The Objective-&-Task Method determines the budget required to undertake specific tasks to accomplish communication objectives.
The objective and the task method is a type of method that is used in the business environment whereby a business would set a particular amount of money to its budget in order to achieve specific objectives.
The business would do this instead of just choosing an amount or using sales revenues alone to make budgets.
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Answer:
100%
Explanation:
Mark-up is the difference between selling price and cost price
Selling price =$99.00
Cost price = $49.50
Mark up = $99- 49.50
=$49.50
As a percentage
= $49.50/$49.50 x 100
= 1 x 100
= 100%
Absorption costing is a managerial accounting method for capturing all costs associated with the manufacture of a particular product. Absorbed cost, also known as absorption cost, is a Contribution Margin accounting method that includes both the variable and fixed overhead costs of producing a particular product. Knowing the full cost of producing each unit enables manufacturers to price their products.
Contribution Margin per unit = Contribution Margin / Units Sold
Contribution Margin per unit = $1,424,000 / 8,900
Contribution Margin per unit = $160
Breakeven Point in units = Fixed Costs / Contribution Margin per unit
Breakeven Point in units = $1,360,000 / $160
Breakeven Point in units = 8,500
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In case You are receiving an shipment and come across a box of shaving cream, what you should do are:
- receive the shaving cream.
- secure it with bubble wrap after scanning it in
- note as flammable on your workstation
<h3>What is shipping?</h3>
Freight transport can be described as the physical process of transporting commodities as well as merchandise goods.
It should be noted that most of the online store do make us e of the shipping process to make the goods as well as the services that is been ordered online to get to where the customer is , however shipping originally referred to transport by sea,
It should be noted that In case You are receiving an shipment and come across a box of shaving cream, what you should receive the shaving cream then secure it with bubble wrap after scanning it i and note as flammable on your workstation.
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<u>Solution and explanantion</u>
To record the assignment of overhead to the assembly and finishing department, debit the work in process assembly department, debit the work in process finishing department and credit manufacturing overhead as below:
date Particulars Debit Credit
Work in process – assembly department 71040
Work in process – finishing department 29440
Manufacturing department 100480
<u>Working note:
</u>
Labor cost assigned to assembly = $44400
Labor cost assigned to finishing = $62800 minus 44400 = $18400
Manufacturing overhead assigned to assembly =
Manufacturing overhead assigned to fiishing =