All categories

4 years ago

Pitfalls that should be carefully explored before outsourcing include

1 answer:

6 0

<span>These are some of the pitfall that should be carefully explored before outsourcing. It is difficult to full integrate outsourced processes with the firm's other processes. Deciding to outsource a process before making a good-faith effort to fix the existing one.The firm with a technology advantage may be setting up the other firm to be a future competitor</span>

You might be interested in

Perez, in recently completed 56,000 units of a product that was expected to consume four pounds of direct material per finished

rjkz [21]

Answer:

Direct material quantity variance= $34,000 unfavorable

Explanation:

Giving the following information:

Standard direct material pounds per unit= 4 pounds

The standard price of the direct material was $8.50 per pound.

The firm purchased and consumed 228,000 pounds in manufacturing 56,000 units.

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (56,000*4 -228,000)*8.5

Direct material quantity variance= (224,000 - 228,000)*8.5

Direct material quantity variance= $34,000 unfavorable

7 0

3 years ago

Which one of the following statements is correct with respect to coinsurance used with commercial insurance policies? A. The rat

Grace [21]

Answer:

D. The 80 percent coinsurance rate is reduced when a policy requires a higher coinsurance percentage.

Explanation:

Coinsurance is the amount which is fixed cost payable by the insurance seeker in order to provide claim against the risk. The coinsurance rate is decided based on the risk nature. If the risk is high the coinsurance rate will be higher so that insurance coverage is maximum.

5 0

3 years ago

When applying for a position, you can make a positive impression by _____.

Morgarella [4.7K]

Answer:

Explanation:

All of the above. These will help you!

Hope this helps and answers your question!

4 0

3 years ago

Read 2 more answers

Select best example below illustrative of transaction costs.a. All of the above b. The costs of various dinners during which a c

vaieri [72.5K]

Answer:

The correct option is A

Explanation:

Transaction costs are the whole array of costs associated with selling, buying, transferring goods etc.

Transaction costs can be of different types which are:

search costs
monitoring costs
Bargaining costs
transfer costs etc.

4 0

3 years ago

Kate's 24-Hour Breakfast Diner menu offers one item, a $5.00 breakfast special. Kate's costs for servers, cooks, electricity, fo

REY [17]

Answer:

The correct answer is option c.

Explanation:

The price of Kate's breakfast special is $5.

The average variable cost is $3.95.

The average fixed cost is $1.25.

The average total cost

= $3.95 + $1.25

= $5.20

The price is not covering the average total cost but it is covering the average variable cost. The firm can continue operating in the short run but stop production in the long run.

6 0

3 years ago