Answer:
$2.58 per machine hour
Explanation:
The computation of the fabrication activity cost pool activity rate is
= ($461,000 × 15%) + ($123,000 × 15%) + ($207,000 × 20%) ÷ 50,000 machine hours
= ($69,150 + $18,450 + $41,400) ÷ 50,000 machine hours
= $2.58 per machine hour
Answer:
a. True
Explanation:
The above is true because financial resources are needed to enable a business meet up with its daily activities in terms of funding. Also, physical resources are buildings, machineries and assets in general which are required to carry a business daily operations. The labor resources, which is the most important resources are the workforce that carry out the day to day operations of a business.
Answer:
<u>C. The company has a very poor turnover of assets and collects its receivables quickly; thus there are some concerns from these ratios. D</u>
<u>Explanation:</u>
Let's be mindful that turnover here refers to <em>revenue</em>, while receivables refer to<em> amounts owed to the company</em>. So, If the company has a very poor turnover of assets it means it isn't making much revenue, and it is collecting its receivables quickly implying there are some concerns (imbalances) from these ratios.
Therefore, the managers of Tyler Toys or the shareholders need to work out a solution.
Answer:
B. Budgetary.
Explanation:
They are used to do that because the range of variance could be from -10% to +20%.
Although this, it is not accurate enough to provide a solid basis for a firm commitment because it only represents an approximation of what is need to be done.
I hope this answer helps you.
Answer:
The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization.
Explanation:
