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Mazyrski [523]
11 months ago
13

when a company will reduce the number of projects they have to manage internally to only core projects and send noncritical proj

ects to contractors and consulting firms this is called
Business
1 answer:
kolezko [41]11 months ago
8 0

When a company will reduce the number of projects they have to manage internally to only core projects and send noncritical projects to contractors and consulting firms this is called outsourcing.

Outsourcing is the business exercise of hiring a party outdoor a company to carry out offerings or create goods that were traditionally completed in-house through the enterprise's very own personnel and personnel. Outsourcing is a practice generally undertaken by businesses as a price-reducing measure.

Some commonplace outsourcing activities encompass human useful resource control, centers control, supply chain control, accounting, customer support and service, advertising, pc aided design, research, design, content material writing, engineering, diagnostic offerings, and felony documentation.”

Learn more about company here: brainly.com/question/24448358

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On January 1, Gucci Brothers Inc. started the year with a $705,000 balance in Retained Earnings and a $608,000 balance in common
gtnhenbr [62]

Answer:

Stockholder Equity= $1,414,400

Explanation:

Stockholder Equity is the owners contribution to a business and it is made up of retained earnings and stock.

Stockholder Equity = Common stock + Retained Earnings

Let's track changes in common stock

Common stock= Starting balance + New stocks issued

Common stock= 608,000 + 22,500

Common stock= $630,500

Changes in retained earnings

Retained earnings= Starting balance + Income earned - Dividend paid out

Retained earnings= 705,000 + 93,000- 14,100

Retained earnings= $783,900

Therefore

Stockholder Equity= 630,500+ 783,900

Stockholder Equity= $1,414,400

7 0
3 years ago
In a company's standard costing system, direct labor-hours are used as the base for applying variable manufacturing overhead cos
BARSIC [14]

Answer:

From this information one can conclude that last period the variable overhead efficiency (quantity) variance was <u>unfavorable.</u>

Explanation:

The variable overhead efficiency variance measures the difference between the actual and budgeted hours worked with respect to standard variable overhead rate per hour.

Variable overhead efficiency variance can be calculated thus:

Actual labor hours less budgeted labor hours x Hourly rate for standard variable overhead

If the time it takes to manufacture a product and the time budgeted for it matches or performs well, the labor efficiency is favorable.

Variable overhead efficiency variance is deemed unfavorable when it takes the company more time than budgeted to produce. This also shows labor efficiency variance was unfavorable.

4 0
3 years ago
An economy where the government sets prices, determines what and how many items will be produced, and assigns
marysya [2.9K]
The answer would be A, command economy
5 0
3 years ago
Inflation that is out of control is referred to as _____.
ycow [4]
The term that best describes an inflation wherein it is considered to be out of control is a hyperinflation. By definition, this specific kind of inflation comes to a point wherein the government would then initiate a policy wherein it would print its own money just to settle with its spending. 
3 0
3 years ago
Read 2 more answers
Suppose the cost of flying a 200-seat plane for an airline is $100,000 and there are 10 empty seats on a flight. If the marginal
cluponka [151]

Answer:

a. sell the ticket because the marginal benefit exceeds the marginal cost.

Explanation:

Marginal cost is the cost incurred for an additional unit and Marginal benefit is the amount f benefit received from an additional unit. Net marginal benefit is calculated by deducting marginal cost from marginal benefit.

The company should sell the seats when there s net marginal benefit. In this question the data is given as follow

Marginal cost of each seat = $200

Marginal benefit of each seat = $300

As the net marginal benefit is $100 ($300-$200), so they should sell the tickets.

7 0
3 years ago
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