Answer:
Direct labor time (efficiency) variance= $22,000 favorable
Explanation:
<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor time (efficiency) variance= (3*8,000 - 22,000)*11
Direct labor time (efficiency) variance= (24,000 - 22,000)*11
Direct labor time (efficiency) variance= $22,000 favorable
Answer:
Net operating income would be decreased by $137,000
Explanation:
The computation is shown below:
Sales $490,000
Less: Variable expenses ($221,000)
Contribution margin $269,000
Less
Fixed manufacturing expenses ($90,000)
Fixed selling and administrative expenses ($42,000)
Net income $137,000
If the product H58S were dropped than the net operating income would be decreased by $137,000
<span>Discovering where the company's product or brand is
on the relevant attributes in the minds of potential customers or to discover
the perceptions of potential customers’ minds is one of
the four steps involves in positioning a product or brand effectively.</span>
Answer:
4. Usage
Explanation:
Market Segmentation refers to segregation of markets into different sectors or sections wherein each sector comprises of buyers with similar traits or patterns.
Market Segmentation of can be done on the basis of location or area which is termed as Geographical, on the basis of age composition or population, which is termed as Demographical, on the basis of perception and psychic of buyers which is termed as Psychographic, on the basis of their buying pattern and usage, which is termed as Behavioral.
The given information corresponds to Behavioral segmentation or usage based segmentation.
Answer: Using IC open positions in two currencies that are expected to balance each other.
Explanation:
Multilateral Netting is the Inter Company (IC) centralization of payments and receipts so that payments and receipts can be offset.
This reduces transaction and hedging costs.
It works by netting inflows and outflows against each other of different subsidiaries in a centralized currency. A final figure is then reached and this is the only figure that would need to be converted to the currency of payment.
This is very helpful for firms in multiple geographical locations.
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