Answer:
Explanation:
Calculation for what The total of the product costs listed above for September is:
Direct materials $113,000
Add Utilities, factory $5,000
Add Indirect labor $25,000
Add Depreciation of production equipment $20,000
Add Direct labor $129,000
Total product costs $292,000
Therefore The total of the product costs listed above for September is: $292,000
Answer:
$24,000
Explanation:
It would cost $50,000, but is expected to bring an additional $24,000 of profit to the store every year for five years.
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Answer:
Check below for the Answer and Explanation
Explanation:
A. All the three costing which are Job order costing, process costing and activity based costing are the different types of concepts of costing as well as the different methods of costing.
B. JOB ORDER COSTING is a method of either assigning or allocating a cost to a specific unit product .
PROCESS COSTING is a method for assigning allocation of cost for mass quantity of product .
In ACTIVITY BASED COSTING cost is calculated on the basis of the activity, number of the activities and on the basis of classification of the activities.
C.Each of the three costing method which are job order costing, process costing and activity costing are costing that has their own benefits and shortfall in which No one can replace another or fulfill the deficiency of another because each of them costing method has their own different benefits and shortfalls.
The benefit is that for calculating the cost for a particular task or job the job order costing is been applied and for calculating cost on particular process the process costing is been applied while on calculating the cost of particular activity the activity based costing is been applied .
The shortfall of all these three are that no one can replace another one.
D. A well-supported proposal for the cost method Wet Suit World should use will be JOB ORDER COSTING.
Given:
Duration = 10 years
Yield to maturity = 10%
To find: Bond volatility.
Solution:
Volatility (in percentage) = Duration / (1+yield)
Now putting values in the formula,
10 / (1+10%)
10/ (1+10/100)
10/(1+0.1)
10/1.1 = 9.09%
So, bond volatility is 9.09%.
The key to selecting options from a range of alternatives is the decision-making process. The optimal choice can only be made after carefully analyzing all the options. If there is only one way to carry out a particular performance, no decision needs to be made.
When Nikki arrived at the student parking lot, she parked in the very first spot that became available. She estimated that the first open space had a $5 premium over all other possibilities because she didn't want to miss her exam. In this case, optimization in differences is used because she evaluates the variation in net benefits among the options.
<h3>What is IBM decision optimization?</h3>
You can use prescriptive analytics capabilities provided by IBM® Decision Optimization, a family of optimization technologies, to help you make better decisions and provide better business results.
<h3>How do managers make better decisions?</h3>
Before managers take any advice on how to make better decisions, they must recognize how decisions differ. Decisions vary along two dimensions: control and performance. Control considers how much we can influence the terms of the decision and the outcome. And performance addresses the way we measure success.
Learn more about primary role of a manager is to make good decisions:
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