All categories

3 years ago

HELP A business function that includes all business activities that involve money is

1 answer:

6 0

FINANCE is one of the four functions of business. it includes all business activities that involve money. production is another function it is any activity related to making a product.

ANSWER: Finance

You might be interested in

When more than one central bank attempts to shift the equilibrium exchange rate, we refer to this as:?

ohaa [14]

<span>When more than one of more of the central banks try to shift the exchange rates it is referred to as a market shift. These market shift occur periodically based on inflation and interest rates.</span>

8 0

3 years ago

With respect to product quality, deming believed that a company should never ________. pay more attention to quality than to pri

antoniya [11.8K]

<span>(B) is the most correct answer. Dr. Deming was a proponent of Total Quality Improvement, and felt that quality and improving such a measure should never be something that had an "endpoint." The company should always look for ways to improve the quality of a product or service.</span>

3 0

3 years ago

Accessories not installed by the original equipment manufacturer (OEM) can be difficult to diagnose :_________

RoseWind [281]

Answer:

the warranty may have expired

Explanation:

Warranty is not guaranteed. This is just a promise. It can be enforced if specified by the award for legal compensation for damages
Warranty is a condition of the contract or the innocent word "does not go to the source of the contract" and only damages the innocent party
Sometimes manufacturers allow you to purchase an extended warranty after your original warranty expires.
If you do not have any warranty compared to the equipment installed by the original equipment manufacturer (OEM), it is difficult to confirm.

7 0

3 years ago

Petroski Natural Dying Corporation measures its activity in terms of skeins of yarn dyed. Last month, the budgeted level of acti

algol13

Answer:

$577 Unfavorable

Explanation:

The calculation of spending variance for dye costs is shown below:-

Spending variance for dye cost = (Standard rate - Actual variable) × Actual units

= ($0.67 - $13,910 ÷ 19,900) × 19,900

= (0.67 - 0.69899) × 19,900

= $577 Unfavorable

Therefore for computing the spending variance for dye costs we simply applied the above formula.

6 0

3 years ago

After evaluating Null Company’s manufacturing process, management decides to establish standards of 3 hours of direct labor per

docker41 [41]

Answer:

Direct labor rate variance = (SR - AR) $\times$ AH

October = ($15 - $15.20) $\times$ 16,250 = - $3,250 Unfavorable

November = ($15 - $15.25) $\times$ 22,000 = - $5,500 Unfavorable

Direct Labor Efficiency Variance = (SH - AH) $\times$ SR

October = (16,800 - 16,250) $\times$ $15 = 8,250 Favorable

November = (18,000 - 22,000) $\times$ $15 = - $60,000 Unfavorable

Direct Labor Cost Variance = Standard Cost - Actual Cost

October = $252,000 - $247,000 = $5,000 Favorable

November = $270,000 - $335,500 = - $65,500 Unfavorable

Explanation:

Computing variances for each month

Particulars October November Equation

Total units produced 5,600 units 6,000 units (a)

Standard hour per unit 3 hours 3 hours (b)

Total standard hour SH 16,800 18,000 (c) = (a)*(b)

Total standard cost

of labor @ $15 SR per hour $252,000 $270,000 (d) = (c) * 15

Actual hours used AH 16,250 22,000 (e)

Actual cost $247,000 $335,500 (f)

Actual Rate per hour AR $15.20 $15.25 (g) = (f)/(e)

Using the above information we have

Direct labor rate variance = (SR - AR) $\times$ AH

October = ($15 - $15.20) $\times$ 16,250 = - $3,250 Unfavorable

November = ($15 - $15.25) $\times$ 22,000 = - $5,500 Unfavorable

Direct Labor Efficiency Variance = (SH - AH) $\times$ SR

October = (16,800 - 16,250) $\times$ $15 = 8,250 Favorable

November = (18,000 - 22,000) $\times$ $15 = - $60,000 Unfavorable

Direct Labor Cost Variance = Standard Cost - Actual Cost

October = $252,000 - $247,000 = $5,000 Favorable

November = $270,000 - $335,500 = - $65,500 Unfavorable

8 0

3 years ago