Answer:
the material quantity variance is $1,350 unfavorable
Explanation:
The computation of the material quantity variance is given below:
Materials quantity variance is
= (Actual quantity × Standard price) - (Standard quantity × Standard price)
= (21,200 × $1.50) - [(2,900 × 7) × 1.5]
= $31,800 - $30,450
= $1,350 Unfavourable
Hence, the material quantity variance is $1,350 unfavorable
If you focus on managing the production and delivery of your organization’s products or services more effectively, you are managing its. Operations
This is further explained below.
<h3>What is
Operations management?</h3>
Generally, Operations management is a subfield of management that focuses on the planning and administration of the production process, as well as the reorganization of corporate operations that are involved in the manufacturing of products or services.
Additionally, operations management is concerned with the reorganization of corporate operations that are involved in the distribution of goods.
The process of ensuring that goods are transported from one location to another in a way that is not only effective but also efficient is referred to as "delivery management," and it falls within the purview of delivery management.
In conclusion, You will be better able to manage your firm if you concentrate on improving the efficiency with which it manufactures and distributes the goods or services it offers. Operations
Read more about operations management
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Answer:
The reason for information assortment is to get data which will help in settling on vital choices. In the ebb and flow case, Mayo facility needs to extend their global deals income by 100 percent and they need to do statistical surveying before making any further strides with respect to extension. To complete statistical surveying they are different techniques for information assortment
Secondary Data Collection
Inside Sources-Customer criticism will assist with deciding the client needs and deals record will assist with deciding the territories which needs improvement
Outside sources-Business diaries, Business magazines and web will help in getting the PESTEL (Political, Economic, Social, Technological, Ecological, Legal) examination for a nation which will help in drawing an appropriate technique for development
Primary Data Collection
Poll It's one of the most mainstream strategy for information assortment where survey is sent to the respondents and respondents should fill the poll and sent it back to the concerned division. It's a minimal effort strategy and gives the capacity to cover huge topographical region.
Telephonic Interviews - It's a less expensive choice than individual meeting technique and can be led by reaching tests on phone. It's a quicker method to contact enormous crowds and has high reaction rate.
Answer:
1. The obligation to transfer the vacuum cleaner in lieu of the price.
2. To honour one year warranty for any product defect that is part of the purchase contract and an inherent obligation.
Explanation:
The contract for purchase of a vacuum cleaner has two performance obligations;
1. The obligation to transfer the vacuum cleaner in lieu of the price.
2. To honour one year warranty for any product defect that is part of the purchase contract and an inherent obligation.
it may be noted that the extended warranty is a separate performance obligation as it can be purchased at the same time of original purchase or later and separate consideration is payable for that and there is no direct co-relation of the extended warranty obligation with the initial purchase.
Answer:
-8%
Explanation:
For computing the total return from your investment, first we have to determine the return from investment which is shown below:
Return on investment = Total inflow - total outflow
where,
Total inflow = $90 + $2 = $92
And, the total outflow = $100
So, Return on investment would be -$8
Now the Return on investment in percentage would be
= Return on investment ÷ investment × 100
= - $8 ÷ $100 × 100
= - 8%
