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Fantom [35]
3 years ago
5

The purposes of managerial accounting are to provide useful information to aid in: (You may select more than one answer. Single

click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
a. reviewing past activities

b. determining costs of products and services

c. determining costs of employee wages and salaries

d. comparing actual to planned results
Business
1 answer:
SVEN [57.7K]3 years ago
4 0

Answer:

b. determining costs of products and services

d. comparing actual to planned results

Explanation:

The purposes of the managerial accounting are to provide useful information to helps in reviewing past activities and for determining the costs of goods and services. Its provides information to compare the actual results to planned results. Also, it determines the costs for a product pricing, the profitability analysis and the helps in making decision whether to make or buy a product.

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Au Sable Corporation reported taxable income of $760,000 in year 2 and paid federal income taxes of $176,500. Not included in th
butalik [34]

Answer:

$726,500

Explanation:

The computation of current earnings and profits for year 2 is shown below:-

current earnings and profits for year 2 = Profit as per Income Tax - Penalty disallowed + Life insurance proceed - Tax Expenses

= $760,000 - $42,000 + $185,000 - $176,500

= $945,000 - $42,000 - $176,500

= $726,500

Therefore we have applied the above formula to reach out the current earnings and profits for year 2.

5 0
3 years ago
Why is place mix regarded as an important element of marketing mix ? How does the consideration related to market have an impact
Paha777 [63]

Answer:

is d

Explanation:

6 0
3 years ago
Read 2 more answers
Wildhorse Construction Company had a contract starting April 2021, to construct a $24900000 building that is expected to be comp
jek_recluse [69]

Answer:

The construction in process amount reported at December 2021 is $13,695,000

Explanation:

In this question, we are asked to state the amount the company will report construction in the process of.

Firstly, we calculate the profit = Total contract price - Expected costs of contract = $24,900,000-$22,900,000 = $2,000,000

The profit in percentage of cost is; 2,000,000/22,900,000 = 8.73%

The costs incurred in 2021 is $12,595,000

The proportionate profit = 12,595,000 * 8.73 = $1,100,000

The construction in process at December 2021 = Cost incurred + Proportionate profit = 12,595,000 + 1,100,000 = $13,695,000

3 0
3 years ago
True or false: Control involves developing goals and preparing various budgets to achieve those goals. True false question. True
kramer

True or false: Control involves developing goals and preparing various budgets to achieve those goals. True false question.  <u>False</u>

<h3>What is goal?</h3>

A goal is a vision for the future or a desired outcome that an individual or group of individuals commits to envisioning, planning, and achieving. By creating deadlines, people attempt to accomplish goals within a certain amount of time.

A goal is akin to a purpose or aim, the anticipated outcome that directs behavior, or an end, which is a thing, whether it be a tangible thing or an abstract thing, that has inherent value.

To learn more about goal from the given:

brainly.com/question/1512442\

#SPJ4

8 0
1 year ago
Sabrina owns a cosmetics company. her company has recently developed a range of beachwear make-up products. when the marketing d
Verdich [7]

Answer:

Noise

Explanation:

In advertising, "noise" is something that distracts from your message. The beaches are noise because Sabrina feels that they distract from showing the makeup products.

6 0
3 years ago
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