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IgorC [24]
3 years ago
12

Within a an organizational structure, the person most likely to be evaluated in terms of controllable costs would be:___________

.
a. A cost center manager.
b. A production line worker.
c. A graphic designer.
d. A payroll clerk.
e. A maintenance worke
Business
1 answer:
Stella [2.4K]3 years ago
5 0

Answer:

a. A cost center manager.

Explanation:

Cost center managers would be responsible for the transactions that are charged to the center. Here the managers would be responsible for creating the revenue budget and expenses for the cost center that should be on an annual basis

So according to the given situation, the controllable cost would be evaluated based on the cost center manager

hence, the option a is correct

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Identify whether a debit or credit results in the indicated change for each of the following accounts.
Maksim231197 [3]

Answer:

a. To increase Land - Debit

b. To decrease Cash - Credit

c. To increase Fees Earned (Revenues) - Credit

d. To increase Office Expense - Debit

e. To decrease Unearned Revenue - Debit

f. To decrease Prepaid Rent - Credit

g. To increase Notes Payable - Credit

h. To decrease Accounts Receivable - Credit

i. To increase Common Stock - Credit

j. To increase Store Equipment - Debit

Explanation:

Debit gives details of spending, sum owed , amount to balance which is usually recorded to the left side of an account entry book while credit gives the details of income, amount earned or made on sale, spending cut and revenue and is usually placed to the right hand column of an account entry.

8 0
3 years ago
State licensing helps ensure that professionals
Bingel [31]

Answer:

are qualified in there industry

Explanation:

that's what my quiz said was right

7 0
3 years ago
The cost of overestimating demand is usually harder to determine than the cost of underestimating demand. Group of answer choice
forsale [732]

Answer:

The statement is: False.

Explanation:

In supply chain management, incremental analysis is in charge of determining the cost of ordering one more additional unit of a product over the cost of no requesting that additional unit. The cost of overstimulating demand is the loss of ordering one additional unit and discovering that it cannot be sold. The cost of underestimating demand is the opportunity loss for nor requesting one additional and discovering it could have been sold.

<em>The cost of underestimating demand is more difficult to determine than the cost of overestimating demand because underestimating demand because it involves customer's desires</em> on purchasing a product when not having the resources to do so.

8 0
3 years ago
During 2018, businesses may elect to immediately expense up to $__________ of qualified real property placed in service that yea
alex41 [277]

Answer:

$1 million

Explanation:

Section 179 deduction of the IRS code was enacted to help small business owners take depreciation deductions for certain assets ( capital expenditure I.e. the money spent on acquiring and maintaining fixed assets such as buildings and equipments ) in one year rather than continuous depreciation over a long period of time.

The new law increased the maximum deduction from $500,000 to $1 million.

For example: lets say you buy a computer for your office, under section 179 you can deduct the full cost of your computer in one year. This a very okay because the life span of your computer is short

5 0
3 years ago
Perdue Company purchased equipment on October 1 for $55,060. The equipment was expected to have a useful life of three years, or
zhenek [66]

Answer:

$13,300 for each of the four years

Unit of output

$9800

$18900

$16100

$8400

double declining

27530

13765

6882.5

3441.25

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

( $55,060 - $1,860) / 4 = $13,300 each year

Activity method based on hours worked = (hours worked that year / total hours of the machine) x  (Cost of asset - Salvage value)

( $55,060 - $1,860) / 7600 = 7

year 1 = 7 x 1400 = 9800

year 2 = 7 x 2700 = $18900

year 3 = 7 x 2300 = $16100

year 4 = 7 x 1200 = $8400

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2/4 = 0.5

Year 1 = $55,060 x 0.5 = 27530

book value =  $55,060 - 27530 = 27530

year 2 = 27530 x 0.5 = 13765

book value = 27530 - 13765 =  13765

year 3 =  13765 x 0.5 = 6882.50

5 0
3 years ago
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