Answer:
ABC Limited
The role of the management accountant in setting the price of a new product is to gather sufficient information especially cost data and competitor's prices. The management accountant ensures that accurate computations are made to enable a proper price to be set.
Explanation:
a) Data and Calculations:
Variable Costs:
Manufacturing $75,000
Sales Commission $15,000
Total Variable Cost $90,000
Fixed Cost
Allocated Manufacturing $25,000
Total Fixed Cost $25,000
Total
Cost $115,000
Units of production = 10,000
Unit cost = $11.50
Management decided that the required markup is 40%
Selling price = $16.10 ($11.50 * 1.4)
Answer:
social consensus
Explanation:
Social consensus determined how much agreement should be there due to which the act i.e. proposed should become non-ethical. Also it represent the dimension of the social pressure that should be applied for gauge the moral intensity
So as per the given situation, the above should be the answer and the same should be considered
Answer:
My Business- Fashion Designing
My Gain- Daily profit generation, Job Satisfaction, Improvement of my business skill.
Community Gain- Access to well-designed dresses, Training for youths who wish to gain the skill
Country Gain- Employment of citizens, Contribution to the gross domestic product
Explanation:
In my business as a Fashion Designer, I benefit from the fact that I can make money for myself doing what I love. The business also affords me the opportunity to improve my business skill. For instance, good marketing helps me reach a wider audience.
The community I live in benefits from my service because they can always come to design their dresses in whatever styles they desire. Youths and others who wish to gain some skill can also register at an affordable price.
The country I reside in also benefits from the revenue generated from the business because it contributes to its gross domestic product. The citizens are also gainfully employed through the business.
Answer:
the decrease in the savings is $600 billion
Explanation:
The computation of the decrease in the savings is shown below;
The difference in the income is
= $11,000 billion - $10,000 billion
= $1,000 billion
Now the decrease in the savings is
= 0.60 × $1,000 billion
= $600 billion
Hence the decrease in the savings is $600 billion
The same is to be considered and relevant
<u>Solution and Explanation:</u>
<u>From Operating activities</u>
Net income 36452
Add: Decrease in inventory 15552
Less: Increase in accounts receivable 389
Less: Decrease in accounts payable 4989
From Operating activities 46626
<u>From Investing actvities</u>
Land purchased -36389
Delivery truck purchased -9989
From Investing actvities -46378
<u>From FInancing activites</u>
Add: Stock issued for cash 40452
From FInancing activites 40452
Net change in cash 40700
Opening cash balance 30000
Clsoing cash balance 70700
