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Travka [436]
1 year ago
3

one major objective in setting standards is to a.set them low so employees will not be stressed or pressured. b.set them to actu

al costs. c.set them high to push employees to work harder and faster. d.motivate employees to achieve efficient operations.
Business
1 answer:
Anna35 [415]1 year ago
7 0

Direct labor time variances are unfavorable when actual hours exceed standard hours. Each of Douglas Industries' 5,500 units required 2.5 standard hours of production time.

<h3>What does it mean to use the terms "standard hours allowed" or "standard quantity allowed"?</h3>

"Standard hours allowed" and "standard quantity allowed" refer to the following: the actual output in units divided by the permissible standard input. In a standard costing system, overhead is added to work in progress by: dividing the period's output in standard hours by the rate that has been predetermined.

<h3>What are the three things you need to think about to make sure your customers are happy?</h3>

Customer understanding, service, and technology are the three main factors influencing modern customer satisfaction. You can create real customer loyalty and provide positive, consistent customer experiences by utilizing these factors.

Learn more about standard hours here:

brainly.com/question/24562751

#SPJ4

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What is goodwill in a business sale and why is it amortized in the business financial statements
astra-53 [7]

Answer:

See below

Explanation:

Goodwill arises when is a business is acquired as a going concern. It is an intangible asset of a business. Goodwill represents the value of a company's customer base, its location, any patents, and the brand name. It consists of the value of suppliers, customers, and employee relationships that facilitates the smooth running of the business.

The value of goodwill is the difference between the purchase price and the net cost of its tangible and other intangible assets of a business. Amortization of goodwill means spreading the cost of goodwill to several financial years.

Goodwill is amortized because the business benefits from the goodwill for many years.  In other words, the expenditure on goodwill will profit the company in more than one financial year. As per the matching principle, expenses and incomes should be recognized in the period they occur. As benefits will be enjoyed in many years, the expenses should also be spread in similar years.

7 0
4 years ago
Your company expects to pay 5,000,000 Japanese yen 90 days from now. You decide to hedge your position by buying Japanese yen fo
Kitty [74]

Answer:

$47,500

Explanation:

The computation of the dollars amount for meeting the obligation is shown below:

= Expected amount to pay × forward rate

= 5,000,000 × $0.0095

= $47,500

We simply multiply the Expected amount to pay with the forward rate so that the accurate amount can come.

All other information which is given is not relevant. Hence, ignored it

6 0
3 years ago
How does a traditional adversarial relationship with suppliers change when a firm decides to move to a few suppliers
Lynna [10]

Answer and Explanation:

The traditional adversarial relationship with suppliers would change when a firm makes a decision to move to the new suppliers. The firm would focus more on the channels that provides more growth prospects.

Firms seek to build long term relationships with the few suppliers. Such long run relationship makes it more likely to recognize the specific objectives of the acquiring firm and the end customer.

4 0
3 years ago
Which of the following is true of a mixed economy? A. Individuals and corporations own the means of production. B. The governmen
olga_2 [115]
D,all of the above.. to be amixed economy it needs to have them all.
7 0
3 years ago
What best describes the difference between the great leap forward in china and industrialization in europe? workers in the great
sladkih [1.3K]
<span>The Great Leap featured communes without machines, while European industrialization included factories.</span>
3 0
3 years ago
Read 2 more answers
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