The answer to this is none of the above. Small lean mean agencies which operate on low overheads and do quality work by hiring experts on job basis are not in the choices. They are not regarded as hot, advertising, or cold shops.
Answer:
OPTIMUS COMPANY
Home Division Responsibility Report For the Year Ended December 31, 2020
The report is attached in form of a variance report with comments. Where the variance is not indicated, it means that it was neither favorable nor unfavorable.
Explanation:
A responsibility report is usually presented by a division that is an investment center. An investment center has responsibility for return on investments.
The investment center takes charge of the cost, revenue, profit, and investments of the division. It is expected to produce returns on its investment that will be favorable to the shareholders of the company. It is directly responsible for profitability of the division vis-a-vis the capital investments made in the center. It is unlike other divisions like cost center, revenue center, and profit center, which narrowly report their performances in accordance with their responsibilities.
This is why it does not only report on the cost, but also the revenue, the profit and the returns on investment achieved during a period. An investment center is, therefore, the largest division of an entity.
The two primary factors affecting an entrepreneur choice of legal ownership for a venture are TAXES AND LEGAL LIABILITY.
The type of business that an entrepreneur establish will determine the type and the amount of tax that it will be required to pay. The legal liability of the entrepreneur determines the extent to which he can be liable in case he finds himself in a financial mess. The entrepreneur should try and minimize the impacts of these two factors.
Answer and Explanation:
The computation of the unit cost of goods manufactured is shown below:
<u>Particulars variable costing absorption costing</u>
variable cost of $108 $108
goods manufactured ($1,620,000 ÷ 15,000)
Fixed manufacturing
cost $14
($210,000 ÷ 15,000)
unit cost of goods
manufactured $108 $122
Quotations, Random Lists, Over-used clichés, Limit your use of the word “passion”, And Stilted vocabulary.
