Tang Company accumulates the following data concerning raw materials in making its finished product: (1) Price per pound of raw
materials—net purchase price $3.00, freight-in $0.50, and receiving and handling $0.20. (2) Quantity per gallon of finished product—required materials 3.50 pounds, allowance for waste and spoilage 0.80 pounds. Compute the following. (Round answers to 2 decimal places, e.g. 1.25.) (a) Standard direct materials price per pound of raw materials. $enter a dollar amount rounded to 2 decimal places (b) Standard direct materials quantity per gallon. enter an amount of pounds rounded to 2 decimal places pounds (c) Total standard materials cost per gallon. $enter a dollar amount rounded to 2 decimal places
The fact that German firms were nationalized has often been regarded as mere happenstance; meaning it just occurred based on the circumstances they were in immediately after World War II.
It thus encompasses several factors such as the cost of operations, changes in government, etc, not just one factor.
Compensation management is the act of distributing some type of monetary value to an employee for their work by means of the company's policy or procedures. ... Reward management consists of analysing and controlling employee remuneration, compensation and all of the other benefits for the employees
When the Federal Reserve or a any private bank buys government securities from another private company or investor, they "create" money in the same way as a loan creates money.
Therefore, when the commercial bank bought government securities worth $50,000 from a private securities dealer, the money supply increased by $50,000.
It is the method of purchasing , requisitioning , accounting or paying for any services or goods .
It is the set of activities , which are needed firstly , to detect the need , to assign the supplier , approve it , acknowledge the receipt and at last payment to the supplier .
Hence , the correct term for the given statement is B. procure-to-pay cycle .
