The correct answer is layers of management. Layers of
management is defined as a centralized, bureaucratic organization structure by which
it is composed of three levels of management that are; top-level, middle level,
and first level managers that are less top level managers.
Answer:
$850,000
Explanation:
Total Hours of Department 1=$80,000+$90,000
=$170,000/$200,000*1000,0000
Answer:
The correct answer is letter "D": FICA.
Explanation:
The FICA (<em>Federal Insurance Contributions Act</em>) is a U.S. law that requires a paycheck deduction to be paid to <em>Social Security</em> and <em>Medicare</em>. Employers and employees share half the payment unless an individual is self-employed meaning the full amount must be covered by that person.
Answer:
$288 (F)
Explanation:
In order to calculate activity variance we subtract actual results from the flexible budget. Moreover, the flexible budget is determined by taken into account both fixed and variable expense of the activity. This is shown below:
Flexible Budget of Selling and Administrative Expense = 25,900 + (2.1 x 5,980) = $38,458
Variance = 38,170 - 38,458 = $288 (F)
Because the actual expense is less than the flexible budget, the variance is favorable (F).
Note: Variable flexible budget is calculated by multiplying the variable rate with the actual units produced.
Answer:
B.
Explanation:
The checking account is also known by other names such as current account, transaction account, etc. This account helps in immediate access by the owner of the account for transactions. This account is used for immediate transactions when the owner use a debit card, or withdraws cash.
<u>In the given case, the money will be deducted from the checking account or current account when he use the debit card</u>.
Therefore the correct answer is option B.
