Answer:
$76,260
Explanation:
Calculation to determine the total period cost for the month under variable costing
Using this formula
Total Period cost = Variable selling and administrative cost + Fixed manufacturing overhead + Fixed selling and administrative cost
Let plug in the formula
Total Period cost = ($14 × 1,760) + $18,180 + $33,440
Total Period cost =$24,640+$18,180 + $33,440
Total Period cost =$76,260
Therefore the total period cost for the month under variable costing is $76,260
Answer:
one example of unprofessional speech habit is slouching or fidgeting while talking to your audience and one professional example is making eye contact with your audience
Explanation:
Answer:
differential analysis:
No further process Process further Differential
amount
Sales revenue $410,000 $1,213,400 $803,400
Production costs ($340,000) ($580,000) ($240,000)
Operating income $70,000 $633,400 $563,400
The company should process further and sell products B and C because its operating income will increase by $563,400.
Answer:
The value of the put option is;
e. $9.00
Explanation:
To determine the value of the put option can be expressed as;
C(t)-P(t)=S(t)-K.e^(-rt)
where;
C(t)=value of the call at time t
P(t)=value of the put at time t
S(t)=current price of the stock
K=strike price
r=annual risk free rate
t=duration of call option
In our case;
C(t)=$7.2
P(t)=unknown
S(t)=$50
K=$55
r=6%=6/100=0.06
t=1 year
replacing;
7.2-P=50-55×e^(-0.06×1)
7.2-P=50-(55×0.942)
7.2-P=50-51.797
P=51.797+7.2-50
P=$8.997 rounded off to 2 decimal places=$9.00
The general guideline for the segregation of duties is that the following areas should be separated by accounting controls : 1. custody of assets, 2. authorization of transactions, and 3. record-keeping responsibilities.
<h3>Give a brief account on segregation of duties.</h3>
The assignment of distinct steps in a process to different personnel is known as the segregation of duties. By exercising extreme control over a process, the goal is to prevent situations in which someone might steal something or do another fraud. In essence, distinct parties should have physical custody of an asset, record-keeping responsibilities for it, and acquisition and disposal authority.
A key component of a control system is the separation of roles. When evaluating an entity's system of internal controls, auditors will consider duty segregation and will give the system a lower rating if there are any segregation problems.
The auditors will change their methods when there are segregation problems because they will presume that the danger of fraud has increased. This method shift typically entails a rise in audit workload, which is passed on to the customer in the form of higher audit fees.
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