Answer:
The role of the Management is to move an organization towards its purposes or goals by assigning activities that organization members perform. If Management ensures that all the activities are designed effectively, the production of each individual worker will contribute to the attainment of the organizational goals.
Production process involves different type of cost and expenses, manufacturing overhead account is one and it is debited when overhead applied is less than the actual overhead costs incurred.
<h3>What is manufacturing overhead cost?</h3>
It is the sum of all the indirect costs that were spent while manufacturing a product.
The amount in the manufacturing overhead account can either be a debit or credit.
It is a debit when the overhead is less than the actual overhead costs that were spent.
Therefore, The manufacturing overhead account is debited when the overhead applied is less than the actual overhead costs incurred.
Learn more manufacturing overhead accounts here
brainly.com/question/15739613
Answer: 3.2
Explanation:
The price elasticity of demand shows the change in quantity demanded of a good in response to a change in its price.
Price elasticity of demand = Change in quantity demand / Change in price
0.4 = Change in quantity demanded / 8
Change in quantity demanded = 0.4 * 8
= 3.2
Answer:
The correct answer is letter "D": A&B.
Explanation:
Managers have several functions within an organization. Among them, they must <em>analyze information </em>-the accounting books of the company- to find out what products have maximized their production process and which ones have not. Besides, they must relate that information to the number of sales the company is processing given a certain period.
Thus, what is the best and low-selling products of a firm are questions that managers must ask to explore its<em> strengths, weaknesses, and opportunities</em>.
Answer:
Adaptation of industrial products is the correct answer.
Explanation:
