Indirect materials include <u>salt and pepper.</u>
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What are indirect materials ?
- Indirect materials are goods that, while part of the overall manufacturing process, are not integrated into the final product.
- For example, disposable gloves, personal protective equipment, tape, etc., may be essential to a production line, but they are not part of the actual product created on that line.
- When cost savings take priority, it’s important to control spending and compliance by using a unified source-to-pay (S2P) platform for indirect materials.
- Among S2P platforms, cloud-native ones offer the best functionality: they are easy to set up, deploy, learn and use, and they offer real-time, end-to-end visibility.
- Unlike indirect materials, direct materials are components that are integrated into a manufactured product.
- For example, chips in a mobile phone are direct materials in mobile phone production.
To know more about indirect materials, refer:
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Answer:
Variable cost Per Unit $2.50
Explanation:
Total cost at high activity = $8100
Total Cost at Low activity = $3600
Total Units at high activity = 2400
Total Units at low Activity = 600
Variable Cost Per Unit = (High activity total Cost - Low activity total cost ) / (High Activity unit - low activity units)
Variable cost per unit = ($8100 - $3600) / (2400 - 600) = $4500 / 1800 = $2.50
the overall hange is a net-gain of 17% as the company's total revunue experienced an overall positive outcome over said two year period. :)
The process adopted by the university in inviting its wealthiest alumni to join the board is an example of Co-optation.
<h3>What is
Co-optation?</h3>
In business term, the term "Co-optation" is a process adopted by a firm by acculturating a smaller group with related interests because they will gain some values collectively therein.
In conclusion, the process that is adopted by the university in inviting its wealthiest alumni to join the board is an example of Co-optation.
Read more about Co-optation
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This amount would have to be recorded as not accrued in the circumstance that he is defending against a lawsuit.
<h3>What is a lawsuit?</h3>
A lawsuit is an action brought by one or more parties in a civil court of law against another party. Only a limited number of laws from long ago that are still in force include the phrase "suit in law."
The most frequent reasons to "sue" an employer are discrimination, harassment, wrongful termination, and workplace injuries, whether accusations are made or a lawsuit is filed directly. More information about each sort of claim is provided below.
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required: Indicate the amount Erismus would record as an asset, liability, or not accrued in the following circumstances
Erismus is defending against a lawsuit. Erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000.
