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son4ous [18]
3 years ago
14

Managerial accounting is primarily focused on: a. Providing information for internal and external users b. Providing general pur

pose financial statements c. Providing special-purpose information and reports d. Following generally accepted accounting principles
Business
2 answers:
Art [367]3 years ago
4 0

Answer:

The correct choice here is C)

Managerial Accounting is primarily focused on the provision of financial and non-financial decision-making information to managers.

It may also be defined as analysing information to advise business strategy and drive sustainable business success.

Cheers!

sp2606 [1]3 years ago
3 0

Answer:

c. Providing special-purpose information and reports

Explanation:

Managerial or management accounting unlike financial accounting which focuses on historical data involves the review of management's forecast or budget with the actual results obtained.

It is used by management for internal decision making unlike financial accounting which follows a defined framework that is useful for both internal and external users of the financials.

Hence, Managerial accounting is primarily focused on Providing special-purpose information and reports.

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Assume that output was 1,000 units in January and 3,500 units in February, utility cost is a mixed cost, and the fixed cost of u
kiruha [24]

Answer:

$0.60

Explanation:

Missing Information: Table is missing, hence, attached with the answer.

Variable cost = Total utilities cost - Fixed cost

                      = $2,600 - $2,000

                      = $600

Variable rate per unit = Variable cost ÷ No. of units produced

                                    = $600 ÷ 1000

                                    = 0.6

Thus, variable rate per unit of output for utilities cost is $0.60.

6 0
3 years ago
"An individual owns a bicycle repair business as a sole proprietorship. He does not make a lot of money, but he does have $5,000
ICE Princess25 [194]

Answer:

Roth IRA

Explanation:

Based on the information provided in this scenario it can be said that the individual's best option would be to make a $5,000 contribution to a Roth IRA fund. This is a retirement fund that can be will provide will continue to grow exponentially throughout the years and the individual can withdraw that money when they turn 60 years old. At this point the money is completely tax free.

5 0
3 years ago
A unit volume objectives for pricing should be used judiciously because higher volume goals can sometimes result in Blank______.
marissa [1.9K]

A unit volume objective for pricing should be used judiciously because higher volume goals can sometimes result in higher pricing. This is further explained below.

<h3>What is the pricing?</h3>

Generally, set the price for the goods or services to be exchanged.

In conclusion, When setting prices, a unit volume aim should be utilized with caution since volume objectives that are more ambitious may often lead to higher prices.

Read more about pricing

brainly.com/question/19091385

#SPJ1

8 0
2 years ago
Taylor and Sons buys equipment on Aug. 1, 2008 for $100,000 cash. They estimatethe equipment will have a salvage value of $13,00
larisa86 [58]

Answer:

Journal Entry

Dr.  Depreciation Expense        $7,250

Cr. Accumulated Depreciation $7,250

Explanation:

Depreciation is a expense which is charged against an asset over its useful life due to wear and tear of that asset. This expense is recorded as and Expense in Income statement and accumulated in an contra asset account asset account until the disposal of the asset.

Cost of Equipment = $100,000

Useful life of the asset = 5 years

Salvage value of the asset = $13,000

Depreciable value of the asset will be expenses equally every year over 5 years.

Depreciable value = Cost of the asset - Salvage value = $100,000 - $13,000 = $87,000

Depreciation Expense = Depreciable Value / Useful Life of the asset = $87,000 / 5 years = $17,400 per year

As only 5 month have been passed in 2008, the depreciation expense account will be charged as follow

Depreciation charge in 2008 = $17,400 x 5 / 12 = $7,250

8 0
3 years ago
For the year ended December 31, a company has revenues of $332,000 and expenses of $203,500. The company paid $56,000 in dividen
Orlov [11]
Oh my chocolate milkshake so many IT can color Pepsi turn around there’s a grand kick your out of a
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