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3 years ago

Once a manager has identified a problem, he or she can generate alternatives to that problem. after this is done, the manager

1 answer:

3 0

<span>The manager will weigh the pros and cons of each alternative before implementing the solution. The manager should look at each alternative and list the benefits and the negatives for each alternative. After reviewing the list of benefits and negatives for each alternative, the manager can eliminate the alternatives that possess too many negatives or cons. The alternatives with the most benefits should be considered more carefully. The manager should then implement the alternatives with the most benefits or pros on a trial basis. The alternative with the best results is the one that is deemed useful, permanent and beneficial to the company.</span>

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Calculating the Direct Materials Price Variance and the Direct Materials Usage Variance Guillermo's Oil and Lube Company is a se

Ket [755]

Answer:

Material Price Variance= $301 Unfavorable

Material Quantity Variance= $283 Favorable

Total direct materials variance for oil for June $ 18 Unfavorable

Material Price Variance= $305 Unfavorable at the time of purchase

Explanation:

Guillermo's Oil and Lube Company

Actual number of oil changes performed: 980

Actual number of quarts of oil used: 6,020 quarts

Actual price paid per quart of oil: $5.10

Standard price per quart of oil: $5.05

Material Price Variance= (Actual Price * Actual Quantity)- (Standard Price * Actual Quantity)

Material Price Variance= ($5.10 *6,020)-($5.05 *6,020)= $ 30702- $ 30401

Material Price Variance= $301 Unfavorable

Material Quantity Variance= (Standard Price * Actual Quantity)-(Standard Price * Standard Quantity)

Material Quantity Variance=($5.05 *6,020)-($5.05 *6.2 * 980)=($5.05 *6,020)-($5.05 *6076)

Material Quantity Variance=$ 30401-30683.8= 282.8

Material Quantity Variance= $283 Favorable

Total direct materials variance for oil for June=$301 Unfavorable- $283 Favorable= $ 18 Unfavorable

3. Material Price Variance= (Actual Price * Actual Quantity)- (Standard Price * Actual Quantity)

Material Price Variance= ($5.10 *6,100)-($5.05 *6,100)= $ 31110- $ 30805

Material Price Variance= $305 Unfavorable

8 0

3 years ago

Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of

kicyunya [14]

Answer:

<em>Net operating Income of the company 130,000</em>

Explanation:

$\left[\begin{array}{cccc}-&East&West&Total\\Sales&690,000&140,000&830,000\\Variable&352,000&56,000&408,000\\Contribution&338,000&84,000&422,000\\Fixed Cost&104,000&24,000&292,000\\Income&234,000&60,000&130,000\\\end{array}\right]$

We have to arrange the values, and don't forget to add the common fixed cost of 164,000 in the total fixed cost line.

Net operating Income of the company 130,000

7 0

3 years ago

How to identify the significant accounts, disclosures, and relevant assertions in auditing long-lived assets?

RSB [31]

An account or disclosure is a vast account or disclosure if there's an inexpensive possibility that the account or disclosure should contain a misstatement that, personally or when aggregated with others, has a fabric impact on the financial statements, considering the risks of each overstatement.

On the subject of auditing balance sheet accounts, which includes lengthy-term property and liabilities, the important thing assertions that an auditor will test are lifestyles; rights and duties; completeness and valuation.

To be able to become aware of these risks, we carry out techniques such as subsequent: Discussions with key employees to gain knowledge of your employer and its environment. Discussions and walkthroughs achieved and documented over internal manipulation tactics. diverse analytical tactics.

Learn more about environment here: brainly.com/question/17413226

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6 0

2 years ago

Clem Oatley could grow wheat and barley. He could grow 75 bushels of wheat or 125 bushels of barley using the same resources on

BabaBlast [244]

Answer:

Clem should specialise in wheat production because he has higher profits there

Explanation:

Clem needs to make a decision on the product that will maximise his profits and not just the number of units of products he can manufacture.

If he produces only wheat he will have profit of 75 bushels * $2 = $150

If he produces only barley his profit will be 125 bushels * $0.80 = $100

This shows that wheat is more profitable for Clem. Even though he can produce more units of barley.

6 0

3 years ago

Read 2 more answers

Best Ever Toys just paid its annual dividend of $1.78 per share. The required return is 10.6 percent and the dividend growth rat

lianna [129]

Answer: $20.44

Explanation:

From the question given, we are informed that Best Ever Toys just paid its annual dividend of $1.78 per share and that the required return is 10.6% and the dividend growth rate is 1.23%, then the expected value of this stock five years from now will be:

= [$1.78 × (1 + 1.23%)^6] / (10.6% - 1.23%)

= (1.78 × 1.0123^6)/(10.6% - 1.23%)

= 20.44

The expected value of the stock is $20.44

5 0

2 years ago