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4 years ago

PLZ HELP THIS IS DUE IN A FEW HOURS!

Business

1 answer:

Irina18 [472]4 years ago

6 0

Answer:

What are some examples of companies providing consumers with goods?

Some examples of companies that provide goods are Target, Walmart, dollar tree.

What are some examples of companies providing consumers with services?

Some examples of places that provide services are restaurants, movie theaters, ubers.

Can you think of any companies providing services and goods to consumers?

Amazon because they provide goods and deliver them to your door.

You might be interested in

Kropf Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing ov

sasho [114]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Direct materials 7.60 liters $ 7.20 per liter

Direct labor 0.60 hours 23.70 per hour

Variable manufacturing overhead 0.60 hours $ 6.10 per hour

Actual output 9,800 units

Raw materials purchased 75,200 liters

Actual cost of raw materials purchased $ 564,500

Raw materials used in production 74,500 liters

Actual direct labor-hours 5,500 hours

Actual direct labor cost $ 135,302

Actual variable overhead cost $ 29,314

1) To calculate the direct material price and quantity variance, we need to use the following formulas:

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

Actual pirce= 564,500/75,200= 7.51

Direct material price variance= (7.2 - 7.51)*75,200

Direct material price variance= $23,312 unfavorable

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

Direct material quantity variance= (7.6*9,800 - 74,500)*7.2

Direct material quantity variance= $144 favorable

2) To calculate the direct labor rate and efficiency variance, we need to use the following formulas:

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

Standard quantity= 0.6*9,800= 5,880

Direct labor time (efficiency) variance= (5,880 - 5,500)*23.7

Direct labor time (efficiency) variance= $9,006 favorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 135,302/5,500= 24.6

Direct labor rate variance= (23.7 - 24.6)*5,500

Direct labor rate variance= $4,950 unfavorable

3) To calculate the variable overhead rate and efficiency variance, we need to use the following formulas:

Manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 29,314/5,500= 5.33

Manufacturing overhead rate variance= (6.10 - 5.33)*5,500

Manufacturing overhead rate variance= $4,235 favorable

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

variable overhead efficiency variance= (0.6*9,800 - 5,500)*6.1

variable overhead efficiency variance= $2,318 favorable

7 0

3 years ago

Both normal and special cause variation add to project cost and need to be considered by project managers

Paha777 [63]

Answer:

True

Explanation:

Variations in both common and special circumstances contribute to project costs and need to be weighed by project managers when they want to work more often.

Variability, is the degree to which data deviate differ from the estimated value in a probability distribution or data set, and the extent to which those data points differ from one another.
This is most commonly attributed in financial terms to the volatility of the returns on investment.

therefore the answer is true for the following.

4 0

4 years ago

On February IN , Marshak's investment account has a balance Of $19,800. He deposited ,200 on April I and $2,600 on May l . He wi

lesya692 [45]

The dollar-weighted annual yield for this nine-month period is -2.7%.

<u>Solution:</u>

The investment of deposit on April 1 (Feb, March = 2 months)

$\Rightarrow\frac{(9-2)}{9}\times1200=\frac{(7)}{9}\times1200$

The investment of deposit on May 1 (Feb, March, April = 3 months)

$\Rightarrow\frac{(9-3)}{9}\times1200=\frac{(6)}{9}\times1200$

Therefore, Dollar-weighted annual yield for this nine-month period,

$\Rightarrow \frac{\text{Total interest}}{\text{Total investments}}$

On plugging-in the values,

$\Rightarrow\frac{14820-(19800+1200+2600-8400}{19800+\frac{7}{9}(1200)+\frac{6}{9}(2600)-8400}=-0.027$

In percentage notation,

$-0.027=(-0.027\times100)\frac{1}{100}=-2.7\% (\because \frac{1}{100}=\%)$

6 0

3 years ago

Would you prefer to buy an existing business or start from scratch? Why?

vladimir2022 [97]

Answer:

I would start from scratch Because It helps u feel accomplished about your work

8 0

3 years ago

A company wants to set up their headquarters in Spain where the corporate tax rates are as follows: 11% of first $40,000 profits

Andrews [41]

Answer:

Total taxable income = $245,000

Total Tax = $84430

Explanation:

given data

11% of first = $40,000 profits

22% of next = $26,000

39% of next = $29,000

42% of over = $95,000

gross revenues = $380,000

total costs = $120,000

allowable tax deductions = $15,000

to find out

taxable income for the first year and how much should the company expect to pay in taxes

solution

we get here first Total taxable income that is

Total taxable income = Total revenue - (Total cost + Tax deductions ) .......................1

put here value we get

Total taxable income = $380,000 - ($120,000 + $15,000 )

Total taxable income = $380000 - $135000 = $245,000

so total tax will be

Total Tax = [0.11 × 40000 + 0.22 × 26000 + 0.39 × 29000 + 0.42 × (245000 95000) ]

Total Tax = 4400 + 5720 +11310 +63000

Total Tax = $84430

4 0

4 years ago