Answer: (1) Creating business alliances with business partner
Explanation:
The MIS is stand for the management information system and it is one of the type of computerized database system which is basically used to store the financial based information in an organization.
The consultative function is basically helps in producing the regular reports or information of the company's operation and also manage the system integration such as intranets and internet.
The main objective of the consultative function of the management information system department is to initiating the various types of business strategy and the business alliances with the business partner in an organization.
Therefore, Option (1) is correct answer.
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Based on the information given the amount of the transfer taxes is $476.
Using this formula
Total transfer tax=[(Purchased price+ First transfer tax)×(Additional tax)]+Transfer tax
Let plug in the formula
Total transfer tax=[($475,000-$1,000)×($0.10/$100)]+$2
Total transfer tax = ([$474,000 x .001] + $2)
Total transfer tax=$474+$2
Total transfer tax=$476
Inconclusion the amount of the transfer taxes is $476.
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Answer:
The overhead cost assigned to each unit of product B is $46.2 per unit.
Explanation:
Overhead absorbed in each product B can be calculated as under:
Overhead Absorbed = Overhead Absorption Rate * Absorption Basis
Here in this question, the absorption basis is Direct labor hours. So the direct labor hour per unit of Product B is 0.7 Hr and the OAR is $66.
By putting values in the above equation, we have:
Overhead Absorbed = $66 per unit * 0.7Hrs = $46.2 per unit
