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Tom [10]
3 years ago
11

Qs 14-2 fixed and variable costs lo c2 a cell phone company offers two different plans. plan a costs $80 per month for unlimited

talk and text. plan b costs $0.20 per minute plus $0.10 per text message sent. you need to purchase a plan for your 14-year-old sister. your sister currently uses 1,700 minutes and sends 1,600 texts each month. (1) what is your sisters total cost under each of the two plans
Business
1 answer:
Arlecino [84]3 years ago
3 0

Plan A: Post paid plan

Total cost A = $80 per month

 

Plan B: Pre paid plan

Total cost B = $0.20 per minute * 1,700 minutes + $0.10 per text message * 1,600 texts

Total cost B = $340 + $160

Total cost B = $500 per month

 

<span>Therefore it is better to get the post paid plan, plan A.</span>

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A common error the auditor may find during the audit of property, plant, and equipment is that the client neglected to make a jo
inna [77]

Answer:

In the current case, the CPA checked the initial adjusts of property, plant and gear during his first year of commitment. Presently during his subsequent year, he goes over certain things which may expect him to change his review systems.  

Part  1.

At the point when the associate controller expressed that "they had such a large number of additional items lying around", the CPA would have realized that numerous additional printers and the scanners are there in the organization. As the organization isn't a misfortune making endeavor or scaling down, there is no purpose behind this to occur, other than that the organization has bought new printing and examining hardware.  

Thus, numerous old printers and scanners have gotten out of date and now are lying around being pointless.  

Additionally, as the CPA would have entered the customer office and had introductory conversations with the administration, before beginning of the review strategies, he would have seen the numerous scanners on every representative's work area, yet no printer. That also have cautioned the CPA with respect to the organization's difference in hardware use.  

Part 2.

Presently, as the organization has bought numerous new gear, the review technique which can be included are:  

  • Verify the physical gear with the solicitations being entered in the framework  
  • The sensibility of the new buys  
  • The treatment of the old gear, regardless of whether disposed of and discounted from the books or not  
  • The cost booked in the benefit and misfortune account, for the gear lying around the workplace, yet with no utilization and scrap esteem left  
  • As the organization has rolled out numerous improvements with the benefits of the organization, physical check of the advantages ought to be certainly considered in the review program  

Part 3.

The cost in regards to the new gear in the financials would have furnished the CPA with the data that organization has brought about costs on the new hardware.  

The expanded devaluation cost would have raised the doubt.  

The conversations with the administration about the general working of the organization and the advancement of the organization would have featured this point in the discussion.  

Other than this, irregular voyage through the workplace and conversations with not many of the representatives would have featured this act of the organization to the examiner.

6 0
3 years ago
Conversion cost per equivalent unit is the combined costs of direct materials and factory overhead.
Maksim231197 [3]

Answer:

False

Explanation:

Cost

This is simply defined as a payment of cash or the commitment to pay cash in the future for revenues purpose. E.g. The cash used to purchase a tractor, is the cost of the tractor.

Conversion costs

This is simply regarded as direct materials, direct labor, and factory overhead costs that can be selected together or grouped together for analysis and reporting. It consist of direct labor in factory overhead costs.

The Equation for Conversion cost is simply = Direct Labor Cost + Manufacturing Overhead Cost.

While the Equivalent Units of Production = Number of Units Transferred to the next department + Equivalent Units in Ending Works in Process Inventory.

The equation for Equivalent units of production for conversion cost is given below: Units completed and transferred out + Equivalent units in ending work in process for conversion cost.

The equation for Cost per equivalent unit for conversion cost is simply =

(conversion cost of beginning work in process + conversion cost added during the period)/ Equivalent units of production for conversion cost.

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At which inventory level is operations management considered to be doing an excellent job?
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