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4 years ago

The vital function of _____ involves transforming data into useful information for decision makers.

1 answer:

4 0

The answer is : information technology department

to fulfill its duty, information technology deportment usually develop a system for transforming the data that they acquired into useful informations regarding company's financial condition, product marketing, future projection , etc, which will be used by those in executive positions

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RSTN Co. produces its product through two sequential processing departments. Direct materials and conversion are added to the pr

hoa [83]

Answer:

RSTN Co.

The number of equivalent units of production for October are:

Materials Conversion

Equivalent units of production 140,000 157,000

Explanation:

a) Data and Calculations

Units Materials Conversion

Beginning work in process 30,000 100% 30%

Units started and completed 120,000 100% 100%

Ending work in process 20,000 100% 80%

Equivalent units using FIFO method:

Units Materials Conversion

Beginning work in process 30,000 0 (0%) 21,000 (70%)

Units started and completed 120,000 120,000 (100%) 120,000 (100%)

Ending work in process 20,000 20,000 (100%) 16,000 (80%)

Equivalent units of production 140,000 157,000

7 0

3 years ago

Co-workers in the sales department of a company work closely together. these members of the sales department together make up a

Elza [17]

In sociology, these sales workers would be classified as a secondary group.

A secondary group is a group of people whose relationships with one another is impersonal and goal oriented. The group is usually temporary compared to primary group, which is a small social group whose members share personal relationships with one another. Some examples of primary groups are friends and family.

7 0

4 years ago

Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

krek1111 [17]

Answer:

$61

Explanation:

The computation of unit product cost for the month under absorption costing is shown below:-

Unit product cost = Direct material + Direct labor + Variable Manufacturing overhead + Fixed manufacturing cost

= $18 + $10 + $4 + ($255,200 ÷ 8,800)

= $61

Therefore for computing the unit product cost for the month under absorption costing we simply applied the above formula.

4 0

4 years ago

According to the text, the typical difference between "quality circles" and "continuous improvement teams" is: quality circles w

strojnjashka [21]

Im bad at geometry sry

3 0

3 years ago

A company has the following ratios:

Illusion [34]

Answer:

The company has current ratio almost half than the industry average. This is an indication that the company has lesser current assets than industry average. The ability of the company to meet its short term obligations is not suitable as the other companies in the industry are maintaining double current ratio. The ratio should never go below 1 as if it does the company may face its operational financing and working capital management issues.

The debt to equity ratio is significantly higher than the other companies of the same industry. The industry average is 4 whereas the company has ratio 20. This is significantly higher which indicates that there is heavy burden of debt on the company. High debt/ equity ratio indicates high risks. Investors avoid investing in such companies which have high debt/ equity ratio.

Explanation:

The company can go for equity financing as it will also help reduce its debt / equity ratio. The company will become less riskier and financing will be divided in debt and equity. The debt burden on assets will be reduced. There can be reduction in certain debt covenants. The company can use equity financing to fund its operations as well as purchase of non current assets to increase production and ultimately profitability of the company could rise.

8 0

3 years ago