Answer: Corporate - Level Plan
Explanation: Corporate level planning entails reviewing the current strategy of a business in order to determine the company's long term goals. This is done by senior management, the owners of the company and its shareholders. Because this plan looks at the business as a whole, encompssing all of its departments and divisions, this plan also confirms in which markets the business can enter in and why. In this case SynVens aims to be the first or second in market share in the textile company within 5 years. This is the goal set by the business's highest management in accordance with their corporate level plan fo the future of the business.
Answer:
Allocated MOH= $420
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (253,600/31,700) + 6
Predetermined manufacturing overhead rate= $14 per machine hour
<u>Now, we can allocate overhead to Job L716:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 14*30
Allocated MOH= $420
Answer:
<em>Traditional IRA</em>
Explanation:
A traditional IRA <em>is a form of personal retirement fund that allows tax advantaged growth in your earnings.</em> Only when you make withdrawals after retirement, you pay taxes on your investment returns.
Advantages include:
- You will subtract the full amount of your IRA allocation on your income tax return if you are not provided by a pension plan at work.
- There is no maximum limit on earnings.
Answer:
The correct answer is: operations management.
Explanation:
Operations management refers to the management of business practices within a company to achieve the highest possible level of quality, in an attempt to increase profit. There is a wide range of activities that fall under the category of operations activities. Among them, we can identify quality service assurance.
Answer:True
Explanation:
Because in any accounting rules, debit the receiver, credit the giver.
Debit what comes in, credit what goes out.
Debit all expenses and losses, credit all incomes and gains.