Answer:
The statement which is NOT true of the various methods of allocating service department costs is:
b. The choice of method affects the optimal allocation of resources
Explanation:
The allocation method used by an organization does not affect whether the organization's resources are allocated optimally or not. After all, what is at stake is not the allocation of resources, but the allocation of consumed resources. An organization is free in making its choice of method. The basis for choosing an allocation method is to ensure that costs are allocated optimally and not resources.
Answer:
The total of their "FROM AGI" deductions in 2019 is $24,400
Explanation:
The computation of the total From AGI deductions is computed by considering
Larger amount of
1. Itemized deductions - $22,250
2. Standard deductions - $ 24,400
Since the standard deduction for the married couple is $24,400 is larger than the itemized deduction. So, the total deduction in 2019 is $24,400
And, the student loan interest should not be considered. Hence, it is ignored in the computation part.
<span>A service sponsored wholesale systems is common in the employment services and tax services industries where franchisors license individuals or firms to dispense a service under a trade name and specific guidelines.
Manufactures also use this </span>system so that wholesalers can purchase products under a trade name. This allows for a streamline services and keeps the orders and services on track and a unique way of ordering.
Answer:
C. The financial manager's most important job is to make the firm's investment decisions.
Explanation:
Finance managers are responsible for maintaining the financial health of the company. He uses tools like financial reports, industry trends, and investment news to make financial decisions that will ensure firm meets its financial goals.
They analyse financial information to get valuable insights for business growth.
<span>Derek's
company was bidding on the construction of a new penguin display at a
world-famous zoo. when putting together his bid, derek began by
determining what the zoo would be willing to pay for the structure, and
then subtracting a reasonable profit for the company. the result would
be the cost of production. for example: if price to zoo = $6 million,
and company profit margin = $2 million, the cost to produce cannot
exceed $4 million. [$6 million - $2 million = $4 million.] the
demand-based pricing strategy in this example is called target costing.
</span><span>Target costing is an approach to determine a product's life-cycle cost
which should be sufficient to develop specified functionality and
quality, while ensuring its desired profit. It involves setting a target cost by subtracting a desired profit margin from a competitive market price.</span>