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DanielleElmas [232]

3 years ago

7

Kevin has considered selling franchises of his very successful hardware store. however, he is concerned that the franchises will

destroy the reputation of the company and end up hurting his business. what advice would you give kevin?

1 answer:

AlekseyPX3 years ago

4 0

I really don't know

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Carly is eager to tell the interviewer about the team she led of product managers from the united states, latin america, and eur

pochemuha

I would say that the dimension of her global mindset would be sensitivity to people of other cultures and a desire to learn from people of other parts of the world and also show that we all have basic qualities of humanity such as wanting to co-operate and be an active part of a team.

6 0

3 years ago

Using your resources wisely means using the smallest amount of resources to produce the greatest amount of output.

Levart [38]

Answer:

True

Explanation:

Using your resources wisely means using the smallest amount of resources to produce the greatest amount of output. In terms of the economic efficiency , when all goods and factors of production in an economy are distributed or allocated to their most valuable uses and waste is eliminated or minimized. Economic efficiency is when every scarce resource in an economy is used and distributed among producers and consumers in a way that produces the most economic output and benefit to consumers. Economic efficiency can involve efficient production decisions within firms and industries, efficient consumption decisions by individual consumers, and efficient distribution of consumer and producer goods across individual consumers and firms. Effective management is described a use staff, time and resources wisely to minimize unnecessary cost to the organization.

7 0

3 years ago

At the beginning of June, Kimber Toy Company budgeted 23,000 toy action figures to be manufactured in June at standard direct ma

arsen [322]

Answer:

Direct Material quantity variances = $600 (Favorable)

Direct labor time variances = $279 (Unfavorable)

Explanation:

Requirement A,

We know,

Direct Material quantity variances = (Actual quantity - Standard quantity) × Standard cost per unit

Given,

<em>a) Standard cost per unit = $0.50 per pound</em>

b) Actual Quantity = Actual direct materials ÷ Standard cost per unit

Actual Quantity = $21,100 ÷ $0.50

<em>Actual Quantity = 42,200 pounds.</em>

c) Standard quantity = Actual production ÷ Standard cost per unit = 20,500 toys ÷ $0.50 per pound

<em>Standard quantity = 41,000 pounds</em>

Putting the values into the above formula,

Direct Material quantity variances = (41,000 - 42,200) pounds × $0.50 per pound

Direct Material quantity variances = $600 (Favorable)

As the standard quantity is higher than actual quantity, the company is in favorable condition.

Requirement B

We know,

Direct labor time variances = (Actual Hour - Standard Hour) × Standard labor rate per hour

Given,

<em>a) Standard labor rate per hour = $9.00</em>

b) Actual Hour = Actual direct labor ÷ standard direct labor rate

Actual Hour = $9,500 ÷ $9.00

<em>Actual Hour = 1,056 hours</em>

c) Standard hour = [(Standard Direct labor ÷ standard direct labor rate) ÷ Budgeted production] × Actual production

Standard hour = [($10,350 ÷ $9.00) ÷ 23,000] × 20,500

<em>Standard hour = 1,025 hours</em>

Putting the values into the above formula,

Direct labor time variances = (1,056 - 1,025) hours × $9.00

Direct labor time variances = $279 (Unfavorable)

As the standard hour is lower than actual hour, the company is in unfavorable condition.

3 0

3 years ago

During 2019, Montoya (age 15) received $2,350 from a corporate bond. He also received $750 from a savings account established fo

Ksenya-84 [330]

Answer:

Montoya's taxable income = $2050

Explanation:

given data

received corporate bond = $2,350

received savings account = $750

to find out

Montoya's taxable income

solution

first we get here interest income that is

interest income = received corporate bond + received corporate bond

interest income = $2350 + $750

interest income = $3100

and we know that here standard deduction for dependent person tax return is = $1050

so here Montoya's taxable income will be

Montoya's taxable income = $3100 - $1050

Montoya's taxable income = $2050

6 0

4 years ago

The following information is provided by the Town of York's General Fund operating statement and budgetary accounts for the fisc

Stels [109]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

8 0

3 years ago