The fact that Kayla spends several hours each week developing specific employee work assignments and production schedules for the coming week suggests that a significant component of Kayla's job involves operational planning, where operational planning is the process that includes preparing plans <span>of an organization that clearly defines the actions that should be taken in order strategic goals to be achieved.</span>
1. 53.33% U = p/(a*m) = 16/(10*3) =16/30 = 53.33%
2. Ca=10 months / 10months = 1, Cp = 32 months / 16 months = 2 Tq= (16/3)*[(0.5333)^(sqrt(2*(3+1))-¬‐1)/(1-¬‐(0.5333))]*(1^2 + 2^2)/2= 9.0 months
T= Tq + p = Tq + 16 months = 25 months
3. p = p / a = 16 / 10 = 1.6
Answer:
Over= $16,000 favorable
Explanation:
Giving the following information:
In October, Glazier Inc. reports 42,000 actual direct labor hours, and it incurs $194,000 of manufacturing overhead costs. Standard hours allowed for the work done is 40,000 hours. Glazier’s predetermined overhead rate is $5.00 per direct labor hour.
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 5*42,000= 210,000
Over/under allocation= real MOH - allocated MOH
Over/under allocation= 194,000 - 210,000= 16,000 favorable
Answer:
The zero-based budget ensures that every dollar you make is assigned a specific purpose
Explanation:
Zero-based budge: It is also known as "zero-sum budget".
It refers to the process of creating a budget from nothing without using the previous year’s budget. It enables a firm allocate all its resources to expenses and debt payment.
Zero based budget ensures that every income made is allocated to a particular purpose without a remainder. The major goal of zero based budget is to ensure that revenue (income) less expenditure (spendings) is equal to zero.
That is, in zero based budgeting,
Income - expenditure= zero (0).
In other words,
income= expenses
Answer:
A. $35,000
Explanation:
The first $150,000 were invested in research and development of the product itself, not the patent. Thus, this amount should be debited to research and development expenses.
The only expenses directly related to the patent itself are the $20,000 spent on legal fees on January 2, 2017, and the $15,000 for legal fees in a successful defense of the patent on July 31, 2017.
Therefore, the total amount that should be debited to Patents (P) is:
P = $20,000 + $15,000 = $35,000
