Answer:
False
Explanation:
Facility-level costs are being the type of activity based cost activities and it simply sustains a facility’s general manufacturing process. We can say some samples about this type of costs:
1) The costs about depreciation or rent of a factory building
2) The costs about salary of a plant manager
3) The costs about insurance, taxes, etc.
4) The costs about training
As you see all about this cost mentioned only in manufacturing processes not in decision making.
There are lots of responsibilities of a manager training their employees to handle food. Such as training the employees to clean the food prep area, thoroughly cook food and store food in the right temperature, and to wash their hands as well as tie their hair back.
Answer:
The correct answer is B
Explanation:
The net cost of goods is computed as if the paid in the discounting period:
Net Cost of goods = Inventory cost - (Inventory cost × Discounting percentage)
where
Inventory cost is $9,000
Discounting percentage is 2%
Putting the values above:
Net Cost of goods = $9,000 - ($9,000 × 2%)
Net Cost of goods = $9,000 - $180
Net Cost of goods = $8,280
Therefore, the amount of $8,280 will be paid by the company if paid within the discounting period and avail the discount of $180.
Answer:
Annual deposit= $2,803.09
Explanation:
<u>First, we need to calculate the monetary value at retirement:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {22,000*[(1.08^25) - 1]} / 0.08
FV= $1,608,330.68
Now, the annual deposit required to reach $1,608,330.68:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,608,330.68*0.08) / [(1.08^50) - 1]
A= $2,803.09
Answer:
The correct answer is letter "A": managerial accounting information.
Explanation:
Managerial accounting is internal accounting that allows managers to assess the impacts of their choices. This contrasts with financial accounting which underlines the company's more general, higher-level financial results. There are many managerial accounting techniques such as product costing, cash flow analysis, inventory, and raw material turnover analysis.
So, <em>if Miguel wants to schedule his department's employees in production for next week he can use managerial accounting information for that purpose.</em>
