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ziro4ka [17]
3 years ago
10

Although companies that sell global products can reduce costs by standardizing certain marketing​ activities, when might this ap

proach not benefit the​ company?
Business
1 answer:
Lapatulllka [165]3 years ago
7 0
Although companies that sell global products can reduce costs by standardizing certain marketing​ activities, this approach may not benefit the company when the benefit of serving the customers with an adapted product may outweigh the benefit <span>of a standardized product.
This needs to be balanced - there shouldn't be more of one or the other. 
</span>
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When Tesla receives a $1,000 reservation payment from a customer, what Tesla general ledger accounts does this $1,000 impact? Ex
Greeley [361]

<u>Solution and Explanation:</u>

• The Significant dangers and awards of responsibility for products have been moved to the purchaser.  

• The dealer holds neither proceeding with the administrative contribution to the degree generally connected with the possession nor powerful authority over the products sold.  

• The measure of the income can be dependably estimated.  

• It is plausible that the monetary advantages related to the exchange will stream to the vender.  

• The cost brought about or to be acquired in regard to the exchange can be estimated dependably. In such conditions, any thought previously got for the offer of merchandise is perceived as an obligation. So therefore, receipt of $1000 received by Tesla as a reservation payment from a customer is recorded as short term liability in its books.

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3 years ago
What is LVN​ Corporation's direct labor efficiency​ variance? (Round any intermediary calculations to the nearest cent and your
Leokris [45]

<u>Complete Question:</u>

LVN Corporation's direct labor costs and related information for the month of June were as follows:

500 Actual total direct labor-hours

1000 Standard total direct labor-hours

Total direct labor cost $16,500

Unfavorable direct labor rate (rate) variance $600

What is LVN Corporation's direct labor efficiency variance?

A. $16,500 unfavorable

B. $7950 unfavorable

C. $7950 favorable

D. $16,500 favorable

Answer:

$7,950 Unfavorable

Explanation:

As we know that:

"Labor Efficiency Variance = (Actual Labor Hours Worked for Actual Production − Standard Hours for Actual Production) * Standard Rate"

If we consider the parenthesis elements in the formula, we can decide whether the variance is favorable or adverse. If the actual labor hours worked are more than the budget (standard hours for actual production) then the variance (difference) is adverse because greater the hours worked for same level of activity (Production Units) the greater is the labor cost. Hence the variance would be adverse and vice versa.

Here

Actual Hours Worked for actual production are 1,000 Hours

Actual total labor cost is $16,500

Standard Hours Worked for actual production are 500 Hours

Standard rate per hour is $15.9 per Hour <u>(Step 1)</u>

By putting values, we have:

Direct Labor Efficiency Variance = (1000 Hrs - 500 Hrs) * $15.9 per hour

= (1000  -  500) * $15.9 per share

= $7,950 Unfavorable

<h2><u>Step1: Find Standard Labor Rate</u></h2>

We can find the standard labor rate using the following labor rate variance formula:

Labor Rate Variance = (Standard Rate per Hour * Actual Hours Worked) − (Actual Rate per Hour * Actual Hours Worked)

Here

(Actual Rate per Hour * Actual Hours Worked) is total labor cost which is $16,500

Actual Hours Worked is 1000 Hours

Labor Rate Variance is ($600)

By putting values, we have:

($600) = (1000 Hours * Standard Labor Rate)  -  $16,500

($600) + $16,500 = 1000 Hours * Standard Labor Rate

$15,900 = 1000 Hours * Standard Labor Rate

Standard Labor Rate = $15,900 / 1000 Hours  = $15.9 per hour

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What is the Accounting cycle?
Arte-miy333 [17]

Answer:

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Explanation:

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A key to economic growth and development is to:
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