1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ki77a [65]
3 years ago
10

Hyundai achieved the status of being the 6th largest automobile producer in the world by 2005 and a major competitor to gm, ford

, and toyota. hmc's success has been attributed to their:
Business
1 answer:
Novay_Z [31]3 years ago
6 0
Hyundai's success has been attributed to their AGGRESSIVE GOAL SETTING. The articles that review the success of the Hyundai company believed that the success of the company is due to many factors which include: internal transfer of experienced staff, focusing on localized production, the codification of previous experience and aggressive goal setting. 
You might be interested in
Wilson Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of
mrs_skeptik [129]

Answer:

Please see attached solution

Explanation:

a. Total manufacturing overhead costs allocated $356,400

b. Variable manufacturing overhead spending variance $40,500U

c. Fixed manufacturing overhead spending variance $17,600U

d. Variable manufacturing overhead efficiency variance $19,500F

e. Production volume variance $39,200F

Please find attached detailed solution to the above questions

5 0
3 years ago
Problem 9-18 Comprehensive Variance Analysis [LO9-4, LO9-5, LO9-6]
Thepotemich [5.8K]

Answer:

1 a. Materials price and quantity variances.

Material price variance = (Actual price - Standard price) * Actual Quantity purchased

= ($2.45 - $2) * 15,800

= $0.45 * 15,800

= $7110 (Unfavorable)

Materials Quantity variance = (Actual Quantity used - Standard Quantity allowed) * Standard price  

(10600 - 3000 * 3.6) * $2

= (10,600 -  10,800) * $2

= 200 * $2

= 400 (Favorable)

b. Labor rate and efficiency variances.

Labor rate variance = (Actual rate - standard rate) * Actual hours

= (6.30 - 6.6) * 2,100

= 0.3 * 2,100

= 630 (Favorable)

Labor Efficiency variance  = (Actual hours - standard hours allowed) *  Standard rate  

= (2100 - 3000 * 0.5) * 6.6

= (2,100 - 1,500) * 6.6

= 600 * 6.6

= 3960 (Unfavorable)

c. Variable overhead rate and efficiency variances

Variable overhead rate variance  = (Actual rate - Standard rate * Actual machine hours)

= 3000 - (2.10 * 1200)

= 3,000 - 2,520

= 480 Unfavorable

Variable overhead Efficiency variance = (Actual hours - standard hours allowed)* Standard rate

= (1200 - 3000 * 0.3) * 2.10    

= (1200 - 900) * 2.10

= 300 * 2.10

= 630 (Unfavorable)

2.    Variances                                            Amount

Material price variance                             7,110 U

Material quantity variance                         400 F

Labor rate variance                                    630 F

Labor efficiency variance                           3,960 U

Variable overhead rate variance               480 U

Variable overhead efficiency variance      <u>630 U</u>

Net variance                                                <u>11,150 U</u>

<u></u>

The net variance of all the variance of the month is 11,150 (Unfavorable)

3 0
3 years ago
Which of the following is included in a standard MLA-style bibliographic entry for an interview conducted by a researcher?
Oksana_A [137]
All of the answers are correct, for the bibliographic entry you need their name, date, and the type of interview conducted. 
5 0
3 years ago
Read 2 more answers
Which country has a Gross Domestic Product of about 8.5 trillion dollars?
horsena [70]
The answer would be : B. China

Japan has a  4.92 trillion Dollars of Gross Domestic Products
United states has a 16.77 trillion dollars worth of Gross Domestic Products
and
Russia has a 2.097 trillion dollars of Gross Domestic Products

That leave China as the correct answer
8 0
2 years ago
Which of the following is an example of a career in public safety?
disa [49]

d.police officerrrrrrrrrrrrrr

5 0
3 years ago
Read 2 more answers
Other questions:
  • At December 31, 2018, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $54 million relat
    10·1 answer
  • Zappos.com constantly reminds customers of recently viewed items and informs them when stock is low in an effort to entice the c
    12·1 answer
  • What is an investment report that is given to potential investors called
    5·1 answer
  • Describe the importance of positive communication in business.
    15·1 answer
  • At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is
    9·1 answer
  • The owner of a hair salon spends $1,000,000 to renovate its premises, estimating that this will increase her cash flow by $220,0
    14·1 answer
  • On January 1, 2016, Learned, Inc., issued $70 million face amount of 20-year, 14% stated rate bonds when market interest rates w
    11·1 answer
  • Which of the following statements is most true of order-getting salespeople?
    10·1 answer
  • A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were w
    12·1 answer
  • Harrison is generally satisfied with his current work, but he is not satisfied with how much he is being paid and the benefits h
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!