Answer:
$9,000 (Unfavorable)
Explanation:
The computation of the direct-labor rate/price variance is given below:
Given that
Actual time used = 45,000 hours
Actual cost of labor used = $639,000
Now
Actual rate = Actual cost of labor used ÷ Actual time used
= $639,000 ÷ 45,000
= $14.2 per hour
And,
Standard rate = $14 per hour
Standard time = 5 hours per unit
Actual output = 8,900 units
So, standard time for actual output = 8,900 × 5
= 44,500
Now
Direct labor rate variance = Actual time × (Standard rate - Actual rate)
= 45,000 × (14 - 14.2)
= $9,000 (Unfavorable)
14,400 production sequences are possible.
Since the first set of machining operations can be performed in any order, after selecting one, there are 4 operations left. After selecting another, there are 3 operations left.
After selecting yet another, there are 2 operations left. Finally, after selecting yet another, there is only 1 operation left. This procedure may be described by the equation below: There are 120 potential options when multiplying 5 by 4 by 3 by 2 by 1. It may also be written mathematically as 5! = 120.
Here, We have 5 × 4 x 3 x 2 x 1 = 120 potential unique options for the final five assembly processes.
So total number of combinations will be - 120 × 120
= 14,400
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Answer:
Theory X
Explanation:
Theory X is one of the types of management. In this type of management, the managers presume that the employees are not motivated towards their work. They step out with methods like remuneration and increments to motivate the employees. These additional benefits are provided to them when the employees show great responses in tangible forms. The managers hold the thought that the employees need to be controlled and threatened to bring the maximum output of them. They also assume that the employees need constant supervision at every stage of their work.
In the given excerpt, it is evident from the steps taken by Jerry that he is a Theory X manager.
The financial system sees commercial enterprise cycle fluctuations in preference to slow, easy boom is a crucial trouble of Economic shocks.
The required details for Economic shocks in given paragraph
An financial surprise refers to any extrude to fundamental macroeconomic variables or relationships that has a considerable impact on macroeconomic effects and measures of financial performance, which includes unemployment, consumption, and inflation. Shocks are regularly unpredictable and are generally the end result of occasions concept to be past the scope of regular financial transactions. Economic shocks have full-size and lasting outcomes at the financial system, and, in accordance to actual commercial enterprise cycle theory (RBC), are concept to be the foundation purpose of recessions and financial cycles. Economic shocks are random, unpredictable occasions which have a full-size effect at the financial system and are due to matters outdoor the scope of financial models.
Economic shocks may be labeled with the aid of using the financial area that they originate from or with the aid of using whether or not they mainly affect both deliver or demand. Because markets are connected, the outcomes of shocks can pass via the financial system to many markets and feature a main macroeconomic effect, for higher or worse.
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