Answer:
Role of Money in Each Part of the Story:
1. Tim can easily determine that the price of the computer is more than the price of the vacation = Unit of Account
2. Tim has $1,537 in his checking account = Store of value
3. Tim writes a check for $1,299= Medium of Exchange
Explanation:
Money is countable and can be used to value exchanges and calculate profits and losses, income and expenses, and debts and wealth. It can also be stored currently, retrieved at a later date, and exchanged for value in the future without significant loss of value. Money facilitates transactions between parties.
Answer:
$585,000
Explanation:
Given that
Prime costs = $960,000
Conversion costs = $980,000.
Overhead costs = 150% of direct labor costs.
As we know that
Prime costs = Direct material cost + Direct labor cost
So,
Direct material cost + Direct labor cost = $960,000
And,
Conversion costs = Direct labor cost + Manufacturing overhead.
$980,000 = Direct labor cost + 150% of direct labor.
2.5 direct labor cost = $980,000
Direct labor cost = $980,000 ÷ 2.5
= $392,000
So,
Manufacturing overhead is
= $392,000 × 150%
= $585,000
Answer: (A) Computer service expenses of production scheduling for operating departments
Explanation:
The computer services expenses of the production scheduling is one of the type of indirect expenses and also the type of service department expenses type in the operating department.
The indirect expenses is one of the type of expenses that cannot be directly contribute with the cost object or services in the business department expenses.
According to the given question, the computer service expenses is one of the allocation basis that is used as the indirect expenses in an organization or firm and the indirect expenses are categorized into two main parts that is:
1) Fixed
2) Recurring
Therefore Option (A) is correct answer.
Planning, organizing,leading, and controlling
There are a lot of firms. Organizational buyers is the type of organization that Nour run.
<h3>What is Organizational buyers?</h3>
Organizational buyers are known to be people or firm that often buy direct from the manufacturers of products as at the time when the products are complex and said to be expensive pieces of equipment that needs custom design and installation.
Note that the organizational buyer often purchases in a lot of large volumes of goods to sell to others.
Learn more about Organizational buyers from
brainly.com/question/536509