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Nitella [24]
2 years ago
10

AN The Mixing Department manager of Malone Company is able to control

Business
1 answer:
slamgirl [31]2 years ago
4 0

Responsibility report for the financial period of the overhead costs incurred will have a negative shortfall and a difference of $4125 for the controllable costs.

<h3>What are overhead costs?</h3>

Overhead costs are such costs which are continuously in an organization while operating in the regular course of business. The overhead costs are estimated before they are actually incurred for efficiency of cost allocation.

The responsibility report for the overhead costs incurred by Malone Company for the given period are attached with an image for better reference.

Hence, it can be stated that the controllable costs' responsibility report shows as overhead costs of negative difference of $4125.

Learn more about overhead costs here:

brainly.com/question/14811739

#SPJ1

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To generate ideas for new products, some firms will purchase the rights to use another firm's technology. This is known as\
yKpoI14uk [10]

The purchase of the rights to use another firm's technology in the scenario is known as outsourcing.

<h3>What is outsourcing?</h3>

It should be noted that outsourcing simply means the agreement in which a company hires another company in order to be responsible for certain activities.

In this case, this experienced when the firms purchase the rights to use another firm's technology.

Learn more about outsourcing on:

brainly.com/question/4456416

5 0
2 years ago
Suppose the world price of cotton falls substantially.
Crazy boy [7]

Answer:

(A) Decrease

(B) Increase

(C) Frictional

Explanation:

An decrease in the price of cotton will cause all the cotton producing firms to put Strategies in place that will help them to cut the costs of operations which will include the REDUCTION OF THE MANPOWER OR WORKFORCE.

When the price of raw materials or inputs used in the production processes of a given product reduces, IT WILL ENABLE THE COMPANY TO WANT TO INCREASE ITS PRODUCTION CAPACITY WHICH WILL ALSO INVOLVED AN INCREASE IN MANPOWER OR WORKFORCE.

Frictional Unemployment is a type of Unemployment caused by seasonal changes such as reduced demand, reduced price of products etc or people changing jobs due to certain factors.

4 0
3 years ago
On July 15, 2021, the Nixon Car Company purchased 2,100 tires from the Harwell Company for $40 each. The terms of the sale were
SOVA2 [1]

Answer:

The journal entries are shown below:

Explanation:

The journal entries are shown below:

On July 15

Purchases (2,100 × $40)      $84,000

          To Accounts Payable    $84,000

(Being the purchase is recorded)

On July 23

Account payable $84,000

           To Purchase discount  $2,520   ($84,000 × 3%)

            To Cash $81,480

(Being the payment is recorded)

On August 15

Account payable $84,000

   To cash $84,000

(Being the payment is recorded)

7 0
3 years ago
Marigold Corp. has old inventory on hand that cost $12000. Its scrap value is $14000. The inventory could be sold for $30000 if
vfiekz [6]

Answer: Manufacture Inventory further and sell for $30,000

Explanation:

To make this decision we would have to calculate the benefit that could be acquired from manufacturing further.

Amount net benefit if manufactured further and sold for $30,000

= 30,000 - 12,000

= 18,000

There would be a net benefit of $18,000 of manufactured further.

If Marigold Corp. sold at the scrap value there would get $14,000.

We can see that Manufacturing further and selling for $30,000 is the better option as it brings more money. It should therefore be chosen.

4 0
3 years ago
Read 2 more answers
Acknowledging a mistake publicly is?
Monica [59]

It can be a way to restore trust

6 0
3 years ago
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