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3 years ago

A summary budget, one that contains the combined information of the flexible and operating budgets and is compiled

Business

1 answer:

Illusion [34]3 years ago

8 0

Answer:

master

Explanation:

A master budget is an integration of all other functional budgets such as sales, purchases, marketing, and production. It is prepared when all the other budgets have been completed. The master budget is a summary budget that indicates the planned activities of the business for the coming period.

Master budgets have to be approved by the top management before implementation. A Master Budget shows the projected operating profit of the company for the coming financial period. It also portrays how the balance sheet will be at the close of the period.

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The last department in a production process shows the following information at the end of the period: Units Beginning Work in Pr

Drupady [299]

Answer:

goojnb

Explanation:

fbbkkknb. ..kkjbbvfffdbhvbbnnmmjjhbbbhhhhhhhvvbnmm

8 0

3 years ago

When are product costs included on the income statement?

ioda

Answer:

The correct answer is D. When the product is sold and delivered to a customer.

Explanation:

It is recognized at the time of the sale, because the company receives an income as a result of the recovery of its cost plus the established profit margin. When the sale has not been made, it remains within the product inventories until the sale occurs and becomes an operational income.

4 0

3 years ago

How should sbs classify the spare parts that it expects to use within one year — as inventory or as a prepaid/other current asse

ahrayia [7]

Sbs could do it by starting to find out each functions of the spare parts.
If the spare parts is resided to be a part of the product, it should be classified as inventory.
IF the spare parts is resided for people who want to redeem warranty, it shold be classified as prepaid.
If the spare parts is part of research and development it should be classified as other assets.

8 0

3 years ago

Enterprise software includes a database and thousands of predefined ________________.

Lelechka [254]

Answer:

business processes

Explanation:

Enterprise software includes a database and thousands of predefined business processes that reflect best practices

7 0

2 years ago

During 2017, its first year of operations, Jane's Bakery had revenues of $130,000 and expenses of $66,000. Retained earnings at

Phantasy [73]

Answer:

$28,000

Explanation:

Ending retained earnings = beginning retained earning + current earnings - dividends paid out.

for Jane's Bakery,

Beginning retained earning 0,

Dividends : $36,000

earnings = revenues - expenses

earnings = $130,000 - $ 66,000

=64,000

ending retained earnings = 0+$64,000- $36,000

=$28,000

5 0

3 years ago