All categories

3 years ago

In order to assure better management acceptance, the flow of input data for budgeting should begin with the

1 answer:

3 0

The flow of input data for budgeting<span> should begin with the lower levels of management in order to </span>assure<span> better management acceptance. Lower level management is otherwise known as supervisory or operative level of management. This level consists of supervisors, superintendents, or </span>foremen.

You might be interested in

Which group of a corporation is responsible for running the day to day matters of the corporation?

adelina 88 [10]

Officers are all those individual people or staff who manage the corporation's day-to-day operations.

<h3>What are the responsibilities of corporate officers?</h3>

Officers of a corporate entity are important management executives who oversee the day-to-day operations of the company. They are appointed by and report to the board of directors, and they oversee specific industry functions based on their background and expertise.

<h3>Is indeed an officer the same as a director?</h3>

Everything You Have to Know About Officers vs. Directors When comparing an officer and a director, a director is a person who manages important business affairs, whereas officers oversee daily operations. Officers are also directly involved in the day-to-day management of the business.

To know more about responsibilities of corporate officers visit:

brainly.com/question/17205097

#SPJ4

4 0

2 years ago

1. Compute the throughput time. 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answ

Anit [1.1K]

Answer:

1. Throughput time.

This is the length of time it takes to transform a raw material into finished goods.

= Inspection time + Process time + Move time + Queue time

= 0.7 + 2.8 + 1.3 + 4.1

= 8.9 days

2. Manufacturing Cycle Efficiency:

= Value added time / Throughput time * 100%

= 2.8 / 8.9 * 100%

= 31%

3. Percentage of time spent on none valuable activities:

= 1 - Manufacturing cycle efficiency

= 1 - 31%

= 69%

4. Delivery Cycle time:

= Wait time + Throughput time

= 16.2 + 8.9

= 25.1 days

5. New MCE.

Queue time is eliminated:

= 8.9 - 4.1

New Throughput time = 4.8 days

MCE = 2.8 / 4.8

= 58%

4 0

3 years ago

Eucalyptus Company has the following budgeted variable costs per unit produced: Direct materials $0.35 Direct labor $0.28 Variab

Igoryamba

Answer:

The cost of production at the activity level of 2,200,000 units is $1,913,000

Explanation:

Total budgeted variable costs per unit

= Direct materials + Direct labor + Variable overhead

= $0.35 + $0.28 + ($0.04 + $0.09 + $0.03)

= $0.35 + $0.28 + $0.16

= $0.79

Cost of Production

= Total Variable costs + Total Fixed costs

= (Units produced*Variable costs per unit) + (Rent + Depreciation)

= (2,200,000*$.79) + ($25,000 + $150,000)

= $1,738,000 + $175,000

= $1,913,000

Therefore, The cost of production at the activity level of 2,200,000 units is $1,913,000

7 0

3 years ago

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. Assume that in 2015, an

xenn [34]

Answer:

-3.41%

Explanation:

The computation of the annual rate of return is shown below;

We use the formula:

Future value = Present value × (1 + rate of interest)^number of years

$10,710,500 = $12,738,500 × (1 + rate of interest)^5

($10,710,500 ÷ $12,738,500)^(1 ÷ 5) = (1 + rate of interest)

(1 + rate of interest) = 0.965913622

r = (0.965913622 - 1) × 100

= -3.41%

3 0

3 years ago

Housing expenses are commonly referred to as piti. what does piti stand for?a.principal, income, taxes, investmentb.payment, inv

Rasek [7]

Correct option is d : principal, interest, taxes, insurance.

Housing expenses are commonly referred to as piti. piti stand for principal, interest, taxes, insurance.

Principal, interest, taxes, insurance or in other words PITI are the sum components of a mortgage payment. Specially, components of the mortgage payment consists of the principal amount, loan interest, property tax, as well as the homeowners insurance and private insurance premiums mortgage.

PITI is generally quoted on the monthly basis. It is then compared to a borrower's monthly gross income for computing the front-end and back-end ratios of any individual.

To know more about PITI here:

brainly.com/question/1395659

#SPJ4

4 0

1 year ago