SWOT analysis is a framework for identifying and analyzing a company's strengths, weaknesses, opportunities, and threats. these words make up the SWOT acronym.
The number one intention of SWOT analysis is to boom focus of the factors that cross into creating a business choice or establishing a commercial enterprise approach.
SWOT analysis is a strategic planning and strategic management method used to assist a person or business enterprise pick out Strengths, Weaknesses, opportunities, and Threats related to commercial enterprise opposition or project-making plans. it is every now and then known as situational evaluation or situational evaluation.
A SWOT evaluation is a planning tool that seeks to perceive the Strengths, Weaknesses, opportunities and Threats concerned in a task or agency. it is a framework for matching an employer's dreams, programs and capacities to the surroundings wherein it operates.
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Answer:
C. $ 13.31 per machine hour.
Explanation:
Standard variable manufacturing overhead allocation rate is calculated by dividing the Budgeted overhead by the Budgeted level of activity on which the overhead is allocated. It is a rate at which the overhead is allocated to a product / project/ department.
First we need to calculate the standard variable manufacturing overhead allocation rate using machine hours.
Standard variable manufacturing overhead allocation rate = Budgeted overheads / budgeted Machine hours
Standard variable manufacturing overhead allocation rate = $5,325 / 400 machine hours
Standard variable manufacturing overhead allocation rate = $13.3125 per machine hour
Standard variable manufacturing overhead allocation rate = $13.31 per machine hour
Answer:
B. increase in output obtained from a one unit increase in labor
Explanation:
Marginal product is the change in output as a result of a change in factor input such as labor (L) or capital (K).
Marginal product of capital is the change in output resulting from a change in capital.
It can be calculated by :
Marginal product of capital (MPK)= change in output/change in capital
That is,
MPK=∆Q/∆K
Marginal product of labor is the change in output when additional labor is added. Only labor changes in marginal product of labor. It can be calculated by
Marginal product of labor (MPL)= change in output/change in labor
That is,
MPL=∆Q/∆L
FICA tax includes a 6.2% of social security and 1.45% Medicare tax on earnings.
Answer:
→Being efficient implies the system is operating the 'right' way.
The relationship between effectiveness and efficiency is that effectiveness is a measure of 'goodness' of output,
→while efficiency is a measure of the resources required to achieve the output.
Explanation: