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andrey2020 [161]
3 years ago
14

One major difference between a merchandiser’s master budget and a manufacturer’s master budget is that A : a merchandiser does n

ot include direct materials, direct labor, and manufacturing overhead budgets, whereas a manufacturer does. B : a merchandiser does not include a sales budget, whereas a manufacturer does. C : a manufacturer does not include a sales budget, whereas a merchandiser does. D : a manufacturer does not include direct materials, direct labor, and merchandising overhead budgets, whereas a merchandiser does.
Business
1 answer:
goldfiish [28.3K]3 years ago
5 0

Answer:

A

Explanation:

A merchandise prepares a budget in line with the Trading profit and loss Account, while a Manufacturer prepares a budget in line with the Manufacturing and profit and loss account.. under the Manufacturing account we have prime cost which consist of direct labor, direct material and direct expenses. then add it to Manufacturing overheads.

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Explain the most well-known service provided by insurance companies. *
earnstyle [38]

Answer:

Car insurance

Explanation:

Everybody drives a car.

6 0
2 years ago
22. At the end of each year for the next 18 years, you receive cash flows of $3700. The initial investment is $25,200 today. Wha
IrinaK [193]

Answer:

29.37%

Explanation:

Rate of return = Average annual income/Average initial investment

Average annual income = $3,700

Average initial investment = (I+s)/2

Average initial investment = (25,200+0)/2

Average initial investment = $12,600

Rate of return = $3,700/$12,600

Rate of return = 0.2936508

Rate of return = 29.37%

6 0
2 years ago
Cullen and MacNeil's is a printing press. It currently faces a threat from the electronic media. The company primarily views its
Elenna [48]

Answer:

Marketing myopia

Explanation:

Marketing myopia is a term that describes a situation in which a business or company is more focused on the products it offers rather than the customers. This term was coined by Theodore Levitt. Cullen and MacNeil’s can be said to be suffering from marketing myopia as the company’s program doesn’t take account of the changing lifestyle of the customers which tends to align towards electronic media, and as such would only be assuming there are no competitive substitutes for whatever products they are offering. We can say the company does not have the interest of customers at heart.

7 0
3 years ago
____ materials are materials that are no longer serviceable, have been discarded, or are a by-product of the production process.
alexgriva [62]

Answer:

Scrap

Explanation:

The scrap material is that material that is not usable for the or the services are no longer available and these products are not used so far for the production process. It is totally and completely discarded and used as a by product production process

Hence, the correct option is scrap

And all other options are wrong and incorrect

4 0
3 years ago
Tidy Limited purchased a new van on January 1, 2018. The van cost $32,000. It has an estimated life of eight years and the estim
Cloud [144]

The adjusted balance in the Accumulated Depreciation account at the end of 2019 is <u>$14,000</u>.

<u> Explanation</u>:

<em><u>Given</u></em>:

Cost of van= $32,000

Estimated residual value= $3,200

Straight-line Depreciation Rate= 1/8

                                                = 0.125

Straight-line Depreciation Rate= 12.5%

Declining Balance Rate = 2 ×12.5%

                                             = 25%

Double declining balance can be calculated with the following formula:

2 x basic depreciation rate x book value

By applying the values,

The adjusted balance in the Accumulated Depreciation account= $14,000.

7 0
2 years ago
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