Answer:
True
Explanation:Using specific position titles in ICS helps to describe the responsibilities of the position.
Answer:
D. $4,000
Explanation:
For Anderson Antiques the following have been given
Opening balance= $4,000
Cash receipts (inflow)= $365,000
Cash disbursed (outflow)= $370,000
Desired reserve= $3,000
So cash at end of day= Opening balance + cash inflow - cash outflow
= 4,000+ 365,000- 370,000
= - 1,000
Remember we want a cash reserve of $3,000 so we take it out of closing balance
Final figure= -1,000-3000= -$4,000
So shortfall of $4,000
Answer:
b. $6.50 per machine-hour
Explanation:
The computation of the predetermined overhead rate is
= Total fixed manufacturing overhead cost ÷ Total machine-hours + Variable manufacturing overhead per machine-hour
= $294,000 ÷ 70,000 + $2.30
= $4.20 + $2.30
= $6.50 per machine-hour
Therefore, all the other information that is given are irrelevant. Hence, ignored it
Answer:
B. less
Explanation:
As compared with the instant rewards the annual raises are becomes less effective when the behavior is reinforced also it is depend upon the time gap that lies between the behavior and the actual reward
Therefore as per the given situation, the option b is correct
hence, all other options are wrong
So, the same is to be considered
Answer:
Sunk cost = WDV of old machinery costing $431,000 - Any amount recovered.
Explanation:
Sunk cost is the cost that has actually been incurred and can not be avoided in any manner, currently while making both the decisions whether to buy model 220 machine or 370 machine we incurred the cost of dropping the old machinery of value of $431,000.
Therefore the book value of old machinery costing $431,000 is the sunk cost incurred in making the decision of buying new model.
In case any amount is recovered from sale of such amount then such amount recovered shall be deducted from the Written down value (WDV) of the old machinery and that will be our sunk cost.
Sunk cost = WDV of old machinery costing $431,000 - Any amount recovered.
