Answer:
The impact on Granfield company operating income segment would be an increase of $208,400.
Explanation:
There would be an increase of $208,400 for Granfield company operating income segment due to the eliminated fixed cost from the payback division.
This means that there would be efficient operations of other business segment of Granfield as a result of the eliminated fixed cost from the payback division. Also, there will not be sales and variable cost accruable to the company-Granfield, in the future.
Calculation;
40% * $521,00 = $208,400
Answer:
Profit and Loss file
Sales receipt
Payrolls from your payroll firm that have been paid
Receipt for business travel
Utility bills paid
Insurance premium paid
Rent paid for office space
Advertising bills paid
Balance sheet file
Bank statement showing cash in the bank
Order for suppliers that you have 60days to pay
Statement showing balance due on bank loan
Credit card statement showing balances due
Bounced checks from customers for prior sales
Explanation:
The answer is: [A]: "vertical scope" .
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Answer:
The following Apply :
A. Based on past experience and data Developed by the SCAB (Standard Cost Accounting Board
B. Used in preparing flexible budgets Useful for manufacturing companies, but not service companies
Explanation:
Standard Cost set levels of Costs and Revenues that ought to be achievable when reasonable levels of performance are attained together with working practices to manufacture a product.
Data is obtained from past experience and used to prepared flexible budgets for control purposes.
<span>Two oil shocks, an expansive monetary policy, and growing competition as Europe and Japan recovered from the devastation of World War II.
By the end of the decade, the country went into what came to be called
stagflation, a combination of no growth and rising inflation. In effect, the country had the worst of both worlds.
President Carter’s appointment of Paul Volcker as Federal Reserve Chair started the path to change. He restricted the money supply in a war that drove up unemployment but eventually tamed inflation.
The Reagan presidency started with cuts in spending and income taxes in what was called a ‘supply-side experiment.’
The intent was to stimulate saving, work, and investment. The emphasis that the supply-side approach put on incentives is now a more prominent part of economic thinking, but the experiment itself led to larger fiscal deficits.</span>