Risk management is an organized strategy for protecting assets and people and is considered a ____

If two smokers are living in a residence, how often should their carpets be cleaned during extremely cold weather?

drek231 [11]

Answer:

im not sure based off of research, but based off of experiance, either a or b.

Explanation: there would be a lot of build-up after more than that.

i apologize if i am incorrect

8 0

3 years ago

Assets acquired in a lump-sum purchase are valued based on. Their assessed valuation. Their relative fair values. The present va

Nadusha1986 [10]

Answer:

Their relative fair values

Explanation:

The relative fair value method is mainly used in the determination of straight debt that is similar, warrantee, or tradable options. When different assets have been purchased, it is common for their purchase prices not to separate individually out the total cash that would be paid for these assets. But these assets will be most likely to be depreciated at rates that are not similar. Therefore, the relative fair value method will be the best and most effective technique that would be used in the allocation of total purchase costs for each of the available assets. This technique will depend mainly on the appraised fair market value for the assets being considers. The goal, in this case, is to allocate the total cost of purchasing through the use of relatively reasonable value methods as the main formula.

Asset allocation = (Purchase Cost) * (Asset FMV/Total FMV)

Where FMV is the Fair Market Value

Usually, a lump-sum purchase will occur where different assets have been acquired mainly from a similar price. Therefore, each of these assets will have to be recorded differently (fixed assets), specifically in an accounting record. To this, the purchase price will be allocated among the available assets acquired based mainly on the fair market values. Relative fair market value can be considered as a method of valuations in consideration of the assets of an acquired –business. In this case, a basket purchase price (lump sum) will be allocated to these assets. All the assets will be treated as a group. As a result, the relative fair value can help investors, particularly when it comes to choosing among different investments, particularly those that are available at any given time. The method will look mainly at relevant management, economic data, and footnotes, which are essential in the assessment of value relative of any given stock to its peer.

5 0

3 years ago

Northern Pacific Fixtures Corporation sells a single product for $28 per unit. If variable expenses are 65% of sales and fixed e

Lemur [1.5K]

Answer:

the break even point is $28,000.00

Explanation:

The computation of the break even point is given below:

= Total fixed expenses ÷ contribution margin ratio

= $9,800 ÷ (1 - 0.65)

= $9,800 ÷ 0.35

= $28,000.00

Hence, the break even point is $28,000.00

We simply applied the above formula

6 0

3 years ago

Haden Company has determined that the standard material cost for the silk used in making a dress is $27.00 based on three square

Kruka [31]

Answer:

$3,600 unfavorable

Explanation:

Given:

Standard material price = $9 per square foot

Actual material price = $9.2 per square foot

Standard material = 3 square feet

Standard material allowed = 1,000 × 3 = 3,000 square feet

Actual material used = 3,400 square feet

Direct material quantity variance = (Standard material allowed - Actual) × Standard price per unit

= (3000 - 3400) × 9

= $3,600 unfavorable

Actual material used is more than standard material allowed, so variance is unfavorable.

6 0

4 years ago

St. Kilda Enterprises produces parts for the electronics industry. The production manager and cost analyst reviewed the accounts

SOVA2 [1]

Answer:

a. Budgeted production cost for next month is $ 487,900

b Total production cost per unit for the previous month - $ 31.16 per unit

Total production cost per unit for the next month - $ 30.02 per unit

Explanation:

Computation for production cost for previous month

Variable manufacturing overhead $ 48,000

Direct Labor $ 187,500

Direct materials $ 92,500

Total variable costs $ 328,000

Fixed manufacturing overhead $ 61,500

Total manufacturing costs $ 391,500

No of units produced 12,500

Variable cost per unit ( $ 328,000 / 12,500) $ 26.24 per unit

Fixed cost per unit $ 4,92 per unit

Total production cost per unit for previous month $ 31.16 per unit

Computation of total production cost for next month

Variable production costs per unit $ 26.24 per unit

Budgeted production 16,250 units

Total variable production costs for next month

$ 26.24 per unit * 16,250 units $ 426,400

Add: Fixed production costs $ 61,500

Total production costs for next month $ 487,900

Computation or per unit cost for next month

Total production cost/ No of units budgeted

$ 487,900/ 16,250 = $ 30.02 per unit

6 0

4 years ago

Risk management is an organized strategy for protecting assets and people and is considered a _____.