Answer:
True
Explanation:
When a company has managers that pay attention to cultural values and business performance, the company will succeed. This is because the manager has effectively ensured that organizational culture is shared among all employees and as such helps to improve efficiency and performance of the company in discharging it responsibilities and meeting it's goals.
Cheers.
<span>Is what we call the stock of goods that a business or store has on hand? Inventory. Inventory and inventory management is so important when it comes to running a business with goods for purchase. The business needs to make sure they have enough supply on hand for the amount of demand that consumers have for the product. Usually there is an inventory management team that keeps track of how the products are staying in stock and when reordering needs to happen. </span>
Why estimated overhead costs (rather than actual overhead costs) are used in the costing process is explained below.
A predetermined cost is an expenditure that a company estimates ahead of time.
This cost is calculated prior to the purpose of production and includes all variable costs that affect production in a manufacturing business.
Actual overhead costs are difficult to calculate for each job, especially in a production environment with a large number of jobs.
As a result, overhead costs are allocated according to some standardized methods, which may link overhead costs to direct labor, machining time, and material used in each job.
Manufacturing overhead in a manufacturing organization refers to indirect costs that are required for production but cannot be traced back to individual products.
Machine depreciation and factory rental are two examples of manufacturing overhead costs.
Hence, computation of predetermined overhead rates is given above.
Learn more about overhead:
brainly.com/question/26082424
#SPJ4
Answer:
According to the classical theory of inflation, an increase in the money supply would cause aggregate demand curve to shift to the right. Output would increase and price level would increase. However, in the long run, would shift to the left. Output would reduce and the price level would continue to increase.
Explanation:
Inflation occurs in an economy when the overall price level increases and the demand of goods and services increases.
the classical theory of inflation explains how the aggregate price level gets determined through the interaction between money supply and money demand.
Tn the classical theory of inflation:
- Money is considered the asset which is utilized by people to purchase goods and services on a regular basis.
- Their view is that the general price is determined by the total demand for and total supply of goods just as the price of any good is determined by the forces of demand and supply for it.
- According to them inflation is a situation caused by excess demand, in which the total demand for goods as measured by the volume of money offered is in excess of supply of goods at prevailing prices.
Answer: Loss of $22,000
Explanation:
Gain (loss) = Net Carrying Value of Bonds recalled - Price bond called at
Net Carrying Value of Bonds
= Par value - Unamortized discount
= 300,000 - 10,000
= $290,000
Gain (loss) = 290,000 - (300,000 * 104)
= ($22,000)
