Answer:
D. The spoils system
Explanation:
In the spoils systems, government jobs were awarded to friends, relatives, and supporters of the winning polity party. After elections, politicians from the winning party would reward their supporters and friends with government jobs as a gift for their loyalty. Government employees would change after every election.
The civil service system came to replace the spoils system. Under the civil service system, civil servants are hired through a competitive selection process. The state and employ the workers, not the ruling administration. In the civil service system, civil servants continue working regardless of which political party wins elections.
Answer:
The answer is Fixed cost.
Fixed cost remains constant for a given period and does other change with the eh level of production. However, the per unit fixed cost decreases when the Level of production increases and vice versa.
Also, fixed cost is difficult to.control and manage relatively to the variable.costs.
Explanation:
Answer:
d. 8.18 million
MVA is $380 million
Explanation:
Net residual Income is the value of the firm. All the preferred and required / agreed return on any the funding availed is deducted from the net earning after profit to make the value for the firm. The income purely associated to the firm is considered as the value of the firm.
Earning Before Interest and tax = Net Sales - Operating costs = $80 million - $52 million = $28 million
Net Operating profit after tax = $28 x ( 1 - 40% ) = $16.8 million
Return on investor-supplied capital = $115 million x 7.5% = $8.625 million
Value created for the firm = Net operating profit after tax - Return on investor-supplied capital = $16.8 - $8.625 = $8.175 million = $8.18 million
MVA is the net of market capitalization and stockholders equity of the firm. It is the difference of market value and book value of equity of a firm.
MVA = ( Outstanding shares x Market value of shares ) - Book value od the equity = ( 20 million shares x $25 per share ) - $120 million = $500 million - $120 million = $380 million
Answer:
b. It clarifies the problem, the process and the customer of the process prior to data collection
Explanation:
DMAIC is an acronym for various phases in carrying out projects and they are Define, Measure, Analyze, Improve, Control.
The Define phase is widely known as the primary phase of DMAIC which is characterized by the project agreement, customer demands and requirements, and process operation strategy.
Hence, the importance of the Define Phase in terms of its placement in the DMAIC method is that " it clarifies the problem, the process and the customer of the process prior to data collection"
Answer:
Variable overheads efficiency variance = $13,040 favorable
Explanation:
<em>Variable overheads efficiency variance is the difference between the standard hours of actual output and actual hours valued at the standard variable overhead rate per hour </em>
Hours
5,900munits should have taken (5,900× 0.9) 5,310
but did take <u> 2050 </u>
efficiency variance in hours 3,260 favorable
Standard rate per hour <u> $4.00 </u>
Variable overheads efficiency variance <u> 13,040 favorable </u>
Variable overheads efficiency variance = $13,040 favorable
