Answer:
$35,260
Explanation:
Calculation to Determine the proper amount of net income for 2021
Unadjusted net income $33,000
Adjustments:
a. Insurance expense overstated $2,800
[4,200-(4,200/3)]
b. Sales revenue overstated $(675)
c. Supplies expense overstated $645
d. Interest expense understated $(510)
(12%*17,000*3/12)
Adjusted net income $35,260
Therefore the proper amount of net income for 2021 will be $35,260
Answer:
From the attached excel file, total cost allocated are as follows:
Deparment A = $99,600
Department B = $73,600
Department C = $51,600
Common cost = $57,600
Explanation:
Note: See the attached excel for the schedule assigning the fixed expenses to the three departments.
In the attached excel file, the following formulae are used to allocate costs to each department:
Depreciation on equipment (based on average cost of equipment) = Depreciation on equipment * (Average cost of equipment of a department / Total average cost of equipment of the three departments)
Real estate taxes (based on Square feet of floor space) = Real estate taxes * (Square feet of floor space of a department / Total square feet of floor space of the three departments)
Personal property taxes: This is a common cost. It cannot therefore be allocated.
Personnel department expenses (based on payroll) = Personnel department expenses * (Payroll of a department / Payroll of the three departments)
Answer:
Forcast the availability of internal job candidates.
Explanation:
Markov analysis is a progressive probability matrix. Markov analysis was created to identify the probabilities of job incumbents that are remaining in their different jobs for the prediction period.
Markov analysis describes the movement of job incumbents( officers and directors) from one state to another during a one time period.
Markov processes are a particular group of mathematical models which are sometimes applied in a variety of decision troubles.
Markov models can be used to identify different patterns, make suitable predictions and also learn the various figures of sequential information.
The statement "Individuals are responsible for each outcome in determining supply chain roles and responsibilities." is true. This is further explained below.
<h3>What is supply?</h3>
Generally, In economics, supply is the entire quantity of a certain commodity or service that is accessible to customers.
In conclusion, I agree with the statement, "Individuals have a critical influence in shaping supply chain roles."
Read more about supply
brainly.com/question/14246224
#SPJ1
Answer: $3 million
<span>Opportunity cost is the cost of choosing one alternative (10% rate of interest in the bank) over another ($2 million in accounting profit) and missing the benefit offered by the forgone opportunity. Opportunity cost is the benefit that the manufacturer could have received, if he will invest in the bank but gave up, to produce pencils instead. In this case, it is 10% of $30 million which is $3 million.</span>