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3 years ago

Chester Company has established internal control policies and procedures in order to achieve the following objectives:

Business

1 answer:

Trava [24]3 years ago

4 0

Answer:

B) Objectives 2 and 3

Explanation:

Accounting controls are procedures that help a company ensure the validity and accuracy of its financial statements.

Therefore, one of the main priorities of accounting controls would be to make sure that accounting records are correct. By ensuring the validity of accounting records, the company's assets are safeguarded, since the possibility of something missing or being incorrectly recorded diminishes.

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How volume and variety affects process design

Maurinko [17]

Answer:

rocesses often producea high variety of products/services and high-volume operations processes often produce a narrow variety of products/services. The design of any process should be governed by the volume and variety it is required to produce. Depending on those factors, processes will changeExplanation:

4 0

3 years ago

Your friend, Suzie Whitson, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numb

jeka57 [31]

Answer:

Factory rent $ 3,030: Product - MOH - Fixed

Company advertising 1,060: Period - Variable

Wages paid to assembly workers 31,400: Product - DL - Variable

Depreciation for salespersons’ vehicles 2,140: Period - Fixed

Screws 595: Product - DM - Variable

Utilities for factory 825: Product - MOH - Variable

Assembly supervisor’s salary 3,640: Product - MOH - Fixed

Sandpaper 125: Product - MOH - Variable

President’s salary 5,050: Period - Fixed

Plastic tubing 4,080: Product - MOH - variable

Paint 240: Product - DM - Variable

Sales commissions 1,330: Period - Variable

Factory insurance 1,010: Product - MOH - fixed

Depreciation on cutting machines 2,120: Product - MOH - Fixed

Wages paid to painters 8,000: Product - DL - Variable

Explanation:

- Direct materials are those materials and supplies that are consumed during the manufacture of a product, and which are directly identified with that product.

- Direct labor is production or services labor that is assigned to a specific product, cost center, or work order.

- Manufacturing overhead refers to indirect factory-related costs that are incurred when a product is manufactured.

- Period costs are not directly tied to the production process. Overhead or sales, general, and administrative (SG&A) costs are considered period costs. SG&A includes costs of the corporate office, selling, marketing, and the overall administration of company business.

- Product costs are the direct costs involved in producing a product. A manufacturer, for example, would have production costs that include: Direct labor, Raw materials, Manufacturing supplies, Overhead that's directly tied to the production facility such as electricity.

- Variable cost is a corporate expense that changes in proportion to production output.

- Fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold.

In this exercise:

Factory rent $ 3,030: Product - MOH - Fixed

Company advertising 1,060: Period - Variable

Wages paid to assembly workers 31,400: Product - DL - Variable

Depreciation for salespersons’ vehicles 2,140: Period - Fixed

Screws 595: Product - DM - Variable

Utilities for factory 825: Product - MOH - Variable

Assembly supervisor’s salary 3,640: Product - MOH - Fixed

Sandpaper 125: Product - MOH - Variable

President’s salary 5,050: Period - Fixed

Plastic tubing 4,080: Product - MOH - variable

Paint 240: Product - DM - Variable

Sales commissions 1,330: Period - Variable

Factory insurance 1,010: Product - MOH - fixed

Depreciation on cutting machines 2,120: Product - MOH - Fixed

Wages paid to painters 8,000: Product - DL - Variable

5 0

4 years ago

Which trade bloc was created to encourage free trade and economiccooperation between Canada, Mexico, and the United States?

Vsevolod [243]

Answer:

B. NAFTA

Explanation:

North American Free Trade Agreement (NAFTA) is a regional agreement between the Government of Canada, the Government of the United Mexican States, and the Government of the United States of America that created a free trade zone.

NAFTA administers the mechanisms stipulated in the Treaty to resolve commercial disputes between national industries or the governments of the party countries in a timely and impartial manner.

8 0

3 years ago

Read 2 more answers

A store asked 250 of its customers to study the relationship between the amount spent on groceries and income. a meaningful disp

ch4aika [34]

A store asked 250 of its customers to study the relationship between the amount spent on groceries and income. a meaningful display of the data from this study would be a scatterplot

Using Cartesian coordinates, a scatterplot is a form of plot or mathematical diagram that shows values for typically two variables for a set of data. An additional variable can be shown if the points are color-, shape-, or size-coded.

When one continuous variable is under the experimenter's control and the other depends on it or when both continuous variables are independent, a scatterplot can be utilized. The data are shown as a series of points, with each point's value dictating its position on the horizontal axis and its value dictating its position on the vertical axis.

To know more about scatterplot

brainly.com/question/25280625

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8 0

2 years ago

What "forward-looking analytics innovations" can healthcare organizations apply to meet their mounting challenges through the us

asambeis [7]

Answer:

predictive analytics, evidence based medicine and clinical outcome analytics, enterprise analytics

Explanation:

Most forward looking health care organisations make use of data stored at repository on past behaviours/outcomes to predict future behaviours/ activities. They also provide visual effects of trends and build models that predict future medical course (action). Data repository provides evidences of previous behaviours/outcomes which are used to build models to solve specific problems.

5 0

3 years ago