Answer:
transactional, logistical, and facilitating functions
Explanation:
b) false
The statement in question is true. Overhead variance is determined by the difference between actual and applied overhead costs. This kind of analysis helps in understanding cost inefficiencies and making future budgets.
The statement 'The total overhead variance is the difference between actual overhead costs and overhead costs applied to work done' is true. In cost accounting, overhead variance is indeed determined by the difference between the real, or actual overhead expenses for a certain period and the overhead costs which were anticipated or pre-applied to the work done in that same period. This kind of variance analysis helps the business to understand where and how their cost estimates were off, and make necessary adjustments for future cost predictions and budgeting. For example, if the actual overhead costs are higher than the applied overhead costs, it could signify inefficiency in the production process. Conversely, if the applied overhead costs are higher than the actual costs, it signifies cost efficiency.
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Answer:
ROI = 20.90%
Explanation:
Operating Income:
= Operating Income of Retail Division + Operating Income of Wholesale Division
= $7,500,000 + $4,000,000
= $11,500,000
Operating Assets:
= Operating Assets of Retail Division + Operating Assets of Wholesale Division
= $37,500,000 + $17,500,000
= $55,000,000
ROI = (Operating Income ÷ Operating Assets) × 100
ROI = ($11,500,000 ÷ $55,000,000) × 100
ROI = 20.90%
Answer:
A self-fulfilling prophecy.
Explanation:
A self-fulfilling prophecy -
It is the socio psychological phenomenon ,
According to the prediction is something which is person truly believes , and at last comes out to be true , is referred to as a self - fulfilling prophecy .
The action of the people is directly linked to their beliefs , i.e. , whatever is the belief of the people , the same is showcased in the action of the person.
Hence , from the given scenario of the question,
The correct term is A self-fulfilling prophecy.
Cost of goods sold................... 2,300,000
Operating expenses................. 1,000,000
Income tax expense................. 280,000
Other comprehensive income.. 450,000
a. Prepare an income statement, including comprehensive income, for Anson Industries.
b. Prepare an income statement and a separate statement of comprehensive income for Anson Industries.
Answer:
a.
Anson Industries, Inc..
Income Statement Including Comprehensive Income
for the year ended MM DD, 20Y1
$
Sales 4,000,000
- Cost of Goods Sold 2,300,000
= Gross Income 1,700,000
- Operating Expenses 1,000,000
= Operating Income 700,000
- Income Tax Expense 280,000
= Net Income 420,000
+ Other Comprehensive Income 450,000
Total Comprehensive Income 870,000
b.
Anson Industries, Inc..
Income Statement for the year ended MM DD, 20Y1
$
Sales 4,000,000
- Cost of Goods Sold 2,300,000
= Gross Income 1,700,000
- Operating Expenses 1,000,000
= Operating Income 700,000
- Income Tax Expense 280,000
= Net Income 420,000
Anson Industries, Inc..
Statement of Comprehensive Income
for the year ended MM DD, 20Y1
$
Net Income 420,000
+ Other Comprehensive Income 450,000
Total Comprehensive Income 870,000
a. $25,000 loss
b. $50,000 loss
c. $25,000 profit
d. $150,000 profit 13.
Answer:
a. $25,000 loss
Explanation:
Economic profit = revenues - explicit costs - opportunity costs
In this case, Mary's economic profit = profit from investment in new business - opportunity cost of not investing $1 million in risk-free bond - opportunity cost of quitting job
= $150,000 - $100,000 - $75,000
= ($25,000)
B. you prepare daily, company-wide passive voicemail messages.
C you institute a respectful rank and file politeness plan, where middle and higherlevel managers are addressed as "Mr.", "Ms", or "Dr.".
D. you solicit open-ended responses from your employees.
Answer:D
D, is the is the answer.