Answer: (D) Support process
Explanation:
The support process is one of the type of primary process that helps in determining the main core functions and also the operations such as communication, accounting, managing and maintenance of an organization.
The main purpose of the support process is to manage the development and the configuration management in an organization.
According to the given question, the support process is refers to the business process which include the purchasing the various types of materials that is used in the manufacturing purpose such as installations and also managing the inventory system.
Therefore, Option (D) is correct answer.
Answer:
$19.21
Explanation:
The computation of the unit cost per item is as follows:
Beginning merchandise inventory $52,000
Add: Purchases + freight in $293,000 ($280,000 + $13,000)
Less: Ending merchandise inventory -$54,900
Cost of goods sold $290,100
Now the cost of goods sold per unit is
= $277,100 ÷ 15,100 units
= $19.21
Answer:
Steak is a normal good, and hamburger is an inferior good for Jennie
Explanation:
Based on this behavior, we can assume steak is a normal good, and hamburger is an inferior good for Jennie. That is because a normal good is any good who's demand increases when there is a rise in the consumers' income, while an inferior good sees decreased demand due to a rise in income. Therefore, since Jenna buys more (increased demand) steak and less (decreased demand) hamburger due to her increased income this means that steak is a normal good, and hamburger is an inferior good for Jennie
Answer:
Explanation:
1. Calculate the efficiency variance for variable overhead setup costs.
This will be calculated as:
= Standard Hours - Actual Hours) × Standard rate
= (15000/225 × 5.25 - 15000/250 × 5) × 38
= (350 - 300) × 38
= 50 × 38
= 1900 Favourable
2) Calculate the rate variance for variable overhead setup costs.
This will be:
= Standard rate- Actual rate) × Actual Hour
= (38-40) × (15000/250 × 5)
= -2 × 300
= -600 Unfavourable
3) Calculate the flexible-budget spending variance for variable overhead setup costs.
This will be the difference between the standard cost and the actual cost. This will be:
= (15000/225×5.25 ×38) - (15000/250×5 ×40)
= 13300 - 12000
= 1300 Favourable
4) Calculate the spending variance for fixed setup overhead costs.
what formular did you use.
This will be:
= Standard Cost - Actual Cost
= 9975-12000
= -2025 Unfavorable
Answer:
<u>Yes, because Boat Builders, LLC failed to exercise a reasonable standard of care at their premises.</u>
Explanation:
<em>Remember, </em>we are told, "Jake... invited them back to the Boat Builders premises," meaning they (Boat Bilders, LLC) had a duty of care responsibility toward all of his employees present.
Note we are told, "Mark made light of it but gave Jake a menacing look so Jake dropped it," this was a moment that shows Jake's negligence because as the owner of Boat Builders he had a duty of care to ensure no one is hurt without their own fault within their premises (which included their "parking lot").