Information systems for management. focuses on the development, usage, and effect of information systems utilized inside an organization, as well as behavioral and technical concerns related to these topics.
A management information system (MIS) is a type of information system used in organizations for information coordination, control, analysis, and visualization as well as decision-making. People, procedures, and technology are all involved in the organizational setting of the study of management information systems.
What three different types of management information systems are there?
Operational-level systems, management-level systems, and strategic-level systems are the three primary kinds of information systems that serve various organizational levels.
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A. Knowing how to prioritize
Answer:
C) will be the same for both absorption costing and variable costing
Explanation:
If the beginning and ending balance for Finished Goods Inventory is 0, that means that all the absorption costs have been assigned and all the fixed costs (for variable costing) have been assigned also. So whatever costing method you choose the valuation should be the same.
Answer:
5,409 books
Explanation:
to calculate break even point in units we can use the following formula:
break even point in units = total fixed costs / contribution margin per unit
- total fixed costs = $53,000
- contribution margin per unit = sales price - variable costs = $12 - $2.20 = $9.80
break even point in units = $53,000 / $9,80 = 5,408.16 ≈ 5,409 books
in $, that would equal = 5,409 books x $12 per book = $64,908
Answer:
the allocated direct manufacturing overhead costs of Job 56 is $25
Explanation:
Overheads in manufacturing process are allocated to jobs or products using cost drivers or surrogates.
<em><u>First Step : Determine the Pre-determined Overhead rate</u></em>
Pre-determined Overhead rate = Budgeted Overheads / Budgeted Activity
= $2,000 / 800
= $ 2.50 per labor hour
<em><u>Step 2 : Determined the Amount of Overhead allocated to Job 56 based on labor hours utilised</u></em>
Overhead for Job 56 = Pre-determined Overhead rate × Hours Used
= $ 2.50 × 10
= $25
