When managerial accountants assign costs to the production of specific products, the costs that are easiest to assign are

1 answer:

3 0

When managerial accountants assign costs to the production of specific products, the costs that are easiest to assign are direct labor and direct materials costs.

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A large life insurance company has decided to switch from using a strong fear appeal to a humorous approach. What are the streng

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Answer:

Explanation:

A fear approach is meant to scare people and make them aware that they are only human and that bad things can happen. This would push them towards buying the insurance package. A humorous approach would focus more and a funny message of why it is important. This change would be targetting the same audience but with a completely opposite message which may not reach people the same way, especially if those individuals do not like the humor aspect of it and are not longer scared from the previous fear strategy that the company would have had.

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The BobCat Inc. reported gross sales of $100,000, sales returns and allowances of $5,000, and sales discounts of $2,000. The com

Y_Kistochka [10]

Answer:0.775 times

Explanation:

Given

Gross sales 100000

Sales returns 5000

Sales discounts 2000

Tangible assets 25000

Average total assets 120000

Calculation of assets turn over ratio

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=(100000-5000-2000)/120000

=0.775 times

Assets turnover ratio is 0.775 times

Gross sales is the sales made by the company but net sales is where the actual value of sales has happened after the rebates, allowances and discounts. Assets turn over ratio is used to measure the company's abilities to utilize its assets efficiently in generating sales income to the company.

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In applying the treasury stock method of computing diluted earnings per share, when is it appropriate to use the average market

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A repair order does have to be signed or verbally agreed on by the customer because they are agreeing to pay for the service that is completed by the repair shop. If the customer signs the paperwork agreeing that the work can be completed, they are also agreeing they will pay for the service. The customer will be held responsible of they do not pay.

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