Answer:
Decrease by $ 186,000
Explanation:
Variable Mfg. Cost $ 270
Variable Marketing $ 100 + increased by 2 per unid = $ 102
Total Variable $ 372
NOW Sales Price $ 310
Less Total Variable Cost 372
= Contribution Margin $ -62
Times units sold × 3000
= losses $ 186,000
Answer and Explanation:
The computation is given below:
a)
Direct labor rate variance = (Actual rate - Standard rate) × Actual hours
= ($22.50 - $23) × 8,450 hours
= -$4,225.00 Favorable
Direct labor time variance = (Actual hours - Standard hours) × Standard rate
= (8,450 hours - 8,400 hours) × $23
= $ 1,150.00 Unfavorable
Total direct labor cost variance is
= Direct labor rate variance + Direct labor time variance
= $4,225 Favorable + $1,150 Unfavorable
= -$3,075.00 Favorable
b. In the case when the employees are not much experienced or they are poorly trained so the less experience cause to less performance due to which the actual time needed should be more than the standard one
Answer:
(D) Southwest Airlines views itself as operating in a devolving market.
Explanation:
If Southwest Airlines believes it is operating in a devolving or declining market it will not make efforts to generate customer information with a view to enhancing customer experience.
The actions of Southwest Airlines are consistent with a company in an evolving market where there are new opportunities to expand their customer base and grow returns on investment.
Answer:
Just seven states — Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming — do not levy an individual income tax. Relatively few New Hampshire and Tennessee residents pay tax on their income, but because these states collect taxes on dividends and interest income, they were not included on this list.
Explanation:
Answer: 1) 2000/yr, 3000/yr, 4000/yr
2) y = ax + b
3) 7.5yrs, 6.7yrs
Explanation:
We need first to know what exactly is the rate of increase for each level of employee over time. Also a mathematical model that will allow to input the number of years the employee has been working and give back their current salary. Finally, the years of working Level 1 employee should expect to be promoted to Level 2 and after how many years of working Level 2 employee be promoted to a Level 3.
Solution:
Rate of increase( slope) = increase/number of years.
Level 1
(19000 - 15000)/2 =4000/2 = 2000/year
Level 2
(36000 - 30000)/2 = 6000/2 = 3000/year
Level 3
(58000 - 50000)/2 = 8000/2 =4000/year
Mathematical model: y = ax + b
Where y = current salary
X = number of years
a = slope
b = starting salary
Number of years of promotion:
Level 1
30000 = 2000x + 15000
X = 7.5yrs
Level 2
50000 = 3000X + 30000
X = 6.7yrs
