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3 years ago

EB1.

Business

1 answer:

sammy [17]3 years ago

4 0

Answer:

For answer,please see explanation.

Explanation:

The following statements describe the reporting by Managerial accounting function of the organization:

The users of the report are managers who need a daily summary of work done each shift.

The report is a job cost sheet for jobs completed in a 24-hour period.

The report is prepared every day because the customer service manager needs information about inventory ready to be shipped to customers.

The following statements describe the reporting by Financial accounting function of the organization:

The annual report is released each year on the companyâ€™s website.

The report is audited by the companyâ€™s certified public accountant firm.

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What are specialist shops

weeeeeb [17]

A shop that sells one type of thing

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3 years ago

Teall Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard mac

Basile [38]

Answer:

$4,100 Unfavorable

Explanation:

Data provided as per the question

Budgeted fixed overhead cost = $51,000

Actual fixed overhead cost = $55,100

The computation of the fixed manufacturing overhead budget variance is given below:-

Budget variance = Budgeted fixed overhead cost - Actual fixed overhead cost

= $51,000 - $55,100

= $4,100 Unfavorable

In the given question the right answer is not available. So, the right answer is $4,100 unfavorable.

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3 years ago

Cheshire Corporation purchases a machine for $125,000. It has an estimated salvage value of $10,000 and is expected to produce

densk [106]

Answer: Depreciation for the first year = 17825

Explanation:

Given:

Machine purchased for $125,000

Salvage value of $10,000

Output = 100,000

First year of operation, Output = 15500

First, we'll evaluate depreciation per unit over the entire life of the machine:

i.e. $Depreciation\ per\ unit = \frac{ Purchasing\ cost - Salvage\ value}{Total\ units\ produced}$

Depreciation per unit = $\frac{125000 - 10000}{100000}$

Depreciation per unit = 1.15

Now, we'll compute the depreciation for the first year:

Depreciation for the first year = Depreciation per unit × Output (first year)

Depreciation for the first year = 1.15 × 15500

Depreciation for the first year = 17825

7 0

2 years ago

Read 2 more answers

Pablo, a resident of New Mexico, while driving through Arizona was struck by an SUV driven by Drew, a resident of California. Dr

mart [117]

Answer: See explanation

Explanation:

Based on the information that was provided in the question, Pablo’s case with regards to the scenario given will be regarded as a civil case due to the fact that Drew is being sued.

The Federal court will be the court where the case will hold. This is due to the fact that the parties involved are from different states. While Pablo is from New Mexico, Drew is from California. For speeding, a criminal case can also be brought against Drew.

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3 years ago

International Data Systems' information on revenue and costs is relevant only up to a sales volume of 106,000 units. After 106,0

cupoosta [38]

Answer:

Option A. $792,000

Option B. $211,800

Explanation:

At the level 106,000 Units, the price per unit and variable cost per unit will remain at $16 and $8 per unit.

Option A.

Sales (106,000 Units * $16) $1,696,000

Variable cost (106,000* $8) $848,000

Fixed costs $56000

Operating Profit $792,000

Option B.

When the production exceeds 106,000 units level, the price per unit and variable cost per unit will remain at $9.8 and $8.5 per unit.

Sales (206,000 * $9.8) $2,018,800

Variable cost (206,000 * $8.5) $1,751,000

Fixed costs $56,000

Operating Profit $211,800

The profit has been decreased substantially due to increase in Marginal cost.

7 0

3 years ago