $7,000 paid to replace a wooden floor with a concrete floor. select an option. NO
(e) $2,000 paid for a major overhaul on a truck, which extends the useful life. NO
Therefore A,B,D,E are cost which should NOT be expensed when incurred. While C is a cost which should BE expensed when incurred.
Answer:
The contribution margin per machine hour is $150.
Explanation:
Note: The missing part of the question is
Food Processor Espresso Machines
Sales price $125 $225
Variable costs $50 $150
Solution
Contribution Margin per Machine = Sales Price - Variable Cost
=$125 - $50
=$75
Contribution Margin = Contribution per Machine × Number of Machines Produced in 1 Machine Hour
= $75 * 2
= $150
Thus, the contribution margin per machine hour for food processors is $150.
When technology is progressing rapidly, firms are more likely to;
commit themselves to fixed assets.
focus on developing the necessary skills in-house.
Type # 2. Quantitative Control Techniques:
Budgets such as: (i) The regular operating, capital expenditure, sales and cash budgets; and. ...
Control Centres.
Audits such as: (i) Internal audits, ...
Ratio analysis (RA).
Break-even (BE) analysis.
Time-preference charts and techniques such as:
