Answer:
$9,000 (Unfavorable)
Explanation:
The computation of the direct-labor rate/price variance is given below:
Given that
Actual time used = 45,000 hours
Actual cost of labor used = $639,000
Now
Actual rate = Actual cost of labor used ÷ Actual time used
= $639,000 ÷ 45,000
= $14.2 per hour
And,
Standard rate = $14 per hour
Standard time = 5 hours per unit
Actual output = 8,900 units
So, standard time for actual output = 8,900 × 5
= 44,500
Now
Direct labor rate variance = Actual time × (Standard rate - Actual rate)
= 45,000 × (14 - 14.2)
= $9,000 (Unfavorable)
Answer:
This question is incomplete, it misses the options. The options are the following:
a) Commercialization
b) Concept testing
c) Prototype development
And the correct answer is the option C: Prototype development.
Explanation:
On the one hand, the stage of<em> "product screening" </em>is when the company and its employees can pare down the list of viable ideas to the ones that will only match the organization's strategic goals that they are looking for.
On the other hand, the<em> "prototype devolopment" </em>stage involves the fact of getting those viable ideas into touchable models that the managers can try in real life experience more than just in the papers. Therefore that in this stage is when the employees build a product model based on clear product descriptions.
Answer:
Collaboration.
Explanation:
Collaboration is a conflict management tool or technique in which the needs and demands of both parties involved in the conflict are taken into consideration. Collaboration, thus, gives room for a win-win situation for both the parties involved in a conflict, and prefers to compensate both with their respective demands. This is a long term conflict management approach that is used here in this case of conflict between Ken and Tim.