Answer,:
increase in operating income by $840,000
Explanation:
The computation is shown below:
Offer price per unit $60
Less: Variable costs per unit:
Direct materials ($20)
Direct labor ($14)
Variable overhead ($12)
Variable selling $0
Incremental profit per unit (a) $14
Units offered to sell (b) 60,000
Effect on Operating Income (Increase) (a × b) $840,000
Therefore, in the case when the special order is accepted, the effect on operating income would be increase by $840,000
An information system for a building company that tracks construction costs for various projects across the United States would be categorized as a type of GDSS.
Group Decision Support System is referred to as GDSS. It is a system that aids in decision-making and has been set up and structured in such a way that group members can engage with one another to reach a particular conclusion.
A formal, sociotechnical, organizational structure called an information system (IS) is created to gather, process, store, and distribute information. Information systems are made up of four elements from a sociotechnical standpoint: the task, the people, the structure (or roles), and the technology.
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Answer:
$357 Unfavorable
Explanation:
Fixed manufacturing overhead volume variance identifies the amount by which actual production differs from budgeted production.
<em>Fixed manufacturing overhead volume variance = Actual Output at Budgeted rate - Budgeted Fixed Overheads</em>
= (5,230 × $5.10) - ($5.10 × 5,300)
= $26,673 - $27,030
= $357 Unfavorable
Answer:
The Beacon Roofing's book balance should be adjusted by a total of $43,977
Explanation:
For computing the right amount of book balance, the following adjustments are required which is shown below:
1. Bank Balance = $43,267
2. Less - Bank service charge = - $80
3. Add: Notes collection = $790
So, the adjusted book balance equals to
= Bank balance - Bank service charge + notes collection
= $43,267 - $80 + $790
= $43,977
The notes collection is an income so it is added whereas the bank service charge is an expense so it would be deducted.
Hence, the Beacon Roofing's book balance should be adjusted by a total of $43,977
Answer:
Controlling.
Explanation:
Controlling is the process of measuring and correcting activities (plans, organization, personnel etc.) of an organization. Can be considered as the activity for knowing and correcting important changes in the activities that are planned because determines what is being tackled by evaluating the performance and if there is a deviation, by applying corrective measures so that the activities take place according to plans.
Planning is related to controlling. The failure of planning would mean failure in controlling and the success of planning means success of controlling.
Controlling alerts the manager to potentially critical problems:
* Top Management – when goals are not met.
* Middle and Lower Management – when the objectives are not met.
Managers can use the following: Prevent crises, Standardized outputs, Appraise employees performance, Update plans, Protect an organization’s asset