It should disclose all the terms and conditions, otherwise the purchase agreement wouldn't be binding.
Answer:
The last one.
We had to ration the food to make it last the whole week.
Explanation:
Look up the meaning of ration and it'll make sense.
Answer:
Pine Street should sell finished bookcases.
Explanation:
Differential analysis
Sell unfinished Process further Net income
Increase (decrease)
Sale price per unit 58.09 73.08 14.99
<u>Cost per unit</u>
Variable 37.97 44.61 -6.64
Fixed 10.12 10.12 0
Total 48.09 54.73 8.35
Net income per unit 10 18.35 8.35
So, the book cases should be sold after processed further.
Answer:
According to the flexible budget, income from operations will increase from $557,000 to $915,000 if the units sold increase from 15,000 to 18,000 during 2017.
Explanation:
sales revenue should increase to $4,050,000
cost of goods sold should increase to: ($2,237,000)
- direct materials $1,260,000
- direct labor $180,000
- machinery repairs $54,000
- depreciation (fixed) $315,000
- utilities $228,000
- management salaries $200,000
gross profit $1,813,000
S&A expenses increase to: ($898,000)
- packaging $72,000
- shipping $108,000
- sales salaries (fixed) $260,000
- advertising expense (fixed) $127,000
- adm. salaries (fixed) $241,000
- entertainment (fixed) $90,000
income from operations $915,000
Answer: Controlling function
Explanation: Controlling refers to that function of management in which the managers tries to make the actual results from the operations closer to the set standards in the planning stage.
This is done by comparing the actual performance with the set standards and taking corrective action in case of any discrepancy.
Thus, from the above we can conclude that the manager is doing the controlling function.
