The reasons to use single measure and multiple standards are given below.
<h3>
The reasons for using a single measure and multiple standards are:</h3>
- The use of a single-item measure decreases the possibility of common method variance, which occurs when misleading correlations are seen due to the usage of the same response format rather than item content. Furthermore, the face validity of the single-item measure should not be overlooked.
- Standards ensure the safety, quality, and dependability of products and services; they facilitate trade and safeguard our and the environment's health. Standards in business improve systems and processes by reducing waste, lowering costs, and ensuring uniformity.
- Standards also help to rationalize and minimize production costs, which helps to meet consumer demands for low-cost services while retaining high quality.
- Standards specify quality and minimum criteria and give accepted solutions for consumer, health, safety, and environmental protection.
Therefore, the reasons for using the single measures and multiple standards are given.
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I believe the answer is D: Horizontal.
Answer:
$35.53 per machine-hour
Explanation:
Estimated machine-hours 39,700 hours
Estimated variable manufacturing overhead $6.32
Estimated total fixed manufacturing overhead $1,159,637
Actual machine-hours for the year 37,500 hours
Predetermined overhead = Estimated total fixed manufacturing overhead / Estimated machine-hours
Predetermined overhead = ($1,159,637 / 39,700 hours) + $6.32
Predetermined overhead = $29.21 + $6.32 = $35.53 per hour
Answer:
Income tax expense of $14 million should report in the income statement
Explanation:
Southeast Airline should report the income on the basis of their earning in the year.
Earning Before Tax = $30 Million
Tax on Earning Before Tax = $30 Million x 40% = $12 million
Gain on disposal = $5 million
Tax on Gain on disposal = $5 million x 40% = 2 million
Total Income tax = $12 million + $2 million = $14 million
Another way
Total Income tax = ( $30 million + $5 million ) x 40% = $14 million