Answer:
Unitary variable cost= $42
Explanation:
Giving the following information:
Direct Materials $14
Indirect Materials (variable) $4
Direct Labor $8
Indirect Labor (variable) $6
Other Variable Factory Overhead $10
During the period, the company produced and sold 1,000 units.
Under the variable cost method, the product cost is calculated using direct material, direct labor, and variable overhead:
Unitary variable cost= 14 + 8 + (4 + 6 + 10)= $42
Answer:
The fourteen principles of management created by Henri Fayol are explained below.
Division of Work- ...
Authority and Responsibility- ...
Discipline- ...
Unity of Command- ...
Unity of Direction- ...
Subordination of Individual Interest- ...
Remuneration- ...
Centralization-
Answer:
Accrual basis of accounting
Explanation:
As we know that the income statement only reports the total expenses incurred and total revenues generated in a given period of time.
This accounting basis refers to the reporting of the transactions when they are earned or incurred instead of received or paid.
In this, it also follows the matching principle that stated the expenses should be matched with the revenues of the same period.
Answer:
$ 19,740
Explanation:
Retained earnings are calculated by subtracting dividends distributed from the net income. Retained earnings are the business profits kept by a business as opposed to being distributed to shareholders.
A company's net income = retained earnings plus dividends paid.
For Parker dividends declared were: $ 4,860
Retained earnings will be:
Closing retained earnings= opening retained earning + income - dividends
$401,460 =$386,400+income -$4 680
$401,460 =386,400-4680 +income
$401,460=381,720 +income
income= $401,460 -$381,720
=$19,740
Answer: Goal acceptance
Explanation:
Most times in organizations, it is the people in leadership positions who set and manage goals for the employees and it is rare for staff to be part of the goal setting process,
Such employees are sometimes not sure of what to do and how to achieve the goals. Such employees are not in charge of their own responsibilities. Employee goal acceptance is when employees are just part of the process when making decisions even though the goals are set by the management.