Answer:
Capital budgeting is the process "of making capital expenditure decisions"
Explanation:
Capital budgeting is a planning process employed by a firm's management to evaluate if embarking on long-term investments (like purchase of a new machinery, replacement of old non-current assets, new product line, etc) are viable and profitable.
Decisions made by management must be informed decisions and one of the ways in which an investment decision can be evaluated to check if it is worthwhile is the capital budgeting process
To get this answer you can simply move the decimal over one.
Or you can multiple 5.30 *0.10 = 0.53
So you can then subtract 0.53 from 5.30 to get the answer of:
$4.77
Answer:
45
Explanation:
Number of Kanbans = demand during lead time + safety stock÷ size of container
Number of Kanbans = [(1977 * 6) + 1.5 * 1977] / 328
=(11,862)+(2,965.5)/328
Number of Kanbans
=14,827.5/328
= 45
Therefore we would need 45 kanbans for this connector.
Answer:
FIXED PRICE CONTRACT
Explanation:
The type of contract that is most suitable if the type of work is predictable and the requirements are well-defined and not likely to change is FIXED PRICE CONTRACT because it looks as if the vendor is asking for a cost-plus-fixed-fee contract. However, by asking for a fixed $12,500, the vendor is actually asking for a FIXED PRICE CONTRACT. The cost and fee are just the components the vendor has estimated to come up with a final price.
Answer:
-$30,250 favorable
Explanation:
labor efficiency variance = (standard quantity - actual quantity) x standard labor cost
- actual quantity = 7,700 hours
- standard quantity = 9.9 hours x 1,000 units = 9,900
- standard labor cost = $13.70
labor efficiency variance = (7,700 - 9,900) x $13.70 = -$30,250 favorable variance
the variance is favorable, because less hours were actually used than forecasted