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frez [133]
2 years ago
5

Timothy was tasked with creating the budget for the next fiscal year. He had to create a cost-profit analysis report of all the

current product lines of the company. He also had to identify avenues for possible cost reduction in the budget. What was Timothy’s position within his company?
Business
1 answer:
nlexa [21]2 years ago
3 0

The position held by Timothy within his company is FINANCE MANAGER because in summary, his duty was to produce financial reports (he had to create a cost-profit analysis report of all the current product lines of the company), direct investment activities (he was tasked with creating the budget for the next fiscal year), and develop strategies and plans for the long-term financial goals of their organization (He also had to identify avenues for possible cost reduction in the budget).

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Winter Company incurred direct materials costs of $500,000 during the year. Manufacturing overhead applied was $150,000 and is a
raketka [301]

Answer:

Winter Company's total manufacturing costs for the year was $850,000

Explanation:

Manufacturing cost is the cost used to manufacture a product, both direct and indirect cost incurred in manufacturing process are included. It is the total value of material cost, labor cost and overhead cost.

Direct Material Cost = $500,000

Manufacturing overhead applied = $150,000

As we know Manufacturing overhead applied was 75% of direct Labor cost.

Direct Labor cost  = Manufacturing overhead applied / 75%

Direct Labor cost  = 150,000 / 75% = $200,000

Total Manufacturing Cost = $500,000 + $200,000 + $150,000 = $850,000

7 0
2 years ago
Sarah transferred $450.00 from her savings account to her checking account. She’ll use the check register to record her transact
I am Lyosha [343]

Answer: This is with the assumption that her checking account and savings account are separate from each other. If she would transfer 450 from her savings account to her checking account, the new balance of her savings account would be the amount less 450 and the new balance of the checking account would be the balance plus 450.

3 0
2 years ago
Read 2 more answers
During the past year, Arther Anderson Services paid $360,800 in interest along with $48,000 in dividends. The company issued $23
vlada-n [284]

Answer: $385800

Explanation:

The amount of the cash flow to creditors will be calculated thus:

Begining total liabilities = $225000

Ending total liabilities = $200000

Interest = $360800

Cash flow to creditors will be:

= Begining total liabilities - Ending total liabilities + Interest

= $225000 - $200000 + $360800

= $385800

3 0
2 years ago
Greta loses her two dogs. She puts signs all over town that offer a $50 reward for the return of her dogs. Al and Ben see the po
boyakko [2]

Answer:

Al

Explanation:

In order for a contract to be formed, both parties must reach an agreement (usually through offer and an acceptance of terms). The offer made by Greta was a $50 reward for her missing dogs, Al and Ben agree to the contract by searching for the dogs. Since Al finds and returns one of the Dogs, Greta has an obligation to pay Al. As for Ben, since he failed to meet the terms, he should not be paid. On the other hand, since Charlie never saw the posters, there was no contract formed because he could not possibly agree to terms he was not aware, and Greta has no legal obligation to pay Charlie.

Therefore, Greta has a legal obligation to pay Al.

3 0
2 years ago
Stoneheart Group is expected to pay a dividend of $3.05 next year. The company's dividend growth rate is expected to be 4.5 perc
Brums [2.3K]
$2.51 I think idk I need more info
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2 years ago
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