When it comes to executing plans, the role of a manager is controlling and problem solving.
<h3>Who is a manager?</h3>
Managers supervise the activities of others in order to achieve goals. Managers in the modern workforce may be in charge of systems or specific functions that do not involve humans.
A manager has several responsibilities in an organization. One of them is concerned with carrying out the plan devised to achieve organizational objectives. A manager uses this plan to control and solve problems that may arise while carrying out the plan, as well as to make necessary adjustments.
For example, compare actual results to planned results and make adjustments as needed.
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Answer:
Explanation:
Sales$439,000
Profit Margin = 6% x $439,000 = $26,340
Tax liability = 34% x $26,340 = $8,956.
Cash flow from operations:
Net income $26,340
Add depreciation $32,000
Deduct net working capital changes -$56,000
Deduct tax liability $8,956
Cash flow from operating activities -$6,616
<u>Answer:</u>
<em>Individuals, as a whole, spend less than they make. The excess is provided for financial institutions.
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<u>Explanation:</u>
In any market, the cost determines what providers get and what demanders pay. In money related markets, the individuals who supply monetary capital through sparing hope to get a pace of return, while the individuals who request budgetary capital by accepting assets hope to pay a speed of performance. This pace of recovery can arrive in an assortment of structures, contingent upon the kind of speculation.
Members in budgetary markets must choose when they want to devour merchandise: presently or later on. Financial experts call this essential intertemporal leadership since it includes choices crosswise over time.
Answer: A sustained, long-term slow down in economic growth is called. Secular Stagnation.
Explanation:
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Answer:
The correct answer is B.
Explanation:
Giving the following information:
Hardigree Corporation makes a product that has the following direct labor standards:
Standard direct labor-hours 0.3 hours per unit
Standard direct labor rate $ 23.00 per hour
In May the company's budgeted production was 8,900 units, but the actual production was 8,800 units. The company used 2,820 direct labor-hours to produce this output. The actual direct labor cost was $70,218.
Actual rate= 70,218/2,820= 24.9
Direct labor price variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor price variance= (23 - 24.9)*2,820= 5,358 unfavorable
