Answer:
0.15
Explanation:
The computation of the degree of economies of scope in this case is given below:
(cost of producing basketballs + cost of producing soccer balls - annual cost of production) ÷ annual cost of production
= ($70,000 + $45,000 - $100,000) ÷ $100,000
= 0.15
Answer:
The correct answer is C: $4,250
Explanation:
Giving the following information:
Product A:
January 1: 150 units costing $21 each.
Purchases:
200 units at $22.18
250 units $23.28
100 units $24
January 31, 2014: 200 units of product A on hand.
Inventory method: LIFO (last-in, first-out):
Inventory cost= 150*21 + 50*22.18= $4,259
Rounding to 4250
Answer:
Letter c is correct. <u>Management Science.</u>
Explanation:
The correct alternative corresponds to the theory of management science.
This theory can be considered a contemporary management approach, whose central objective is to use several scientific methods to assist the company in reaching its objectives and goals.
That is, there is the use of a study of solutions of problems and techniques so that the use of resources and the decision-making process are potentialized for the production of a good or service.
This approach is often used in human organizations, as there are strong links in its implementation with the economy, management, management consulting, engineering, and others.
Answer:
Yes, it is permissible to violate generally accepted accounting principles when preparing reports used by company management.
Explanation:
GAAP stands for 'Generally Accepted Accounting Principles'. It is a group of standards which are agreed by policy boards and are the ways that are commonly accepted to record and report accounting information.
It majorly aims to improve the clarity and consistency of financial information.
When there is any other method which is more beneficial for the user for presentation of information, then it is permitted that GAAP can be violated for preparing reports used by company.
If you have an awesome choice that says inflation... then that is your answer.
