Julie is focused on the control managerial function when she measures performance and corrects as necessary. There are five types of management functions and they are planning, organizing, directing, coordinating and control. In the control stage it allows managers to determine how much or how little control over the organization and their employees they wish to have.
Answer:
The correct answer is letter "B": improve; rise.
Explanation:
Terms of Trade measures the efficiency of a country's trade. It is a ratio which compares the exports of a country with its imports. It is <em>calculated by dividing the export value by the import value, and by multiplying the result by one hundred (100)</em>. A terms of trade figure higher than 100, means a country exporting goods at a higher value than its imports.
<em>Given the case that there is no willingness to trade in an economy after a growth, the most possible scenario to take place is that the trade terms will </em>improve <em>as a result of the decrease in the demand of imports and assuming the level of exports keeps at the constant level that allowed the economic growth or if it even </em>rises<em>.</em>
Answer:
1.30
Explanation:
The cost of production is usually split into direct and indirect cost or overheads. the overheads is usually stated as a function of the direct cost( labour, machine hours, materials etc.)
The predetermined overhead rate
= $1,170,000/$900,000
= 1.3
This means that the company will incur an overhead cost of $1.30 for every $1 spent on direct materials.
Answer:
Variable overhead efficiency variance = $2,212unfavorable
Explanation:
variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected.
Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance
Hours
5,400 units should have taken (5,400×3.8 hours) 20,520
but did take <u> 20,800</u>
Labour hours variance 280 unfavorable
Standard variable overhead rate × <u>$ 7.90</u> per hour
Variable overhead efficiency variance $2,212 unfavorable
Variable overhead efficiency variance = $2,212unfavorable
Answer:
A. $194, 035
Explanation:
Predetermined Manufacturing overhead Rate = Estimated total overheads / Estimated direct labor hours
Predetermined Manufacturing overhead Rate = $176,000 / 13,700
Predetermined Manufacturing overhead Rate = $12.85 / direct labor hour
Actual Labor hours = 15,100 hours
Manufacturing overhead allocated = $12.85x 15,100
Manufacturing overhead allocated = $194,035
The correct option is A. $194, 035