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Brilliant_brown [7]
3 years ago
5

The total manufacturing cost variance is Group of answer choices none of the answers are correct the difference between planned

costs and standard costs for units produced the difference between actual costs and standard costs for units produced the flexible budget variance plus the time variance
Business
1 answer:
EastWind [94]3 years ago
3 0

Answer:

The correct answer is the third option: the difference between actual costs and standard costs for units produced.

Explanation:

To begin with, the total manufacturing costs variance is the concept known in the field of business and that is comprehended in the accounting field that involves and cosists of direct materialsl costs variance, direct labor costs variance and factory overhead costs variance. And therefore that it implicates the  difference between what actually all that variables end up costing and what the company thought that it will cost regarding their standards given.

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Recall the components of internal control. identify the internal control weakness in this​ situation, and propose a way to corre
ale4655 [162]

Answer:

The internal control weakness includes:

1. The credit department receives incoming cash from the customers.

2. A credit department can pocket cash received from a customer and copies all remittance slips for the controller, then destroy the remittance slip.

3. The credit department can then write off customer's account as uncollectible, and the company will stop pursuing collection from the customers

Explanation:

To begin, it is important to understand the concept of Internal Control. Internal control can be generally understood as the procedures determined to ensure organization's objectives in efficiency and effectiveness, reliable financial reporting and compliance with existing organization's rules and regulations.

Hence, internal control is meant to strengthen the achievement of an organization's objectives. Thus, we have seen a number of weaknesses from the scenarios painted above. It must be stated that the weaknesses stem from the fact that the company receives incoming cash receipt from customers.

To avoid and prevent this, a company should have a cash go to a clocked box at the bank. With this, the weaknesses emanating from physical cash handling by the credit department will be eliminated.

Taking a critical look at the internal control procedures, it'll be observed that the policies adopted on cash receipt is one not generally in tune with best practices. Hence, to strengthen the control, a cash go to a clock box at the bank should be created to facilitate and encourage customers' deposits in the banks. Doing this will ensure the department rids of weaknesses emanating from this cash treatment, and point number 2 and 3 as stated above can be easily resolved.

6 0
3 years ago
Which of these is not a primary concern of socially responsible consumers?
Klio2033 [76]
C i belive im pretty sure sure.
8 0
3 years ago
Read 2 more answers
______ indicators can be traced after the product has been launched to view if it meets product goals and user requirements.
Keith_Richards [23]

Answer: Success metrics

Explanation:

The indicators that can be traced after the product has been launched to view if it meets product goals and user requirements are referred to as the success metrics.

Success metric indicators are used toesure success based on a predetermined target. They are simply the scorecard of a company's marketing program.

6 0
3 years ago
Darin had an automobile accident in which his brother and another passenger were killed. Even though Darin was driving, he survi
Sergio039 [100]

Answer:

D. repression

Explanation:

According to my research on the different neurological defense mechanisms experienced by people who are victims of traumatic experiences, I can say that Darin's inability to recall the accident best illustrates the defense mechanism of repression. This term is defined as<u><em> the psychological attempt of   removing the traumatic memories within your consciousness and placing/holding them within your subconsciousness.</em></u>

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
Estimate the nonvalue-added cost for each situation. a. A manual insertion process takes 30 minutes and 8 pounds of material to
Viktor [21]

Answer:

Estimation of the non-value-added Cost:

a) Cost of automating the insertion process:

Machine time cost = 15/60 x $8 = $2

Material cost = 7.5 x $10 = $75

Total automation cost = $77

b) Cost of redesigning the gear:

Cost per setup hour = $50 x25% = $12.50

c) Movement cost:

Cost for movement = $20 x 6 = $120

d) Inspection cost:

Cost of inspection = 16,000 x $12 = $192,000

Explanation:

Non-Value Added activities, according to goleansixsigma.com, "are the process steps that do not meet one or more of the following criteria: 1) The step transforms the item toward completion (something changes).  2) The step is done right the first time (not a rework step).  3) The customer cares (or would pay) for the step to be done."

A non-value-added cost is a production expense that does not increase the amount customers are willing to pay for the finished product.  Examples are inspection cost, movement cost, and automation cost.

6 0
3 years ago
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