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djyliett [7]
1 year ago
10

When independent measurers get similar results when using the same accounting measurement methods, the financial information is:

Business
1 answer:
Deffense [45]1 year ago
6 0

Answer: verifiable

Explanation:

A financial information is verifiable when the independent measurers get similar results when using the same accounting measurement methods.

In this scenario, the independent measures use thesame method but do their work separately without them knowing the results gotten by the other person. When there's similarity in the results, it shows that the results are verifiable.

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Dietrick Corporation produces and sells two products. Data concerning those products for the most recent month appear below:
mrs_skeptik [129]

Answer:

b. $69,754  

b. $69,754  

b. $69,754  

b. $69,754  

b. $69,754  

b. $69,754  

b. $69,754  

b. $69,754

Explanation:

contribution = sales - variable cost

for Product B32L:

contribution = sales - variable cost

                     = 46,000 - 13800

                     = $32,200

for Product K84B:

contribution = sales - variable cost

                     = 27,000 - 14,670

                     = $12,330

total sales of the company = 46,000 + 27,000

                                             = $73,000

total contribution of the company = $32,200 + $12,330

                                                         = $44,530

cotribution margin ratio = contribution/sales

                                        = 44530/73000

                                        = 0.61

break even point  = fixed cost/cotribution margin ratio

                              = 42550/0.61

                              = $69,754

Therefore, The The break-even point for the entire company is closest to $69,754.

3 0
2 years ago
Orleans Corporation, a U.S. corporation, reported U.S. taxable income of $2,000,000. Included in the computation of taxable inco
Dafna11 [192]

Answer:

$420,000

Explanation:

Calculation for Orleans’s net U.S. tax liability

Using this formula

Tax liability=Taxable income×U.S tax rate

Let plug in the formula

Tax liability=$2,000,000×21%

Tax liability=$420,000

Therefore Orleans’s net U.S. tax will be $420,000. The withholding tax amount of $8,000 was not included because it was already imposed on the dividend.

8 0
2 years ago
Where should charts with Food Code 3-401 be displayed?
kotykmax [81]

Answer:

A. Where customers can see them.

Explanation:

Food Code is a rule that ensures public health safety and protection concerning food sold by retail outlets. The code gaurd against the adultration of food and shows the acceptable standard required from food retail outlets, so that patronisers health is secured.

The charts with the food code 3-401 should be placed where customers can see them to create awareness and make them to understand the level of what is expected from a food outlet. This would convince them that the food is prepared under healthy conditions.

7 0
2 years ago
Read 2 more answers
Kendrick's job responsibilities have recently been changed as part of a decentralization effort taking place at his office. He h
lakkis [162]

Answer:

This is an example of Job enrichment

Explanation:

Job enrichment means that jobs are restructured or redesigned by adding higher levels of responsibility. This practice includes giving people not only more tasks but higher-level ones, such as when decisions are delegated downward and authority is decentralized.

3 0
2 years ago
Olly & Sons is a construction company. The company started the year with $90,000 in the land account. During Year 2, Olly &a
Sindrei [870]

Answer:

$124,000

Explanation:

The computation of ending balance in the land account is shown below:-

ending balance in the land account = Beginning balance of Land account + Total balance of land - Cost of land sold

= $90,000 + ($25,000 + $28,000 + $31,000) - $50,000

= $90,000 + $174,000 - $50,000

= $124,000

Therefore for computing the ending balance in the land account we simply applied the above formula.

4 0
2 years ago
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