Four-variance approach:
VOH Spending Variance = Actual variable overhead - (Actual direct labor hours x VOH rate)
= $27,700 - (9,500 x $3)
= $27,700 - $28,500
= -$800 (Unfavorable)
VOH Efficiency Variance = (Actual direct labor hours - Budgeted direct labor hours) x VOH rate
= (9,500 - 18,800 x 0.5) x $3
= (-9,300) x $3
= -$27,900 (Unfavorable)
Total VOH Variance = VOH Spending Variance + VOH Efficiency Variance
= -$800 - $27,900
= -$28,700 (Unfavorable)
FOH Spending Variance = Actual fixed overhead - Budgeted fixed overhead
= $90,800 - (10,000 x $9)
= $90,800 - $90,000
= $800 (Unfavorable)
FOH Volume Variance = (Actual direct labor hours - Budgeted direct labor hours) x FOH rate
= (9,500 - 10,000) x $9
= (-500) x $9
= -$4,500 (Favorable)
Total FOH Variance = FOH Spending Variance + FOH Volume Variance
= $800 - $4,500
= -$3,700 (Unfavorable)
B) Three-variance approach:
OH Spending Variance = Actual overhead - Budgeted overhead
= ($27,700 + $90,800) - [(10,000 x $9) + (18,800 x $3)]
= $118,500 - $77,400
= $41,100 (Unfavorable)
OH Efficiency Variance = (Actual direct labor hours - Budgeted direct labor hours) x VOH rate
= (9,500 - 18,800) x $3
= (-9,300) x $3
= -$27,900 (Unfavorable)
OH Volume Variance = (Budgeted direct labor hours - Standard direct labor hours allowed) x FOH rate
= (18,800 - 10,000) x $9
= $75,400 (Favorable)
Total OH Variance = OH Spending Variance + OH Efficiency Variance + OH Volume Variance
= $41,100 - $27,900 + $75,400
= $88,600 (Favorable)
C) Two-variance approach:
Budget Variance = Actual overhead - Budgeted overhead
= ($27,700 + $90,800) - [(10,000 x $9) + (18,800 x $3)]
= $118,500 - $77,400
= $41,100 (Unfavorable)
Volume Variance = (Actual direct labor hours - Standard direct labor hours allowed) x FOH rate
= (9,500 - 10,000) x $9
= -$4,500 (Favorable)
Total OH Variance = Budget Variance + Volume Variance
= $41,100 - $4,500.
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Select all that apply.
Select the items that describe a consumer.
invents new products
weighs costs and benefits of buying decisions
demands goods and services
makes goods and services
makes decisions based on preferences
Sets demands for goods and services, decides what to buy based on preferences, and weighs the costs and benefits before making a purchase
The correct answer is A, B, D
What does service refer to?Any action or use that a client, business, or state is prepared to shell out for is considered a service. Examples include the work carried out by barbers, physicians, lawyers, mechanics, banking, insurance businesses, and others. Public services are those that are funded by society (a nation-state, fiscal union, or region) as a whole.
What does it entail to render a service?You are offering a service if you carry out tasks that benefit someone else. While your neighbor is hospitalized, you would be doing your neighbor's kids a favor by making them dinner. Several applications of service revolve around helping or serving another person.
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The correct question is
Select all that apply.
Select the items that describe a consumer.
a. demands goods and services
b. makes decisions based on preferences
c. invents new products
d. makes goods and services
e. weighs costs and benefits of buying decisions
Which of the following is NOT an example of a metric
?
Answer:
can you tell me what the choices are and I'll answer in the comments
Explanation:
floor gang aooh sub to pewdiepie
This is serious, no joke. pls pls tell me if you know someone named Domingo Briseno, have you seen on here lately. I really need to know
Answer:
please tell the question properly
Explanation:
What is the difference between an intelligence producer and an intelligence consumer?
An intelligence producer refers to an entity or individual that generates or creates intelligence through the collection, analysis, and synthesis of information. On the other hand, an intelligence consumer refers to an entity or individual that receives or utilizes intelligence products generated by intelligence producers.
This can include intelligence agencies, researchers, analysts, or any other organization or person involved in the process of gathering and interpreting data to produce actionable intelligence.
Intelligence consumers can include government officials, policymakers, military commanders, law enforcement agencies, corporate executives, and others who make decisions based on the information and insights provided by intelligence producers.
Intelligence producers play a vital role in the intelligence cycle. They collect raw data from various sources such as human intelligence (HUMINT), signals intelligence (SIGINT), open-source intelligence (OSINT), and more. This information is then analyzed, evaluated, and interpreted to produce intelligence products such as reports, assessments, briefings, or recommendations.
Intelligence consumers, on the other hand, rely on the intelligence products generated by producers to inform their decision-making processes. They consume the intelligence to gain insights into security threats, geopolitical situations, market trends, competitor activities, or any other relevant information that can guide their actions and strategies.
In summary, the key difference between an intelligence producer and an intelligence consumer lies in their roles within the intelligence ecosystem. Producers create intelligence by gathering, analyzing, and synthesizing information, while consumers rely on the products generated by producers to make informed decisions. This relationship is crucial in the fields of national security, defense, law enforcement, business intelligence, and other domains where accurate and timely information is essential for effective decision-making.
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under the concept of establishment of responsibility, how many people should have the ultimate responsibility?
Answer:
1
Explanation:
because we smart,im from forest hill
Answer:
1 because he or she can lead a group
If you have 900 dollars and you save it for ten years woth eight percent interest, what will be it’s future value?
Isaiah has the opportunity to participate in a work-study program at college. If he participates, how might this benefit him?
He can earn college credit for each hour that he works.
He will get the chance to meet with experts who work in his chosen career field.
He will have the ability to study while at his job on campus.
He will work a part-time job on campus to help pay for his tuition.
Answer :He can earn college credit for each hour that he works.
Explanation:
It would help him because he wouldn't have to pay for the credits
Whenever a customer's check
bounces, what account is credited?
A. Cash Equivalents
B. Accounts Receivable
C. Checks
D. Cash
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
A startup business estimates first-year revenues at $93,000. Their cost of
goods sold is estimated at $41,200. The following amounts are estimates of
operating expenses for that year: rent, $11,400; utilities, $1,080; salaries,
$18,000; advertising, $950; supplies, $500; insurance, $1,800; other, $350.
What are the total estimated operating expenses?
A. $34,080
B. $41,200
C. $75,280
The publisher of Celebrity Living claims that the mean sales for personality magazines that feature people such as Megan Fox or Jennifer Lawrence are 1.5 million copies per week. A sample of 10 comparable titles shows a mean weekly sales last week of 1.3 million copies with a standard deviation of 0.9 million copies.
Answer and Explanation:
The computation is shown below:
For determining each part first we have to do the following calculations
Critical value of t = 3.250
Null hypothesis = 1.5
Alternative hypothesis ≠ 1.5
Population mean \(\mu\) = 1.5
Sample mean \(\bar X\)= 1.30
Sample size \(n\) = 10.00
Sample standard deviation \(s\) = 0.900
Standard error of mean is
\(s_x = \frac{s}{\sqrt{n} }\)
\(= \frac{0.900}{\sqrt{10.00}}\)
= 0.2846
Test static is
\(t = \frac{x - \mu}{s_x}\)
\(= \frac{1.30 - 1.5}{0.2846}\)
= -0.703
a. The null hypothesis is
μ = 1.5
Alternate Hypothesis is
μ ≠ 1.5
b. reject \(H_o\) if t is not between
-3.250 and 3.250
c. The value of the test statistic is
t = -0.703
(as we have computed above)
d. fail to reject \(H_o\) as this data does not contradict the publisher claim
Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?
Answer: I hate Trump and would make him eat tortilla chip vertically :/
Explanation:
Why very few subsistence economies exist today
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
2. Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility. a. True b. false
The statement "Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility" is false because the promotion to the position of facility manager often means that more responsibilities are entrusted to the person holding that position and the job becomes more challenging.
Facility management involves a wide range of responsibilities and duties that are essential for the smooth operation and maintenance of a facility.
Once someone is promoted to the position of facility manager, they become responsible for supervising the daily operations of the facility, coordinating with various teams, overseeing facility maintenance and repairs, ensuring compliance with safety and health standards, and managing the facility's budget and resources.
As such, the job of a facility manager can become more demanding after their promotion. Although subordinates may provide support, they do not take away the facility manager's responsibility for ensuring that all aspects of the facility's operation are running smoothly.
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Unit contribution margin divided by the constrained resource per unit is the formula for computing:
a. The optimal number of units that should be manufactured.
b. Degree of operating leverage.
c. Contribution margin per unit of constrained resource.
d. Sales mix
Unit contribution margin divided by the constrained resource per unit, which is used for computing the contribution margin per unit of constrained resource. The correct option is c.
The formula "Unit contribution margin divided by the constrained resource per unit" is used to calculate the contribution margin per unit of the constrained resource. The constrained resource is the resource that limits the production of a product or service, such as a machine, labor, or raw material.
By calculating the contribution margin per unit of the constrained resource, a business can determine which products or services generate the highest profit contribution for each unit of the constrained resource used. This information can be used to make decisions about how to allocate the constrained resource among different products or services, to maximize profitability.
The optimal number of units that should be manufactured would require additional information beyond the formula given. The degree of operating leverage is calculated by dividing the contribution margin by the operating income, and the formula given does not include any information about operating income. Sales mix refers to the relative proportion of different products or services sold and is not related to the formula provided.
The correct option is c.
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alpha company loaned $5,000 to beta company on october 1, year 1 at 6% interest. on december 31, year 1 alpha company's financial statements will report accrued interest of . multiple choice question. $75. $225. $300. $0
company's financial statements will report accrued interest of $75.
Unpaid interest on credit cards, loans, stocks, savings, and other accounts is referred to as accrued interest. Accrued interest can be owed or earned in terms of personal money. A borrower's total debt is increased by accrued interest on loans and credit card balances. Income is generated by interest that has accrued on investments or bank accounts.
Since accrued interest is anticipated to be received or paid within a year, it is typically regarded as a current asset for a lender or a current liability for a borrower.
$5,000 Principal x 6% = $300 annually; $300 x 12 months = $25 monthly; $25 x 3 months = $75.
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If Malaysian companies are highly efficient in the production of textiles and U.S. companies are highly efficient in the production of computer software, under a _______ agreement, capital would move to Malaysia and be invested there to produce textiles, while capital from around the world would flow to the United States and be invested in its innovative software companies.
If Malaysian companies were more efficient in textile production and the U.S. was more efficient in computer software, they should sign a Free trade agreement.
What would a free trade agreement do?A free trade agreement allows for countries to be able to trade without any restrictions.
Implementing a free trade agreement here would allow funds to freely move to Malaysia for textile production, and to the U.S. for software companies.
In conclusion, this is a free trade agreement.
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Ronaldo wants to determine if employees would prefer having bagels or donuts at morning meetings. Which method would be best to collect this information?
A. Observation
B. Report
C. Survey
D. Database
Ronaldo wants to determine if employees would prefer having bagels or donuts at morning meetings. Option C. Survey is the best choice for collecting this information.
The best method to collect information about employee preferences for having bagels or donuts at morning meetings is a survey. A survey can be designed to ask employees directly about their preferences and gather quantitative data that can be analyzed to determine the most popular option.
By designing a survey specifically focused on the bagel or donut preference, Ronaldo can distribute it to the employees and ask them to indicate their choice. Surveys can be administered in various formats, such as online questionnaires, paper-based forms, or even through email.
Surveys offer several advantages in this scenario. They allow for a large sample size, ensuring a broader representation of employee preferences. Additionally, surveys provide anonymity, allowing employees to express their honest opinions without fear of judgment or bias. The data collected can be easily quantified and analyzed, providing clear insights into the overall preference of the employees.
While observation (option A) could potentially provide some insights, it might not accurately capture individual preferences and could be subject to interpretation. Reports (option B) and databases (option D) are not appropriate methods for collecting employee preferences as they are more suited for analyzing and storing existing data rather than gathering new information.
Therefore the correct option is C. Survey
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Mechelle has a life estate in a property in rural Maine. Mechelle has allowed people to camp and park in the backwoods of the property, leaving piles of trash everywhere and thereby diminishing the value of the property. Mechelle is allowing what to happen
The scenario that's illustrated regarding the property in this case is improper dominion.
What is dominion?It should be noted that in law, dominion simply means the right to control the ownership of a a property.
In this case, since Mechelle has allowed people to camp and park in the backwoods of the property, leaving piles of trash everywhere and thereby diminishing the value of the property, this illustrates improper dominion.
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as adolescents become increasingly interested in electronics - as opposed to books - where would you find the greatest increase in demand?
The greatest increase in demand for electronics, as opposed to books, can be found among adolescents. This is due to the fact that many of the technologies used in electronics, such as gaming, social media, and streaming services, are more appealing and relevant to adolescents than books.
What is demand?
Demand is the quantity of a product that a consumer is willing and able to buy at various costs within a given time and with limited resources. Factors affecting demand are price, income, tastes and preferences, substitute goods, complement goods, and expectations.As the demand curve shifts upward, the quantity demanded increases. As the price rises, the quantity demanded decreases, and as the price falls, the quantity demanded increases.
The amount of a commodity that customers are willing and able to buy at a specified price in a specified time frame is referred to as demand.
How is demand represented in a graph?
Demand curves can be represented in a graph as downward-sloping lines, with the quantity of the product on the x-axis and the price on the y-axis. It is important to understand that the law of demand implies that as price rises, the amount of the product demanded falls. As price falls, the amount of the product demanded increases.
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Strategies for managing conflict
Can I get a brainest point plsssssss
1. Don't Ignore Conflict
If you're someone who dislikes dealing with conflict, it might seem tempting to just put your head in the sand and pretend it doesn't exist, hoping it will resolve itself on its own. While this sometimes can happen, the truth is that the vast majority of the time, this will only cause the situation to get worse. Ignored conflicts have a tendency to fester over time and reappear at inopportune moments, so do your team a favor and address conflicts when they occur, nipping a potentially toxic situation in the bud as soon as you recognize it.
2. Clarify What the Issue Is
If you're dealing with a conflict between two members of your team, it's important that you get all the facts. Sit down with each individual involved and find out exactly what the issue is. How is each individual perceiving the situation? What needs are not being met? What does each party see as an appropriate resolution? Make sure that all parties involved understand that you are acting as an impartial mediator, and let them know they can feel comfortable to share sensitive information.
3. Bring Involved Parties Together to Talk
Once you've had a chance to talk to all involved parties separately, bring them together in a meeting so that they can hash out their differences in a neutral environment. This is a time for brainstorming, active listening, and being open to different perspectives - the goal is to come to a common understanding of what the problem is, what role each individual is playing in the conflict, and what some possible solutions might be.
4. Identify a Solution
After both parties have had a chance to discuss the situation at hand, it's time to identify what a satisfactory resolution might be - and how to get there. Ideally, by this point, both parties will understand the other's side, and oftentimes the conflict will be resolved just through facilitated, open dialogue. However, if the situation requires further resolution, you will need to step in and help them negotiate a reasonable solution. This phase can require some time and effort, as it requires both parties to set aside their differences and preferences and find some common ground to work towards (which may involve not getting everything they want out of the situation). Then, work with both individuals to come up with a concrete list of steps that will result in the solution being achieved.
5. Continue to Monitor and Follow Up on the Conflict
Just because a solution has been identified and addressed doesn't mean it will just go away. As a manager, it's your responsibility to check in with both parties to ensure that the conflict has truly been dealt with, and that the steps identified to reach a solution are being followed. If all seems to be going well, simply remember to stop and observe from time to time, just to see if things really are going smoothly or if there are still lingering tensions under the surface that need to be handled. If it's clear that the solution didn't work, or wasn't the right resolution for the situation, make sure to be proactive in working with both parties to readjust expectations, identify alternative solutions, and continue their dialogue to create a positive and healthy work environment.
The Starr Co. just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at a constant rate of 5 percent per year, indefinitely. If investors require a return of 11 percent on the stock, what is the current price
The current price is the most recent selling price of a stock, currency, commodity, or precious metal that is traded on an exchange and is the most reliable indicator of that security's present value.
According to the Question.
The Current Price would be $37.63
Investors and analysts use a variety of techniques to figure out the intrinsic value of common stock. A common technique is dividend discounting, which uses the needed rate to reduce the cash dividend.
Calculation for the current priceCurrent Price = Dividend × ( 1 + Growth Rate )
Return - Growth Rate
Current Price = $2.15 × ( 1 + 5% )
11% - 5%
Current Price = $2.15 × 1.05
6%
Current Price = $2.2575
0.06
Current Price = $37.63
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bird brain co. reported net income of $45,200 for the year ended december 31, 2021. january 1 balances in accounts receivable and accounts payable were $23,500 and $26,000 respectively. year-end balances in these accounts were $21,300 and $29,500, respectively. assuming that all relevant information has been presented, bird brain's cash flows from operating activities would be:
Bird brain's cash flows from operating activities would be 48000.
(45000 + 1000 (reduction in A/R) + 2000 (increase in A/P))
= 48000
Cash flow refers to the net change in cash and cash equivalents coming into and leaving a business. Inflows and outflows are represented by money received and spent, accordingly. Cash flow from operating activities refers to the earnings a company makes through ongoing, regular business activities like creating and selling things or providing clients with services. The three categories into which the cash flows are subdivided in the statement are operating activities, investment activities, and financing activities. The section on cash flow from operating activities details how a company raised and spent money to carry out its core functions.
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HELP! Small companies and large companies have different designations. Which of these terms can designate a large company
Answer:
"Corporate" can designate a large company.
Marlon intends to sell a piece of real estate he owns and contracts Nita, a real estate broker, to make the sale. In the contract, Marlon authorizes Nita to make the sale at or above a minimum price he wants and the date by which he wants the sale to be completed. The contract also stipulates that Marlon should not hire another broker to sell that piece of land till the expiry of the contract period. Nita finds a suitable buyer, makes the sale in time, and is paid by Marlon for her services.
Which of the following types of agency had Marlon and Nita entered into?
A) apparent agency
B) agency by ratification
C) implied agency
D) express agency
Answer:
D) express agency
Explanation:
From the question, we are informed about Marlon who intends to sell a piece of real estate he owns and contracts Nita, a real estate broker, to make the sale. In the contract, Marlon authorizes Nita to make the sale at or above a minimum price he wants and the date by which he wants the sale to be completed. The contract also stipulates that Marlon should not hire another broker to sell that piece of land till the expiry of the contract period. Nita finds a suitable buyer, makes the sale in time, and is paid by Marlon for her services. In this case, the types of agency had Marlon and Nita entered into is express agency. Express agency can be regarded as an agency that is been set up through an oral or a written agreement that exist between agent and principal. This gives indication of their express intent as regards this representational status. In this agency, the written or spoken words of the principal is used in authorizing the agent so that he can to act on behalf of the principal. An agency can be regarded as contract which could be express or implied.
If a capitalist country were to focus on taking care of underprivileged citizens and bridging the income gap, it would be best described as which economy?
A. communist
B. mixed
C. socialist
D. state
E. command
Answer:
C?
Explanation:
I Don't really know so please don't be mad
If a capitalist country were to focus on taking care of underprivileged citizens and bridging the income gap, it would be best described as a socialist economy. The correct option is C.
How do socialists explain inequality?The competitive and egotistical characteristics of capitalism are to blame for the disparity that exists in society. Socialists disagree that people are born with equal abilities, but they do think that because everyone contributes to society, they should all be paid equally.
Socialist principles include free access to products and services, production for use rather than profit, equal distribution of wealth and material resources among all people, and the end of market competition.
Thus, the ideal selection is option C.
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What are the 4 types of risk management?
The 4 types of risk management are Risk acceptance, Risk transference, Risk avoidance and Risk reduction.
The risk management lifecycle includes a risk management strategy as a critical component. You must select how to handle risks after identifying them, evaluating the likelihood of their occurrence, and considering the potential effects. Your chosen strategy for risk management is the course of action. Accepting a risk means not taking any steps to reduce it.
A contract is used to transfer risk to a third party who will take on the risk in place of an organisation. By refraining from taking any steps that could increase the probability of it happening, risk avoidance is removed. Through steps taken to avoid or lessen its effects, risk reduction becomes less severe.
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a buyer obtains a 90% institutional loan for $180,000 toward the purchase of a $200,000 house. the buyer does not have the necessary $20,000 for the downpayment, so the seller takes back a $10,000, ten-year mortgage and the buyer contributes the other $10,000 in cash. this is known as a/an:
The scenario described is an example of a seller financing arrangement, specifically a "purchase money mortgage" or "seller carryback." This type of arrangement can be beneficial for both the buyer and the seller.
A purchase money mortgage is a mortgage used to purchase real estate by the seller of the property rather than a third-party mortgage lender.
In the situation provided, a purchase money mortgage is utilized to cover the remaining $10,000 necessary to buy the property after the institutional loan was acquired, the buyer did not have enough money for a down payment, and the seller did not want to lower the price of the home.
This example of a seller financing arrangement, specifically a "purchase money mortgage" or "seller carryback."
The buyer may be able to secure the purchase of the property with a smaller down payment, while the seller can earn interest on the funds lent to the buyer and potentially sell the property more quickly.
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In order to start a small business, a student takes out a simple interest loan for $8,000 for 9 months at a rate of 7.50%. How much interest must the student pay PLEASE HELP NOW
Answer:
$450
Explanation:
To calculate simple interest, we apply the formula
I= P x r x t
Where I = interest
P= principal
r= interest rate
t= time in years
In this case, p=$8,000, r= 7.50% or 0.075, t= 9 months or 9/12 years which is 0.75 years
I =$8000 x 0.075 x 0.75
I= $600 x 0.75
I=$450
Interest is $450
6.Elizabeth's credit card bill elizabeth just received her credit card bill. She calculates the compound interest on her bill and considers the payments she could make. If she pays the minimum payment of $45, it will take her five years to bring her balance to $0. How can Elizabeth most responsibly pay off her bill sooner ?
Answer: pay more than the minimum payment each month
Explanation:
For Elizabeth to responsibly pay off her bill sooner, she has to pay more than the minimum payment each month.
It should be noted that if she continues paying the minimum monthly payment, it'll take her five years and collecting a loan isn't appropriate as well as she will still have to pay back the loan and incur more debt.
Therefore, she should pay more than the minimum amount as that'll make her pay quicker.