Answer:
useful
Explanation:
i got it from USA test prep
Answer:
False.
Explanation:
There is no specific rule for managerial accounting like GAAP. GAAP is the accounting principles set for financial accounting and not managerial accounting. The main and primary purpose of managerial accounting is to help the managers of an organization to analyze the exact cost that is incurred in the production of sale-able goods and services. This accounting is done completely as per the convenience and discretion of the managers of a company and not by any specified rules and norms.
Answer:
Visionary.
Explanation:
A visionary leader is someone who has a clear-cut idea of what he/ she wants in the future. This type of leader will be able to not only create and articulate a clear idea, a realistic idea but also be credible and provide an attractive vision for the company's future.
The leader will help set up a realistic plan to further improve the company, bringing his vision to reality. This will help the company or organization to grow and improve. Likewise, Michael is a visionary leader, with his creative and realistic vision for the organization. He will lead the team to a better, improved future for not only himself but everyone.
Hi there
income from operations=
Sales-(fixed+variable) cost
So we need to variable cost
Variable cost=
Sales-Contribution margin
Contribution margin=
2,100,000×0.35
=735,000
Variable cost=2,100,000−735,000
=1,365,000
Income from operation
2,100,000−(400,000+1,365,000)
=335,000 ....Answer
Hope it helps
