Answered: how the stock control methods and the…

how the stock control methods and the costing methods can improve the profitability and productivity of the organization.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 9MC: Managers in decentralized organizations make decisions relating to all of the following...

See similar textbooks

Related questions

Q: Carlos and Carla, a married couple in California, recently received an check in the amount of…

A: An inheritance is the process of transferring assets from a person to another after the death of the…

Q: ESSAY. Write your answer in the space provided or on a separate sheet of paper. 22) Ralph Company…

A: Goal Congruence is the concept where divisional managers work towards the decisions which are in the…

Q: (b) Compute the depreciation expense for the year ended December 31, 2026. Vaughn elected to…

A: Depreciation expense is the reduction in the value of asset due to its use or wear and tear.…

Q: Chapter 17 Homework PR 17-4A Measures of liquidity, solvency, and profitability The comparative…

A: Return on stockholders' equity (ROE): ROE measure the profitability of the company. It is calculated…

Q: When bonds are issued at a discount, what happens to the carrying value and interest expense over…

A: Bonds can be issued at both at a premium or at a discount. When issue price is lower than face value…

Q: [The following information applies to the questions displayed below.] You have just been hired…

A: Earnings per share= (Earnings attributable to equity share holders / number of outstanding shares )…

Q: Why has the current 10-yr US Treasury changed from 2.79% in August to 3.51% now? Why is it…

A: The current 10-year US Treasury has changed from 2.79% in August to 3.51% now due to an increase in…

Q: Sky Limited is going into the manufacture of Smart Vehicle Tracking Device (SVTD) particularly…

A: Capital investment decisions are very important as they are critical for any business entity's…

Q: Trusted Products Company makes a household appliance with model number L800. The goal for 2020 is to…

A: Operating income is the difference between income and operating expenses of the business. The…

Q: BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 paid to its…

A: Social security taxes are the taxes that fund the retirement, disability, and survivorship benefits…

Q: Differential Analysis for a Lease or Sell Decision Burlington Construction Company is considering…

A: The differential analysis is performed to compare the different alternatives available at the…

Q: Based on the following information, Cash collections from customers $1296 Purchase of bond…

A: In this question, we need to compute the cash flows from investing activities. We have given certain…

Q: Question 2 Davy Jones Ltd manufacturer of fine china and stoneware is troubled by the fluctuations…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Liabilities & Shareholders' Equity Account Payable Operating expenses payable Income taxes payable…

A: Formula: Equity ratio=Total Shareholders' EquityTotal assets

Q: Cost of Goods Sold was $50669, Accounts payable decreased by 10880.and inventory decreased by $15472…

A: Purchases = Cost of goods sold - Decrease in inventory Cash paid = Purchases + Decrease in Accounts…

Q: A revenue agent determined that Ms. Osaka underpaid income tax by $48,100 and concluded that $9,200…

A: Introduction:- The following basic information as follows:- A revenue agent determined that Ms.…

Q: What is the function of the Bill Window? What GL account is Bill Window associated with?

A: The Bill Window is a feature of modern accounting software that allows users to easily track and…

Q: Blossom Developments is authorized to issue 500,000 shares. To date, the company has 178,600 shares…

A: Journal Entries - Journal Entries are the recording of transactions of the organization. It is…

Q: Bazzi et al (2019) study the American frontier and make clever use of names data from the census.…

A: Bazzi et al (2019) measure the ethnic diversity of the American frontier using names data from the…

Q: What is the difference between pegged and floating rate exchanges?

A: A nominal exchange rate that is firmly established by the monetary authority with regard to a…

Q: Red Rock Company has provided the following information pertaining to its recent year of operation:…

A: The operating activities of cash flow statement include cash flows from sales, purchase of…

Q: issues of ethics, regulation and compliance and the extent to which they are constraints or threats…

A: Issues of ethics, regulation and compliance are as follows: 1. Whistleblowing or social media rants:…

Q: In order to "roll over" Latin America's high external debts, international lenders like the IMF (the…

A: During the high debt crisis in the United States, IMF and World bank decided to manage these on…

Q: Farrow Company reports the following annual results. Contribution Margin Income Statement Sales…

A: Relevant Cost :— It is the cost that are different in different alternatives. It is used for making…

Q: and B are $210,000 and $410,000, respectively. Maintenance Accounting A B Machine hours 895 80…

A: The Hsu Manufacturing Company has two service departments: Maintenance and Accounting. These service…

Q: A company reissues 500 shares of treasury stock for $25 per share. The treasury stock was originally…

A: The journal entries are prepared to keep the record of day to day transactions of the business on…

Q: 2. Which of the following depreciation methods usually results in the paying of the lowest income…

A: Depreciation Expense - Depreciation is an Expense incurred on the fixed assets of the company. It is…

Q: On April 1, 2021, Chase Supply purchased Sparky Electric Co. for $225,000 Sparky Electric Company's…

Q: Required: Help BBS evaluate this project by calculating each of the following: 1. Accounting rate of…

A: Introduction:- The various alternative methods of capital budgeting are enumerated below:- Payback…

Q: Seacrest Corporation sells sailboats and has an inventory turnover ratio of 4.91 times per year…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Martinez Corp. is authorized to issue both preferred and common stock. The par value of the…

A: Paid in capital in excess of par value = issue price - Par value

Q: A Revenue Procedure issued by the IRS is an example of: Group of answer choices legislative…

A: ANSWER The IRS ( Internal Revenue Service ) is a division of department of treasury. IRS is…

Q: For each of the following separate transactions: Sold a building costing $30,500, with $20,200 of…

A: Answer to Question (a): Reconstructed Journal Entry: 1 Sale of…

Q: describe three manufacturing cost terms. Provide an

A: Manufacturing cost is the cost that is incurred by the company on the manufacturing of the product…

Q: Mrs. Fugate failed to include $28,000 lottery winnings on a 2021 form 1040. The only gross income…

A: Amount omitted exceeds over 25% of Gross income: As per the provisions of IRS, if the amount of…

Q: Two years ago, Lodi, Incorporated's shareholders voted to dissolve the corporation. Pursuant to the…

A: Requirement:-a Calculation what extent can the IRS collect the deficiency from the former Lodi…

Q: The company targets a 10.0% markup on total cost. Variable Costs per Unit Direct materials Direct…

A: Answer : 1. Total cost per unit Total cost production = Variable cost + Fixed cost Variable cost :…

Q: omplete the table. (Round earnings per share to 2 decimal places, e.g. $2.66.) Income before…

A: Interest of bonds is the amount paid to the bondholders for borrowing the amount and issuing the…

Q: Periodic Payment Payment Interval Term Interest Rate Conversion Period $2500 1 month 6 years 10%…

A: Present value represents the current market price of the future value of the project. It estimates…

Q: BGP Electrical Supply is developing its annual financial statements at December 31, current year.…

A: The cash flow statement is the one of the financial statements of the business. The activities of…

Q: Lopez Company is considering replacing one of its old manufacturing machines. The old machine has a…

A: Since you have posted a question with multiple sub-parts, we will do the first three sub-parts for…

Q: During its first year of operations, Vader Corp. issued 15,000 shares of its $1 par common stock f…

A: Common stock account is based on the par value of common shares issued. Common stock is not reduced…

Q: Anjelina wants to purchase an annuity that will pay her the $2,000 she needs at the end of every six…

A: Computation of Initial investment (PV) = PMT x PvAF ( r% , n)…

Q: Emma Systems, Inc. declared and issued a 40 percent stock dividend. The company has 720,000 shares…

A: DIVIDEND Dividend is a Distribution of Profits by a Corporation to its Shareholders. Dividend…

Q: If a credit is issued to a Vendor, how will this affect the General Ledger Account?

A: General ledger account: It implies to the main component or part of general ledger maintained by the…

Q: In order to accumulate enough money for a down payment on a house, a couple deposits $374 per month…

A: A financial investment or physical asset's value on a particular date in the future is referred to…

Q: Find the adjusted balance (principal) using the U.S. Rule (360 day) after the first payment

A: (Important Assumption: Since question does not mention the method of interest, it is assumed that it…

Q: Chin Woo bought a home for $160,000. He put down 20%. The mortgage is at 8 1/2% for 25 years. What…

A: Total Present Value = $160,000 Down payment = 20% Present Value of Loan = $160,000 - 20% = $128,000…

Q: Ms. Prince wants to create a scholarship in honor of her parents at the law school from which she…

A: Contributions to a scholarship fund: IRS offers a charitable contribution deduction to a taxpayer to…

Q: Mack Precision Tool and Die has two production departments, Fabricating and Finishing, and two…

A: ANSWER Under step method of allocating service costs, the service cost of service department…

Question

Advise the directors of the company on how the stock control methods and the costing methods can improve the profitability and productivity of the organization.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step 3

VIEW

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

Briefly explain the practice of enterprise risk management and the role that can be played by managerial accountants in enterprise risk management.
Managerial accounting produces information: to meet the needs of external users that is often focused on the future to meet the needs of investors that follows the rules of GAAP
Which of the following groups would have access to managerial accounting information? A. bankers B. investors C. competitors of the business D. managers
How would cost accounting information help managers in a not-for-profit organization? Is it as important as in a publicly traded, for-profit firm?
How can management accounting principles and procedures aid managers in making sound company decisions?
Which of the following groups would have access to managerial accounting information? Group of answer choices competitors of the business managers investors bankers
Which of the following groups would have access to managerial accounting information? bankers investors competitors of the business managers
Discuss ways in which shareholders of a company can encourage its managers to act in a way which is consistent with the objective of maximization of shareholders’ wealth.
What factors lead to the valuation of a company's worth compared to that of the financial statements? How the company executives create the most value for their stakeholders?
Who are the primary users of a company's management accounting information? A its customers to understand the pricing of the product. B its creditors to understand the credibility of the business. C its employees to plan and control operations. D its investors to make their investment decisions.
Both financial and managerial accounting are important to a company's success. Which do you think contributes more to this success, and why? Who are the users of managerial accounting? Why is the term “relevant” important in the effectiveness of managerial accounting?
CEO compensation design is effective in controlling the behavior in their decision making. How a compensation package could possibly work in adjusting a CEO’s risk taking behavior (in investments) and in balancing long-term vs. short term interests of a company?