Answer:
Examine the company's partner relationship management.
Explanation:
A company's value chain is only as strong as its weakest link.
Therefore, the company should examine the company's partner relationship management to properly gauge the strength of its links and continually improve as partner relationship management systems track inventory, discounting, pricing and business operations
Answer:
The equity for this firm is $32,540
Explanation:
<u>Using the accounting equation we can solve for the equity:</u>
assets = Liabilities + Equity
Equity = Assets - Liabilities
Now, we need to determiante the totals for assets and liabilities and sovle for equity:
Cash 31,800
Supplies 740
Equipment <u> 11,300 </u>
Total Assets 43,840
Liabilities 11,300
Equity = 43,840 - 11,300 = <em>32,540</em>
The information given is differentiated into either managerial accounting or financial accounting below:
- Main characteristic of data is that it must be reliable and objective = Financial accounting.
- Not governed by legal requirements = Managerial accounting
- Primary users are external (i.e creditors, investors) = Financial accounting
- Focused on the future = Managerial accounting
- Reporting is based mainly on the company as a whole= Financial accounting
- Reports are usually prepared quarterly and annually= Financial accounting
- Information is verified by external auditors = Financial accounting
- Focused on the past = Financial accounting
<h3>What is managerial accounting?</h3>
Managerial accounting is a method of accounting that creates statements, reports, and documents that help management in making better decisions.
Financial accounting is concerned with the summary, analysis and reporting of financial transactions related to a business.
Learn more about managerial accounting on:
brainly.com/question/4952511
Answer:
budgeted direct-labor rate= $700 per direct labor hour
Explanation:
Giving the following information:
Budgeted total direct-labor costs $14,000,000
Budgeted total direct-labor hours 200,000
To determine the direct-labor cost rate, we need to use the following formula:
budgeted direct-labor rate= total amount of direct labor cost/ total amount of direct labor hours
budgeted direct-labor rate= 14,000,000/200,000= $700 per direct labor hour
Answer:
$2,730,000 and $40,000 under applied
Explanation:
For computing the under applied or over applied, first we have to find out the predetermined overhead rate which is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)
= ($2,800,000) ÷ (200,000 machine hours)
= $14
Now the overhead applied is
= Actual machine hours × predetermined overhead rate
= 195,000 × $14
= $2,730,000
Now the over applied or under applied is
= Actual annual overhead cost - applied overhead
= $2,770,000 - $2,730,000
= $40,000 under applied
