Answer:
Option A is correct: $51750
Explanation:
Since static budget variance for materials is favourable;hence actual cost is less than the budgeted cost.
hence actual cost=(52000-250)
=$51750.
Factors that impact the poverty rate: crime depending on the place the person lives in, social inequality, environmental conditions, and the lack of education
Answer:
$6,250
Explanation:
Cost of machine = $114,800
Salvage value = $14,800
Life of machine = 4 years
Depreciable cost = Cost - Salvage value
= $114,800 - $14,800
= $100,000
Date of purchase = October 1, 2020
Assets used for period in 2020 = 3 months
Annual depreciation:
= Depreciable cost ÷ life of assets
= $100,000 ÷ 4
= $25,000
Depreciation expense for 2020:
= Annual depreciation × (3 ÷ 12)
= 25,000 × (3 ÷ 12)
= $6,250
Answer: (C) Controlling
Explanation:
The controlling is one of the type of management function that helps in managing the various types of organizational function and also it helps in achieve the desirable goals.
It basically take various types of corrective actions for effectively managing the resources and also helps in improving the performance of the company.
According to the given question, the controlling is one of the management function that efficiently illustrating the given scenario.
In the vermilion inc, the top management of the company realized that at the time of construction of the plant shows some technical defects and the technical specialists of an organization try to resolve the given issue.
Therefore, The given process is known as the controlling management function.
