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Allushta [10]
3 years ago
7

The management accountant at Technology Innovators determined $500,000 is the organization's earning goal to accommodate the org

anizational plan during the first quarter during a new year. The accountant realizes that to achieve the new earning goal, the operations manager needs to increase the price of technology parts charged to a consumer to $250.00 per unit. The manager is scheduling a new staff meeting to determine if they need to increase the marketing efforts at the firm, or if they need to design a new part that uses materials that are less expensive to produce.
Business
1 answer:
Margaret [11]3 years ago
3 0

Question:

Which of the following management responsibilities is the managerial accountant using in this example?

Answer:

Planning, which includes setting goals and objectives for the organization as well as determining how to accomplish those goals.

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Sandhill Construction Co. has consistently used the percentage-of-completion method of recognizing revenue. During 2021, Sandhil
mariarad [96]

Answer:

B. $5,940,000

Explanation:

2022

Estimated total cost at completion ×Percentage of completion

$19,200,000 ×45%

=$19,200,000×0.45

=$ 8,640,000

2021

Estimated total cost at completion ×Percentage of completion

$18,000,000 ×15%

=$18,000,000×0.15

=$ 2,700,000

Therefore :

$8,640,000 - $2,700,000= $5,940,000 which is the contract cost incurred in 2022

6 0
4 years ago
During a recession, if a government uses an expansionary fiscal policy to increase GDP, the:
Artemon [7]

Answer:

The correct answer is option D.

Explanation:

Expansionary fiscal policy is used to boost economic activities. It is used in case of a recession in the economy. The main tools of expansionary fiscal policy are an increase in government spending and a decrease in taxes.  

Both of these will cause an increase in disposable income. This will further lead to an increase in the aggregate demand, causing a rightward shift in the aggregate demand curve.

6 0
3 years ago
What are a firm's key assets?
I am Lyosha [343]

Key assets represent knowledge that your business has that is critical to the operation of your business. ... Basically, anything about your business that is essential to its core operation would be considered a knowledge asset.

5 0
3 years ago
Read 2 more answers
A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allie
Neko [114]

Answer:

A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allies, and participating in international organizations such as the United Nations is following a _____.

c. multilateralism grand strategy

Explanation:

The emphasis placed on relationships between other countries is dictated by a country's preferred objectives.  If the country encourages international relationships and cooperation with others, it is engaged in multilateralism.  This refers to an alliance of multiple countries pursuing a common goal, like the United Nations.  The opposite of this diplomatic strategy is called unilateralism.  This implies that the country chooses to go it alone without seekings the cooperation of others.  An example is when one country launches a military attack on another without seeking for the help or approval of other friendly countries.

6 0
3 years ago
Hubbard Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-
Ghella [55]

Answer:

Instructios are listed below.

Explanation:

Giving the following information:

Hubbard Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During January, the kennel budgeted for 2,100 tenant-days, but its actual level of activity was 2,060 tenant-days.

Wages and salaries:

Fixed= $ 2,300

Variable=  $ 7.20

Estimated Wages and Salaries= 2,300 + 7.2*2,100= $17,420

3 0
4 years ago
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