Answer:
Sale forecast
Explanation:
Sale forecast is the process of measuring the quantity of goods and services that will be sold by an organization in the future.
Sales forecasting enables organisations to see into the future and strategically plan their moves to increase growth of the company in years to come.
Sales forecasting is also very essential to marketers. If the forecast shows a coming decrease in sales, marketers can adapt by creating different promotions that boost more business.
The answer to this question is a business resolution. A
business resolution is also known as a corporate resolution which means the
business or company’s solution to a problem in the company. A business
resolution was being decided by board of directors of the company which they
have agreed and voted.
Answer:
a. 150 hours
b. 24.2 hours
Explanation:
Given
Motor tune-up
Standard Hours 2.5
Standard Rate $25.00
Standard Cost $62.50
Labor rate variance $ 150 F
Labor spending variance $ 200 U
Tuneups = 50
a.
Efficiency Variance = Labor Rate Variance + Labor Spending Variance
Efficiency Variance = 150 + 200 = 350
Total Standard Rate = Standard Rate * Actual Hours
Total Standard Rate = 25 * AH
Total Standard Hours = Standard Hours * Turn ups
Total Standard Hours = 2.5 * 50= 150
Efficiency Variance = Standard Rate (Actual Hours - Total Standard Hours)
350 = 25 (AH - 150)
14 = AH - 150
AH = 150 + 14
AH = 164 hours
b.
Rate Variance = AH (Actual Rate - Standard Rate)
Where AH = 164
Actual Rate = ?
Standard Rate = 25
Rate Variance = -150 ---- Given
So
-150 = 164(AR -25)
-150/164 = AR - 25
AR = 25 - 150/164
AR = 3950/164
AR = 24.08537 ---
AR = 24.1 --- Approximated
Answer:
Your study partner is correct that the distinction between government’s budget deficit and debt is similar to the distinction between consumer savings and wealth.
Savings and deficits are actions that take place over time, they dont happen overnight . When any government is spending more than it receives in tax revenue in a particular time period, this governmemt will be running a budget deficit. On the other hand, when consumers spend less than their disposable income in a particular time period, they are saving.
However, both debt and wealth are measured at one point in time. When the government runs a budget deficit, the deficit is almost always financed by borrowing, which adds to its debt. This is also Similar to consumers who accumulate wealth by saving.
We can also say that your study partner is wrong in that the government can run a large budget deficit and have a small debt if it hasn’t run large deficits in the past.
Explanation:
See answer for the detailed explaination