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aleksklad [387]
3 years ago
10

The direct materials and direct labor budgets provide information for preparing the

Business
2 answers:
iragen [17]3 years ago
7 0

Answer:

The cash budget is the appropriate answer

Explanation:

When the budgeted direct materials as well as the required  budgeted labor hours are ascertained, the step needs to be taken further in order to know how the costs budgeted fit into overall cash situation of the business.

The suppliers of direct materials would have given the company the maximum number of days that expect cash , in order to meet up with such deadline the company must plan ahead by incorporating the values of such purchases into cash flow projections, the same also applies to cost of direct labor.

Inga [223]3 years ago
3 0

Answer:

D)   cash budget.

Explanation:

Any budget is only a management tool, since it is really not an official accounting statement, nor it actually reports anything. They are extremely useful to measure a company's productivity and efficiency compared to previous standards. A budget generally works by taking previous expenses, consumptions and outputs, and then estimates the future costs, but they are only estimates that usually need to be adjusted. Budgets are adjusted for both positive reasons (increase in efficiency and productivity) or negative reasons (wasted materials, time, etc.).

In this case, direct materials and direct labor are usually referred to as prime costs since they are directly related to the production process. When you are estimating or budgeting prime costs, you are estimating your cash budget, because prime costs result in cash outflows. You need cash to purchase materials and you need cash to pay for workers. On the other hand, overhead costs are usually associated with indirect costs like depreciation, and other expenses that also require cash outflows like supervisors' salaries, utilities, etc. But the bulk of cash outflows is determined by the prime costs.

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Chester Corp. ended the year carrying $21,490,000 worth of inventory. Had they sold their entire inventory at their current pric
Readme [11.4K]

Answer: $21,490,000

Explanation:

Contribution Margin is simply the Sales less the value of variable costs.

If the inventory had been sold in its entirety, it would have added its value to the sales which means that sales would have increased by the value of the inventory which is $21,490,000.

4 0
3 years ago
Suppose a study finds that college students who received financial aid have a greater tendency to graduate than do college stude
Harman [31]

Answer:

Consider the following explanation

Explanation:

1 First he has,reasonably detailed knowledge of the market in question

2.The second general approach is to use advanced statistical analysis to identify the data

3.Author must collect data not only related to financial aid and college graduates but also on the many variables that can effect these variables .

4.Once the data are collected (which is often much more difficult than it sounds!), the author can then use some advanced statistical techniques to estimate the parameters, including one technique called multiple regression analysis.

If the author has done all these above things on the data ,then i think that his conclusion will be correct.

The best solution to the identification problem is  it requires knowledge of the various variables that effect both the financial aid and college graduates so that advanced statistical estimation can be undertaken, In either case, however, knowledge of financial aid and college graduates alone is not sufficient to identify the data and drawing conclusions on the basis of it.

5 0
3 years ago
Asha team lead wanted to make some changes in the seating arrangement of her team members in order to improve communication betw
PtichkaEL [24]

Answer: c. two-way communication

Explanation: Answer Options: a. one-way communication ; b. intrapersonal communication ; c. two-way communication ; d. a soliloquy ; e. a monologue.

The above is an example of a two-way communication. A two-way communication is one involving the transmission of messages between two parties in which the receiver sends back a response, acknowledging that the message from the sender was received. A sitting arrangement developed on the basis of a two-way communication would suit everyone and further improve communication between team members. The form of communication is quite essential in the business world as messages are transmitted between employers of labor, their employees, team members, customers, and so on, requiring feedback when such messages are received and understood.

4 0
3 years ago
Values are Group of answer choices a. The deeply held convictions that influence your thinking when you are faced with choices b
skelet666 [1.2K]

Answer:

a. Deeply held convictions that influence your thinking when you are faced with choices

Explanation:

A conviction refers to a firmly held belief of an individual.

An individual forms his values from his family, friends and people around which gradually shape perspective.

Values determine how an individual behaves socially, what constitutes morally right and what is not. They govern the ethical behavior of an individual.

Values are personal in nature in the sense those ain't generally acceptable principles. Those differ from individual to individual.  They determine the course of action of an individual when faced with challenges and alternatives.

3 0
4 years ago
In the current year, a taxpayer reports the following items: Salary $50,000 Income from partnership A, in which the taxpayer mat
ollegr [7]

Answer:

Usually, passive loss cannot be taken without passive gain.

but when that passive activity interest has been sold in that year, the loss in that activity can be taken

Explanation:

5 0
4 years ago
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