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3 years ago

Discuss the importance of managerial accounting as "decision-making tool" in your organization.

Business

1 answer:

Gelneren [198K]3 years ago

6 0

Answer and Explanation:

Managerial accounting is the procedure we likewise know as cost bookkeeping in which an administrator uses the information which is recognized, estimated and broke down from their bookkeeping procedure all together for a director to comprehend understanding with regards to basic leadership, we should have the option to comprehend that the qualities present in any conceivable choice depend on various components which have their own pertinence in the result. As chiefs, it is our obligation to choose the most ideal result notwithstanding the nearness of various distinctive option with various probabilities of achievement and result.

This is the reason, when we think about the procedure of cost accounting, we can say that the way that the chief is currently ready to comprehend the procedures dependent on their result, their likelihood of event just as other significant components which permits them that comprehension of having the option to accomplish the no doubt result which is good for the organization, it settles on their basic leadership process a lot simpler and applicable, We have to ensure that the association comprehend the significance of cost bookkeeping and different investigation forms permitting the organization the utilization of their asset and the most ideal viewpoint for them while likewise filling in as the fundamental factor of data pertinent for outside gatherings and partners and so as to for them to comprehend their venture and potential returns also.

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Suppose two pizza parlors employ drivers whose job it is to deliver pizzas to those who order over the phone. One company pays i

ANTONII [103]

Answer:

The second company which pays as per delivery.

Explanation:

In simple words, the company paying their employees as per the deliveries made have incentive their employees to work in speedy manner. It is definite that employees, in intention to earn more, will try to deliver more and more pizzas and that could lead to major accidents.

The other company employees might not work in an hurry as they are being paid on hourly wages hence extra work is not going to get them anything.

5 0

3 years ago

Whats being productive

Vika [28.1K]

Doing anything positive

4 0

3 years ago

Read 2 more answers

A two-year bond with par value $1,000 making annual coupon payments of $99 is priced at $1,000.

iVinArrow [24]

Answer:

(a) 9.9%

(b) 10.09%

The further explanation is given below.

Explanation:

The given values are:

Coupon payment

= $99

Price

= $1,000

(a)

The Yield to maturity (YTM) will be:

= $\frac{C+\frac{F-P}{n} }{\frac{F+P}{2} }$

where,

C = Coupon payment

P = Price

n = years to maturity

F = Face value

On putting the estimated values is the above formula, we get

⇒ $99+\frac{0}{1000}$

⇒ $.099$

⇒ $9.9$ %

(b)

Although the 1st year coupon was indeed reinvested outside an interest rate of r%, cumulative money raised will indeed be made at the end of 2nd year.

= $[99\times (1 + r)] + 1,099$

Came to the realization compound YTM is therefore a function of r, as is shown throughout the table below:

Rate (r) Total proceeds Realized YTM ( $(\frac{proceeds}{1000} )^{.5} - 1$ )

7.9% 1205.8 9.8%

9.9% 1207.8 9.9%

11.9% 1209.8 9.99%

Now,

Overall proceeds realized YTM:

= $\frac{proceeds}{1000} -18 \ percent \ 1,\frac{2081208}{1000} - 1$

= $0.0991$

= $9.91 \ percent \ 10 \ percent \ 1,\frac{2101210}{1000}- 1$

= $0.1000$

= $10.00 \ percent \ 12 \ percent \ 1,\frac{2121212}{1000}-1$

= $0.1009$

= $10.09$ %

6 0

3 years ago

Suppose in the short run a firm’s production function is given by Q = L 1 2 K 1 2 and that K is fixed at K = 10. If the price of

Furkat [3]

The firm’s marginal cost of production when the firm is producing 50 units of output is 33.33

Solution:

The production function is Q = $\sqrt{L * K}$

The initial value is 10 units. The production value is 50 units The manufacturing cycle needs work as stated below.

Q = $\sqrt{L * K}$

Q = $\sqrt{L * 10}$

L = $(\frac{Q}{3.162} )^{2}$

The wage rate is $15 . The following is the expense of the manufacturing process.

TC = $P_{L} * L + P_{K} * K$

TC = $( 15 * (\frac{Q}{3.162} )^{2} ) + [ P_{k * 10}]$

The marginal production cost is really the increase in manufacturing costs as output increases by 1 point.

As listed below, the marginal cost:

TC = $( 15 * (\frac{Q}{3.162} )^{2} ) + [ P_{k * 10}]$

MC = $\frac{TC}{Q}$ = $\frac{2Q}{3}$

MC = $\frac{2*50}{3}$ = 33.33

6 0

3 years ago

At the beginning of the month, the Painting Department of Skye Manufacturing had 30,000 units in inventory, 70% complete as to m

VikaD [51]

Answer:

Cost per equivalent unit of material = $2.20 per unit

Cost per equivalent unit of conversion = $4 unit

Explanation:

The computation of Cost per equivalent unit of material, Cost per equivalent unit of conversion is shown below:-

For computing the cost per equivalent first we need to find the equivalent unit of material which is below:-

= Transferred units + ( Department units × Material percentage)

= 135,000 + (20,000 × 40%)

= 135,000 + 8,000

= 143,000

So, the Cost per equivalent unit of material = (Beginning material cost + Current month material cost) ÷ Equivalent unit of material

= ($32,400 + $282,240) ÷ 143,000

= $314,640 ÷ 143,000

= $2.20 per unit

Now, For computing the Cost per equivalent unit of conversion first we need to find the equivalent unit of conversion cost which is below:-

= Transferred units + ( Department units × Conversion percentage)

= 135,000 + (20,000 × 15%)

= 135,000 + 3,000

= 138,000

So, the Cost per equivalent unit of conversion = (Beginning conversion cost + Current month conversion cost) ÷ Equivalent unit of conversion cost

= ($6,250 + $544,700) ÷ 138,000

= $550,950 ÷ 138,000

= 3.99

or $4 unit

8 0

3 years ago