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4 years ago

Select the incorrect statement concerning the application of the controllability concept to responsibility accounting.

Business

1 answer:

motikmotik4 years ago

5 0

Answer:

Each manager should be evaluated on the costs but not the revenues that are under his or her control.

Explanation:

Controllability refers to the amount of influence that a manager has over costs or revenues. In responsibility accounting, only those elements are identified which are controllable. A person is given the responsibility for managing such kind of elements.

A person is given an authority to control the costs so that they are able to keep up their performance.

However, according to the controllability concept to responsibility accounting,

each manager should also be evaluated on the revenues that are under his or her control.

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When a central bank influences the growth of the money supply, it is carrying out _____.

a_sh-v [17]

<span>The correct answer is Monetary Policy. Monteray policies are made by institutions like central banks with the goal of adjusting or fighting inflation and deflation rates. Fiscal policies would be policies about public spending or about imports and exports and would be made by the congress and not by the central bank.</span>

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3 years ago

Read 2 more answers

Sandel Company makes 2 products, footballs and baseballs. Additional information follows: Footballs Baseballs Units 4,000 2,500

aleksandr82 [10.1K]

Answer:

Contribution margin per unit Footballs $6 per unit, Baseballs $7.2 per unit.

Baseball.

Explanation:

FootBalls:

Sale Price per unit = Sales / Units

Sale Price per unit = $60,000 / 4,000 units

Sale Price per unit = $15 per unit

Variable Cost per unit = Variable Cost / Units

Variable Cost per unit = $36,000 / 4,000

Variable Cost per unit = $9 per unit

Contribution Margin per unit = Sale Price per unit - Variable Cost per unit

Contribution Margin per unit = $15 per unit - $9 per unit

Contribution Margin per unit = $6 per unit

Baseballs:

Sale Price per unit = Sales / Units

Sale Price per unit = $25,000 / 2,500 units

Sale Price per unit = $10 per unit

Variable Cost per unit = Variable Cost / Units

Variable Cost per unit = $7,000 / 2,500

Variable Cost per unit = $2.8 per unit

Contribution Margin per unit = Sale Price per unit - Variable Cost per unit

Contribution Margin per unit = $10 per unit - $2.8 per unit

Contribution Margin per unit = $7.2 per unit

Contribution Margin per Unit tells Sandel that which product contribute higher in consuming fixed cost after contributing the variable cost from sales, in order to earn greater profit. Hence, Sandal should tell his people to emphasize on Baseball, as have, higher Contribution Margin per unit.

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3 years ago

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Explanation:

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3 years ago

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Answer:

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Explanation:

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3 years ago

Management set a production goal of 500 shippable parts per eight-hour shift. The scrap rate had been running at nine percent.

lorasvet [3.4K]

Answer: a. evaluate available resource

Explanation:

Management set a production goal of 500 shippable parts per eight-hour shift. The scrap rate had been running at nine percent. The maximum speed of the machines was 60 parts per hour or one per minute. Which one of the goal-setting steps were missed?

a. evaluate available resource this is the key aspect of production without which production can not kick start or hamper its speed.

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3 years ago