Answer:
$124,700
Explanation:
Indirect labor budgeted is $57,000
Factory supervision is $65,000
The normal capacity is 142,500
Direct labor 145,000
Therefore the flexible budget can be calculated as follows
= 57,000+65,000/142,500
= 122,000/142,500
= 0.86
0.86×145,000
= 124,700
Hence the flexible budget is $124,700
Answer:
competitive advantage
Explanation:
A competitive advantage is the ability of a company to perform better than its competitors based on a unique value it offers to consumers. For example exclusive access to a resource, low pricing of same goods with competitors, highly skilled labour, geographic location, and brand recognition.
ABC manufacturing employs top professionals, so it is leveraging on its highly skilled labour to get competitive advantage in the industry.
high prices of goods and the change of currency
Explanation:
the the government loses a huge amount of money the currency demands a high exchanging rate
Answer:
B. A partnership may use federal income tax rules to account for transactions in their journals and ledger accounts.
Explanation:
There is a lot of difference in accounting of normal partnership firms and that of non profit organisations.
Simply a partnership firm cannot be formed as a non profit entity.
A partnership can use any federal laws in compliance and do accounting entries in accordance with them.
The partnership equity section only contains partner's capital account as there are no retained earnings section.
Partnership's do not pay dividend, and if it does it is not limited to money.
