When you think of time, you may look at your clock to see what time it is. Say the clock reads 12:25 am, and you're feeling hungry. You happen to have $11.25 in your wallet. This makes you think of the relationship between the money and time
How could money relate to time? Well, time only goes through a sixty minutes an hour. But, while the time goes, you can think, "it's a quarter past 12." This would represent 12:25 p.m.
A quarter is money, and it was a quarter past 12. That is one way you could relate time to money. You could say, 11:25, 10:25, 9:25, and it could still mean a quarter past 11, 10, 9. "Quarter doesn't have the same meaning for both different terms, but we use the same vocabulary for both!
Answer:
product margins for the Xtreme and the Pathfinder is 7.9% and 17.7% respectively.
Explanation:
Estimated total manufacturing overhead $1,980,000 Estimated total direct labor-hours 120,000 DLHs, then manufacturing overhead per hour is $33 = 1,980,000/120,000 = $16.5
Please see the detailed calculation in excel attached.
Answer:
The answer is "Mission".
Explanation:
Vision is a dream. In fact, it is the dream of the founders of where the business will go and what it will do!
Mission is the foundation of realization of the Vision and afterwards the organizational strategies and objectives are created based on the mission.
having a realist and attainable mission is a must for an organization to thrive!
During the three-month period, the plant is not able to produce anything because it shut down. Hence, its variable cost is equal to zero, however, during this period, the fixed cost is still greater than zero because of the process that needs to be done in order to ensure that once the plant is restarted.
For the reason stated above, the most likely answer to this item is the first choice.
A "budget" is a plan in which an individual balances available resources and expenses.
Budgeting is the essential way that you can take control of your accounts. Basically, a budget is a composed arrangement for how you will spend your cash. You can make a month to month or a yearly spending plan. The budget enables you to settle on money related choices early, which makes it less demanding to cover every one of your costs consistently. Budgeting reliably can enable you to turn your accounts around and start to fabricate riches.
