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4 years ago

Describe how you would use any five entrepreneurial qualities to make sure that your business is a success

1 answer:

5 0

Passion
being open minded
desire to become the best at what you do
having a positive attitude and outlook
constantly keep your ideas flowing

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Waterway has a standard of 2 hours of labor per unit, at $12 per hour. In producing 3800 units, Waterway used 7350 hours of labo

Vadim26 [7]

Answer:

Direct labor time (efficiency) variance= $3,000 favorable

Explanation:

Giving the following information:

Standard= 2 hours of labor per unit, at $12 per hour.

In producing 3800 units, Waterway used 7350 hours of labor.

<u>To calculate the direct labor quantity variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Standard quantity= 2*3,800= 7,600 hours

Direct labor time (efficiency) variance= (7,600 - 7,350)*12

Direct labor time (efficiency) variance= $3,000 favorable

7 0

3 years ago

Each of these items must be considered in preparing a statement of cash flows for Flint Corporation. for the year ended December

patriot [66]

Answer and Explanation:

The classification is as follows:

a. Financing activity inflow of cash

b. INvesting activity outflow of cash

c. Investing activity inflow of cash

d. Financing activity outflow of cash

The inflow of cash shows the positive sign while on the other hand the outflow of cash shows the negative sign

And, the same should be relevant

8 0

3 years ago

Assume you have $2,000 in a savings account at the beginning of the year and the price level is equal to 100. If the price level

leva [86]

Answer:

$1,667

Explanation:

Given that,

Savings account at the beginning of the year = $2,000

Price level at the beginning of the year = 100

Price level at the end of the year = 120

Price level increases from 100 to 120

Therefore, what was worth $120 earlier, is not worth only $100.

Hence, $120 at the beginning of the year is worth = $100 at the end of the year

$1 at the beginning of the year is worth = ($100 ÷ $120) at the end of the year

Savings of $2,000 at the beginning of the year is worth:

= ($100 ÷ $120) × $2,000

= 0.833 × $2,000

= $1,667

Therefore, the real value of the savings is $1,667.

5 0

3 years ago

Which of the following choices is not considered a revenue producing business enterprise?

exis [7]

<span>b. public schools is the answer i did the test.</span>

3 0

4 years ago

Taking explicit account of a rival's expected response to a decision you are making is called:

IgorC [24]

The answer is strategic decision making. This is also referred as strategic planning in which a group of people or an individual engage into making or creating the goals or objectives that the organization would want to achieve or tackle in a way of providing altering strategies and to obtain the goal that they aim for.

7 0

4 years ago