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4 years ago

What is the three part process for problem solving\?

1 answer:

8 0

The three part process for problem solving are:
1. Analyse the problem: take the problem into parts and consider what could be done and what could not be done.
2. Solve for the unknown: decide on a suitable solution based on the results of the analysis that you carried out.
3. Evaluate the answer: Evaluate your solution to see if it the very best you can come up with.

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The Fluffy Feather sells customized handbags. Currently, it sells 18,000 handbags annually at an average price of $89 each. It i

MAVERICK [17]

Answer: $146,000

Explanation: $146,000

Sales = (Firms estimates x low-priced line) - (Higer-Priced line x Average Price)

(7,000 × $59) + (-3,000 × $89) = $146,000

8 0

3 years ago

A broker-dealer offers 4 summer passes to an amusement park to each of its agents who sell at least $10,000 of bonds during the

inn [45]

Answer:

I (allowed) and IV (not considered soft dollar compensation)

Explanation:

Soft dollar compensation refers to payments made to brokerage firms or agents as commission revenue. They differ from hard dollar compensation because hard dollars are payments that were agreed upon before an investor started working with the broker, while soft dollars are based upon variable commissions.

4 0

4 years ago

Assume that ExxonMobil uses a standard cost system for each of its refineries. For the Houston refinery, the monthly fixed overh

maksim [4K]

Answer:

a. Fixed overhead budget variance = Budgeted fixed overhead - Actual fixed overhead

= $8,000,000 - $8,750,000

= $750,000 Unfavorable

b. Predetermined overhead rate per barrel = $8,000,000 / 5,000,000

= $1.60 per barrel

Fixed overhead applied = 5,100,000 * $1.60

= $8,160,000

Fixed overhead volume variance = Fixed overhead applied - Budgeted fixed overhead

= $8,160,000 - $8,000,000

= $160,000 Favorable

c. Fixed overhead budget variance = Budgeted fixed overhead - Actual fixed overhead

Predetermined overhead rate per barrel = Budgeted fixed overhead / Planned outputs

Fixed overhead volume variance = Fixed overhead applied - Budgeted fixed overhead

5 0

3 years ago

The straight-line depreciation method and the double-declining-balance depreciation method: A. Produce the same depreciation exp

Artemon [7]

The relationship between the straight-line and double-declining-balance method is that they D. Produce the same total depreciation over an asset's useful life.

<h3>How are the straight-line and double-declining-balance methods related?</h3>

While they do not produce the same depreciation every year, they will eventually depreciate an asset in the same way overtime.

What this means is that both methods will depreciate an asset by the same amount at the end of the asset's life. However, the depreciation amounts will vary by method on an annual basis.

In conclusion, option D is correct.

Find out more on depreciation methods at brainly.com/question/26948130.

6 0

2 years ago

Jaguar has full manufacturing costs of their Sminustype sedan of pound22,803. They sell the Sminustype in the UK with a 20% ma

Anika [276]

Answer:

Explanation:

Old Price 27363

Exchange Rate 2.01

USD Value 55000

the company has committed to sale at $55000 existing price for next six months.

No currency hedge contract has been made by jaguar, in such case due to appreciation of pound the value of dollar will decrease but due to commitment by jaguar not to fluctuate the cost the total amount receivable in pounds will decrease as compared to 6 months before

USD Value 55000

Exchange Rate 2.15

Price in Pounds 25581

Decrease in pounds = 27363-25581 = 1782 loss

3 0

3 years ago

Read 2 more answers