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<u>Solution and Explanation:</u>
Trend-Adjusted Forecast(TAF) = 250
The initial estimate of trend is based on the net change of 30 for the three periods from 1 to 4, for an average of +10 units
Given data
Period Actual
1 212
2 221
3 227
4 242
5 260
6 263
7 277
8 281
9 292
α=.5 and β=.1
Initial Trend = = 30/3= 10
For period 5 Dt= 260 (Period 5 actual demand)
Tt= 10
Ft= 250(TAF)
So TAF for period 6
Answer: $7.50
Explanation:
The Contribution Margin of a good refers to it's SELLING price per unit MINUS it's VARIABLE costs per unit. The term CONTRIBUTION is referring to the portion of sales that is not consumed by variable costs and so CONTRIBUTES to the coverage of Fixed Costs.
So the formula for Contribution margin is,
= Selling Price per unit - Variable Costs
= 13 - 5.50
= 7.50
The Contribution Margin of Dot Motion Picture Tickets are $7.50
Answer:
The actual price was $0.2 lower than the standard price.
Explanation:
Giving the following information:
A company purchases 20,000 pounds of materials. The materials price variance is $4,000 favorable.
<u>To calculate the direct material price difference, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
4,000 = (direct material price difference)*20,000
$0.2= direct material price difference
The actual price was $0.2 lower than the standard price.
The levels of organizational culture that are described are socially coordinated efforts and greater personal satisfaction for everyone.
From the complete question, the new employees can be socialized by getting involved in the company's social activities such as summer grills, paintball rivalries, etc.
Lastly, the cultural significance of the open-book management technique is that it ensures financial transparency and ensures that employees do their jobs more effectively.
Learn more about organizational culture on:
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