Answer:
TRUE
Explanation:
The influence of cultural on business behavior is broadly encompassing. Cultural impacts ranges from understanding employee behavior and employees management methodologies; i.e. how best to manage employees based on their values and priorities. It also impacts the functional areas of marketing and distribution: what people appreciate and the peculiarities of their environment. It also greatly impact and is a strong determinant factor of success when a company is taking a decision on how best to enter a new market.
When business ignore cultural factors they are guilty of ethnocentrism and could be orchestrating business failure.
Answer:
a. the difference between actual and budgeted fixed overhead costs.
Explanation:
As we know that
The variance is shows the difference between the actual amount and the budgeted amount or estimate amount
So, the total fixed overhead variance is the difference between the actual fixed overhead costs and the budgeted fixed overhead costs i.e to be fixed in nature
Hence, the first option is correct
Answer:
Inbound logistics
Explanation:
Inbound logistics is the process of obtaining raw materials, and other goods and services, to the firm, while outbound logistics is the process of delivering the final goods and services from the firm to the customers.
In this case, the retail company is engaging in inbound logistics because it is procuring the raw materials from local farmers. Once these materials reach the firm, it can transform them into the agricultural produce and consumer produce that it sells.
Answer:
$192 million; $153.60 million; $38.40 million
Explanation:
Given that,
Direct material purchased = $80 million
Direct labor costs = $51 million
Manufacturing overhead = $77 million
Percent of the work-in-process completed = 80%
(1) Transfers-In:
= Direct materials + Direct labor costs + Manufacturing overhead
= (80% × $80 million) + $51 million + $77 million
= $64 million + $51 million + $77 million
= $192 million
(2) Transfer-out:
= Transfers-In × percent of the work-in-process completed
= $ 192 million × 80 %
= $ 153.60 million
(3) Ending Balance:
= Transfers-In - Transfer-out
= $192 million - $ 153.60 million
= $38.40
Answer:
Topic Building
Explanation:
Sam is at this point trying to build his topic for the speech.
It is based on this topic a speech write up will be made.
