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2 years ago

environmental performance indicators that are the critical success factors in a sustainability perspective include

Business

1 answer:

kompoz [17]2 years ago

7 0

Factors that are responsible for environmental performance indicators in a sustainability perspective include :

Operational indicators assess potential environmental strains.
Management indicators assess attempts to mitigate environmental effects.
Environmental condition indicators assess the quality of the environment.

What is Environmental Sustainability ?

Environmental sustainability is the obligation to conserve natural resources and protect global ecosystems for current and future health and well-being.

Because of how much energy, food, and man-made resources we consume every day, environmental sustainability is critical. Rapid population growth has increased agricultural and manufacturing, which has resulted in increased greenhouse gas emissions, unsustainable energy consumption, and deforestation.

To know more about Environmental Sustainability

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

geniusboy [140]

The materials quantity variance for March for Preble Company, which manufactures a product, is <u>$96,000 Unfavorable</u>.

<h3>What is a materials quantity variance?</h3>

A material quantity variance shows the difference between the actual materials consumed and the budgeted amount in production.

Computing the materials quantity variance helps management to determine the production efficiency.

The materials quantity variance can be computed using the following formula:

Materials Quantity Variance = (Standard Quantity Units – Actual Quantity Units ) ✕ Standard Cost Per Unit.

<h3>Data and Calculations:</h3>

Planned production and sales units = 32,000 units

Actual production and sales units = 37,000 units

<h3>Standard Costs:</h3>

Direct materials: 4 pounds at $8 per pound $ 32

Direct labor: 2 hours at $16 per hour 32

Variable overhead: 2 hours at $6 per hour 12

Total standard cost per unit $ 76

<h3>Actual Costs:</h3>

Purchase of raw materials = 160,000 pounds

Cost of purchase per pound = $7.40

Direct labor hours = 67,000 hours

Direct labor rate = $17 per hour

Total variable manufacturing overhead = $422,100

Materials Quantity Variance = (Standard Quantity Units – Actual Quantity Units ) ✕ Standard Cost Per Unit.

= (37,000 x 4 - 160,000) x $8

= $96,000 Unfavorable

Thus, the materials quantity variance for March for Preble Company is <u>$96,000 Unfavorable</u>.

Learn more about computing variances at brainly.com/question/15858152

3 0

2 years ago

The marginal propensity to consume is the: a overall portion of disposable income that is consumed (and not saved) b amount by w

Neporo4naja [7]

Answer:

.d amount by which consumption increases when disposable income increases by $1.

Explanation:

The marginal propensity to consume is measured by measuring what proportion of a $1 increase in income is spend on consumption, so if the marginal propensity to consume is 0.85 it means that when income increases by $1 consumption will increase by $0.85 as (0.85*1)= 0.85

8 0

3 years ago

British Textile Manufacturer entered into a contract with Cotton Broker for 2,000 bales of cotton to be shipped from India to En

sukhopar [10]

Answer:

Yes, there was a bilateral mistake of material fact.

8 0

3 years ago

Which of the following assets purchased in the current year are eligible to be expensed under Section 179 assuming the cost does

Ede4ka [16]

Question 1 Completion with Options:

A. used equipment

B. storage warehouse

C. land for future building site

D. new office furniture

E. apartment complex

F. new delivery truck

Answer:

1. The assets purchased in the current year that are eligible to be expensed under Section 179 assuming the cost does NOT exceed the limitations are:

A. used equipment

D. new office furniture

F. new delivery truck

2. $561,000 is the maximum to be expensed with an adjusted basis of 100% for MACRS

Explanation:

There is a maximum deduction of $1,050,000 under section 179. The section affords eligible taxpayers the opportunity to reduce their tax burden in the first year that they purchase eligible properties.

7 0

3 years ago

Megan Corp. recognizes revenue over time to account for long-term contracts. At the date the contract is signed, the price is $6

Alika [10]

Answer:

a. $30,000 loss

Explanation:

Calculation to determine What is the amount of gross profit or loss that is recognized in year 2

First step is to calculate the Year 1 Cost to cost ratio using this formula

Year 1 Cost to cost ratio = 200,000 / ( Costs incurred + Cost to complete)

Let plug in the formula

Year 1 Cost to cost ratio= 200,000 / (200,000 + 200,000)

Year 1 Cost to cost ratio= 50%

Second step is to calculate the Gross profit or loss using this formula

Gross profit/Loss = 50% * ( Price - estimated cost to complete)

Let plug in the formula

Gross profit/Loss= 50% ( 600,000 - 400,000)

Gross profit/Loss= $100,000

Third step is to calculate the Year 2 Cost to cost ratio

Using this formula

Year 2 Cost to cost ratio = 350,000 / ( Costs incurred + Cost to complete)

Let plug in the formula

Year 2 Cost to cost ratio = 350,000 / (350,000 + 150,000)

Year 2 Cost to cost ratio = 350,000 / 500,000

Year 2 Cost to cost ratio = 70%

Now let calculate the gross profit or loss using this formula

Gross profit = 70% * ( Price - estimated cost to complete) - Previous Gross

Let plug in the formula

Gross profit= 70% ( 500,000 - 400,000) - 100,000

Gross profit= -$30,000

Gross Loss of $30,000 in Year 2

4 0

3 years ago