When preparing the operating budgets for a manufacturing company, the manufacturing overhead budget includes costs that are projected by the cost accountant and the production manager. It contains the all <span>manufacturing costs and expenses, except the direct materials (raw materials) and direct labor. </span>
Answer:
D. Franchisee
Explanation:
A franchisee can be defined as an individual who is a small business owner who operates a franchise. A franchisee is given license by the franchisor to run a business under the franchisor's trade mark, trade name and method of operations. A franchise is a business in which the owners sell the rights to their business trade mark, trade name, logo and method of operations to a third party outlet or individuals owned separately by who we refer to as the franchisee. In this case, Andrea wants to become a franchisee by opening the same type of popular coffee chain in her town that is found in a nearby town.
Answer:
The correct answer is letter "A": Employees must trust that management will accurately disclose financial and profit information.
Explanation:
Profit-sharing plans are retirement plans that allow only employers to make contributions to the plan. Those contributions are allocated according to the profits the company earns by quarter or year. The firm creates a calculation method to determined what amount is going to be provided to each employee. Then, workers rely on the company's integrity to disclose the true amount of revenue it generated over the past period, and according to it allocate compensations for workers responsibly.
Answer:
85.71%
Explanation:
The computation of the utilization rate is shown below:
Utilization rate = (Actual output ÷ Desired output) × 100
where,
Actual output = 6,000 hammers
Desired output = 7,000 hammers
So, the utilization rate is
= (6,000 hammers ÷ 7,000 hammers) × 100
= 85.71%
By dividing the actual output by the desired output we can get the utilization rate
Answer:
Harold will include the entire amount of each annuity payment in gross income after he recovers the cost of the annuity.