Answer:
12 months
Explanation:
The fiscal or financial period of a business lasts for 12 months or one year. It means that at the end of that 12 months, the business prepares its financial statement to determine its profitability. The business assesses its growth, success, and failure for the period.
After evaluating performance, planning for the next period of 12 months begins. The entrepreneur prepares a budget for the year, including their compensation. Compensation for the entrepreneur should be budgeted and reviewed every year together with the other budget items.
Answer:
yes true ik it is i got it wrong when i said false
Answer:
d. 42.90 hours
Explanation:
y = aQᵇ
y = average time to produce one more unit
a = the time it took to produce the first unit
Q = cumulative production
b = learning rate = [(log learning rate in %) / log 2] = -0.152003093
learning rate in % = 10.8 / 12 = 0.9 = 90%
cumulative quantity average hours per unit total hours
1 12 12
2 10.8 22.8
3 10.38 33.18
4 12 x 4⁻⁰°¹⁵²⁰⁰³⁰⁹³ = 9.72 42.90
Answer to this Question is A): Contracting Officer
Explanation:
Contracting officer can cancel an invitation for bids after the formal bid opening. He can do it certainly, but after following a mentioned criteria. To fulfill that criteria he must make the determinations in writing which are required by the rules. (FAR - section 14 followed in 404 paragraph 1 (C) and next (e) 1. This is the only option left with the contracting officer when the bids have opened on the announced date. Furthermore, bid can still be cancelled if the offer has been received.
Answer:
$2,260 Favorable
Explanation:
The computation of the variable overhead rate variance is shown below:
= Actual hours × actual rate - actual hours × standard rate
= $51,200 - 8,100 hours × $6.60
= $51,200 - $53,260
= $2,260 favorable
The Actual total variable manufacturing overhead comprises of
= Actual hours × actual rate
= $51,200
Simply we put the figures on the given formula.
