Answers:
The correct answer is 1. a) is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions. 2. d. budgeted income statement.
Explanation:
To begin with, a budget is an estimate of the expected results of a specific area in a given period, mainly one year. For its part, the master budget is a plan that covers all areas of the company, and can be adjusted depending on the situations or events that influence the achievement of results. This tool allows a projection of the expected returns taking into account a previous base and the current situation of the sector in which it is located, which is why it is important because it allows drawing a road map for the benefit of all collaborators.
Answer:
$6.91 per direct labor hour
Explanation:
Given that,
Estimated direct labor = $2,640,000
Estimated direct labor hours = 220,000
Factory overhead = $1,520,000
Actual overhead costs = $1,220,000
Therefore,
Predetermined overhead rate:
= Estimated overhead cost ÷ Estimated direct labor hours
= $1,520,000 ÷ 220,000 hours
= $6.91 per direct labor hour
Answer: Option B
Explanation: In simple words, multilateral world culture refers to the culture in which different communities are considered to be independent to follow their culture and norms.
In such a system , the world accepts and runs on different culture with other economic activities running on some different agenda. Recent trends have shown that world has been going toward this system as most of the Asian countries are now accepting the western culture and vice versa.
Answer:
C) Increase, quantity demanded will decrease and quantity supplied will increase.
Explanation:
When supply and demand curves intersect, we say the market is in equilibrium. That is, quantity demanded and quantity supplied are equal. Price relating to this, is referred to as equilibrium price and its quantity; equilibrium quantity.
If market price is above equilibrium price, quantity supplied will definitely be bigger than quantity demanded, causing a surplus. Also called excess supply. Ultimately, market price will decrease. But if market price is below equilibrium price, quantity supplied will appear to be less than quantity demanded, causing a shortage which can also mean excess demand. Market price at this point, will rise to contain the shortage.
When the price of a product is raised, the quantity demanded for that product will decrease until it reaches equilibrium level. Shortages increase the quantity demanded. If there is a surplus, price must reduce to attract quantity demanded and reduce quantity supplied until the surplus is removed. When there is a shortage, price must increase in order to attract supply and reduce the quantity demanded until there isn't any shortages
I feel as though it speaks to trust in your relationship. If you are able to communicate boundaries and come up with what works for you and your spouse, you will gain that trust. With trust you also gain safety and security in a relationship.
The processes of setting up a budget, saving money, making investments, and spending are all examples of money management. The phrase can also be used to refer more specifically to portfolio and investment management.
Money management, sometimes known as investment management, is the process of keeping track of expenses, investing, setting a budget, banking, and assessing taxes on one's money. A strategic approach to managing money is to ensure that every dollar spent generates the maximum possible return on investment.
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