Answer:Hello! i am figuring this question out for you! one moment
Explanation:
Answer:
$17,000 Favorable
Explanation:
Provided information, we have
Standard hours for each unit = 0.8 hours
Standard Rate per hour = $34
Actual quantity produced = 7,650 units
Actual labor hours used = 5,620
Actual rate per hour = $118,020/5,620 = $21 per hour
Standard hours for Actual output = 7,650
0.8 = 6,120 hours
Labor Efficiency Variance = (Standard Hours - Actual Hours)
Standard labor rate per hour
= (6,120 - 5,620)
$34
= $17,000 Favorable
As the amount is positive and actual hours used is less than standard hours the variance is favorable.
Answer:
$1,032
Explanation:
Calculation to determine What monthly rent must she charge for each apartment to break even
First step is to calculate the Monthly costs using this formula
Monthly costs = Mortgage payment + Real estate taxes + Insurance costs + Maintenance costs
Let plug in the formula
Monthly costs=$1,510 + ($2,304 / 12) + ($1,452 / 12) + [2 ×($1,446 /12)]
Monthly costs= $1,510 + 192+ 121 + 241
Monthly costs= $2,064
Now let calculate the Break-even monthly rent per apartment
Using this formula
Break-even monthly rent per apartment = Monthly costs / 2
Let plug in the formula
Break-even monthly rent per apartment = $2,064 / 2
Break-even monthly rent per apartment = $1,032
Therefore What monthly rent must she charge for each apartment to break even will be $1,032
Answer:
a. Project management maturity is an ongoing process based on continuous improvement.
Explanation:
Maturity models are a prospering approach to improving a company's processes and business process management capabilities. It measures the ability of an organization for continuous improvement in a particular discipline.
Project management maturity models are used to: compare practices against an industry standard, define a systematic route for improving project management practices and evaluate current project management practices.
From the above, we can conclude that the maturity models presented in this chapter all demonstrate that Project management maturity is an ongoing process based on continuous improvement.
Answer:
No, because they violated the duty of care
Explanation:
Business judgement rule is a provision that protects the management of a business from frivolous legal action concerning the way it does business.
The court assumes that the management acts in good faith in its fiduciary role, standard of loyalty, prudence, and care.
Duty of care is breached when the management do not make reasonable effort to prevent injury or loss.
In this instance Signal board is not protected by the business judgement rule because they violated duty of care.
Although the offer by Burmah oil is above the valuation a month ago, the board did not bother to do a present valuation or find out if other companies want to buy the subsidiary at a higher price.