Answer:
This can be due to the method of allocating cost.
Explanation:
In the given scenario a division in a decentralised company earned the largest amount of income from operations, yet it was the least profitable.
This can be as a result of the cost allocation method the company uses.
If the company uses a cost allocation method where cost from other division is paid for by the division with largest income. The result will be that the other divisions that generate less income will appear to be more profitable.
The remedy for this is to use activity based costing. Where cost is allocated based on the level of activity of a division.
That way divisions will only pay for cost associated with their activity
Answer
The cost of the one pound of the box is $0.974.
Explanation:
As given
Willis Rusch recently purchased a 5-pound box of treats for his dog.
The total purchase price was $4.87 .
i.e
Cost of 5- pound box = $4.87
Thus
Putting the values in the above
= $ 0.974
Therefore the cost of the one pound of the bos is $0.974.
Answer:
Dividend Paid $743
Explanation:
From retained earnings, we can work out dividend paid
Retained earnings beginning $460
Net income for the year $993
Retained earnings-closing ($710)
Divided paid $743
Answer:
Constraint
Explanation:
The meaning of a constraint is a guideline which has a place with recommended limits and there are four primary sorts of imperatives which are the money saving advantage relationship, materiality, industry practices, and conservatism, and these requirements are likewise bookkeeping rules which fringe the chain of importance of subjective
Answer:
3. Most top managers at family firms tend to stay in their positions much longer than those at nonfamily firms.
Explanation:
A key success factors in family firms is understanding the culture. This is usually the foundation of the business.
So when family members occupy a position, they tend to stay on much longer because they have intimate knowledge of the business and the goals and objectives are personal to them.
Also loyalty tends to play a part, family members have close relationships which are long-term.
