Answer:
Which of the following is most likely to be true?
A
Explanation:
A) It will be difficult to find a rent-controlled apartment in Albany or Halftrack; rents for the Halftrack apartments not subject to controls will be higher than they would be without rent control
The correct option is, (d) study all of its internal resources with an understanding of which capabilities offer value to meet the needs of U.S., Japanese, European, and Korean automakers.
<h3>What will happen in theory if a company is able to align its strategy and structure?</h3>
- A business is debating altering its organizational structure in order to capitalize on a consumer trend.
- The business recognizes the potential revenue that could result from this new consumer behavior, which is very profitable.
<h3>Which of the following is an example of an intangible company resource?</h3>
- Trademarks, goodwill, and patents are a few examples of intangible assets.
<h3>Why is IT important for a company to align its IT strategy to business strategy?</h3>
- IT strategy and business goals should be coordinated to ensure that everyone is on the same page and working toward the same objectives.
- This helps to guide and inform decision-making.
- IT systems are more likely to be useful, well-used tools when they are chosen and implemented in accordance with an organization's strategic goal.
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Answer:
Entries are given below
Explanation:
Calculations
Cash = ($68,000 x 90%) - ($68,000 x 2%)
Cash = $61,200 - $1,360
Cash = $59,840
Loss on sale = ($68,000 + $3,800) - ($59,840 +$5,800)
Loss on sale = $71,800 - $65,640
Loss on sale = $6,160
Entries
DEBIT CREDIT
Cash $59,840
Loss on sale $6,160
Receivable from factor $5,800
Recourse liability $3,800
Receivables $68,000
Answer:
d.total factory overhead cost variance.
Explanation:
In manufacturing accounting, at the beginning of the period, manufacturing overheads (i.e. costs other than Direct Material and Direct Labor) has been applied to Work-in-process using a predetermined overhead rate. At the end of the period, if the manufacturing overhead account shows a debit balance, that signifies that overhead has been under-applied (i.e. the manufacturing overhead cost applied to work in process is <u>less </u>than the actual manufacturing overhead cost for the period), and contrariwise if the manufacturing overhead account shows a credit balance, it means the overhead is over-applied (i.e. the manufacturing overhead cost applied to work in process is <u>more </u>than the actual manufacturing overhead cost for the period). In any case this balance warrants an adjustment to close out the books, by transferring it to the cost of goods sold account.
