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dimulka [17.4K]
3 years ago
12

A much-used and potent managerial tool for determining whether a company performs particular functions or activities in a manner

that represents "the best practice" when both cost and effectiveness are taken into account is:__________
a. competitive strength analysis.b. activity-based costing.c. resource cost mapping.d. SWOT analysis.e. benchmarking.
Business
1 answer:
Romashka [77]3 years ago
8 0

Answer:

The correct answer is letter "E": benchmarking.

Explanation:

Benchmarking is a continuous process by which products, services or work processes of leading entities are taken to be compared to our company so after the analysis improvements can be made and implemented. Benchmarking is defined as the model of excellence from which the "best practices" can be obtained in favor of our own company.

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Applying Factory Overhead Bergan Company estimates that total factory overhead costs will be $620,000 for the year. Direct labor
gizmo_the_mogwai [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Applying Factory Overhead Bergan Company estimates that total factory overhead costs will be $620,000 for the year. Direct labor hours are estimated to be 80,000.

A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 620,000/80,000= $7.75 per direct labor hour

B) Bergan Company accumulated 2,500 hours of direct labor costs on Job 200 and 3,000 hours on Job 305.

Job 200:

Allocated overhead= 2,500*7.75= $19,375

Job 305:

Allocated overhead= 3,000*7.75= $23,250

C) Job 200                     19,375

   Job 305                      23,250

                         Allocated Overhead          42,625

6 0
3 years ago
What term is used to describe the method that allows coplink to access many different databases of law enforcement agencies with
slamgirl [31]

The term is used to describe the method that allows copy link to access many different databases of law enforcement agencies with varying data fields is a multi-dimensional approach Option A

This is further explained below.

<h3>What is a multi-dimensional approach?</h3>

Generally, Because we are utilizing an appropriate and specialized way to access the data basis of law enforcement under multiple data fields, we are able to state that the described method operates under the term known as a multi-dimensional approach.

This is an approach in which the database is accessed and analyzed via numerous dimensions, or we can call data to feel categories, in order to produce appropriate results and more efficient functioning.

In summary, we may reach the following conclusion after reviewing the information presented above: the choice that was picked is the optimal response to the inquiry that was posed.

The question that was presented before has been addressed and clarified; if you have any other questions, please leave them in the comments area below.

Read more about the multi-dimensional approach

brainly.com/question/14522063

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5 0
1 year ago
Howard ​Services, Inc., has $ 8 comma 600 cash on hand on January 1. The company requires a minimum cash balance of $ 7 comma 60
skad [1K]

Answer:

The amount of cash to be borrowed = $18,040

Explanation:

The cash budget shows the expected cash payments and expected cash receipts and cash balance at the end of a particular period.

Note that in the cash budget only items of the cash are considered, therefore items like depreciation, amortization of intangible assets and apportionment of fixed costs are not included because they are not cash based.

The balance at the end = opening cash balance + cash receipts -cash payment  

Applying this to Howard ​Services, Inc.

The amount of cash to be borrowed = Minimum cash balance required - Net cash balance

DATA

Opening cash balance - 8600

Cash receipts- 548,570

Cash payment - 567,610

Net cash balance = 8600 + 548,570 - 567,610 = (10,440)

The amount of cash to be borrowed = 7,600 - (10,440)

                                                               =7,600+10,440=18040

The amount of cash to be borrowed = $18,040

<em>Note a negative amount of 10,400 would mean that that would be first borrowed to balance the deficit, and to take the balance to the minimum required cash balance, an addition 7,600 would need to be borrowed</em>.

6 0
3 years ago
Allocating Joint Costs Using the Net Realizable Value Method
Ilya [14]

Answer:

Allocating Joint Costs Using the Net Realizable Value Method

1. Joint Cost

Grades Allocation

L-Ten   $1,850

Triol      6,569

Pioze     3,881

Total $12,300

2. Joint Cost

Grades Allocation

L-Ten   $2,112

Triol      5,756

Pioze    4,432

Total $12,300

Explanation:

a) Data and Calculations:

Cost of each production run = $12,300

Product    Gallons  Further Processing     Eventual Market   Net Realizable

                                Cost per Gallon          Price per Gallon         Value

L-Ten          3,200              $0.70                       $2.10                $4,480

Triol            3,700                  1.10                         5.40                 15,910

Pioze         2,000                  1.50                        6.20                  9,400

Total          8,900                                                                      $29,790

Allocation of join cost:

L-Ten = $4,480/$29,790 * $12,300 = $1,850

Triol = $15,910/$29,790 * $12,300 = $6,569

Pioze = $9,400/$29,790 * $12,300 = $3,881

Product    Gallons  Further Processing     Eventual Market   Net Realizable

                                Cost per Gallon          Price per Gallon         Value

L-Ten          3,200              $0.70                       $2.10                $4,480

Triol            3,700                 2.10                         5.40                 12,210

Pioze         2,000                  1.50                        6.20                  9,400

Total          8,900                                                                      $26,090

Allocation of join cost:

L-Ten = $4,480/$26,090 * $12,300 = $2,112

Triol = $12,210/$26,090 * $12,300 = $5,756

Pioze = $9,400/$26,090 * $12,300 = $4,432

7 0
3 years ago
Argo, a firm organizing adventure travel, has returns that vary with the economy. Argo predicts that there is a 20% probability
nexus9112 [7]

Answer: 8%

Explanation:

The expected return is a weighted average of the returns given the probability of certain states of the economy:

= (Prob. of boom * return if boom) + (Prob. of normal * return if normal) + (Prob. of  weak * return if weak)

= (20% * 35%) + (50% * 14%) + (30% * -20%)

= 0.07 + 0.07 - 0.06

= 8%

5 0
3 years ago
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