Facility expenses in the flexible budget comes out to be $24,260.
<h3>What is flexible budged?</h3>
A flexible budget is one that is based on various sales volumes. For each projected level of production, the static budget is adjusted by a flexible budget. Due to this flexibility, management is able to predict how the budgeted figures will change as sales volume changes.
Calculation for the facility expenses in the flexible budget for December:
The table of the data used in budgeting: Fixed Element per Month Variable element per tenant-day Revenue is in attachment-
Facility expenses in the flexible budget = Variable + Fixed
= (3650*4.40) + 8200
= 16,060 + 8200
= 24,260
The wages and salaries in the planning budget for December would be closest to $24,260.
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Under project planning activities, defining what leads to successful completion is a part of <u>DURATION.</u>
Duration is the sum of the workdays, hours, or weeks necessary to finish a job. The length is determined by the resources' capability and availability. The amount of effort required to finish a task, or the actual time spent working on the project, is measured in person hours.
<h3><u>How is project duration calculated?</u></h3>
- We must know how to estimate duration while creating a timetable. We might simply compute our projected project length by taking the number of effort hours, divided by the number of resources, assuming everyone worked eight hours each day and was completely productive throughout all eight hours.
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Hello
the answer would be true
have a nice day
Answer:
C.
Explanation:
Based on the information provided within the question it can be said that the actual meaning of using this term when referring to a firm is the opportunity cost of producing a good or service, which includes both implicit and explicit cost. Meaning what the firm is giving up in order to produce that good or service which can be money, assets, or other opportunities which could be chosen instead.
Context of Theory Y managers in China, managers who are skilled in the management of people and possessing political and ideological expertise are called the reds.
- People are self-motivated and love the challenge of work, according to theory Y.
- With this presumption, managers foster a closer working relationship with their staff members and inspire them by giving them the freedom to act independently, take on responsibility, and make decisions.
- Working hard both physically and mentally comes as naturally to individuals as sleeping or playing.
- Coercion, control, and punishment threats are important to motivate people to meet organizational goals.
<h3>What is the Theory Y approach?</h3>
- According to Theory Y, managers should foster an environment at work where workers have the chance to exercise initiative and self-direction.
- Opportunities for employees to contribute to the success of the company should be provided.
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