Answer:
C). Compare actual controllable costs with flexible budget data.
Explanation:
The Cost center is very crucial to be determined by an organization as it indirectly bestows its profitability. It is usually calculated by comparing the actual cost generated by the department to the expectations as per the budgeted cost. Thus, the most constructive method to evaluate a cost center would be the 'comparison between the actual controllable costs and the flexible budget data' as it helps in assessing the actual expense incurred during the year and whether it is lesser or greater than the cost estimated in the budget. Hence, <u>option C</u> is the correct answer.
Answer:
SELF - REGULATION
Explanation:
Self - regulation
This involves controlling one's behavior, emotions and thinking in the pursuit of a goal or objective. Self regulation involves setting goals, developing strategies, formulating implementation intention, monitoring performance, and evaluating how well one is doing and so on. It involves knowing techniques that helps adjust one physically, mentally and emotionally in various conditions in order to promote general well being. It also involves managing one's self.
Answer: $45 per machine hour
Explanation:
Company uses machine hours as its overhead allocation base and there were 106,000 machine hours planned.
The overheads are $3,800,000 for indirect labor and $970,000 for factory utilities.
The rate will therefore be;
= Total Overhead / Machine hours
= (3,800,000 + 970,000) / 106,000
= $45 per machine hour
Answer: (C) Just-in-time (JIT)
Explanation:
The just-in-time is one of the type of inventory system that reduced the overall amount of the inventory goods and the services that is owed by the manufacturer in the business.
It is also known as JIT inventory system and the main aim of this type of system is to increase the efficiency of the products and the services in an organization and reducing the wastage in the production process.
According to the question, the just-in-time inventory control system creating the production for the short time period and for the few hours also ans they reduce overall inventory cost in the system.
Therefore, Option (C) is correct.
Explanation:
an entrepreneur is always creative have ideas make best decision thinks before decision