activities included in a generally accepted definition of management accounting include planning, organizing, controlling.

Answers

Answer 1

Activities included in a generally accepted definition of management accounting include planning, organizing, controlling.

Managers use accounting data to help with decision-making, management, and the execution of their control functions. This practice is known as management accounting.

Giving managers information for making financial and non-financial decisions is one straightforward definition of management accounting. In other words, management accounting aids in decision-making for directors inside an organization.

Another name for this is cost accounting. This is how data is differentiated, examined, analyzed, and imparted to managers to support the achievement of organizational objectives.

The information acquired covers every area of accounting that instructs management on how to link company activities to the organization's financial outlays and decisions. Plans are used by accountants to evaluate an organization's overall operational strategy.

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Related Questions

Give two examples of potential trade-offs of a high real GDP per capita

Answers

"Trade-off" is used in economics to mean the fact that budgeting inevitably involves letting go some of X to get more of Y. Read below about the examples of potential trade-offs.

What are the examples of potential trade-offs of a high real GDP per capita?

The following are the examples of potential trade-offs of a high real GDP per capita:

Somebody giving up the intent to see a movie to reading for a test in order to get a good grade. The opportunity cost is the cost of the movie and the enjoyment of seeing it.A business owns its building. If the organisation moves, the building could be rented to another. The opportunity cost of staying there is the amount of rent the organization would get.

Therefore, the correct answer is as given above

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Can u give me a list of ethical products that can start a business?
also give me list of creative inventions

Surely guys, if you answer this, you will get a noble prize and you are getting 50!!!!! POINTS, COME ON Answer this, please give good answers please!

Answers

Narcotics are very profitable nowadays since most people like to escape reality and go into a different reality where things aren’t as bad as the real world, also starting your own merch such as shirts aren’t too bad to start with or candy

Under the consumer Credit Protection Act, if you report your credit card
lost or stolen within 30 days, your liability is limited to:
A. $25
B. $50
C. $100
D. $200

Answers

b. 50$


hope this helps:) have a good day

Suppose that the U.S. government decides to charge cola consumers a tax. Before the tax, 25 billion cases of cola were sold every year at a price of $5 per case. After the tax, 18 billion cases of cola are sold every year; consumers pay $6 per case (including the tax), and producers receive $3 per case.

The amount of the tax on a case of cola is ___________ $ per case. Of this amount, the burden that falls on consumers is __________$ per case, and the burden that falls on producers is ____________$ per case.

The effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.

a. True
b. False

Answers

Answer:

$1

$2

false

Explanation:

A tax is a compulsory sum levied on goods and services by the government. Taxes increases the price of goods

Tax = amount consumers pay - amount producers receive

$6 - $3 = $3

Tax paid by consumers = Price after tax - tax before tax

$6 - $5 = $1

Amount received by producers = tax - tax paid by consumers

$3 - $1 = $2

b) Find the standard deviation and the coefficient of variation of the following data. 25 Marks Interval Frequency Interval Frequency 3.00-3.25 6 4.00-4.25 47 3.25-3.50 19 4.25-4.50 29 3.50-3.75 35 4.50-4.75 15 3.75-4.00 44 4.75-5.00 5

Answers

The standard deviation is 0.4182 and the coefficient of variation is 10.5%.

Given the following data Interval Frequency 3.00-3.25 64.00-4.25 473.25-3.50 194.25-4.50 293.50-3.75 354.50-4.75 153.75-4.00 445.00-4.75 5 The formula for finding the standard deviation is:\($$ \sigma =\sqrt{ \frac{\sum f(x-\overline{x})^2}{N}} $$\)

The table below shows the calculation; Interval \($X$ Midpoint ($X_i$)\) Frequency \(($f$) $x-\bar{x}$ $f(x-\bar{x})$ $(x-\bar{x})^2$ $f(x-\bar{x})^2\)

$3.00-3.25 3.125 6 -0.725 -4.35 0.525625 3.153.25-3.50 3.375 19 -0.475 -9.025 0.225625 4.279.50-3.75 3.625 35 -0.225 -7.875 0.050625 1.773.75-4.00 3.875 44 0.025 1.1 0.000625 0.274.00-4.25 4.125 47 0.275 12.925 0.075625 3.554.25-4.50 4.375 29 0.525 15.225 0.275625 7.994.50-4.75 4.625 15 0.775 11.625 0.600625 9.01.75-4.00 4.875 5 1.025 5.125 1.050625 5.25 \($\sum f=200$  $\sum f(x-\bar{x})= 3.15$  $\sum f(x-\bar{x})^2= 35.01$\)

The variance is: \($ \sigma^2 =\frac{\sum f(x-\overline{x})^2}{N} $$\sigma^2=\frac{35.01}{200}=0.1751$\)

Therefore, the standard deviation is: \($$ \sigma=\sqrt{ \sigma^2} $$$ \sigma=\sqrt{ 0.1751}=0.4182$\)

The formula for finding the coefficient of variation is:$$ C.V = \(\frac{\sigma}{\overline{x}} \times 100\% $$\)

The coefficient of variation is:$$ C.V = \(\frac{0.4182}{3.985} \times 100\% $$$C.V = 10.5\%$\)

Therefore, the standard deviation is 0.4182 and the coefficient of variation is 10.5%.

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Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from 7.61 on December 31, 2018, to 7.82 on June 30, 2019, what would the implied earnings yield be?

Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from
Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from

Answers

The implied earnings yield be 4.1%.

Thus, the correct option is B.

What do you mean by earnings?

The net advantages of a corporation's operations are its earnings. Additionally, earnings are the source of corporation tax obligations.

EBIT and EBITDA are two additional terms that are more specifically utilized for a study of certain areas of company operations. There are other other names for earnings that are frequently used, including income and profit.

Earnings are the sum of money that a person or organization receives over a specific time period.

They can be found on an income statement for a business and are used to gauge how profitable it is. Better financial performance is typically indicated by higher recurring earnings, which can also have a beneficial effect on stock values.

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Would you want to work for a company that has chosen to be a conscious marketer? Why or why not? Support your decision by discussing at least one positive and one negative about working for this kind of company.

Answers

Answer:

You would want to work for one because it had a lower chance of getting closed or loosing money. A positive is wiser spending. A con is not taking all the risks.

Explanation:

Hope this helps!

what are the two most common levels of education for Urban and Regional Planners? Select two options. master's degree associate degree some college, no degree bachelor’s degree

Answers

The two most common levels of education for Urban and Regional Planners are:

c. college degreee. bachelor’s degree

What is the role of Urban and Regional Planners?

Basically, an urban & regional planning refers to the art and science of ordering land use development for the social, economic and political benefits of the population. Its involves a technical and political process that is focused on the development and design of land use and the built environment including air, water and the infrastructure passing into and out of urban areas such as transportation, communications, distribution networks, accessibility etc.

Most of the urban and regional planners develop a land use plans and programs that help create communities, accommodate population growth and revitalize physical facilities in towns, cities, counties, and metropolitan areas.

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SBA a business from any of the THREE sectors and conduct a research using newspaper clips, business articles, any business magazines, News 24 and a other business websites to answer the following Research (Part A) for your Select a business business questions. (Collect FIVE resources) must be NB After choosing the sector you able to motivate your answer then provide picture/ newspaper article of the business -You must identify challenges experienced by the business and classify those challenges according to the three Business Environments and state the extent of control.​

Answers

Selecting a business from one of the three sectors, conducting research using newspaper clips, business articles, any business magazines, News 24, and other business websites to answer research (Part A) questions. This article will discuss the challenges faced by the business and classify them based on the three business environments. The business selected for this research is Sasol, which belongs to the primary sector. Sasol is an integrated energy and chemicals firm with operations in over 30 countries and more than 30,000 employees. It mines coal and convert it into synthetic fuels and chemical feedstock. Sasol operates in a challenging environment, and it faces many challenges. However, in this research, we will discuss the most important challenges faced by Sasol. The following are the difficulties Sasol faces: Environmental challenges: Sasol is a large company, and it emits greenhouse gases, which affect the environment. Furthermore, environmental regulations have become more stringent, which is a significant challenge for the company. Sasol must adhere to environmental regulations, which will impact its operations. Sasol must also protect its reputation, which is critical to its success. Sasol should be proactive in responding to environmental challenges by investing in renewable energy and ensuring that it adheres to environmental regulations. Economic challenges: Sasol faces economic challenges, including fluctuating oil prices, currency volatility, and rising operating costs. These issues are beyond the company's control, and they can have a significant impact on Sasol's financial performance. Sasol must adapt to economic changes by diversifying its revenue streams and improving its operational efficiency. Social challenges: Sasol faces social challenges such as workforce diversity, employee engagement, and community relations. Sasol must address these challenges by fostering a diverse and inclusive culture, promoting employee engagement, and engaging with the community. Sasol must also ensure that its business practices align with the expectations of its stakeholders, including customers, employees, and investors. In conclusion, Sasol faces many challenges, which can be classified into three categories: environmental, economic, and social. Sasol has limited control over some of these challenges, but it must be proactive in responding to them to ensure its long-term success.

A business that you can select for this analysis is the importation of cars into a country. Some challenges that may affect the importation of cars include import duties and trade agreements between nations.

What are business challenges?

Business challenges refer to those problems that are encountered by entrepreneurs who want to go into any area of trade. For those into the importation of cars and other such items, excessive import duties might be limiting to them.

They may also experieice trade agreements sbetween nations and rising forex that amy not be favorable for trade.

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which of the following is a collaboration of software​

Answers

Answer:

I dont see anything

Explanation:

Darwin is a 60-year-old software engineer for Compuswerve, Inc. Recently, the company went through a reorganization process meant to revamp the business and the work it does. The directors want to rework the company as a fresh, hip business with cutting-edge knowledge from young, creative-minded employees. Obviously, Darwin doesn’t fit into the directors’ vision, so the managers wish to replace him. Sure enough, a few weeks later Compuswerve hires some new employees, and Darwin is offered a severance plan and dismissed. Which of the following, if true, would legally support the company’s decision to fire and replace Darwin? Check all that apply. if the company had fewer than 20 employees if the company was a private (non-governmental) organization if Darwin was unable to perform the essential functions of his job if Darwin planned to retire in less than five years if Darwin had another job offer elsewhere if Darwin needed a reasonable accommodation to perform his job due to a disability if there were more highly skilled workers in the organization who could take his place

Answers

Answer:

pilin entonces pilinn


Mark wants to add a splash of color to his suit with a new pocket square. He finds that the blue and the teal pocket squares match his suit well.
He flips his business card to decide on a color. To see if the card is a fair model, he flips the card 50 times and records the results in the table.
Which statement is true based on the results in the table?
O A. The two outcomes are equally likely because their relative frequencies are similar.
OB. The two outcomes are not equally likely because 38 is not a multiple of 12.
C. The two outcomes are equally likely because the relative frequency of the card landing faceup is higher than the relative
frequency of the card landing facedown.
OD
The two outcomes are not equally likely because their relative frequencies are significantly different.
Reset
Next

Answers

Answer:

d

Explanation:

Answer: I believe it is D tell me if im wrong

The Labour Relations Act provides that every employee has the right not to be unfairly dismissed. Discuss this statement (Refer to section 185 of the LRA)​ (20)

Answers

The National Labor Relations Act ("NLRA"),

National labor relation act approved by Congress in 1935,made it plain that the United States' objective is to promote collective bargaining by upholding employees' complete freedom of organization. By giving workers in private-sector companies the fundamental right to demand better working conditions and choice of representation without fear of punishment, the NLRA safeguards workplace democracy. Section 1. Strikes and other forms of industrial conflict or unrest have the intention or necessary effect of impeding or obstructing commerce by (a) affecting the effectiveness, safety, or operation of the instruments of commerce; (b) occurring as a result of (a) the denial by some employers of the right of employees to organize and the refusal by some employers to accept the procedure of collective bargaining in the flow of commerce; (c) materially affecting, restricting, or controlling the flow of raw materials or manufactured or processed goods from or into the channels of commerce, or the prices of such materials or goods in commerce; or (d) causing a decline in employment and wages in a quantity that significantly affects or disrupts the market for goods flowing from or into the channels of commerce.

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such as satisfaction are concerned with the extent to which customer experiences are enhanced as a result of CRM. Question content area bottom Part 1 A. Customer perception metrics B. Marketing metrics C. User adoption metrics D. Key performance indicators​ (KPI) E. Business performance metrics

Answers

The customer perception metrics is basically concerned with the extent of how customer experiences are enhanced as a result of CRM.

What is the customer perception metrics?

This is a measurement of how a firm's customers feel about their product and brand.

Hence, this is the metrics that is concerned with the extent to which customer experiences are enhanced as a result of CRM.

Therefore, the Option A is correct

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When it comes to email marketing, what do we mean by the term A/B testing?​

Answers

A/B testing, can be known as split testing, is a way of working out which of two campaign options is the most effective in terms of encouraging opens or clicks. In an A/B test you set up two variations of the one campaign and send them to a small percentage of your total recipients.

Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section.
Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.

Answers

We can see here that such company gotten after searching for company that mentions funds for starting the business is Go-o-gle.

Funds for starting the business: $1 million in funding from Andy Bechtolsheim.

Employee data: over 160,000 employees worldwide.

What is a company?

A company is a legal and organizational entity formed by individuals or a group of individuals with the purpose of conducting business activities. It is an association of individuals who come together to engage in commercial, industrial, or professional activities in order to generate revenue and make a profit.

Their products are digital and online services.

Comparing this company, we see Microsoft.

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Onofkp411 Corporation has a time contraint on one of its special machines. The company makes three products that use this machine. Data concerning those products appear below: Magnifico Bellissimo Lovely
Selling price per unit $ 335.18 $ 228.46 $ 199.21
Variable cost per unit $ 259.26 $ 173.08 $ 159.61
Minutes on the constraint 7.50 4.30 5.50
Assume that sufficient time is available on the constrained machine to satisfy demand for all but the least profitable product Q) Up to how much should Onofkp 411 be willing to pay to acquire more of the constrained resource (Round your intermediate calculations to 2 decimal places.)
a) $75.80 per minute
b) $14.17 per unit
c) $39.48 per unit
d) $774 per minute

Answers

Answer: $7.20 per minute

Explanation:

Find out the profitability of each product as Contribution Margin per minute.

Magnifico

Contribution margin per minute = (Selling price - Variable cost) / minutes on the constraint

= (335.18 - 259.26) / 7.5

= $10.12 per minute

Bellissimo

= (228.46 - 173.08) / 4.3

= $12.88 per minute

Lovely

= (199.21 - 159.61) / 5.5

= $7.20 per minute

Their least profitable product is $7.20 per minute.

The machine does not have sufficient time to satisfy the needs of Lovely so they will have to pay more to acquire more of the resource but they should not pay anything more than $7.20 per minute as this is their contribution margin for the product. and anything more would result in a loss.

Options are most probably for another variant of the question.

which of the following describes the result of a winner-take-all, single member district plurality system?

Answers

The winner-take-all, single-member district plurality system states that the candidate with the most votes wins the election.

What is a plurality system?

Plurality voting refers to electoral systems in which a candidate or candidates gain a plurality of votes over all other candidates. It is also known as first-past-the-post, single-member plurality, single-choice voting[citation needed] (an imprecise term because non-plurality voting systems may also use a single choice), simple plurality, or relative majority in systems based on single-member districts (as opposed to an absolute majority, where more than half of votes is needed, this is called majority voting). Plurality block voting refers to a system that elects numerous victors at once using the plurality rule, such as one based on multi-seat districts.

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Q1: What are the strategically relevant components of the pizza
restaurant segment of the U.S. quick service restaurant industry
macro-environment?

Answers

The strategically relevant components of the pizza restaurant segment of the U.S. quick service restaurant industry macro-environment are as follows:

Technological advancements: In recent years, the pizza industry has seen technological advancements, including the ability to place online orders, which can result in increased customer convenience. Many pizza restaurants have mobile apps that customers can use to order food, making it easier to use their services. Online advertising has also been used by pizza restaurants to reach new customers.

Environmental factors: Pizza restaurants need to consider the effect of weather changes on sales. Extreme weather events can affect sales as people tend to avoid ordering food when they cannot go out of their homes. Pizza restaurant owners need to evaluate how they will deal with such instances.

Demographic factors: Demographics play a crucial role in the success of pizza restaurants. The pizza restaurant industry targets a broad range of customers and has a significant customer base among younger customers. In recent years, there has been an increase in health-conscious customers, leading to changes in the pizza industry, including the addition of new healthy menu items.

Socio-Cultural factors: The pizza industry has experienced increased competition from new entrants such as gourmet pizza restaurants. The preference of customers for the type of pizza and the eating experience has also changed. People prefer pizzas that are customized to their taste buds, including the type of crust and toppings.

Political/Legal factors: Pizza restaurants need to comply with government regulations such as health and safety standards, as well as taxes. The pizza industry is also affected by regulations on labor practices and food labeling requirements.

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You can purchase a tract of land for $75,000 that you believe you can develop and sell as a residential development. Your development costs are $60,000 to be incurred immediately. You expect to sell all the lots in years 3-5 at a net income of $70,000, $85,000, and $68,000 respectively. Your required rate of return is 12 percent. Do you purchase the tract of land? HTML EditorKeyboard Shortcuts

Answers

Answer:

The tract of land should be purchased

Explanation:

To determine if the land should be bought, compare the present value of the income that would be derived from selling the lots to the cost of the land

Total cost of the land = $75,000 + $60,000 = $135,000

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 and 2 = 0

Cash flow in year 3 =  $70,000

Cash flow in year 4 =  $85,000

Cash flow in year 5 =  $68,000

I = 12%

Present value = $142,428.68

The tract of land should be purchased because the present value of the cash flows is greater than the cost of the land

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

Please post detailed answers to the following questions. Please use complete sentences.

Ben is starting an online store for rare musical instruments, and he is hoping to make it the kind of company that people are fighting to become part of. What are some of the things Ben might do to make this happen?

Answers

In order to make the online musical instruments store more popular and desirable in the market, Ben can:

1. Build a strong brand: Ben can invest in creating a strong and unique brand for his store.

This can include creating a catchy logo and slogan, using consistent colors and fonts across all products, and creating a unique brand voice that resonates with your target audience.

2. Build a sense of community: Ben can build a community around his store by hosting events and workshops that bring musicians and music lovers together. It can also create social media groups and forums where customers can share their knowledge and connect with like-minded people.

3.Overall, with a focus on offering unique products, building a strong brand, creating a sense of community, providing excellent customer service, and having a good understanding, Ben can do his online shopping for rare vehicles and find a company.

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. Based on precedence diagram given below, use the longest task time heuristic to balance the line. Cycle time = 1.3 minute\

What is the balance delay?

Out of all workers placed which worker is the happiest (has most remaining time)?

. Based on precedence diagram given below, use the longest task time heuristic to balance the line. Cycle

Answers

Balance delay time refers to the amount of downtime on manufacturing assembly lines caused by uneven job distribution across operators or stations.

What is balance delay?

The amount of downtime on manufacturing assembly lines brought on by uneven work distribution among operators or stations is known as balance delay time.

It has to do with how the overall task is divided up and to what extent.

The jobs are arranged according to decreasing processing times according to the longest processing time rule.

The biggest job that is currently available will start processing whenever a machine is released.

The minimum makespan of a schedule can be determined using this approach, which is a heuristic.

The operational time needed for that element plus the times for all items that must come after it equals the positional weight.

The elements are arranged according to their positional weights in descending order.

Therefore, balance delay time refers to the amount of downtime on manufacturing assembly lines caused by uneven job distribution across operators or stations.

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Correct question:

What is balance delay?

how will you react to the following destroying or removing information that could hurt your company if it fell into the wrong hands.

Answers

I will say it is crucial to prioritize ethical behavior and transparency. Instead of destroying or removing information, we should focus on implementing robust security measures to safeguard sensitive data.

How can we protect sensitive information from unauthorized access?

Protecting sensitive information from unauthorized access is essential for companies to maintain trust with their stakeholders. Instead of resorting to destroying or removing information, it is more beneficial to invest in robust security measures.

By implementing strong encryption, access controls, and regular security audits, we will significantly reduce the risk of sensitive data falling into the wrong hands. Also, fostering a culture of responsible data handling and training employees on best security practices can further enhance the overall protection of company information.

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If a country's economic data show private savings (S) of $9 billion, government spending (G) of $7 billion, tax revenue (T) of $7 billion, and a trade surplus (X-M) of $3 billion, then what does private investment (I) equal?

Answers

Answer:  $6 billion

Explanation:

Savings = Private Investment + Trade Surplus - (Tax revenue - Government spending)

Private Investment = Savings + (Tax revenue - Government spending) - Trade surplus

= 9 + ( 7 - 7 ) - 3

= $6 billion

Given the answers for Citi and SVB on the chart answer the following: What hedging strategies would you suggest to the management of Citi and SVB to protect their net interest margins? In particular, discuss possible financial instruments that might be used to hedge current interest rate risks of the two companies and what position you might take (long or short) for each company given each companies risk exposure.

Given the answers for Citi and SVB on the chart answer the following: What hedging strategies would you

Answers

To be able to protect their net interest margins, both Citi as well as SVB could consider using hedging strategies to lower the interest rate risks. A  possible financial instruments they can be able to use are:

Interest rate swapsInterest rate futuresInterest rate options

What is the hedging strategies ?

An interest rate swap allows parties to agree to pay fixed or floating interest rates, reducing risks for Citi and SVB. Interest rate futures are agreements to buy or sell financial instruments at a predetermined price in the future.

Citi and SVB use interest rate futures to hedge risks. Interest rate options give the holder the right to buy or sell at a predetermined price.

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See text below



Citigroup

Interest Income  74,408,000.00

interest Expense   202,000.00

Net Interest Income    74,206,000.00

1%                                742,060.00

SVB

Interest Income             514,668.00

interest Expense               0.00

Net Interest Income      514,668.00

1%                                        5,146.68

Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.

Answers

Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.

- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.

How to determine the whether anyone has an absolute advantage at either task and, for each task

To determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.

Let's analyze the tasks:

1. Clutch Replacement:

- Isabella takes 6 hours.

- Antonio takes 8 hours.

Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.

2. Brake Replacement:

- Isabella takes 4 hours.

- Antonio takes 6 hours.

Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.

Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.

Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.

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1.) Name two alphabetic arrangements of subject records storage.

2.) Explain how the two arrangements are alike and how they differ?

Answers

Answer:

1.) An alphabetic listing of all subject titles used in the filing system

2.) Titles on the master index are used for filing and retrieving records

Should I tell my parents I'm adopted?

Answers

Answer: Yes

Explanation:

It is important, when telling them about their adoption, to help them understand that they were born first—and that all children, adopted or not, are conceived and born in the same way. The birth came first, then the adoption. Waiting until adolescence to reveal a child's adoption to him or her is not recommended. “Halloween is the beginning of the holiday shopping season. That’s for women. The beginning of the holiday shopping season for men is Christmas Eve.”

—David Letterman

The debt ratio is calculated by dividing total assets by total liabilities.

True
OR
False

Answers

Answer:

False

Explanation:

It is meant to Total liabilities/Total assets

The debt ratio could not be calculated by dividing total assets by total liabilities.

The following information related to the debt ratio is

The debt ratio should be calculated by dividing the total debts from total assets.In this, the total debts should be on the numerator side and the total asset should be on the denominator side. The ratio should always be on time.

Therefore we can conclude that the given statement is false.

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Lillich, Inc., manufactures and sells two products: Product U6 and Product R5. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product U6 690 8.9 6,141 Product R5 1,060 5.9 6,254 Total direct labor-hours 12,395 The direct labor rate is $28.00 per DLH. The direct materials cost per unit for each product is given below:
Direct Materials
Cost per Unit
Product U6 $250.40
Product R5 $167.80
The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product U6 Product R5 Total
Labor-related DLHs $ 201,638 7,125 7,280 14,405
Production orders orders 72,840 1,350 1,250 2,600
Order size MHs 1,020,608 6,500 6,800 13,300
$ 1,295,086
Which of the following statements concerning the unit product cost of Product U6 is true? (Round your intermediate calculations to 2 decimal places.)
a. The unit product cost of Product U6 under traditional costing is greater than its unit product cost under activity-based costing by $340.31.
b. The unit product cost of Product U6 under traditional costing is less than its unit product cost under activity-based costing by $5.63.
c. The unit product cost of Product U6 under traditional costing is greater than its unit product cost under activity-based costing by $5.63.
d. The unit product cost of Product U6 under traditional costing is less than its unit product cost under activity-based costing by $340.31.

Answers

Answer:

Lillich, Inc.

c. The unit product cost of Product U6 under traditional costing is greater than its unit product cost under activity-based costing by $5.63.

Explanation:

a) Data and Calculations:

Direct labor rate = $28.00 per DLH

                                         Product U6                      Product R5      Total

Expected production            690                                  1,060

Direct materials cost/unit   $250.40                             $167.80

Direct Labor Hours/unit         8.9                                     5.9

Total direct labor hours        6,141                                 6,254        12,395

Direct labor costs               $171,948 ($28*6,141)          $175,112 ($28*6,254)

Total direct materials cost $172,776 ($250.4*690)   $177,868 ($167.8*1,060)

Total overhead                 $636,360                         $658,752                 $1,295,112

Total production cost        $981,084                         $1,011,732

Expected production            690                                  1,060

Cost per unit                      $1,421.86                         $954.46

Traditional costing:

Direct labor costs               $171,948 ($28*6,141)          $175,112 ($28*6,254)

Total direct materials cost $172,776 ($250.4*690)   $177,868 ($167.8*1,060)

Total overhead                   $641,612                          $653,418                 $1,295,112

Total production cost       $986,336                       $1,006,398

Expected production            690                                  1,060

Cost per unit                      $1,429.47                         $949.43

Allocation of overhead based on direct labor hours

= $ 1,295,086/12,395

= $104.48 per DLH

Product U6 = $641,612 ($104.48 *  6,141)

Product R5 = $653,418 ($104.48 * 6,254)  

Estimated Expected Activity

Activity Cost Pools  Activity      Overhead  Product     Product   Total

                               Measures       Costs          U6           R5    

Labor-related           DLHs         $ 201,638    7,125        7,280     14,405

Production orders   Orders            72,840   1,350         1,250      2,600

Order size                MHs          1,020,608   6,500        6,800    13,300

Total                                        $ 1,295,086

Overhead rates:

Labor-related = $201,638/14,405 = $14.00 per DLH

Production orders = $72,840/2,600 = $28.00 per order

Order size = $1,020,608/13,300 = $76.74 per machine hour

Overhead allocation:

                               Product U6                      Product R5              Total

Labor-related         $99,750 (7,125*$14)       $101,920 (7,280*$14) $201,670

Production orders    37,800 (1,350*$28)         35,000 (1,250*$28)    72,800

Order size               498,810 (6,500*$76.74) 521,832 (6,800*$76.74) 1,020,642

Total overhead   $636,360                         $658,752                 $1,295,112

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