Answer:
The corresponding budgets in column B from which dollar amounts are transferred directly in constructing the budgets listed in Column A are matched in the explanation below
Explanation:
1.) Budgeted Income Statement
E.) Sales Budget
2.) Budgeted Balance Sheet
D.) Payables Budget
3.) Cash Flow Budget
A.) Direct Materials Budget
4.) Cost of Goods Sold Budget
B.) Cost of Goods Sold Budget
5.) Production Budget
C.) Production Budget
Answer:
Edgar is a chef and the kitchen manager in an upscale restaurant. He is very knowledgeable in both the culinary and restaurant management fields. Because he possesses these technical skills, Edgar can be considered an Management by objectives (MBO)
Explanation:
Management by Objectives (MBO) has to do with management of organization in terms of their goals and ensure maximum performance is recorded. Edgar used MBO as a result helps the restaurant to harness their resources and manage it efficiently.
This is a <u>false</u> statement.
<u>Explanation</u>:
The employees of Mauve Company are permitted to use the copying machine in the office for personal purpose occasionally. The copying machine is placed in the room where the higher officials work. So the use of the machine was limited. It is difficult for the low wage employees and employee working in warehouse to use the copying machine as the machine is placed in high official’s room. So the low wage employees never use the copying machine. The use of the copying machine may not be excluded from gross income as the benefit is unfair.
Answer:
$43,500
Explanation:
Direct labor costs refer to the salaries that are paid to the employees that perform a job that is related to the production of a good. In this case, it would be the wages of the employees that work in the production of the units budgeted.
To calculate the total cost, first you have to calculate the amount of hours require to produce 11,600 units:
1 unit → 15 minutes
11,600 units → x
x=(11,600*15)/1= 174,000 minutes
1 hour → 60 minutes
x ← 174,000 minutes
x=(1*174,000)/60= 2,900 hours
Now, you can calculate the total budgeted direct labor costs by multiplying the labor rate per hour for the number of hours needed to manufacture the units budgeted:
$15*2,900= $43,500
According to this, the answer is that the total budgeted direct labor costs for February is $43,500.
Answer:
the estimation of the cost of equity is 7.4%
Explanation:
The computation of the estimation of the cost of equity is shown below:
Here we used the Capital Asset Pricing model formula i.e.
Cost of equity = Risk free rate + Beta × market risk premium
= 6% + 0.20 × 7%
= 6% + 1.4%
= 7.4%
Hence, the estimation of the cost of equity is 7.4%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
