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2 years ago

One strategy for managers to increase capacity by creating flexibility involves the?

Business

1 answer:

spayn [35]2 years ago

3 0

Answer:

of labor

Explanation:

situations where people are coerced to work for little or no remuneration, often under threat of punishment

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Cost predictions should be confined to the relevant range, which is the range of activity expected for the organization. If the

Lostsunrise [7]

Answer:

TRUE

Explanation:

In managerial accounting, there are 2 meanings and significance of a relevant range.

1. The relevant range is the level of activity (range) that a firm is operating i.e. the volume of its production activity.

2. The relevant range is the level of activity within which certain cost behaviors are true i.e. whether the costs by their characteristics are fixed or variable.

Beyond a relevant range, cost behaviors could change in 2 ways

1. Variable costs could start manifesting the characteristic of semi variable costs or mixed costs or

2. Fixed costs could become stepped and become stepped fixed costs.

Therefore cost estimations which is based on cost behavior are only VALID within the relevant range. It is only within a given level of output that certain cost estimations holds true.

6 0

3 years ago

Ely Roofing Contractors enters into a lease for the use of new equipment. The term of the lease is three years. The annual lease

Afina-wow [57]

The journal entry to record the initial transaction (Right of Use Asset and Lease Liability of $50,000) for Ely Roofing Contractors, who enters into a lease for the use of new equipment for 3 years at an annual lease payment of $6,000 is as follows:

<h3>Journal Entry:</h3>

Debit Right of Use Asset $50,000

Credit Lease Liability $50,000

To record the initial transaction of the Lease Liability and the Right of Use Asset.

<h3>How to record the initial lease transactions?</h3>

The present value of annual lease payments is first computed.

With this figure, the recording of the asset and liability is completed by debiting the Right of Use Asset and crediting the Lease Liability account.

<h3>Data and Calculations:</h3>

Annual lease payment = $6,000

Present value of lease payments = $50,000

Economic life of the equipment = 5 years

Lease term = 3 years

Nature of lease = finance lease

<h3>Initial Transaction Analysis:</h3>

Right of Use Asset $50,000 Lease Liability $50,000

Learn more about recording the initial transaction of a finance lease at brainly.com/question/16646812

5 0

2 years ago

A _____ is a key component of a firm with a market-oriented culture. a. career orientation b. monopolistic approach c. product o

Usimov [2.4K]

Consumer orientation.

5 0

4 years ago

If you put a $20 bill in the pocket of your winter coat at the beginning of spring so that you will be surprised when you find i

professor190 [17]

You are using money as a store of value.

<h3>What is a store of value?</h3>

Money is anything that is generally accepted as a means of payment for goods and services and for repayment of debt. For example, the $20 bill is widely accepted as a means of payment in the US and in some parts of the world.

Money serves as a store of value when it can be used in the future for payment of money. Money is able to serve this function because it can retain its value over the long term.

To learn more about money, please check: brainly.com/question/940436

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7 0

2 years ago

Ramos is an aggressive investor and likes to win at everything. He knows that it is impossible to win or beat the averages all o

denis-greek [22]

Answer:

Actively managed mutual fund

Explanation:

Ramos wants to beat the average of all time, that is why he needs an investment strategy which carefully and analytically analyses all the portfolios. In that regards, Ramos should invest in an actively managed mutual fund, these mutual funds are usually managed by a group of specialist who carefully design investment portfolios in order to achieve maximum profits.

6 0

4 years ago