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3 years ago

In functions of business, what is an example of management?

1 answer:

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The four primary functions of managers are planning, organizing, leading, and controlling. By using the four functions, managers work to increase the efficiency and effectiveness of their employees, processes, projects, and organizations as a whole.

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Wilturner Company incurs $88,000 of labor related directly to the product in the Assembly Department, $37,000 of labor related t

Kazeer [188]

Answer:

Explanation:

The journal entry that would include is shown below:

Work in Progress inventory A/c Dr $125,000

Factory overhead A/c Dr $24,000

(Being labor cost is recorded)

The computation is shown below:

Work in progress = Labor expenses + whole labor expenses

=$88,000 + $37,000

= $125,000

The labor expenses are directly related to the product which means it is a direct cost

And, the whole labor expense is considered to be the overhead cost as it is not directly related to the product

And, the $24,000 is also considered as an overhead cost because it is used in both the departments so it is come under the factory overhead account

4 0

3 years ago

According to SEC independence regulations,

Komok [63]

Answer: Option (b) is correct.

According to Securities and Exchange Commission independence code: Pre-approval of accountants' work may be in reconciliation with comprehensive policies and transaction rather than categorical.

The Commission’s code, principally through Regulations S-X, focuses on the accomplishment of accountants, counting the autonomy condition for auditors that issue audit filed with Commission.

5 0

4 years ago

Which of the following would be a likely contact group for someone like Sharon, an intern who just started working for the produ

larisa [96]

The best and the most correct answer among the choices provided by the question is the the second choice. The people that would most likely contact Sharon are her office mates from their department. I hope my answer has come to your help. God bless and have a nice day ahead!

3 0

4 years ago

Read 2 more answers

explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and

ololo11 [35]

The main purpose of a business is to make profit. A businessmen will feel secure to operate his business activities in a country where he feels himself and his business activities secure.

When the shops and malls are looted in a country, the businessmen will have feeling of insecurity and so they will shut down their business activities because whatever profits they make from running business, it is looted by robbers.

There is always some social responsibility of the citizens that even in case of emergency situations they should not be unethical activities and indulge in criminal activities.

Learn more at brainly.com/question/24383317

8 0

3 years ago

Exercise 10-7 Direct Materials Variances [LO10-1] Huron Company produces a commercial cleaning compound known as Zoom. The direc

Musya8 [376]

Answer:

Direct Material Price Variance = $1,100 Favorable

Direct Material Quantity Variance = - $9,075 Unfavorable

Explanation:

Direct Material Price Variance = (Standard Price - Actual Price) X Actual Quantity

Provided Standard Price = $2.50

Actual Price = $2.40

Actual Quantity = 11,000 pounds

Direct Material Price Variance = ($2.5 - $2.4) X 11,000 pounds

= $1,100 Favorable

This is favorable because actual price is less than Standard Price.

Direct Material Quantity Variance = (Standard Quantity - Actual Quantity) X Standard Price

Standard Quantity for Actual Output = 1,100 X 5.70 pounds per unit = 6,270 pounds

Actual Quantity used = 9,900 pounds

Standard Price = $2.50

Direct Material Quantity Variance = (6,270 - 9,900) X $2.5

= - $9,075 Unfavorable

This is unfavorable because as per standard norms only 6,270 pounds of raw material was needed to produce 1,100 units of Zoom.

Final Answer

Direct Material Price Variance = $1,100 Favorable

Direct Material Quantity Variance = - $9,075 Unfavorable

4 0

3 years ago