Answer:
<u>True</u>
Explanation:
The proportionality principle encourages for <em>balance or fairness. </em>Therefore, in its policy creation, the security levels, costs, practices, and procedures of a company <u>should be appropriate and proportionate to the degree of reliance on the system and the value of the data.</u>
For instance, you would not expect the security level of a company concerning its customers contact information to be the same with the company's operating address, because the latter is less sensitive.
Answer:
$124,700
Explanation:
Indirect labor budgeted is $57,000
Factory supervision is $65,000
The normal capacity is 142,500
Direct labor 145,000
Therefore the flexible budget can be calculated as follows
= 57,000+65,000/142,500
= 122,000/142,500
= 0.86
0.86×145,000
= 124,700
Hence the flexible budget is $124,700
The answer is b hope this helps :) :) :)
Answer:
d. All of the above are true
Explanation:
External costs happen if during production or consumption of a good or a service there is a negative effect on another party. The existence of this can bring about market failure. In the presence of externalities social benefit costs are a combination of private costs and also external benefits of production.
All of the options a, n and c are true so d is the answer here.
Answer:
The cost of product transferred to Finished Goods Inventory is $450,100
Explanation:
The computation of the cost of the product transferred to Finished Goods Inventory is shown below:
= Beginning Work in Process Inventory + direct material + direct factory payroll + overhead cost - Ending Work in Process Inventory
where,
Direct material = Total material - indirect material
= $211,000 - $34,800
= $176,200
Direct factory payroll = Total factory payroll - indirect labor
= $159,600 - $44,800
= $114,800
Overhead cost = 150% of direct labor cost
= 150% × $114,800
= $172,200
The other items values would remain the same
Now put these values to the above formula
So, the value would equal to
= $17,100 + $176,200 + $114,800 + $172,200 - $30,200
= $450,100