When working with a tableau dashboard, a data analyst wants to save stakeholders time and effort. They can also use pre-filtering to direct stakeholders to the most important data. Because it directs stakeholders to the most important data, pre-filtering saves time and effort.
A stakeholder is a person, group, or organization that is affected by the outcome of a project or business venture. Stakeholders have an interest in the project's success and can be from within or outside the organization that is sponsoring it.
A stakeholder in a business is any individual, group, or party who has an interest in an organization and the outcomes of its actions.
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Which economic measure is the percentage of people in the labor force who are willing to work, are looking for work, but are unable to find work?.
The economic measure that is the percentage of people in the labor force who are willing to work, are looking for work, but are unable to find work is the unemployment rate.
In the field of economics, the unemployment rate can simply be described as the percentage of people in a place or country that are job hunting but cannot find a job. Such people might be interested to work but may not be able to find a suitable job.
The unemployment rate is an economic measure that can affect the GDP of a country. For a country that has a high unemployment rate, the total output of the company will be low. Such a country will not have a stable economy as the major of the population is unemployed.
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understand the different types of pricing objectives and how pricing affects each one:] a. survival b. profit c. return on investment d. market share e. cash flow f. status quo g. product quality
Only in special circumstances or on a temporary basis may survival pricing be used.
How does pricing policy impact an organization's ability to survive?Many operations of the firm's activities are directly correlated with a product's price. Demand will be impacted by a price decision, which in turn will have an impact on the firm's income. Similar to this, a profitable company tends to draw in more new funding.
How price impacts revenue?Your pricing approach will have an impact on the profit margin you make on each unit sold; assuming you don't lose sales, charging more will result in a higher profit margin. In contrast, higher pricing that result in lower sales volumes might reduce or even erase your profits because your overhead costs per unit rise as you sell fewer units.
What is ROI and how is it impacted by pricing?ROI is to quantify the relationship between an investment's return and cost. ROI is calculated by dividing the benefit (or return) of an investment by its cost. A percentage or ratio is used to represent the outcome.
How market share is impacted by pricing?Customers' interest and loyalty can be attracted by offering lower and more alluring prices. The vital sales that increase market share could increase as a result. In addition to providing promotions, coupons, freebies, and other benefits to customers, a business can consider discounts on the actual cost of the goods.
How do prices impact cash flow?One of the key aspects of a company's performance that directly affects cash flow is pricing. If you overcharge for your services, your cash flow will suffer along with your profit margin. If you price things too expensive, you run the danger of pricing potential clients out who either can't or won't pay.
How do prices impact the status quo?The more that higher prices denote higher quality, the less sensitive consumers become to price. Competition pricing, also referred to as status quo pricing, is either keeping current prices (status quo) or basing prices on those of rival businesses.
How does product quality relate to price?Small pricing adjustments translate into huge quality changes when prices are low. Small price changes correspond to smaller quality changes when prices are higher. But in every situation, more expensive goods are of superior quality.
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Your store sales average 190000 per month your triple net lease has tbe following monthly terms: rent is 5% of sales insurance is 300 maintenance is 75 utilities total 300 and taxes are 120 you expect next years sales to increase 5% but your lease terms will remain the same calculate the next years annual leade payment
The next year's annual lease payment is $129,240. The term “Lease Payment” is analogous to the rental payment. It refers to the payment created between the owner and renter, per the contract.
A Lease payment refers to the amount that's adequate for the monthly rent prearranged in an exceedingly contract by 2 parties.
Step 1: Verify next year's regular payment.
Since next year, the sales regular payment can have increased by seven-membered, we can verify next year's annual sales as shown:
F=P(1+R)
where;
Next year regular payment
This year's regular payment
R=salary increase rate
In our case;
F=unknown, to be determined
P=190,000 per month
P=(190,000×12)=$2,280,000 annually
R=5%=5/100=0.05
replacing;
F=2,280,000(1+0.05)=$2,394,000
Step 2: Verify next year's rent.
Next years rent=0.05×2,394,000=$119,700
Step 3: Verify insurance, maintenance, utilities and total annual taxes.
Total=annual insurance payments+annual maintenance payments+annual utilities payments+annual taxes
Total=(300×12)+(75×12)+(300×12)+(120×12)=$9,540
Step 4: Verify next year's annual lease payments.
Next year's annual lease payments=next year's rent payment+ insurance+maintenance+utilities+annual taxes
where;
Next year's rent payment=$119,700
Insurance+maintenance+utilities+annual taxes=$9,540
replacing;
Next years annual lease payments=(119,700+9,540)=$129,240
Next year's annual lease payments=$129,24
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a company began its fiscal year with inventory of $202,000. purchases and cost of goods sold for the year were $961,000 and $995,000, respectively. what was the amount of ending inventory reported in the balance sheet?
$168,000 was the amount of ending inventory reported in the balance sheet.
Given, $202,000 was the initial inventory value at the start of the fiscal year. Total annual purchase = $961,000 and Cost of Goods Sold = $995,000 for the entire year.
Using the following formula, we can determine the amount of ending inventory: Inventory + Net Purchases - Cost of Goods Sold
$202,000 + $961,000 - $995,000 = $168,000 is the Ending inventory.
The amount of inventory a business has on hand at the end of its fiscal year is known as ending inventory. It has a strong connection to ending inventory cost, which is the sum of money spent acquiring these products for stock.
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the united states raised the dollar price of gold by nearly $15 per ounce in 1934. what was the result?
The result of raising the dollar price led to consumer prices getting doubled.
In the United States, consumer prices have approximately doubled since the Roosevelt government increased the dollar price of gold in 1934. As a result, gold's price had to climb since the dollar was overpriced in relation to gold until gold was abandoned as the foundation for a medium of exchange. American officials, on the other hand, claimed that the $35 price of gold was "immutable."
In order to avoid being caught with too many dollars on their hands, foreign creditors would instigate a run on the gold supply if they felt that this country was about to devalue. Everyone who had dollars in their possession before the devaluation would experience significant losses since more dollars would be needed to purchase a given amount of gold.
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companies that advocate unity of command would be least likely to adopt which organizational structure?
Companies that advocate the unity of command would be least likely to adopt a matrix organizational structure.
A professional in the legal industry is known as an advocate. The term has somewhat varying meanings in the legal systems of various nations. An advocate is someone who adds their voice by speaking on behalf of another person in court or by supporting or advancing a certain course of action. Advocacy definitions. a supporter of a cause, person, or idea. alternative words: supporter, exponent, proponent. Teams that have a matrix organizational structure report to various managers. Team members (remote or internal) in a matrix organization report to a project manager in addition to their department head. An organizational structure with multiple lines of reporting managers is called a matrix organization.
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kelley borrows $3,000 from paul and orally agrees to repay him in three annual installments. most courts would hold:
The oral contract is enforceable because Paul entirely performed his obligation below the contract.
How do you prove an oral contract?Such oral settlement can be proved either by means of a recording of such agreement when it took vicinity or a witness before whom such agreement happened. This may want to be the evidence which a individual may want to furnish to show his right. Oral agreements are unstable and now not protected as one does not understand when all and sundry returned out from his personal words.
An example would be if you had been at a yard sale and supplied to purchase a piece of fixtures or an article of apparel for $100 and the yard sale host common your offer.
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https://brainly.com/question/28195988#SPJ4masters, inc. prepares a budget that always includes 12 months of data. as each month ends, it is removed from the budget, and another month is added. masters uses which type of budget?
Masters, inc. creates a budget that always includes data for the previous 12 months. Each month is removed from the budget as it ends, and another month is added. Master uses a continuous budget.
What is a continuous budget?
The process of continuously adding one additional month to the end of a multi-period budget as each month passes is known as continuous budgeting. Because the continuous budgeting concept is typically applied with a twelve-month budget, there is always a full-year budget in place.
A business's capacity to produce a top-notch budget is significantly increased if it chooses to adopt continuous budgeting for a shorter time frame, like three months. Since sales forecasts are typically significantly more accurate over short time frames, the budget can be changed based on fairly plausible predictions of business activity.
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true or false: the benefits of an environmental marketing strategy extend to virtually all of a firm's stakeholders when the strategy is effectively integrated within a firm's general marketing plan.
When an environmental marketing strategy is successfully included into a company's overall marketing plan, benefits accrue to almost all of the stakeholders in the company. It is accurate to say this. This statement is True.
One illustration of this is the online shopping and auction website eBay. The website extends the lifespan of the products by enabling the exchange of commodities between clients. eBay's Classifieds section prevents usable things from ending up in landfills. Environmental marketing is a subset of marketing that emphasizes a good or service's impact on the environment.
A dedication to sustainable methods, inventive products or services, and a strong social media presence are some frequent environmental marketing qualities. Lack of resources, inexperience with green marketing, or unfavorable public attitudes are examples of weaknesses.
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question 6 of 10: you start the month with $332.11 in your checking account. you have the following withdrawals during the month: $34.56, $223.00, $12.22. you have deposits of $125.88 and $29.88 during the month. what is your balance at the end of the month?
Your balance at the end of the month is $218.09.
The minimum deposit or initial margin is the minimum amount required to open an account with a financial institution, such as a bank or brokerage firm.
Final Value means the Closing Price of a Share on the End Date, multiplied by the number of Shares otherwise issued upon expiration of the PSU Restrictions.
To get the final value, simply add and subtract the deposit/withdrawal amount from the initial amount in your account.
= $332.11 - $34.56 - $223.00 - $12.22 + 125.88 + 29.88
= $218.09
Your account stability is $218.09.
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which of the following transactions is most likely to appear on a statement of net worth? select one. question 3 options: a. inheriting property other than cash b. employer contributions made to a retirement savings account c. appreciation in value of a primary residence d. all of the above
Inheriting property other than cash , employer contributions made to a retirement savings account , appreciation in value of a primary residence are most likely to appear on a statement of net worth.
What is net worth?
A person or institution's net worth is determined by deducting the value of all of its outstanding liabilities from the total value of all of its financial and non-financial assets. Net worth can alternatively be succinctly represented as non-financial assets plus net financial assets because financial assets minus outstanding obligations equal net financial assets. It can be applied to organizations, people, governments, or even entire nations. One example would be the financial sector.
Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds.The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources.
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a manufacturer does not need to inspect and test any purchased components used in the final product to avoid product liability.
False: In order to avoid product responsibility, a manufacturer is not required to check and test any purchased components utilized in the finished product.
Which argument in a strict product liability case asserts that a manufacturer is not required to alert customers to risks that are widely recognized?Intelligent User: The manufacturer is not required to notify specific consumers if they are aware of a specific risk or should be aware of it.
What body of law underlies product liability?Product liability lawsuits are typically brought under the doctrines of negligence, strict liability, or warranty breach and are based on state law. Additionally, each state will have a set of commercial statutes that are based on the Uniform Commercial Code and contain warranty guidelines that affect product liability.
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your company wants to have greater success online. what are two ways that ads can drive your business goals
Your company wants to have greater success online and the two ways that ads can drive your business goals are, boosting the conversions by connecting to buyers at the moment that matter and maximizing exposure by reaching a wider audience.
Conversions are crucial for online business as they allow to identify the customers who are interested in the products. It ensures whether the marketing funnels are working for desired results or not. It analyses what the customers look for, the source of the traffic to the website, stages where customers face the problem, and other leads. It identifies whether the website works properly or not.
Ads also maximize the exposure of the online business and help reach a wider audience. It helps in reaching the target audience by displaying ads to selected customers. It promotes the business by using various formats.
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6) which of the following would best indicate that the firm is carrying excess inventory? a. a decline in sales b. a decline in the current ratio c. a decline in days' sales in inventory d. a stable current ratio with declining quick ratios e. a rise in total asset turnover
A stable current ratio with declining quick ratios would best indicate that the firm is carrying excess inventory.
When a company has excess inventory on hand than is necessary to fulfill expected demand, this is referred to as excess inventory. This may result in several operational difficulties and budgetary limitations.
A steady current ratio with a decreasing quick ratio over time can be a sign that you've accumulated too much inventory. If a company's quick ratio is much lower than its current ratio, it may be severely lacking in other liquid assets and relying largely on inventory.
A loss of revenue results from having too much inventory. As demand for a certain product declines over time, excess inventory loses value and takes up "shelf space" that could be occupied by a newer product with a larger profit margin.
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ashburn corporation issued 15-year bonds two years ago at a coupon rate of 7.6 percent. the bonds make semiannual payments. if these bonds currently sell for 106 percent of par value, what is the ytm?
The respect development of the securities is the rebate rate that compares the cost of the cling to the amount of limited coupons and the development standard worth of the security. The riskiness of the bond determines the yield to maturity.
Why is yield to maturity so significant?The term "yield to maturity" (YTM) refers to an investment's cash flow over time and is closely related to bond yield. A long-term bond yield is the total return on a bond that is anticipated when the bond matures and is expressed as an annual return.
What factors influence a bond's yield to maturity?Yield to maturity takes into account the following elements. Coupon rate: The yield of a bond or CD is proportional to its coupon rate, or interest payment. This is due to the fact that the bond or CD will accrue interest at a higher percentage of its face value each year. Cost — The higher a security or Cd's value, the lower its yield.
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Suppose the government places a per-unit tax on a good. The smaller the price elasticities of demand and supply for the good, the.
Suppose the government places a per-unit tax on a good. The smaller the price elasticities of demand and supply for goods, the smaller the deadweight loss from the tax.
The term deadweight loss of taxation, caused by the imposition of a new tax is referred to as deadweight loss of taxation. This results from a new tax that is higher than the amount normally paid to the government's taxing authority.
Deadweight loss is calculated as follows: deadweight loss = (new price - old price) x (original quantity - new quantity) / 2.
A per unit tax, also known as a specific tax, is one that imposes a fixed amount on each unit of a good or service sold, such as cents per kilogram. Thus, regardless of price, it is proportional to the specific quantity of a product sold. Excise taxes, for example, fall under this category.
The study of how buyers and sellers interact to determine transaction prices and quantities is known as demand and supply analysis. As we will see, prices reflect both the value to the buyer of the next (or marginal) unit and the cost to the seller of that unit at the same time.
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abba, inc. has developed the following standards for one of its products: direct materials - 1/2 pound at $6.00 per pound; direct labor - 1/4 hour at $20.00 per hour; variable overhead - 20% of direct labor cost. total fixed overhead is expected to be $15,000 and the company expects to produce 7,500 units. the standard cost card for this product will show a cost per unit of
If the company expects to produce 7,500 units. the standard cost card for this product will show a cost per unit of $11.00 per unit.
How to find the cost per unit?Using this formula to find the Cost per unit
Cost per unit = Direct materials + Direct labor + Variable overhead + (Fixed cost / Units produced)
Let plug in the formula
Cost per units = (1/2 x $6.00) + (1/4 x $20.00) + ($5.00 x 20%) + ($15,000/7,500)
Cost per unit = $3 + $5 + $1+ $2
Cost per unit = $11.00 per unit
Therefore the cost per units is $11.
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when an investor is looking for large and growing markets with the opportunity to build a large company, the domain they are focusing their attention on is select one: a. macro market b. micro market c. macro industry d. micro industry
The domain they are focusing their attention on macro industry. Any macro-level decision is one that does not deal with the micro-level decisions of management structures and product management.
External influences and the issues they cause are more of a focus for macro-level issues. A company's strategic management includes macro environment analysis, which enables it to domain and identify prospective possibilities and risks that could have an impact on the firm. The objective is to provide management with information that will help them make operational decisions in advance. Trade, industrial organisation and market structure, labour economics, public finance, and welfare economics are all areas where microeconomics is used.
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members of the international monetary fund may settle transactions among themselves by transferring special drawing rights (sdrs). group of answer choices true false unsure
Members of the International Monetary Fund may settle transactions among themselves by transferring Special Drawing Rights (SDRs). This statement is TRUE.
What are Special Drawing Rights?
The term "Special Drawing Rights" (SDR) refers to a form of international reserve currency established by the International Monetary Fund (IMF) in 1969 as an addition to the existing foreign exchange reserves of member nations. The SDR interest rate (SDRi) serves as the foundation for figuring out the interest rate levied against member nations when they borrow money from the IMF and the interest rate given to members for their paid creditor roles in the organization.
SDRs can be exchanged for other currencies, used for loan repayment, obligation payments, pledge payments, loan interest payments, or to enhance quota amounts.
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true or false: under the pecking order hypothesis, a firm will raise capital by using its net income, selling its marketable securities, issuing debt, and then issuing stock as the last resort. false true
According to the pecking order hypothesis, a company will first use net income to obtain money, then sell its marketable securities, issue debt, and then issue stock as a last resort. The statement is true.
Give a brief account on pecking order hypothesis.According to the pecking order theory, businesses prioritize their financing options (internal financing to equity financing) and reserve equity financing as a last resort. Priority is given to internal resources, and when they are exhausted, debt is issued. When it makes no sense to do so, equity is issued. According to this theory, organizations follow a hierarchy of financing options and favor internal funding when it is available. If external financing is needed, debt is favoured above equity.
The pecking order hypothesis clarifies the function of the private equity sector and, more significantly, emphasizes the causes for its existence, regardless of a company's size or level of development. Unlike conventional financiers, who often just provide financial support to businesses, the private equity sector also provides information to the entire financial system and management capabilities to businesses. These characteristics distinguish this sector from credit or banking institutions.
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a loan with borrow options that can be long term with periodic adjustments or short term with more frequent adjustments to the rate is a(n) mortgage.
A (n) renegotiable rate mortgage is a loan with borrow options that can be short-term with more frequent rate adjustments or long-term with periodic adjustments.
What is a mortgage with a balloon rate?At the end of the loan term, a balloon payment is a one-time payment that is larger than usual.If you have a mortgage with a balloon payment, you might pay less in the years before the balloon payment is due, but you might end up with a large balance at the end of the loan.
What kind of loan has a variable interest rate over the course of its term?A loan with a fixed rate has an interest rate that stays the same throughout the borrowing period, whereas a loan with a variable rate has an interest rate that fluctuates over time. Fixed rate loans, whose costs will never change, are typically preferred by borrowers who value predictability in their payments.
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which of the following is true of disposition of collateral? group of answer choices the debtor is entitled to receive any surplus collateral that remains after disposition. the debtor need not be notified of the disposition as the creditor has complete claim on the collateral. disposition of collateral occurs when the default is by the creditor. disposition of collateral must be a public proceeding.
The true statement for disposition of collateral is --- The debtor is entitled to receive any surplus collateral that remains after disposition.
Option A is correct .
Disposition of collateral :Collateral Disposition means any trade, transfer or other disposition to the limitation affecting capital or other rights or property that comprise Collateral under the Security Documents. Collateral Disposition means the trade, frontage, transfer or other disposition of the Vessel by the Borrower to any Person( it subsisting decided that a allowed Chartering Arrangement isn't a Collateral Disposition) or the trade of 100 of the Capital Stock of the Borrower.
Collateral surplus :Collateral Surplus means, with respect to any allotment Date, the excess, if any, of( a) the quantity on deposit in the Cash Collateral Account plus the Collateral Invested quantum over( b) the lesser of( x) the needed Collateral quantum or( y) at any time the Class B Invested quantum is lesser than zero and as long as an Early Amortization Period isn't in effect, at the option of the dealer( as substantiated by written instructions to the Servicer and the Trustee), similar advanced quantum as the dealer shall specify, from time to time, in similar instructions.
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the baxters are looking at a $425,000 home. they have $90,000 in savings to use as a down payment. what loan type(s) would likely be the best option for them?
Conventional people act or think in a way that is typical and expected.
What else does the word "conventional" mean?
The terms formal, ceremonious, and ceremonial are frequently used synonyms for conventional.Even though "marked by attention to or adhering strictly to prescribed forms" is the meaning of these words, "conventional" can also mean "according with general custom and usage" and "may suggest a stodgy lack of originality or independence."ordinary politeness.
What is an illustration of a conventional?
These things are always depicted using standard signs and symbols. These are small cups with typical eagle, lion, and griffin designs that have been deeply and crudely cut out.
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producers provide factors of production to the product market. do not participate in the factor market. purchase factors of production from the factor market. provide dollars to the product market.
Money is not regarded as a factor in production. Since money is only a means of exchange, it cannot help an economy become more productive like other components of production.
What does not constitute a production factor?Servicing does not enter into the production process. The four components of a production process are land, labor, capital, and organization.Money used to buy assets that are used to produce products and services is referred to as capital, also known as capital goods, as a factor of production.Since money is not a machine, piece of equipment, or tool utilized in manufacturing, it is not considered a capital resource. Money facilitates trade because it serves as a means of exchange rather than a means of production.Money is not regarded as a factor in production. Since money is only a means of exchange, it cannot help an economy become more productive like other components of production.To learn more about Factor of production refer to:
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suppose that, because of inflation, people in brazil economize on currency and go to the bank each day to withdraw their daily currency needs. this is an example of
Brazil economize on currency and go to the bank each day to withdraw their daily currency needs This is an example of shoe leather costs.
What are the economic costs of inflation?
In this frugality, inflation can put only two real expenses the less effective system of transactions that affect from holding lower plutocrat balances and the essential to change posted charges more constantly.
What are the main effects of inflation?Inflation raises charges, lowering your purchasing power. Inflation correspondingly lowers the valuations of pensions, savings, and Treasury notes. Capital similar as real estate and collectibles generally keep up with affectation. Variable interest rates on loans increase during inflation.
What are shoe leather costs?
Shoe- leather costs relate to the time and trouble it takes you to minimize the concussion of inflation on your finances. The term comes from the physical shoe leather that people would do in out while forming repeated passages to the bank
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in a perfectly competitive market with 5,000 firms, the equilibrium price and quantity are $0.70 and 3.0 million units. the demand curve facing a firm in this market is represented by:
The demand curve facing a firm in a perfectly competitive market is represented by a horizontal line at a 0.70 equilibrium price.
What is perfectly competitive market?A perfectly competitive market is one in which the number of buyers and sellers is very large, all engaged in buying and selling a homogeneous product without any artificial restrictions and possessing perfect knowledge of market at a time.
In a perfectly competitive market, a firm cannot change the price of a product by modifying the quantity of its output.
In a perfectly competitive market, the price of a product is determined by the forces of market demand and market supply and the price is set at such a level that the quantity demanded is equal to the quantity supplied. In terms of the demand and supply curves, this occurs where the market demand and the market supply curves intersect.
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mayan company had net income of $33,580. the weighted-average common shares outstanding were 9,200. the company has no preferred stock. the company's basic earnings per share is:
The company's basic earnings per share are $ 3.65
Earnings per share = 33580/9200
= $ 3.65
Stocks are devices of fair possession in a corporation. For some companies, stocks exist as an economic asset supplying an identical distribution of any residual income, if any are declared, in the shape of dividends.
Proportion trading method buying and selling stocks of businesses listed on the 2 main stock exchanges - the Bombay inventory alternate (BSE) and the national stock change (NSE). The purchaser of the shares receives sure possession in the agency. he's entitled to a percentage of a stake inside the enterprise.
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calculate the total cost of land if the purchase price was $150,000; the real estate broker commission were $10,000, and the demolition cost for the old building was $5,000.
The total cost of land will be 165,000 if the purchase price was $150,000; the real estate broker commission were $10,000, and the demolition cost for the old building was $5,000.
The total variable and fixed costs of a batch of goods or services are determined using the total cost formula. For calculating the overall cost of a product or product line, these data may be helpful.
Calculating the average total cost is a crucial step in your accounting process when pricing your goods and services. Making sure your product prices are high enough to cover both your variable and fixed costs is done in this stage. The total cost formula assists firms in calculating their overall operating costs.
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a firm has the following order history over the last 6 months (see appended information). what would be a 4-month weighted moving average forecast for july using weights of 30% for the most recent month, 50% for the month preceding the most recent month and 40% for the month preceding that one and 20% for the last month? is the actual demand over the last four months indicative of a trend (i.e. time series trend characteristic) according to company forecasters?
A : 137.5
June is the most recent month.
May is the month preceding the most recent month.
April is the preceding month.
March was the previous month.
Actual Demand over the last four months = (Demand- June * 0.3) + (Demand - May * 0.5) + (Demand-April *0.4) + (Demand - March *0.2)
Actual Demand over the last four months = (25* 0·3)+ (200*0.5) + (25*0₁4) + (100 * 0.2)
Actual Demand over the last four months = 7.5 +100+10+20
Actual Demand over the last four months = 137.5
Therefore, A = 137.5
Furthermore, we can see a pattern in which the odd months have a high interest while the even months have low interest; thus, keeping the pattern in mind, the interest for July is very high. As a result, the correct option is A = 137.5, the Actual Demand over the last four months
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The complete question is:
A firm has the following order history over the last 6 months (see appended information). what would be a 4-month weighted moving average forecast for July using weights of 30% for the most recent month, 50% for the month preceding the most recent month and 40% for the month preceding that one and 20% for the last month? is the actual demand over the last four months indicative of a trend (i.e. time series trend characteristic) according to company forecasters?
Month Actual Demand
January 120
February 95
March 100
April 25
May 200
June 25
Answer options:
A. 137.5
B. 137.5
C. 40
D. 42.5
E. 40
problem 10-14 (algo) basic variance analysis [lo10-1, lo10-2, lo10-3] becton labs, incorporated, produces various chemical compounds for industrial use. one compound, called fludex, is prepared using an elaborate distilling process. the company has developed standard costs for one unit of fludex, as follows: standard quantity or hoursstandard price or ratestandard cost direct materials2.00ounces$ 21.00per ounce$ 42.00 direct labor0.90hours$ 12.00per hour10.80 variable manufacturing overhead0.90hours$ 2.00per hour1.80 total standard cost per unit$ 54.60 during november, the following activity was recorded related to the production of fludex: materials purchased, 10,000 ounces at a cost of $197,000. there was no beginning inventory of materials; however, at the end of the month, 2,550 ounces of material remained in ending inventory. the company employs 24 lab technicians to work on the production of fludex. during november, they each worked an average of 170 hours at an average pay rate of $11.50 per hour. variable manufacturing overhead is assigned to fludex on the basis of direct labor-hours. variable manufacturing overhead costs during november totaled $4,800. during november, the company produced 3,700 units of fludex. required: 1. for direct materials: a. compute the price and quantity variances. b. the materials were purchased from a new supplier who is anxious to enter into a long-term purchase contract. would you recommend that the company sign the contract? 2. for direct labor: a. compute the rate and efficiency variances. b. in the past, the 24 technicians employed in the production of fludex consisted of 6 senior technicians and 18 assistants. during november, the company experimented with fewer senior technicians and more assistants in order to reduce labor costs. would you recommend that the new labor mix be continued? 3. compute the variable overhead rate and efficiency variances.
The variable overhead rate and efficiency variances are;
Material:
Std qty allowed 8050
(3500*2.30)
Std price 17
Actual qty purchased 11500
Actual qty used 8350
Actual price 15.55
Material price variance = Actual qty purchased (Std price-Actual price)
11500 (17-15.55) = 16675 Fav
Material Quantity variance= Std price (Std qty -Actual qty used)
17.00 (8050-8350) = 5100 Unfav
Yes.
Labour:
Std hour allowed 2100
(3500*0.60)
Std rate 13
Actual hours 2720
Actual rate 11.5
Labour rate variance = Actual hours (Std rate-Actual rate)
2720 (13-11.50 ) = 4080 Fav
Labour efficiency variance = Std rate (Std hours -Actual hours)
13 (2100-2720) = 8060 Unfav
No.
Variable Oh
Std hours allowed 2100
Std oh rate 2.5
Actual hours 2720
Actual Variable oh 3000
Variable oh rate variance= Actual hours*Std oh rate -Actual variable oh cost
2720*2.5 - 3000 = 3800 Fav
Variable Oh efficiency variance = Std oh rate (Std hours -Actual hours)
2.50 (2100-2720 ) = 1550 Unfav
The materials amount and exertions efficiency variances are generally the obligations of production managers and supervisors. The substances rate variance can be computed at what distinct points in time?
There are numerous kinds of performance, including allocative and productive performance, technical efficiency, 'X' performance, dynamic performance and social efficiency.
The performance principle states that a movement achieves the most gain whilst marginal blessings from its allocation of resources are identical to marginal social fees. The purpose is to provide desired products at the lowest possible cost, removing deadweight loss or misused assets.
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