Examlex
Answer the following questions using the information below:
Cairns Company has invested $2 000 000 in a plant to make spear guns for fishing.The target operating profit desired from the plant is $300 000 annually.The company plans annual sales of 1500 spear guns at a selling price of $2000 each.
-What is the target rate of return on investment for Cairns Company?
Economically
Pertaining to the efficient and prudent management or use of resources, often with the objective of saving or minimizing costs.
Failure Causes
The reasons or factors that lead to the unsuccessful outcome of a process, project, or operation.
Accident Report
A document detailing the occurrences and facts surrounding an unintended or unforeseen event, often leading to injury or damage.
Formal Reports
Structured documents that present research, findings, and recommendations in a professional setting, following specific formats.
Q11: Once the _ system highlights the cost
Q22: What is the focus of ABC systems?<br>A)Long-term
Q45: _ costs support the organisation as a
Q48: The manufacturing overhead costs budget includes budgeted
Q61: A customer cost hierarchy categorises costs related
Q63: Just because qualitative factors and quantitative non-financial
Q68: What is the expected balance in Accounts
Q77: Opportunity costs are not incorporated into formal
Q123: _ costs comprise the total costs that
Q229: How does activity-based costing eliminate cost distortions?<br>A)Recognises