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Nata [24]
3 years ago
15

In a company's standard costing system, direct labor-hours are used as the base for applying variable manufacturing overhead cos

ts. The standard direct labor rate is twice the variable overhead rate. Last period the labor efficiency (quantity) variance was unfavorable. From this information one can conclude that last period the variable overhead efficiency (quantity) variance was:
Business
1 answer:
BARSIC [14]3 years ago
4 0

Answer:

From this information one can conclude that last period the variable overhead efficiency (quantity) variance was <u>unfavorable.</u>

Explanation:

The variable overhead efficiency variance measures the difference between the actual and budgeted hours worked with respect to standard variable overhead rate per hour.

Variable overhead efficiency variance can be calculated thus:

Actual labor hours less budgeted labor hours x Hourly rate for standard variable overhead

If the time it takes to manufacture a product and the time budgeted for it matches or performs well, the labor efficiency is favorable.

Variable overhead efficiency variance is deemed unfavorable when it takes the company more time than budgeted to produce. This also shows labor efficiency variance was unfavorable.

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A strategy of related diversification requires most firms to organize around geographical areas or product lines. This type of o
mixer [17]
It leads to Divisional Structure.
8 0
3 years ago
Define the mergers and acquisitions of Tesla and define what has the company gained?
Phoenix [80]
Tesla has made 6 acquisitions and 2 investments. The company has spent over $ 2.82B for the acquisitions. Tesla has invested in multiple sectors such as Energy Storage Tech, Autonomous Vehicles and more.

It confirms that Hibar and Deepscale were relatively small acquisitions for Tesla.

Deepscale appears to be mostly what some people call “acqui-hire,” and the people who join Tesla probably got a bunch of shares.

As for Maxwell, which was a $207 million acquisition, and Hibar, which had to be less than $96 million, I think those two acquisitions combined is a somewhat inexpensive way to supercharge their now obvious move into manufacturing their own battery cells.

Again, we expect to hear more about Tesla’s effort to invest heavily into its own battery cell production in the next few months.

Tesla has acquired 6 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Tesla’s largest acquisition to date was in 2016, when it acquired SolarCity for $2.6B. Tesla has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include machinery (34%) and automotive (17%).

Join Mergr and gain access to Tesla’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the automotive sector.

M&A SUMMARY
M&A Total Activity6
M&A Buy Activity6
Total Sectors Invested 5
Total Countries Invested 2
M&A Buy/Sell Connections 2
M&A Advisors 1

5 0
3 years ago
select the terms with the definitions of a treasury bill(t-bill). purchase price purchase price drop zone empty. discount discou
Dennis_Churaev [7]

The terms with the definitions of a treasury bill are as follows:

  • Purchase price - The value of the T-bill less the discount.
  • Discount - The interest of the T-bill.
  • Maturity value - The face value of the T-bill.
  • Effective rate -  The actual interest rate.

<h3>What is a treasury bill?</h3>

In financial market, the "Treasury Bill" (T-Bill) can be defined as short-term debt obligation backed by the U.S. Treasury Department with a maturity of one year or less which are usually sold in denominations of $1,000 while some can reach a maximum denomination of $5 million. For this instrument, the longer the maturity date, the higher the interest rate that the instrument will pay to the investor.

In a typical economy, the department of Treasury sells the T-Bills during auctions using a competitive and non-competitive bidding process. The noncompetitive bids are also known as non-competitive tenders which have a price based on the average of all the competitive bids received.

Read more about treasury bill

brainly.com/question/27972906

#SPJ1

3 0
1 year ago
On June 30, Ayayai Corp. discontinued its operations in Mexico. On September 1, Ayayai disposed of the Mexico facility at a pret
ioda

Answer:

The discounted operations section will show a value of $450,000

Explanation:

In this question, we are asked to calculate the discounted operations value .

To do this, what we need to know is we are to use a mathematical approach.

The mathematical formula to to be used take into consideration the value of the net of tax = Pretax loss - ( Tax rate * Pretax loss)

From the question, we can identify that the Pretax loss = $600,000

The Tax rate = 25%

The net of tax = 600,000-(25/100 * 600,000) = 600,000 - 150,000 = $450,000

3 0
3 years ago
Mason Mills management works hard to ensure that nobody in its organization has more than one boss and all workers are treated w
ss7ja [257]

Answer:

Fayolism

Explanation:

Based on the information provided within the question it seems that the management of Mason Mills reflects the ideas and principles of Fayolism. This is a management theory developed by Henri Fayol, which states 14 principles explaining how management should communicate and lead their workers. Many of which state the importance of organization within the business in order for workers to know who to report to and keep everything running efficiently.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
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