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1 year ago

The budgeted income statement does not rely on information from the ______ budget.

Business

1 answer:

Marta_Voda [28]1 year ago

3 0

The budgeted income statement does not rely on information from the production budget.

<h3>What is a budgeted income statement?</h3>

The expected profit, revenue, and expenses for the upcoming year or months are listed in a budgeted income statement, which is a financial report. Its purpose is to assist businesses in future planning, better decision-making, and resource allocation.

All of the line categories seen in a typical income statement are included in the budgeted income statement, but it is an estimate of what the income statement would look like in future budget periods.

The budgeted income statement makes it easier to compare planned and actual income and expense components at the end of the month. It aids in evaluating the efficiency of the company's financial planning procedure.

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According to the leadership grid developed by Blake and Mouton, which management style reflects moderate concern for production

sergiy2304 [10]

Answer:

Middle-of-the-road management

Explanation:

Middle - of - the - road management -

It refers to the leadership style , which is plotted in the center of the grid , and the balanced concern between people and production is observed , is referred to as the Middle-of-the-road management .

These type of leaders helps to settles the average performance by the employees.

Hence, from the given information of the question,

The correct term is Middle-of-the-road management .

7 0

3 years ago

Janice wants to sell her townhome, and her neighbor is considering buying it. While waiting to find out if her neighbor is going

Finger [1]

Answer:

An exclusive agency agreement will save Janice the cost of a commission.

Explanation:

An exclusive agency is an agreement between a seller and a real estate agent which grants the agent the right to be the only authorized agent to market and sell a property. However, the seller retains the right to sell the property independently of the agent, in which case, no commission is payable to the agent.

In the given scenario, Janice wants to market her home and receive the best representation possible. Hence, she requires the services of an agent in order to do so. However, Janice would want to retain the right to be able to sell the property on her own. This way, if her neighbor does ultimately decide to buy the property, Janice can simply sell it to the neighbor without having to pay any commission to her agent.

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3 years ago

The use of the Certified Public Accountant title is regulated by Question content area bottom Part 1 A. state law through the li

marshall27 [118]

Answer:

1.C

Explanation:

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(- -) (- -)

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5 0

2 years ago

Valutech Manufacturing uses job order costing for its production of MP3 players. The cost incurred for the current year for the

lyudmila [28]

Answer:

$65 per unit

Explanation:

For computing the cost per unit first we have to determine the cost of goods manufactured which is shown below:

Cost of goods manufactured = Opening work in process + direct material cost + direct labor cost + manufacturing overhead cost - ending work in process

= $10,000 + $12,000 + $6,000 + $4,000 - $6,000

= $26,000

And, there is a production of 400 MP3 players

So, the cost per unit is

= $26,000 ÷ 400 MP3 players

= $65 per unit

8 0

3 years ago

A property is assessed at $64,410. the county tax rate is 8.9 mills per dollar. what would the monthly payment for taxes be to t

Marta_Voda [28]

The monthly payment for taxes be to the escrow account to $48

$48 Assessed value × tax rate = annual tax amount ÷ 12 = monthly tax amount

8.9 mills ÷ 1,000 = 0.0089 tax rate

$64,410 × 0.0089 = $573.25 annual tax ÷ 12 = $47.77, rounded to $48

<h3>What is property?</h3>

Anything over which a person or a company has legal ownership is considered property. Property can refer to both real objects, like homes, automobiles, or appliances, as well as intangible items with the potential for future value, like stock and bond certificates.

Corporeal property and incorporeal property are the two primary forms of property. Corporeal Property is visible and tangible, but incorporeal Property is not. Additionally, corporeal property refers to the ownership of tangible objects, whereas incorporeal property refers to an intangible right in real estate.

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5 0

2 years ago