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3 years ago

14

If you were starting a new business describe at least three departments to the company that you would need right away why are th

ese departments so important

1 answer:

Dimas [21]3 years ago

6 0

Answer:

Explanation:

These departments are as follow:-

1) Admin

2) Administrative

3) HOD (Head Of Departments)

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The following information was drawn from the 2016 accounting records of Ozark Merchandisers: 1. Inventory that had cost $21,200

solniwko [45]

Explanation:

Sales Discount = (Gross Sales - Sold Price) × Discount percentage

($39,900 - $1,520) × 2%

Net sales = Gross Sales - Sales Returns - Sales Discounts

= $39,900 - $1,520 - $767.60

= $37,612.40

Ozark Merchandisers Income Statement

Net Sales Revenue $37,612.40

Cost of Goods Sold ($21,200 - $920) $20,280

Gross Profit $17,332.40

Selling and Administrative Expenses $4,200

Income from Operations $13,132.40

Other Income

Gain on sale of land $1,250

Interest Expense ($360) $890

Net Income $14,022.40

Under Finance activities the interest expense is $360 in the statement of cash flow.

6 0

3 years ago

At the present time, demand for each of the company's products far exceeds its capacity to produce them. Thus, management is try

Brums [2.3K]

Answer:

Explanation:

Android Bio-Mutant Cyclops

Direct labor per unit 48 24 60

Divide by Direct labor rate 12 12 12

Direct labor hours per unit 4 2 5

Android Bio-Mutant Cyclops

Selling price 100 77 125

Less: Variable costs

Direct labor 48 24 60

Direct materials 9 8 16

Variable overhead 7 4 9

Total Variable costs 64 36 85

Unit Contribution margin 36 41 40

Divide by Direct labor hours per unit 4 2 5

Contribution margin per labor hour 9.00 20.50 8.00

<em>As shown in the above estimates, producing Bio-mutant is much more lucrative</em>

<em>Total contribution margin 20500 =1000 * 20.5</em>

4 0

3 years ago

If a company increases its fixed costs for product b, then the contribution margin per unit will.

Evgen [1.6K]

If a company increases its fixed costs for product b, then the contribution margin per unit will remain the same.

<h3>What is fixed cost?</h3>

Fixed costs, sometimes referred to as indirect costs or overhead costs in accounting and economics, are costs incurred by a corporation that are independent of the volume of goods or services the company produces.
They frequently occur again and again, like monthly rent or interest payments.
These expenses are often capital expenses as well.
Contrast this with variable costs, which depend on volume (and are based on the quantity produced) and are unknowable at the start of the accounting year.
Some variable costs are affected by the type of fixed costs.

<h3>What is company?</h3>

A corporation, often known as co., is a legal entity that stands for a group of people with a certain goal who are either natural, legal, or a combination of the two.
Members of the company work together for a shared cause in order to accomplish clearly stated objectives.

Learn more about fixed cost here:

brainly.com/question/17100497

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6 0

2 years ago

A job analysis approach that utilizes an inventory of various types of work activities that can constitute any job is _________

Alex17521 [72]

Answer:

functional job analysis.

Explanation:

Functional job analysis can be regarded as the analysis used in the knowing information as far as a job is concerned , this could based on employee's behavior which could be used to give the decription of the job.It should be noted that job analysis approach that utilizes an inventory of various types of work activities that can constitute any job is functional job analysis.

5 0

3 years ago

Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The

Nina [5.8K]

Answer:

The selling price for a unit in Job X455 is closest to a. $379.92

Explanation:

stimated total manufacturing overhead cost = Estimated total fixed manufacturing overhead cost + (Estimated variable overhead cost per unit of the allocation base × Estimated total amount of the allocation base)

= $358,400 + ($2.30 per machine-hour × 56,000 machine-hours)

= $358,400 + $128,800 = $487,200.

Predetermined overhead rate = Estimated total manufacturing overhead cost ÷ Estimated total amount of the allocation base

= $487,200 ÷ 56,000 machine-hours = $8.7 per machine-hour.

Overhead applied to a particular job

= Predetermined overhead rate × Amount of the allocation base incurred by the job

= $8.7 per machine-hour × 80 machine-hours = $696

Direct materials $810

Direct labor cost $1,620

Manufacturing overhead applied $696

Total cost of Job X455 (a) $3,126

Number of units (b) 10

Unit product cost (a) ÷ (b) $312.6

Markup (20% × $312.6) $62.52

Selling price $375.12

6 0

3 years ago