It seems that you have missed the necessary options for us to answer this question so I had to look for it. Anyway, here is the answer. The statement that reflects upon the difficulty <span>companies face when requiring international suppliers to follow environmental and human rights standards set by u.s. firms is this:</span> Both economics and culture enter into the discussion of fairness concerning international suppliers who do business with U.S. Firms. Hope this helps.
Answer:
Each manager should be evaluated on the costs but not the revenues that are under his or her control.
Explanation:
Controllability refers to the amount of influence that a manager has over costs or revenues. In responsibility accounting, only those elements are identified which are controllable. A person is given the responsibility for managing such kind of elements.
A person is given an authority to control the costs so that they are able to keep up their performance.
However, according to the controllability concept to responsibility accounting,
each manager should also be evaluated on the revenues that are under his or her control.
Cash flow from investing activities are as follows:
Sale of Equipment $51300
Purchase of Truck ($89000)
Sale of Land $198000
Sale of Long Term Investments $60800
Net Cash Flow from Investing Activities $221100
Calculation of Receipts from sale of equipment are as below:
Book Value of Equipment 65300
Less Loss on Sale 14000
Proceeds from sale 51300
We shall ignore original coat of the asset to calculate the above. Also only cash flows shall be considered to find the cash flow from investing activities.
Answer:
a. $(8000)
b. Company should choose alternative 1 and make bottles.
Explanation:
Particulars Make Bottles Buy Bottles Differential
Alternative 1 Alternative 2
Purchase Price 0 $37 $(37)
Freight Charges 0 $4 $(4)
Variable cost $33 $33
Fixed Cost $17 $17 0
Cost per unit $50 $58 $(8)
Income / (Loss) $50,000 $58,000 $(8,000)
b. The company should choose alternative 1 and make bottles. The buying of bottles will cost company loss of $8,000.
$42.25
- trade prices that are shown on the tape DO NOT include commission.