Answer:
False
Explanation:
Management information systems (MIS) are very useful tools that managers can use to obtain information from internal and external sources. The advantage of using management information systems is that they can convert a lot of data into useful information and us it in decision making processes.
But MIS are just one more tool that managers can use, it doesn't replace managers and it doesn't make decisions by itself, its main purpose is to provide useful information that managers can use.
Answer:
15,351.00 unfavourable
Explanation:
<em>Material quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity.</em>
<em>It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price</em>
gram
300 units should have used (300× 4.6) 1380
but did used <u>2,400</u>
1020
Standard price ×<u> 15.05</u>
Material quantity variance 1<u>5,351.00</u> unfavourable
We need the is as follows to know and answer the question sorry but can hellp unless the questions finished
Answer:
a. 1,090
Explanation:
Without any other information provided, the easiest way to answer this question is to make directly the calculations of income and costs. the logic behind this problem is to calculate all the income and substract the costs of production, in this particular case we have:
+Income: 3,250
-Cost of goods: 1,285
-Operating expenses: 875
Net Income: 1,090
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