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3 years ago

One behavioral factor that must be considered when responsibilities are assigned to managers is

Business

1 answer:

Kobotan [32]3 years ago

6 0

Answer:

The correct answer is letter "A": Managers should be held responsible for only actual revenues and actual costs and not for standard revenues or standard costs.

Explanation:

Standard revenues and costs in a company are those calculated after several years of operations. It measures an approximate of how much profits the organization could earn and how much is needed to keep the operations going. Managers should only be evaluated on the actual profits and costs incurred in the firm since only with them they have control.

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As of December 31, 2019, Armani Company’s financial records show the following items and amounts.

MrRa [10]

Answer:

Revenue (Consulting revenue + Rental revenue)=33000+22000=55000.

Operating expense (salaries expense+rent expense)=20000+12000=32000

Selling and administrative expense = 8000

Explanation:

Armani Company

Year end Income statement 2019

Revenue = 55000

less: Operating expense =(32000)

Gross Profit 23000

less :Selling and administrative expense = (8000)

Net profit 15000

Notes: Question should be mentioned the company nature of business so that we can identify company real business.

8 0

3 years ago

At the end of the fiscal year, variances from standard costs are usually transferred to the Group of answer choices factory over

Tatiana [17]

Answer: Cost of goods sold account

Explanation:

When a company is operating a Standard Cost system, all their inventory accounts will be recorded at their standard costs.

The Variances that exist between the Standard and Actual costs will be recorded in the variance accounts as well as the manufacturing overhead account.

At the end of the fiscal year, the balances on these accounts are sent to the Cost of Goods sold account to reflect true cost.

5 0

3 years ago

List three strategies for seeing that your guests do not leave your home or residence while impaired

Sati [7]

Have one person be the bartender, and keep track of how much people drink, and then limit the amount of alcohol people consume. Serve no alcohol or have only a limited amount available, while having a wide variety of nonalcoholic beverages available. Declare in advance that this will be an alcohol free event and that you will provide beverages that are nonalcoholic, and would like guests to respect that and not bring alcohol.

5 0

3 years ago

Match the tasis with the professionals who do them

Sidana [21]

Answer:

Purchasing Agent:

-Attend Conferences and trade shows to find new products

-Negotiate contracts with suppliers

Office Clerk:

-File paperwork according to a filing system in the office

-Type data into software to be used by the company

Freight Forwarder:

-Calculate the weight and volume of cargo

-Track shipments to make sure that they arrive on time

Explanation: I took the test.

8 0

3 years ago

Read 2 more answers

Sales $ 2,000,000 100 % $ 500,000 100 % $ 2,500,000 100 % Variable expenses 800,000 40 % 250,000 50 % 1,050,000 42 % Contributio

Sonja [21]

Answer:

$1.5 million

Explanation:

The computation of break even sales in dollars is shown below:

= (Fixed expenses) ÷ (profit volume ratio)

where,

Contribution margin = Sales - Variable expense

= $2,500,000 - 1,050,000

= $1,450,000

And, Profit volume ratio = (Contribution) ÷ (sales) × 100

So, the Profit volume ratio = ($1,450,000) ÷ ( $2,500,000) × 100 = 58%

And, the fixed expenses is $870,000

Now put these values to the above formula

So, the value would equal to

= ($870,000) ÷ (58%)

= $1.5 million

3 0

4 years ago