Answer:
True
<h3>
What is an Information system?</h3>
- An Information System (IS) is a set of interrelated components that work together to collect, process, store, and disseminate information to support decision-making.
- They also support the coordination, supervision, analysis, and visualization of an organization.
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Answer:
This policy would likely make Doomsville's recession worse.
Explanation:
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Answer:
235,000 total overhead
Explanation:
First we calculate the rate for activity
![\left[\begin{array}{cccc}&Cost&Pool&Rate\\Setups&60,000&24,000&2.5\\Inspections&120,000&24,000&5\\Assembly&280,000&28,000&10\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26Cost%26Pool%26Rate%5C%5CSetups%2660%2C000%2624%2C000%262.5%5C%5CInspections%26120%2C000%2624%2C000%265%5C%5CAssembly%26280%2C000%2628%2C000%2610%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Next, we apply this rate to desk lamp
![\left[\begin{array}{cccc}&Rate&Desk&Overhead\\Setups&2.5&16,000&40,000\\Inspections&5&15,000&75,000\\Assembly&10&12,000&120,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26Rate%26Desk%26Overhead%5C%5CSetups%262.5%2616%2C000%2640%2C000%5C%5CInspections%265%2615%2C000%2675%2C000%5C%5CAssembly%2610%2612%2C000%26120%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Total Overhead will be the sum of each activity overhead
40,000.00 + 75,000.00 + 120,000.00 = 235,000 total overhead
Answer: C.$221.86
Explanation:
Contribution Margin is the difference between the sales price and the variable costs.
Best case scenario of Sales would mean it is the higher amount.
Best case scenario of costs would mean the lower amount.
Best case Sales
= 349 * ( 1 + 3%)
= $359.47
Best Case Variable Cost
= 139 * ( 1 - 1%)
= $137.61
Best Case Contribution Margin
= Best case Sales - Best Case Variable Cost
= 359.47 - 137.61
= $221.86
If a company uses $1,600 of its cash to purchase supplies, the effect on the accounting equation would be one asset increases $1,600 and another asset decreases $1,600, causing no effect.
<h3>What is an accounting equation?</h3>
The relationship between a person's or company's assets, liabilities, and owner's equity are represented by the basic accounting equation, often known as the balance sheet equation. It serves as the system's cornerstone. The sum of the debits and credits for each transaction is equal.
Stockholders' equity is referred to as capital in corporations. Since every business transaction impacts at least two accounts, the accounting equation will always be "in balance," which means the left and right sides of a company's balance sheet should always be equal.
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