According to Peter G. Keen, a benefit of a decision support system is that it helps in making better decisions.
A decision support system simply means a computerized program that is used for supporting judgments in an organization. It's used for decision-making.
According to Peter G. Keen, a decision support system is also vital as it helps in increasing communication and saves costs. It also aids new insights and learning.
Read related link on:
brainly.com/question/25592766
Answer:
The correct answer is B. $14,500
Explanation:
According to the accounting concept, the machines cost includes all those cost which is related to the machine like - purchase cost of machine, installation cost of machine, insurance cost,etc.
So,
Total cost of machine = Purchase cost of machine + installation cost of machine + insurance cost
= $10,000 + $4,000 + $500
= $14,500
Hence, the total machine cost is $14,500 which is to be recorded in the financial statements.
Thus, the correct answer is B. $14,500
Answer:
The correct answer is the option A: Cell
Explanation:
To begin with, the name of "Cellular Manufacturing" is known in the business field for being one type of manufacturing process that can be selected among others in order to use it as the method of excellence to produce the good that the company wants to sell. Moreover, this type of process is characterized by the fact that the process involves a number of various machines that do a task in particular, called cells, that can easily change that task in order to do another one that the manufacturer will need so that implicates that this type of method is very helpfull in those companies who develop products that are intended to be changed continuously.
Answer:
1)
cost of making (14000*22) = 308000
cost of buying (14000*(18+6)) = 336000
Difference cost = 28000
2)
No, Since, there is not other use of fixed cost, therefore, fixed cost will be a part of cost of buying.
3-a)
cost of making (14000*22) = 308000
cost of buying (14000*18) = 252000
3-b)
Yes, Since, there is other use of fixed cost, therefore, fixed cost will not be a part of cost of buying.