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2 years ago

Benefits of setting objectives for a company

Business

1 answer:

In-s [12.5K]2 years ago

8 0

Answer:

Help them evaluate the business' growth

Explanation:

When they set objectives, they can look at it later on and check if they had reached their goal. So they can see how far they've reached as a business.

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Lacrue Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing o

Nataly_w [17]

Answer:

the standard amount of materials allowed for the actual output is 23,310 ounces

Explanation:

The computation of the standard amount of materials allowed for the actual output is shown below:

= Actual output × direct material

= 3,700 units × 6.3 ounces

= 23,310 ounces

hence, the standard amount of materials allowed for the actual output is 23,310 ounces

The same is relevant

3 0

3 years ago

Managerial accounting is governed by generally accepted accounting principles (gaap). a. true b. false

diamong [38]

This is a False Statement.

Generally Accepted Accounting Principles (GAAP) need not be followed by managerial accountants when preparing management reports.

Specifically, management accounting aims to

provide Information for internal Organisation managers

providing details to governmental regulating bodies

Information for shareholders, the accounts payable department, and other parties outside the company

information to shareholders, accounts payables, and other parties outside the company, as well as information to management inside the firm.

To Learn more about Management Accounting, Click the links.

brainly.com/question/21597572

brainly.com/question/18414655

#SPJ4

3 0

1 year ago

Thorkfeld Company incurred depreciation expenses of $28,900 last year. The sales were $755,000 and the addition to retained earn

blondinia [14]

Answer:

Cost of Goods Sold is = $697213.44

Explanation:

given data

depreciation expenses = $28,900

sales = $755,000

retained earnings = $10,200

paid interest = $6,200

dividends = $5,000

tax rate = 33 percent

solution

first we get here EBIT that is express as here

EBIT = Earnings for equity holders + Tax + Interest ...............1

Earnings for equity holders = Dividend Paid + retained earnings

Earnings for equity holders = $5,000 + $10,200 = $15200

here Tax is = $\frac{15200}{67}$ × 33 = 7486.56

so here EBIT = $15200 + $7486.56 + $6,200

EBIT = $28886.56

so Cost of Goods Sold is = sales - depreciation - EBIT ..................2

Cost of Goods Sold is = $755,000 - $28,900 - $28886.56

Cost of Goods Sold is = $697213.44

3 0

3 years ago

The following transactions occurred during March 2016 for the Wainwright Corporation. The company owns and operates a wholesale

Triss [41]

Answer:

1. Financing Activity : $300,000

2.Investing Activity : $10,000 and Non-cash Financing and Investing Activity : $30,000

3.Operating Activity : - $90,000

4.Operating Activity : $50,000

5.Operating Activity : -$5,000

6.Operating Activity : -$6,000

7.Operating Activity : -$70,000

8.Operating Activity : $55,000

9.Operating Activity : $1,000

Explanation:

Operating Activities involves the entity`s trading operation in ordinary course of business.

Investing Activities involves the entity`s sale or purchase of Investments.

Financing Activities involves the entity`s acquisition and sale of funds.

6 0

3 years ago

what is the surface area of a triangular prism where the base area is 25 m2 (metre square) , the base perimeter is 24 m and the

mixas84 [53]

Answer:

SA = 338m²

Explanation:

Write down given values.

A = 25m²

P = 24m

L = 12m

Solve:

SA = (2×A) + (P×L)

= (2×25) + (24×12)

= 50 + 28

SA = 338m²

7 0

2 years ago