Answer:
The allocation method use if a company calculated the final sales value of its various products that are manufactured and then subtracts out identified separable costs is <u>Direct Allocation Method</u>
Explanation:
The direct method allocates costs directly to the producing departments based on relative use.
This method subtracts reciprocal services that incur additional costs For example, this method would ignore service provided by the data processing department to other support departments, such as personnel or maintenance.
Final sales value of its various products and services that are manufactured and the costs form a portion of the overhead cost of production, which is then allocated to inventory and the cost of goods sold.
This method provides a better picture of how costs are incurred, but requires more accounting effort. It also tends to delay the recognition of expenses until a later period, when some portion of the produced goods are sold.
Identified separable costs are then subtracted from final sales value.
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Answer:
Profit decrease = $6,000
Explanation:
As per the data given in the question,
a)
Calculation for buying and making product :
Particulars Per unit Differential cost 22,000 units
Make Buy Make Buy
Cost of buying $44.50 $979,000
Cost of making :
Direct material $5.60 $123,000
Direct labor $6.00 $132,000
Variable manufacturing
overhead $3.6 $79,200
Fixed manufacturing
overhead $4 $88,000
($12 × 1 ÷ 4)
Opportunity cost $551,600
Total cost $19.2 $44.50 $973,800 $979,000
b) As we can see that the Profit is decrease by $6,000 in case of outside supplier offer accepted by taking the difference between the making and buying cost i.e
= $979,000-$973,800
= $6,000
Answer:
(a) systematic skill and problem solving skill
(b) problem-solving, team building skills and communication skills,
Explanation:
Yes I will definitely enjoy working in that kind of environment.
I will be able to learn, improve and build up my myself in such environment.
Getting equipped with all the necessary skills needed.
The party organization is essential because it helps party candidates win elections