Answer:
Clyde's Well Servicing has the following financial statements. The balance sheet items, profit margin, and dividend payout have maintained the same ...
Explanation:
Answer:
a. Budgets are detailed forward-looking financial reports based on expected income and expenses.
Explanation:
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.
The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.
The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.
The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.
It is typically used by various organizations or companies due to the fact that, it's tied directly to the strategy and tactics of a company on an annual basis. Also, it is used to set a budget for marketing efforts while anticipating on informations about the company.
Answer:
$4.00
Explanation:
To calculate the approximate overhead cost per unit of product A1 under activity - based costing we have it as
Activity 1 allocated to Product B2 line we have as
$48,000 × 4,800/6,000
= $38,400
Activity 2 allocated to Product B2 line we have it as
= $63,000 × 4,760/7,000
= $42,840
Activity 3 allocated to Product B2 line we have it as
=$80,000 × 800/8,000
= $8,000
Total overhead allocated to Product B2 = $89,240
Overhead per unit of Product B2: $89,240/22,310 = $4.00
As our overhead unit of product
Because Demand is up and supply is down companies are going to start demanding a higher price for their product since there are less on the market
Credit cards would be considered liabilities.
4 major types of credit cards are Visa, MasterCard, American explicit and discover. Those are the main credit card networks, which most credit playing cards belong to, and they dictate where cards can be used in addition to what secondary benefits cards offer.
It's generally recommended that you have to a few credit card accounts at a time, in addition to different styles of credit scores.
Keep in mind that your general available credit and your debt-to-credit ratio can impact your credit scores. if you have greater than 3 credit score playing cards, it is able to be hard to maintain song of monthly bills.
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