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Georgia [21]
2 years ago
7

For the following activity, indicate which of the objectives of managerial accounting activity is involved. In some cases, sever

al objectives may be involved. Developing a bonus reward system for the managers of the various offices of the AAA (American Automobile Association) Travel Agency.a. Providing information for decision making and planning. b. Assisting managers in directing and controlling operational activities. c. Motivating managers and other employees toward the organization's goals. d. Measuring the performance of activities, subunits, managers, and other employees within the organization. e. Assessing the organization's competitive position, and working with other managers to ensure the organization's long-run competitiveness in its industry.
Business
1 answer:
Sladkaya [172]2 years ago
8 0

Answer:

c. Motivating managers and other employees toward the organization's goals.

Explanation:

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Whispering Winds Corp. uses the periodic inventory system and reports the following for the month of June.
vesna_86 [32]

Answer:

a 1) FIFO

Closing Inventory = $1,760

Cost of Goods sold = $11,264

2) LIFO

Closing Inventory = $1,056

Cost of Goods sold = $11,968

b) FIFO gives the higher ending inventory than LIFO because the oldest items and lowest costs are allocated to the cost of goods sold.

c) LIFO results in higher cost of Goods sold because latest cost are allocated to the cost of goods sold and latest cost may include price increases.

Explanation:

FIFO

Closing inventory = 176 units * $10= $1760

Cost goods sold = 352 units + 704+528 -176 =1,408 units sold

from opening $2,112

12 June   = $5632

23 June   = ( 528-176) =352 units * 10 =3,520

total sold = $11,264

LIFO

Closing inventory = 176 units * 6 = $1,056

Cost goods sold =  352 units + 704+528 -176 =1,408 units sold

23 June = $5,280

12 June = $5,632

1 June  = (352-176) = 176 *6 = $1,056

Total = $11,968

4 0
3 years ago
Which of the following is one of the advantages of forming a corporation?
s344n2d4d5 [400]
B a non-profit corporation
5 0
3 years ago
Read 2 more answers
Southwest U's campus book store sells course packs for $14 each. The variable cost per pack is $12, and at current annual sales
Mumz [18]

Answer:

$23,000

Explanation:

current annual sales = 49,000 packs

Selling price of course packs = $14 each

variable cost per pack = $12

Earnings = $75,000

Contribution:

= current annual sales × (Selling price of course packs - variable cost per pack)

= 49,000 packs × ($14 - $12)

= 49,000 packs × $2

= $98,000

Fixed costs of producing the course packs:

= Contribution - Earnings

= $98,000 - $75,000

= $23,000

4 0
3 years ago
A smartphone manufacturing company uses social media to achieve different business objectives. Match each social media activity
bekas [8.4K]

Explanation:

Following is the correct matching of different social media activities with the objectives of the company.

Releases videos of its new, high tech smartphone manufacturing facility

To give consumers a peek into its operations

Hosts an online sweepstakes and gives the winners an extended warranty on a smartphone model

To increase brand loyalty  

Gives bloggers a new smartphone handset before the model is on the market

To create consumer awareness about a new product

Ask customers to determine their next model using hashtag #NEWMODEL

To allow consumers to be part of product development

5 0
3 years ago
Read 2 more answers
When a company uses the allowance method to measure bad​ debts, ________.
Phoenix [80]
<span>When a company uses the allowance method to measure bad​ debts, </span><span>the amount of bad debts expense is estimated at the end of the accounting period. 

The allowance method is used when adjusting accounts receivable on the balance sheet. This refers to amounts that have not been collected yet, such as bad debt.
</span>
6 0
3 years ago
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