Answer:
The month that is lower than the lower control limit is February ($220,000).
Explanation:
Giving the following information:
Highland Company's standard cost is $250,000.
The allowable deviation is ±10%.
Actual Fixed costs:
January $235,000
February 220,000
March 245,000
April 265,000
May 270,000
June 280,000
First, we need to calculate the lower control limit:
Lower control limit= 250,000*0.9= $225,000
The month that is lower than the lower control limit is February ($220,000).
Resource management effectively develops and uses the resources of the organization. Credentialing recognizes and confirms the personnel.
<h3>What is credentialing?</h3>
Credentialing is a process that involves the documentation of the individual of the organization or the corporation so that the true and fair authentication and qualification of the person associated are ensured.
It is an essential function of the management that confirms the skills and requirements of the person that will be an asset to the organization. The qualifications of the person required will be established and can be approved.
Therefore, credentialing is used to determine and affirm.
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The value of the goods produced is recorded for the the current year GDP. The year of production not the year of the sale is where the product being produced needs to be recorded within. If it is sold the following year, the sale will then be recorded in the year it is sold in.
60% of $90,000 is: 60/100*90,000=0.6*90,000=54,000
<span>So, the sales associate plans $64,000 from the total income to come from sold listings .
</span>40% of $90,000 is: 40/100*90,000=0.4*90,000=36,000
So, the sales associate plans $36,000 from the total income to come from sales made.
<span>If the average commission from listings sold is $3,000 she must cell X=64,000/3000=21,3 ~22 listings (at least) in order to achieve her goal.</span>
Lincoln company's strategy of dividing its consumer market will enables it to define customer needs and wants more precisely.
<h3>What is the
strategy used by Lincoln company?</h3>
In marketing, this is known as segmentation which involves division of customers according to their segment such as age, needs, gender etc.
Here, as the firm has divided its consumer market into several groups that have similar interests in wooden furniture, this will allow them to define customer needs and wants more precisely.
Therefore, the Option B is correct.
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