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Ganezh [65]
3 years ago
14

Any attempt to verify outcomes and compare them standards can be considered a(an) _______activity, althoughmany smaller firms do

not use this word
a. ethical
b. auditing
c. formal
d. informal e)accounting
Business
1 answer:
otez555 [7]3 years ago
3 0
B. auditing is your word
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You are faced with the following alternative choices on Saturday afternoon. You can only do one of these activities. None of the
garri49 [273]

Answer:

Missing out on the benefits I get from working out using exercise equipment in my garage.

Explanation:

When an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice. The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative is chosen." Since Choice B is the next best choice to hiking, missing out on the benefits of working out will be my opportunity cost.

3 0
3 years ago
Koebel Corp uses a job order costing system with manufacturing overhead applied to products on the basis of direct labor hours.
Lynna [10]

Answer: See explanation

Explanation:

a. Calculate the predetermined overhead rate Overhead Rate per hour

Predetermined Overhead rate will be the estimated total manufacturing overhead divided by the estimated total direct labor hours. This will be:

= $ 921,600/51,200

= $ 18

(b) Calculate how much manufacturing overhead will be applied to production

Manufacturing overhead that'll be applied to production will be the predetermined overhead rate multiplied by the actual total direct labor hours. This will be:

= $ 18 × 48,900 direct labor hours

= $ 880,200

(c) Is overhead over- or underapplied? By how much?

The Actual Overhead Incurred = $902,900 while the manufacturing overhead applied = $880,200. This shows that overhead is underapplied due to the fact that manufacturing overhead applied is less than the actual overhead that is incurred.

Therefore, the amount of overhead that was underapplied will be:

= $ 902,900 - $ 880,200

= $ 22,700

(d) What account should be adjusted for over-or underapplied overhead? Should the balance be increased or decreased?

Based on the scenario in the question and the answers calculated, the cost of goods sold should be increased.

4 0
3 years ago
Andrews Corp. ended the year carrying $33,836,000 worth of inventory. Had they sold their entire inventory at their current pric
mamaluj [8]

Answer:

Revenue could be of amount $33,836,000

Explanation:

As the selling price is not given in the question, only the cost of the inventory is given, So,

We assume that the Sales quantity is X and the Selling Price per unit be Y

Then,

Sales = X × Y                              ............... Equation (1)

Less : COSG = $33,836,000     ................ Equation (2)

Net Income = 1 - 2

If the selling price is equal to the cost of the inventory which is $33,836,000. So, the only revenue which is to be added is the amount of $33,836,000.

Note: It totally depend or grounded on the Sales value.

6 0
3 years ago
a company had net revenues of $1,800,000 and total expenses of $800,000, not including income taxes. it paid $300,000 in dividen
Gnesinka [82]

The company's total expenses, excluding income taxes, were $800,000, with net revenues of $1,800,000. It distributed dividends of $300,000. and it has a net income of $1,000,000 before taxes.

Net revenues = $1,800,000

Less: Total expense = $800,000

Net income before tax = $1,000,000

A dividend is a payment made by a company to its shareholders out of its profits. When a business generates a profit or surplus, it can distribute a portion of that profit to shareholders in the form of a dividend. Any unused funds are retained and reinvested back into the company. Both the profit from the current year and the retained earnings from prior years are available for distribution; a corporation is typically not allowed to pay a dividend out of its capital.

The amount that is distributed to shareholders may be paid in cash (typically a deposit into a bank account) or, if the company has a dividend reinvestment plan, it may be paid by the issuance of additional shares or the repurchase of shares.

To learn more about Dividends visit here:

brainly.com/question/28044310

#SPJ4

8 0
1 year ago
As blogs and celebrity testimonials have proliferated across the media landscape, so have efforts by businesses and manufacturer
alexira [117]

Answer:

Over the last few years the blogging is utilized as an incredible internet based life instrument to affect business and related financial matters. In many nations organizations that exist take the assistance of a few or the other type of online life, as a result of its regularly growing job in making positive brain research for the clients. Subsequently empowering better deals and surveys for the organization.  

Bloggers will in general big affect buy choices by regular open which normally will in general partner this as an indication of pre-dominance of the item or brand where they put the resources.  

Morally, the most concerning issue in big names and bloggers drawing in themselves in paid audits or tributes is that they themselves will in general have practically no information on the contribution and individuals purchase this simply out of the way that their preferred blogger has bought a thing and can be trusted upon  

The greatest case of this in the ongoing occasions is the Festival which was facilitated by a youthful business visionary and wound up being a calamity in which individuals lost a huge number of dollars. Models for this was employed for advancements which surely looked obviously superior to the last item which the clients wound up in buying.  

This features the very substance of moral issues related with monetary understandings for paid audits and tributes that as a rule big names or bloggers simply work for the cash they get without irritating a lot about the net consequence of such a course of action. Without having appropriate understanding about the item or administration being offered, they aimlessly offer the item to shoppers who don't will in general know this plan.  

Through this methodology, the organizations will in general influence consideration on explicit items for the end buyer and put abusing bloggers under control.  

7 0
3 years ago
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