Option B
The standard quantity of materials allowed is computed as Unit Quantity Standard × Actual Output.
<h3><u>
Explanation:</u></h3>
A standard is a benchmark or "pattern" for ranking production. In managerial accounting, standards associated with the price and quantity of inputs utilized in producing goods or rendering services. The "standard quantity provided for the actual output" indicates the number of the input that should have been practiced to generate the actual output of the session.
It is measured by squaring the standard amount of input per unit of output by the actual output. To scale production, actual quantities accepted are related to standard quantities enabled.
Answer: Cooperative
Explanation:
A cooperative is an independent association of people united voluntarily in order to meet their common economic, cultural and social needs and through a jointly owned enterprise.
A cooperative society is a group of people who possess specific common needs. The purpose of a cooperative society is to improve the economic status of its members. Cooperative societies usually offer their products to their members at a discount.
Answer:
Option C is the right answer
Explanation:
In this question, we are asked to state what happens in a transaction given some level of information.
Firstly, we need to understand what a certificate of deposit is. A certificate of deposit referred to as CD is a kind of bank product that stipulates that a customer has agreed to leave a certain amount of money in the bank for a particular period of time untouched at an interest rate higher than normal and otherwise tagged as premium.
Now, it must be stated that it was after he was issued that there was a drop in prices. Whatever happens during the drop will not affect him and would be the bank’s concerns simply because his own rate had been predetermined and nothing could change this as he had been issued a contract to that affect.
A drop in price will thus make his initial deposits higher now since there is a drop in price will generally, the bank will bear the brunt of the drop in price hence, losing
Answer:
The reason which is not used for allocating the internal costs to the cost objects is to measure the selling price of the products.
Explanation:
Internal cost is the cost on which the businesses or company bases its price on which involve costs such as energy, plant, equipments and materials.
Cost objects is the department or the product for which costs are evaluated or measured. For example, a product is the cost object for direct labor and direct materials.
And the reason which is not used for allocating the internal cost to the cost objects is the evaluation of the selling price of the product as in a market, selling prices are determined or set by the demand and the supply factor.
