THE PURCHASING MANAGER is the one who is responsible for the material price variance because he is the one in charge of buying materials that are needed for production at competitive prices. THE PRODUCTION MANAGER AND THE SUPERVISORS are the one who is responsible for the material quantity variance and the labor efficiency variance.
Answer:
1. Requires substantial resources.
2. produces different numbers than a traditional system.
3. Is costly to maintain.
Explanation:
Activity-based costing (ABC) system is a method of accounting assigns the total cost of activities such as manufacturing overhead costs and indirect costs necessary to produce a product or provide a service.
Basically, an activity-based costing (ABC) system is focused on the cost drivers associated with the respective activities, which are responsible for cost to be incurred. The cost drivers are activities such as direct labor, purchase order, machine use etc.
<em>Hence, an activity-based costing system requires substantial resources, produces different numbers than a traditional system and is costly to maintain.</em>
Answer: $45,000
Explanation:
Given that,
Accounts receivable = $ 5,000
Sales revenue = $75,000
Cash = $15,000
Salaries and wages expense = $20,000
Rent expense = $10,000
Net income = Sales revenue - Salaries and wages expense - Rent expense
= $75,000 - $20,000 - $10,000
= $45,000
The appropriate response is rumination. It is the centered consideration around the manifestations of one's misery, and on its conceivable causes and results, instead of its answers. Both rumination and stress are related with uneasiness and other negative passionate states; be that as it may, its measures have not been bound together.
Answer:
The simplest filing form used by the IRS is Form 1040EZ
Explanation:
If a person earns less than $100,000 a year (Robert only earns $12,523), and doesn't have any dependents (Robert is single and apparently has no kids), he/she can file taxes using the Form 1040EZ. Only wages, salaries, tips, taxable interest of $1,500 or less, unemployment compensation and Alaska permanent fund dividends can be included in Form 1040EZ (Robert surely applies), other types of income must be filed using other forms.
