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2 years ago

Identify the role the government regulation serve in business.

1 answer:

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<span>The U.S. government has set many business regulations in place to protect employees' rights, protect the environment and hold corporations accountable for the amount of power they have in this business-driven society.</span>

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The standard cost of product 777 includes 2.9 units of direct materials at $6.8 per unit. During August, the company bought 29,2

Olegator [25]

Answer:

Total Material Variance = $1,636 Favorable

Material Price Variance = $2,920 Unfavorable

Material Quantity Variance = $4,556 Favorable

Explanation:

Total Material Variance = Standard Cost - Actual Cost

Standard Cost = Standard units $\times$ Standard Price

Standard Units = 10,300 $\times$ 2.9 = 29,870 units

Standard cost = 29,870 $\times$ $6.8 = $203,116

Actual Cost = 29,200 $\times$ $6.90 = $201,480

Total Material Variance = $203,116 - $201,480 = $1,636 Favorable

Material Price Variance = (Standard Rate - Actual Rate) $\times$ Actual Units

= ($6.8 - $6.9) $\times$ 29,200 = - $2,920 Unfavorable

Material Quantity Variance = ( Standard Units - Actual Units) $\times$ Standard Price

= (29,870 - 29,200) $\times$ $6.8

= $4,556 Favorable

Final Answer

Total Material Variance = $1,636 Favorable

Material Price Variance = $2,920 Unfavorable

Material Quantity Variance = $4,556 Favorable

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2 years ago

While the percentages may not hold in a particular industry, the ______ rule suggests that a small fraction of customers provide

Talja [164]

Answer:

The correct answer is 80/20.

Explanation:

The Pareto Principle was described by economist and sociologist Vilfredo Pareto, which specifies an unequal relationship between inputs and outputs. The principle states that 20% of what goes into or is invested is responsible for 80% of the results obtained. In other words, 80% of the consequences derive from 20% of the causes; This is also known as the "Pareto rule" or the "80/20 rule."

The principle does not stipulate that all situations are going to show exactly this relationship, it refers to a typical distribution. In general, the principle can be interpreted as a minority of causes deriving from most of the results.

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3 years ago

________ is a collection of change methods that seek to improve organizational effectiveness and employee well-being.A) Organiza

____ [38]

Answer:

The correct option is A

Explanation:

OD ( Organizational Development) is the collection or group of the change methods which try to improve or enhance the effectiveness of the firm or organization and also the well being of the employee. OD methods value the human as well as the organization growth, participative and the collaborative processes and the spirit of inquiry.

6 0

3 years ago

Jared is a retail store employee. He is responsible for ensuring that the inventory requested from the manufacturer arrives as o

irina [24]

Answer: Job enlargement

Explanation:

From the question, it can be deduced that Jared has experienced job enlargement. Job enlargement is a situation where the number of task an employee has to carry out in his/her job has been increased by the employer. Job enlargement can arise when the employee is very reliable in carrying out his/her job duties or when there is a shortage in workers in a company.

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2 years ago

Based on its 1Q 2014 press release, what is the maximum $ amount the Coca-Cola Company expects to spend in repurchasing its shar

OverLord2011 [107]

Answer: $3.0 billion.

Explanation:

According to the Press Statement released by Coca-Cola on April 15, 2014 as found on the SEC website, the company plans to spend between $2.5 billion and $3.0 billion on share repurchases by the end of the 2014 fiscal year.

As at the end of the first quarter of 2014, the Company had already spent $713 million in share repurchases and so were optimistic about their repurchases plan.

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3 years ago