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3 years ago

Noncash goods and services that would otherwise have to be paid for in cash by the beneficiary is the definition of

1 answer:

7 0

These are called in kind benefits or benefits in kind. They are benefits which are given to employees or directors from their company. However, these are not included in their salary wages. They are also called perks or fringe benefits and they include things like company cars, medical insurance, and cheap loans.

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Assuming no direct factory overhead costs (i.e., inventory carry costs) and $3 million dollars in combined promotion and sales b

MakcuM [25]

Answer:

they need to limit the material and labor costs to $22.75

Explanation:

given data

combined promotion = $3 million

contribution margin ratio = 35%

Selling price = $35 per unit

to find out

what would they need to limit the material and labor costs to

solution

we get here Contribution margin per unit that is express as

Contribution margin per unit = $35 × 35%

Contribution margin per unit = $12.25 per unit

and Variable cost will be

Variable cost = $35 - $12.25

Variable cost = $22.75 per unit

and we know Variable cost is also express as

Variable cost = Direct materials costs + Direct labor costs + Direct factory overheads ..............1

here direct factory overheads is 0 and Direct materials costs + Direct labor costs is $22.75

so put in equation 1

Variable cost = $22.75 + 0 = $22.75

so we can say that they need to limit the material and labor costs to $22.75

8 0

2 years ago

At a meeting to announce a merger with another company, which of the following buzzwords is a business leader MOST likely to use

lora16 [44]

Answer: The buzzword to be used is synergy

Explanation:

Synergy means that two or more than two organisations combine their efforts. They decide to cooperate with each other so that they can produce better results compared to what they produce when they are separate.

When one company decides to merge with the other company, they decide to combine their resources. They take combined decisions so that they can work for their own betterment and to improve the productivity.

6 0

2 years ago

Green Valley Steel had sales of $1,000,000 and collections of $760,000, leaving a balance of $240,000 in accounts receivable as

enyata [817]

Answer and Explanation:

Debit bad debt expense for $40,000 and credit allowance for uncollectible accounts for $40,000

3 0

3 years ago

Read 2 more answers

The following labor standards have been established for a particular product: Standard labor hours per unit of output 4.5 hours

zaharov [31]

Answer:

4400 Unfavorable

Explanation:

Calculation to determine the labor rate variance for the month

First step is to calculate the Standard hours using this formula

Standard hours = Standard labor-hours per unit of output*Actual output

Let plug in the formula

Standard hours= 4.5*1,300 units

Standard hours= 5850

Now let calculate the Direct labor efficiency variance using this formula

Direct labor efficiency variance = (Standard hours - Actual hours)*Standard rate

Let plug in the formula

Direct labor efficiency variance= (5,850-6,100)*17.60

Direct labor efficiency variance= 4400 Unfavorable

Therefore the labor rate variance for the month is 4400 Unfavorable

8 0

2 years ago

When materials, information, and services gain value as they move from the raw-materials supplier to the end customer, they a

Gennadij [26K]

Answer:

When materials, information, and services gain value as they move from the raw-materials supplier to the end customer, they are said to be moving through ________.

A. the supply chain

B. a value-added analysis

C. business process re-engineering

D. Total Quality Management (TQM)

E. just-in-time production

Answer: A

Explanation:

A supply chain is a system between an organization and its providers to create and appropriate a particular item to the last purchaser. This system incorporates various exercises, individuals, elements, data, and assets. The supply chain additionally speaks to the means it takes to get the item or administration from its unique state to the client. Organizations create supply chains so they can diminish their expenses and stay serious in the business scene. Supply chain the board is a pivotal procedure on the grounds that an enhanced supply chain brings about lower costs and a quicker creation cycle. A supply chain includes a progression of steps required to get an item or administration to the client. The means incorporate moving and changing crude materials into completed items, shipping those items, and conveying them to the end-client. The substances associated with the supply chain incorporate makers, merchants, stockrooms, transportation organizations, appropriation focuses, and retailers.

8 0

3 years ago