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Blizzard [7]
1 year ago
11

according to the regulation of privileges and immunities between states, a citizen of texas who buys a product while visiting a

store in california .
Business
1 answer:
Stella [2.4K]1 year ago
7 0

According to the regulation of privileges and immunities between states, a citizen of Texas buys a product while visiting a store in California and Pays the California sales tax.

Definition: A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber forms. All products are made at a price and sold at a price. The price charged varies by market, quality, marketing, and target segment.

A product is an item or service sold to satisfy a customer's needs or desires. they are physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and consumables (such as food and beverages).

Learn more about the product  here

brainly.com/question/25922327

#SPJ4

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Question 1 What forces have caused cost and management accounting systems designed decades ago to become less relevant and less
sergey [27]

Answer to Question 1:

The forces that had lessened the importance of the cost and management accounting systems in today's dynamic world are as under:

  • The ancient bookkeeping and the costing techniques were very time consuming and the accounting systems were also not integrated with the financial accounting systems. Today we have very robust and integrated systems which helps the management of the business operations nation wide with greater security and better performance than the previous old versions.
  • The complexity of the organization operations have resulted in origination of additional management accounting techniques that were adapted in the form of automated software, that are used to produce management reports on daily, weekly, monthly and yearly basis. The examples include the Throughput costing, Activity based costing, Bench-marking techniques, etc.
  • The activities automation has led to attaining of maximum efficiency possible in some areas which wasn't possible in the past. The robots management systems, activity automation, etc has increased the fixed cost share in the total cost and the variable cost has become a very minute share of the total cost of the activity. This variable cost which is often referred to as controllable cost, is very less in percentage share of total cost today than 10 years back. In the future, we will see it as a very very very small share of total cost. This makes the today's management costing techniques obsolete and requires new solutions, new techniques, new softwares, etc. to manage the companies operations.

Answer to Question 2:

The target costing is a costing technique that helps to reduce the cost of the company operations by setting cost targets for the operations. The first step under target costing is to set a selling price for the product and the second step is to set the target profit margin. Now at this position we are able to derive the target cost by taking the difference of profit margin and the selling price of the product. At this stage the actions and reforms required to achieve this target cost are determined and implemented in the current operating activities. The best part of the target costing is that it says that the pricing though matters but the main aspect of a product success is its cost controls. If the company is able to control the cost of the product then it can control the movement of prices in the market. So target costing specially focuses and stresses upon cost control procedures.

As Target costing is all about cost controlling and can be applied to any sector. In Ghana, target costing will help to control the cost of the services that the banking sector renders to its customers. This reduction in services cost can be achieved by automation, installation of new softwares, Investing in automated teller machines, etc. By gaining efficiencies, the banking sector will substantially reduce its cost thus achieving its target cost.

By achieving the target cost the bank will have to sell at the same rate as the bank had invested its time and money in efficiency gaining activities. There are a lot of activities and products that can be automated and that can help to achieve the target cost. For example, promoting internet banking will reduce the cost of ATM management, paper cost, management time, additional branch opening or extension of building, etc. We can see how easily internet banking will assist the banking sector to achieve its target costs.

5 0
3 years ago
How do you spell ''the''
sergeinik [125]

Answer:

T-H-E

Explanation:

4 0
2 years ago
Read 2 more answers
As a financial manager for a very profitable manufacturer of specialty steel, Kurt has been asked to investigate sources of long
aleksklad [387]

Answer: True

Explanation:

He is planning to use the retained earnings that are the result of the net profit plus the accumulated of the previous year, this with the purpose of not paying interest for the financing of his investment, another way of making an investment and not generating interest is that they are obtained a new financing of capital by the shareholders, which will be capitalized to equity and will not require the payment of interest only from dividends according to the parties but definitely, the only way that an interest or a portion to be paid by part is not generated of investment is what.

8 0
3 years ago
produces class rings. Its​ best-selling model has a direct materials standard of grams of a special alloy per ring. This special
lozanna [386]

Complete Question:

Collegiate Rings produces class rings. Its best-selling model has a direct materials standard of 8 grams of a special alloy per ring. This special alloy has a standard cost of $65.40 per gram. In the past month, the company purchased 8,700 grams of this alloy at a total cost of $567,240. A total of 8,300 grams were used last month to produce 1,000 rings. Read the requirements. Requirement 1. What is the actual cost per gram of the special alloy that Collegiate Rings purchased last month? (Round your answer to the nearest cent.) The actual cost per gram of the special alloy that Collegiate Rings purchased last month is $

Answer:

Collegiate Rings

The actual cost per gram of the special alloy that Collegiate Rings purchased last month is $65.20

Explanation:

Calculations:

Actual Cost per gram of special alloy = Total Actual Cost/Total Actual Quantity

= 567,240/8,700 grams

= $65.2

This value represents the cost of the special alloy per gram.  It is obtained as calculated above.  Price or cost per unit is always equal to the actual cost divided by the total quantity.  The actual cost will be equal to the price charged by the supplier less any discounts or special allowances.

7 0
3 years ago
A separation between ownership and management is most likely to occur in a:
Thepotemich [5.8K]
 a separation between ownership and management is most likely to occur in a  : Corporation
In a corporation, the owners (or more commonly known as the share holders) tend to higher the executive that they believe is capable to manage the company

hope this helps
7 0
3 years ago
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