Measuring performance relative to planned objectives and standards is part of controlling.
<h3>What is controlling?</h3>
Controlling helps to manage, supervise or oversee a given task or assignment.
It helps to measure how far or well a given task has been done relative to the target.
Therefore, Measuring performance relative to planned objectives and standards is part of controlling.
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The answer is B. the amount of something consumers want
Answer:
economies of scale
Explanation:
Economies of scale defines the advantage to company in terms of cost, that is with each increasing unit of output the cost for additional unit tends to decline.
All electric car segment do not currently operate or have competition as there is low market for such segments, but as the market is small for electric cars.
But as the company thinks to benefit in small scale because of economies of scale, the company might choose this electric car segment, encouraging customers, and with decreasing cost, company will be benefit.
Answer:
1. Depreciation expense 3600
Accumulated depreciation 3600
2.Unearned rent 330666
Rental income 330666
3. Interest expense 2100
Interest payable 2100
4.Cost of goods manufactured 2640
Supplies 2640
5. Insurance expense 2400
Prepaid insurance 2400
Explanation:
depreciation for the year = 300*12=3600
2. Earned rent was 62000/3*4=330666
3.Interest expense for the year = 525*4=2100
4.opening supplies were 3500 and ending were 860 so (3500-860)=2640 were consumed and 860 will be reported to balance sheet.
5. Opening prepaid insurance was =$3600
Insurance was expense out at the rate of $200 per month = 200*12=$2400
$1200 shall be reported to balance sheet.
Answer:
The correct answer to the following question will be "keeping the product line since they would lose an extra $40000 if they dropped".
Explanation:
Keep Drop
Loss $100000 (given) -
Fixed asset loss - (300000-160000)
Loss $100000 140000
If dropped, so the $40000 damage would be included. Such that the correct approach is "keeping the product line since they would lose an extra $40000 if they dropped."
