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mixer [17]
3 years ago
15

A vertical analysis calculates percentages to compare the parts of an individual statement to the whole. For example, on an inco

me statement, each item could be shown as a percentage of net sales.1. True2. False
Business
1 answer:
vichka [17]3 years ago
7 0

Answer:

1. True

Explanation:

Vertical analysis the the percentage calculation of each item of Income statement with Gross revenue. We calculate the percentage of Gross margin which is the percent of Gross income and gross sales. Just like this the COGS to sales, Net income margin, operating income margin and operating expenses to sales ratio are calculated in vertical analysis to check the sensitivity of each part of the income to the gross income.

Ye it is true that A vertical analysis calculates percentages to compare the parts of an individual statement to the whole. For example, on an income statement, each item could be shown as a percentage of net sales.

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Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the be
dolphi86 [110]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Machine-hours required to support estimated production 157,000 Fixed manufacturing overhead cost $ 658,000

Variable manufacturing overhead cost per machine hour $4.50

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (658,000/157,000) + 4.5

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Direct materials= $350

Direct labor cost= $240

Machine-hours used= 31

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 8.69*31= $269.39

Job 400:

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First, we need to calculate the total cost:

Total cost= 350 + 240 + 269.39

Total cost= $859.39

Unitary cost= 859.39/50= $17.188 per unit

7 0
3 years ago
Abby's Designer Wear is a large boutique of designer clothes. Over the past year, the business slowed down, and the boutique sta
Luden [163]

Answer:

<em>Participative leadership</em>

Explanation:

Participatory leadership is an organizational aesthetic that encourages employee input into all or most business decisions.

Employees are given relevant information about company issues, as well as the course of action the company will take is determined by a majority vote.

5 0
3 years ago
Companies generate income from their "regular" operations and from things like interest on securities they hold, which is called
Gekata [30.6K]

Answer:

$1,500

Explanation:

Given that,

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Here, the interest rate and taxes were ignored as we want to determine the operating income or earnings before interest and taxes. Interest on bonds is a non operating income.

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MrRissso [65]
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3 years ago
Because investors are often unwilling to buy stock in a company without any
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B) going public

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