product cost ( direct materials,direct labour and manufacturing overheads).
It is a combination of products cost materialize cost on assets and period cost materialist on difference income and expenses in time.please find the attachment on the differences.
Explanation:
- Product cost idealizes on inventory, assets to the companies.
- It has segregation direct materials product sales.
- It has segregation direct labour cost maintaing products.
- It has segregation of manufacturing issues with machine for products.
- Period cost is an event which happens at certain point of time.
- It administrative,commission and significant understanding.
- Delivers different set of cost accounting.
- It raises issues and exponential cost incurred.
Answer:
The correct answer is letter "E": convergence hypothesis
Explanation:
In Economics, the convergence hypothesis describes how increasing industrialization in different countries could lead to transform the economy to an industrialized world where the <em>same societal patterns, ideologies, behaviors, and customs</em> will be spread which is likely to create a global culture.
<span>One result of the global economy is that trade
between the United States and other countries has decreased. </span>
Answer:
Controlling is the process of assuring actual activities conform to planned activities with five examples are discussed below in details.
Explanation:
Planning and controlling are intimately associated. Controlling is further pervasive than planning. Controlling benefits managers observe the effectiveness of their planning, formation, and managing activities. It not only assists in maintaining a record on the development of activities but also guarantees that activities adhere to the measures set in approach so that organizational aims are achieved.
Answer:
$8,000
Explanation:
Given that
Profit = $1,200
Cost = 85% of sales
Profit = 15%
We know that
Sales = Cost + Profit
= 85% + 15%
= 100%
So sales percentage is 100%
Now we use the unitary method to find out the extra sales which would be
= Profit × sales percentage ÷ profit percentage
= $1,200 × 100% ÷ 15%
= $8,000
