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3 years ago

For decision-making purposes, qualitative factors are relevant if they differ among the alternatives and relate to the future.

Business

1 answer:

Flura [38]3 years ago

5 0

Answer:

A: True

Explanation:

Yes, off-course qualitative factors are most relevant if there is a difference among the alternatives they can have a long-term impact on the quality of the product as well as the profitability of the company and it may improve the morale of the employees also. So you must consider them. Qualitative factors must be weighed before initiating any type of decision regarding the company.

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On October 1, Company B records 1 year of prepaid rent in an income statement account then adjusts for the unexpired prepaid ren

trasher [3.6K]

Answer:

The first journal entry was not the most appropriate, but since the mistake was correctly adjusted at the end of the year, both assets and expenses will be the same whether they did it correctly the first time or they had to adjust a mistake at the end of the year.

E.g. something like this happened

October 1, rent expense for 1 year

Dr Rent expense 12,000

Cr Cash 12,000

December 31, adjustment to rent expense

Dr Prepaid rent 10,000

Cr Rent expense 10,000

they should have recorded it as:

October 1, prepaid rent for 1 year

Dr Prepaid rent 12,000

Cr Cash 12,000

December 31, adjustment to rent expense

Dr Rent expense 2,000

Cr Prepaid rent 2,000

Whichever way you recorded the transactions, the balances a the end of the year would be:

prepaid rent (asset) $10,000

rent expense (expense) $2,000

6 0

3 years ago

Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made fro

12345 [234]

Answer:

Part 1.

Plantwide overhead rate for Laval using direct labor hours as a base. is $1.60 per Direct Labor Hour

Part 2.

Total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate is $78.76

Part 3. Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.

Fabricating Assembly

Overheads (R) 390000 410000

Department Cost Driver 152000 290000

Overhead Rate 2.57 1.41

Therefore Overhead Rates are :

Fabricating Department $ 2.57 per Machine Hour

Assembly Department $1.41 per Labor Hour

Part 4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.

Direct materials ($270000/21000) 12.86

Direct labor:

Fabricating department(6500/21000×$29) 8.98

Assembly department(15200/21000×$26) 18.82

Overheads:

Fabricating department(152000/21000×$2.57) 18.60

Assembly department (290000/21000×$1.41) 19.47

Total manufacturing cost per unit 78.73

Explanation:

Part 1. Plantwide overhead rate for Laval using direct labor hours as a base.

Overhead Rate = Total Overheads/Total Direct Labor Hours

= $1.60 per Direct Labor Hour

Fabricating Assembly Total

Overheads (R) 390000 410000 800000

Direct Labor Hrs 210000 290000 500000

Overhead Rate 1.60

Part 2. Total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate

Direct materials ($270000/21000) 12.86

Direct labor:

Fabricating department(6500/21000×$29) 8.98

Assembly department(15200/21000×$26) 18.82

Overheads:

Fabricating department(210000/21000×$1.60) 16.00

Assembly department (290000/21000×$1.60) 22.10

Total manufacturing cost per unit 78.76

Part 3. Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.

Part 4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.

8 0

3 years ago

Accenture's Security practice makes use of a number of accelerators when building solutions for our clients. What is the purpose

Vilka [71]

Answer:

To deploy and integrate security features in a shorter period of time

Explanation:

Given that accelerator in cybersecurity is a means of enhancing the implementation and information of security measures in a very faster way.

Therefore, the purpose of Accenture's Security practice of using several accelerators when building solutions for their clients is "to deploy and integrate security features in a shorter period of time."

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2 years ago

After+a+student+synthesized+an+organic+compound,+she+calculated+her+reaction+yield+to+be+101%. +which+of+the+following+is+not+a+

torisob [31]

Gurl I am new here too so anything that you learned plz share I am in imitate help

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2 years ago

You own 100 shares of Troll Brothers' stock, which currently sells for $120 a share. The company is about to declare a 2-for-1 s

SSSSS [86.1K]

Answer:

You will have 200 shares of stock, and the stock will trade at or near $60 a share.

Explanation:

When a company declares a 2-for-1 stock split, its shares' value is cut by half, while the number of stocks of each share holder doubles.

If, before the split, the stock had a value of $120 per share, after the stock split it will sell for close to $60 a share.

If you previously had a position of 100 shares of Troll Brothers' stock, after the 2-for-1 split you will have 200 shares.

Therefore, you will have 200 shares of stock, and the stock will trade at or near $60 a share.

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3 years ago