Answer:
I currently work for a company that provides services to other businesses (B2B), and we work on a yearly contract base. Since it's a B2B we don't have a lot of customers, they are only 11, but each customer is very important to us.
The sales process and contracts for the next year are usually finished by November and at that time we must prepare a cost budget. The main problem we are currently facing is that we use some imported goods and since many tariffs have been increasing, there is a lot of uncertainty about future prices.
When you import goods and use the FOB destination, the seller is responsible for delivering the goods up to a port of entry, but we are responsible for the paperwork and applicable tariffs. Since tariffs increase during a few months and then decrease, and then increase again depending on the president's mood, our budget has a large percentage of "just in case".
Besides that problem with imports, our company also signs yearly contracts with most of the employees depending on the number of contracts and workers needed. We are very good at estimating overhead expenses, since experience is a great teacher in our specific case.
If we didn't have the problem with uncontrollable external factors (tariffs), prior jobs help us to determine budgets that are usually quite exact, our variance (either + or -) is usually less than 3%.
Answer:
Profit decrease = $6,000
Explanation:
As per the data given in the question,
a)
Calculation for buying and making product :
Particulars Per unit Differential cost 22,000 units
Make Buy Make Buy
Cost of buying $44.50 $979,000
Cost of making :
Direct material $5.60 $123,000
Direct labor $6.00 $132,000
Variable manufacturing
overhead $3.6 $79,200
Fixed manufacturing
overhead $4 $88,000
($12 × 1 ÷ 4)
Opportunity cost $551,600
Total cost $19.2 $44.50 $973,800 $979,000
b) As we can see that the Profit is decrease by $6,000 in case of outside supplier offer accepted by taking the difference between the making and buying cost i.e
= $979,000-$973,800
= $6,000
Answer:
Glass ceiling.
Explanation:
The glass ceiling is the barrier that keeps ladies and minorities from ascending to the best positions in a company.
The glass ceiling effect is the protection from the endeavors of ladies and minorities to achieve the best positions in real organizations.
Within the same concepts of the other terms surrounding the workplace, there are similar terms for restrictions and barriers concerning women and their roles within organizations and how they coincide with their maternal duties.
Answer:
d. All of the last 12 payments he received are taxable.
Explanation:
In the case when the life expectancy is 180 months and collected 192 payments prior he died
So according to the question, all the 12 payments would be received are taxable
Here the payment that received for 180 months would not be involved in the gross income and the remaining 12 payment would be taxable
Therefore the option d is correct
