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dalvyx [7]
3 years ago
9

b. What kinds of information from previous budgets would be helpful for Talar to have on hand when she presents her budget to th

e Activities Committee? (2 points)
Business
1 answer:
Andrew [12]3 years ago
8 0

Answer:

- The time they took to complete, the places where they got their raw materials from, the duration for which they worked daily.

Explanation:

The above information from the previous budgets must be helpful to Talar while presenting her budget before the Activities Committee as this will assist her in showing how her present budget is dealing with each aspect of the organization and also consider the missing elements of the previous budget. The information associated with 'time consumed to complete the target, the places for raw materials, and the work hours' would help in showing how she has anticipated the cost of production and labor cost while preparing the budget. Thus, this information will establish the credibility of her claims.

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ch4aika [34]
All of the above sounds about right
7 0
3 years ago
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On May 3, 2020, Culver Company consigned 60 freezers, costing $470 each, to Remmers Company. The cost of shipping the freezers a
Mnenie [13.5K]

Answer:

a) Valuation of Ending Inventory

The total cost of consignment = $28980

Cost of Freezers= 60 freezers *$470= $28200

Shipment Costs $ 780

Per unit Cost of Consignment= $28980 / 60= $ 483

The inventory value of the units unsold in the hands of the consignee

= (60 units - 30 units )* 483= $ 14490

b) Profit for the Consignor

Sales 30 units at $800                                      $24000

<u>CGS 30 units at 483                                         14490 </u>

<u>Gross Profit                                                         9510 </u>

Less

Advertising $200

Total installation costs $350

<u>Commision 6% of 24000= $ 1440                     1990 </u>

<u>Net Profit                                                           $7520 </u>

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<u>c) Remittance was made of $7520 </u>

4 0
3 years ago
The concept of creating safer and more efficient equipment is called __________.
kvasek [131]

Answer:

The correct answer is Ergonomics.

Explanation:

When a company talks about providing efficient and safe equipment for its employees, they refer to the discipline of ergonomics.

Ergonomics is the one in charge of investigating and collecting data and with the knowledge of different related subjects such as psychology or physiology to find the right designs for people so that they are safe and comfortable, which allows them a better development in the Work and allow them to be efficient.

It is necessary to take into account the differences found in the population from age to cognitive ability to successfully apply ergonomics.

<em>I hope this information can help you.</em>

7 0
3 years ago
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In studying for her real estate license, Elise is reading about police power. She is confused and doesn't understand why law enf
Arisa [49]

In studying for her real estate license, Elise is reading about police power.  he term "police power" refer to in real estate refers to The government's authority under the Constitution to place limits on individual freedom in the name of protecting the public health, safety, and welfare. This is further explained below.

<h3>What is police power?</h3>

Generally, police power is simply defined as the authority granted to the state by the Constitution to impose reasonable restrictions on individuals or businesses for the public's protection and good.

In conclusion, When it comes to subdividing property, the police have complete authority and direction.

Read more about police power

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4 0
1 year ago
Information necessary to prepare the year-end adjusting entries appears below. a. Depreciation on the machines for the year is $
lilavasa [31]

Answer:

Jaguar

Adjusting Journal Entries:

General Journal

Date Description                                     Debit       Credit

a.   Depreciation Expense-Equipment $9,900

     Accumulated Depreciation-Equipment         $9,900

To record depreciation expense for the year.

b.   Wages & Salaries Expense           $3,900

     Wages & Salaries Payable                             $,3900

To record unpaid salaries.

c.   Interest on Notes Expense         $1,380

    Interest on Notes Payable                             $1,380

To accrue interest on notes for 4 months to December 31.

d.  Insurance Expense                     $19,500

    Prepaid Insurance                                         $19,500

To accrue insurance expense for 10 months

e.  Supplies Expense                      $

    Supplies                                                        $

To record supplies expense for the year (difference between Supplies balance and Supplies remaining at the end ($4,900).

f.  Utilities Expense                        $2,150

   Utilities Payable                                           $2,150

To record utilities expense for the month.

Explanation:

Adjusting journal entries are prepared at the end of an accounting period.  They adjust the expense and revenue accounts in line with the accrual concept and the matching principle of generally accepted accounting principles.

The adjusting entries are for unpaid expenses, unreceived earned revenue, prepaid expenses, deferred revenue, and depreciation expenses, and correction of errors in posting transactions to the general ledger.

7 0
3 years ago
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