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2 years ago

12

The different types of information systems that have been developed to support certain aspects and types of decisions are collec

tively called _____ systems.

1 answer:

choli [55]2 years ago

3 0

Answer:

Management Support System

Explanation:

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How does the automated system improve the efficiency and timeliness of financial <br> statements?

stich3 [128]

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3 years ago

In what areas is Leslie's overspending hurting her budget?

Rus_ich [418]

Answer:

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Explanation:

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3 years ago

Read 2 more answers

Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

noname [10]

Answer:

The net operating income for the month under variable costing is $11,550

Explanation:

In order to calculate The net operating income for the month under variable costing for Farron Corporation we would have to make the following calculations:

According to the given data:

i) Direct Material=$32

ii) Direct labor=$74

iii) Variable manufacturing overhead= $20

Hence, Variable costing unit product cost (i + ii + iii)= $126

A) Sales ($168 per unit * 9250 units sold)=$1,554,000

B) Less variable expenses:

Variable cost of goods sold

($126 per unit * 9250 units sold)=$1,165,500

Variable selling and administrative

($24 per unit × 9250 units) $222,000 $1,387,500

C) Contribution margin (A – B)=$166,500

D) Less : fixed expenses

Fixed manufacturing overhead= $144,750

Fixed selling and administrative $10,200 $154,950

E) Net operating Income ( C-D)=$11,550

The net operating income for the month under variable costing is $11,550

4 0

2 years ago

The town of Smallsville is considering building a museum. The interest on the money Smallsville will have to borrow to build the

mestny [16]

Answer: See explanation

Explanation:

a. This has been solved and attached.

Note that the net benefits was calculated as:

= Marginal benefit - $200

b. Looking at the table and information provided in the attachment, we would see that no company offer to build the museum because since their cost of $1000 can't be covered by the revenue generated. The highest revenue gotten for the single price monopolist is $760 and this can't even cover their cost.

c. Based on the scenario given in (c), the highest revenue the price discriminating monopolist would make is $1200 and coupled with the fact that the cost is $1000, the maximum bid that a private company would make to supply the museum to Smallsville is $200 ($1200 - $1000)

7 0

2 years ago

"Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $460,000. In addition to the purchase price, FVI makes the follow

Artyom0805 [142]

Answer:

Cost of land = $519,000

Explanation:

<em>According to International Accounting Standards (IAS) 16, property plants and equipments, the cost of land includes all of the cost necessary to bring and make it ready for the intended use. </em>

<em>These costs include purchase cost, fees and commission associated with the purchase transaction. </em>

<em>Further more, included in the historical cost are the net demolition cost of old structure to prepare the land for use. Net cost here means cost of demolition less any incidental proceed from the old structure.</em>

Note that all the costs incurred by FVI as reported all fall into the above definition of cost of land.

Therefore the cost of the land would be

=460,000 + 26,000 + 1,600+ 5,400 + 26,000

= $519,000

5 0

3 years ago