Answer:
Given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.
Explanation:
A cost driver can be described as the unit of an activity or any factor that makes the cost of an activity to fluctuate. An estimated cost driver is adequate and of the expected quality when quality or quantity is satisfactory or acceptable.
Therefore, given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.
Answer:
The Correct Option is C.
Explanation:
Vision is which a person see something either having a heavenly perspective or in the person or individual mind. Whereas the dream is what the person or individual see when the person or individual is asleep.
So, Jung believed that the dreams and the vision is important or vital form of communications from another domain.
Answer:
Consider the following calculations
Explanation:
1.
Direct material $14
Direct labor (16*1.9) 3.04
Variable overhead (1.1*1.9) 2.09
Fixed overhead (1.5*1.9) 2.85
Unit product cost $21.98
2. Cost of budgeted ending inventory = 21.98*620 = $13, 628
The multiple-step income statement clearly presents the value of total expenses is a major advantage of the multiple-step income statement over the single-step income statement. The correct option is A.
<h3>What is the advantage of using the multiple-step income statement?</h3>
The main advantage of using a multi-step income statement is that it separates operating and non-operating income. This reduces financial clutter and emphasizes the most important aspect of a company's finances—the operational portion.
Multiple-step income statements' siloed breakdowns enable deeper margin analysis and more accurate representations of costs of goods sold. Such specificity provides stakeholders with a clearer picture of how a company operates by comparing gross, operating, and net margins.
Thus, the ideal selection is option A.
Learn more about the multiple-step income statement here:
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Answer:
$114,700
Explanation:
Bad debtsexpense -Write-offs= Change in Allowance balance.
Therefore Bad debts expense =Change in Allowance balance of $83,800 + Write-offs of $30,900= $114,700
The bad debt expense that Dinty report in its first-year income statement is $114,700
.