Moss, Inc. currently processes payroll in its accounting department, which costs the following per month:    Supplies$475Labor 900Allocated fixed overhead 450Total monthly cost$1,825Moss could use a payroll processing firm instead, which would cost $1,350 per month, but the firm would provide all supplies. If Moss used the outside firm, the accountants who currently process payroll would be reassigned to other accounting tasks. How much would monthly costs be affected if Moss switched to the payroll processing firm?

A. Increase $225
B. Decrease $475
C. Decrease $225
D. Increase $875


Answer: D

Business

You might also like to view...

Aunt Emily's Food Products is famous for its frosted fruit cake. The main ingredient of the cake is dried fruit, which Aunt Emily's purchases by the pound. In addition, the production requires a certain amount of direct labor. Aunt Emily's uses a standard cost system, and at the end of the first quarter, there was a favorable direct materials cost variance. Which of the following is a logical explanation for that variance?

A) The production manager negotiated a lower wage package for production staff, bringing direct labor costs down. B) The factory lost two experienced workers at the beginning of the quarter, and their replacements worked at a much slower pace during their training period. C) The purchasing manager was able to secure a volume discount on dried fruit, purchasing the fruit for less than the amount set by standard. D) The production staff changed the work flow process so that there was less wastage of direct materials during production.

Business

A new marketing buzzword is metrosexual. What are some characteristics of a person who would be classified in this segment?

What will be an ideal response?

Business

Electronic data interchange is the digital exchange of data between organizations, which primarily is transmitted via the Internet

Indicate whether the statement is true or false

Business

Peter is a sales engineer of Turner Associates, a machine tool manufacturer. During his routine visit to a customer's house, Peter finds out that the customer has a fresh requirement for two lathe machines. According to the text, Peter should move back to the ________ stage in relationship selling for the new machines.

A. preapproach B. presentation C. approach D. trial close E. close

Business