Answer:
In this meeting, top managers of one world are <em>doing strategic planning.</em>
Explanation:
In the field of business management, strategic planning can be described as organizational planning in which priorities are discussed, goals are set, operations are strengthened, agreements are made on common goals and agendas and assessment of the different works of the organization are made.
As in the scenario depicted above, the upper-level managers had a meeting with the CEO to discuss future plans and make an assessment of the current works, hence we can say that strategic planning was being done in the meeting.
Based on the direct materials cost and the predetermined overhead rate, Lowden company should apply an oevrhead cost of $128,000.
<h3>How much overhead should be applied?</h3>
This can be found as:
= Direct materials x Predetermined overhead rate
Solving gives:
= 80,000 x 160%
= $128,000
In conclusion, the overhead cost to be applied is $128,000.
Find out more on predetermined overhead rates at brainly.com/question/26372929.
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Answer:
Yes because it will always coast more
Explanation:
My Dad teach me about that hope this help.
Answer:
Net profit will be reduced by $5,700
Explanation:
The computation of financial advantage (disadvantage) is shown below:-
Gain from selling at the split-off point = Sold split-off point × Total units
= $11 × 2,300
= $25,300
Gain from Processing further = Sold units × Total units - Processing cost
= $13 × 2,300 - $10,300
= $29,900 - $10,300
= $19,600
Decrease in overall profit = Gain from selling at the split-off point - Gain from Processing further
= $25,300 - $19,600
= $5,700
Therefore, if commodity QI is further processed and sold, then net profit will be reduced by $5,700
Answer:
c.Payment of freight costs for goods shipped to a customer
Explanation:
In the inventory account management using the perpetual system, whenever there is an event that may result in a change in the carrying value of inventory, the quantity of the change is immediately determined and adjusting entries are posted.
Examples of such events include purchase of merchandise inventory, return of merchandise inventory to the supplier, .Payment of freight costs for goods received from a supplier (this forms part of the cost of inventory).
From the options given, the only entry that will not result in an adjustment to inventory is c.Payment of freight costs for goods shipped to a customer. This will form part of the selling and distribution cost under operating expenses.
