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2 years ago

7

Think about an important current event that you may have heard about recently. Describe at least two economic effects that the e

vent could have on a person and on the entire society.

1 answer:

sertanlavr [38]2 years ago

3 0

One is not getting a job and I'm sorry I really don't know

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You have an idea for a company that sources fruits from local farms and makes fresh juices on a daily basis. You want to start a

Sladkaya [172]

Explanation:

This issue is related to the VRIO model, which is an analytical technique to help a company evaluate its organizational resources and make them effective and competitive in the market. The acronym VRIO stands for Value, Rarity, Imitability and Organization, which together form the necessary points for business improvement.

Analyzing the question, it is possible to see that the company focused on issues related to value, rarity and organization, so the question that should be asked to achieve a sustainable advantage is the question related to imitability, which could be: It is difficult to imitate the product at the cost of the resource or capacity?

7 0

2 years ago

Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hour

Xelga [282]

Answer:

Results are below.

Explanation:

Giving the following information:

Direct materials: 5 pounds at $8.00 per pound $40.00

The planning budget for March was based on producing and selling 25,000 units.

<u>a)</u>

<u>The material cost included in the planning budget is the standard cost multiplied for the budgeted production.</u>

<u></u>

Direct material requiered= 25,000*5= 100,000 pounds

Standard cost per pound= $5

Direct material budget= 100,000*5= $500,000

b)

<u>The raw material's flexible budget adapts to the actual production level.</u>

Direct material flexible budget= standard cost*actual material used in production

Direct material flexible budget= 5*160,000

Direct material flexible budget= $800,000

<u>c)</u>

<u>To calculate the direct material price variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (5 - 7.5)*160,000

Direct material price variance= $400,000 unfavorable

6 0

2 years ago

How much taxes will be taken out of my paycheck.

natima [27]

Matters where you live. it is different in different places.

5 0

2 years ago

Which one of the following accounts will have a credit balance?

Tems11 [23]

Answer:

Common Stock

Explanation:

We know that

The debit sections track assets, expenses side, and dividend while revenues, stockholder equity, and the liability side are reported in the credit section.

So in the given question, the common stock has credit balance whereas the dividend, supplies, and the salary expense has a debit balance

By proper posting of accounts in the correct columns, the total of debit and credit columns would be matched.

3 0

2 years ago

Which of the following is an example of the benchmarking function of the budgeting process? A budget demands integrated input fr

Archy [21]

Answer:

The benchmarking function of budgeting system involves the evaluation of performance of managers.

The correct answer is C

Explanation:

The integration of inputs from different business inputs and function is done at the planning stage of budgeting. It does not involve benchmarking.

Budgeting requires requires close cooperation between accountants and operational personnel. This is referred to as active participation in budgeting. It helps to overcome behavioural challenges of budgeting.

Budget figures are used to evaluate the performance of managers. This is a benchmarking function of budgeting because it involves the comparison of performance of managers with established criteria so as to determine their level of success.

The budget outlines a specific course of action for the coming year. This indicates that a budget is a financial plan that outlines future courses of action. This does not require benchmarking.

7 0

2 years ago