answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Effectus [21]
2 years ago
14

Where does the management accounting function fit into an organization's structure?

Business
1 answer:
LUCKY_DIMON [66]2 years ago
6 0

Management accounting is the process of measuring and analyzing financial and non-financial information that is relevant to the company.  This is an important part of the Controller’s function in an organization since the Controller directly reports to the chief financial officer. The report contains pieces of information which contributes in making strategic decisions to achieve the goal of the organization. 

You might be interested in
Arby's builds a new restaurant on the same street as burger king and mcdonalds. what principle of value does this illustrate?
Anit [1.1K]
<span>This demonstrates of the principle of competitiveness. Every company wants a 'piece of the pie'. If this street is located in a high traffic area, then Arby's is giving McDonald's and Burger King some good old fashioned competition.</span>
8 0
2 years ago
General Mills collects data on​ sales, customer​ information, preferences, and a host of other information related to the​ Go-gu
kvv77 [185]

General Mills is most likely using marketing information system in collecting and storing data. A market information system is being used in order to support the decision making of the market in which the data is composed of stored, analyzed and gathered data in which is being distributed to the managers.

4 0
2 years ago
Read 2 more answers
Kota Toy Corporation manufactures lizard dolls in two departments, Molding and Assembly. In the Molding Department, plastic is i
noname [10]

Answer:

c.) 82,000

Explanation:

We know that,

The ending work in progress units = Beginning work in process inventory + Units started in production - Units completed and transferred

7,000 dolls =  4,000 dolls + Units started in production -  79,000 dolls

7,000 dolls = -75,000 dolls + Units started in production

So, Units started in production = 75,000 dolls + 7,000 dolls

                                                    = 82,000

5 0
2 years ago
Bowering Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.60 Direct labor
ArbitrLikvidat [17]

Answer:

3. $53,550

Explanation:

Product Cost:

Cost per Unit Cost per Period Direct materials $ 6.60

Direct labor $ 3.85

Variable manufacturing overhead $ 1.50

Fixed manufacturing overhead $ 81,000

Period Costs:

Sales commissions ($0.50 x 9,000 )                        $4,500

Variable administrative expense ($0.50 x 9,000 )  $4,500

Fixed selling and administrative expense                <u>$44,550</u>

Total Period Cost                                                        <u>$53,550</u>

For financial reporting purposes, the total amount of period costs incurred to sell 9,000 units is $53,550.

3 0
2 years ago
Woodmier Lawn Products introduced a new line of commercial sprinklers in 2020 that carry a one-year warranty against manufacture
blagie [28]

Answer:Woodmier journal $

1. Date

2021

Warranty expenses Dr 90,000

Warranty liability Cr. 90,000

Narration. Amount of warranty incurred for the year.

2021

Warranty liability Dr 90,000

Bank/Cash. Cr. 90,000

Narration. Payment of warranty expenditures.

2. No entry require

Explanation:

The warranty expenses since is a period of one year can be accounted for at the end of the year without requirements for provision at the beginning of the year. The actual warranty is debited to the income statement and the liability recognized as a creditor until payment.

The discontinuation of the sales of the product in 2021 will not affect the already incurred warranty liability and the account posting thereon in the following years.

8 0
2 years ago
Other questions:
  • Suppose that an economy has 9 million people working full-time. it also has 1 million people who are actively seeking work but c
    8·1 answer
  • A trade surplus is _____. A. rarely a result of supply and demand B. an increase in the value of a currency C. the result of a n
    15·2 answers
  • A company purchases a machine for $12,000. The estimated residual value is $4,000. The machine has a useful life of 5 years, and
    9·1 answer
  • In January of 20X1, the Falwell Company began construction of its own manufacturing facility. During 20X1, $6,000,000 in costs w
    13·1 answer
  • A farmer needs 500 vats of fertilizer a week during the summer. He has a barn that can hold plenty of vats which cost around $1
    14·1 answer
  • A consultant hired by your organization has advised your manager to increase his team's cohesiveness. he asks you, "what benefit
    10·2 answers
  • On April 1, 2019, Lester Company received a bank statement that showed a balance of $8,950. Lester showed an $8,000 checking acc
    10·1 answer
  • Jose owns a dog whose barking annoys Jose's neighbor Amy. Suppose that the net benefit of owning the dog is worth $400 to Jose a
    13·2 answers
  • Nola and Charles both own party planning firms in the small town of Trident, IA. Because they are the only party planners in tow
    10·1 answer
  • On January 1, Damon, for consideration, orally promised to pay Gary $300 a month for as long as Gary lived, with the payments to
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!