Answer:
delegation of authority
Explanation:
Louise projects a part of the work to her subordinates, and this is referred to as the delegation of authority. Her job duty is to delegate tasks to subordinates efficiently, and it shouldn't be considered as a way of putting in less effort. A manager (especially a project manager) has the duty of segregating the project into chunks and efficiently delegating it to colleagues.
Answer:
7.47 times
Explanation:
The computation of operating leverage is shown below:-
= (Sales - Variable costs) ÷ (Sales - Variable costs - Fixed costs)
= ($1,896,000 - $804,000 - $180,000) ÷ ($1,896,000 - $804,000 - $180,000 - $520,000 - $270,000)
= $912,000 ÷ $122,000
= 7.47 times
The (Sales - Variable costs) = Contribution margin
The (Sales - Variable costs - Fixed costs) = EBIT
The correct answer is 7.47 times.Therefore, the option is not available.
Answer:
It is cheaper to produce in-house. Cost savings= $3500
Explanation:
We need to find whether it is better to produce in-house or to purchase to a supplier.
Q= 175000
Produce in house:
Direct Materials $15,000
Direct Labor $5,000
Variable overhead $6,000
Fixed overhead $9,000
Total cost= $35000
Outsource:
Purchase Cost= 175000q*$0.18= $31500
Fixed Cost= (9000-2000)= $7000
Total cost=$38500
It is cheaper to produce in-house. Cost savings= $3500
Answer & Explanation :
Bank Reconciliation Statement is prepared to reconcile (match) the differences between bank balance as per cash book & bank balance as per pass book, at end of an accounting period.
The differences may arise because of following reasons :
- Errors committed by firm or bank
- Cheques paid but not collected, upto the last date (added in cash book, but not in bank balance)
- Cheques issued but not yet presented for payment, upto last date (subtracted in cash book, but not in bank balance)
- Direct expenses & direct incomes settled by bank (done in bank balance, but not in cash book)
BRS involves starting with balance as per any book - cash book or passbook. Then, the adjustments for mismatch are done, to arrive at correct balance as per the other book.
Answer:
Answer to this question is 'Sales per square foot'.
Explanation:
To determine the effectiveness of any retail space, the sale per square foot is to be calculated. Sales per square foot is a measure that is used to calculate the revenue that any retail store is able to generate for each foot in their given retail space. Sales per square foot is calculated by dividing 'Total Net Sales' with the 'Total Floor Area' of the given retail store. Therefore, the calculation of the indicator is arrived at by determining the Sales per square foot for its store.
