Answer:
E. Over applied overhead
Explanation:
Over applied overhead is defined as excess amount of overhead applied during a production period over the actual overhead incurred during that period. In other words, it means excess overhead applied to work over the amount of overhead actually incurred.
When this occurs, it is called favourable variance and it is added to the budgeted profit in the end of the accounting period in a financial statement.
Answer: (D) Supply chain event management
Explanation:
The supply chain event management is one of the type of software tool for the business as it helps in manage all the events occur in an organization.
The main aim pf supply chain event management is that it increases the satisfaction of the customers and achieve the logistics transparency within the organization.
It increases the real time data or information and focus on reducing the actual response time in the unexpected events and also reduce the inventory investment.
Therefore, Option (D) is correct.
Answer:
A) reclassifying period costs as product costs, means that the company will be able to move some of some costs forward in inventories that would have been recorded as current expenses. With current expenses reduced, the company and
will
Examples of period costs are
- Rent
- Office depreciation
- Office supplies, and
- Utilities
Gallanta actions are unethical. They amount to falsification of accounts and misrepresentation of facts both of which are illegal.
Cheers!
Answer:
The answer to this question is b. Yours will be positive and your roommate's would be negative.
Explanation:
Income elasticity of demand is the degree of responsiveness of demand to changes in income. In other words, it measures how changes in income of consumers will affect the quantity of commodities demanded by such consumers.
An income elasticity of demand can be positive or negative.
It is positive, when an increase in income leads to an increase in the quantity demanded by the customer. However it is referred to as negative when an increase in income leads to decrease in the quantity demanded by the consumer.
In the question above, it can be seen that the increase in income of the first person brought about increase in the commodity demanded thereby making his income elasticity of demand positive. one the other hand, the increase in the income of his roommate, brought about decrease in his demand which translate to the fact that his income elasticity of demand would be negative.
Hence the answer given.