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2 years ago

3. What is dollar voting? How can it affect the launch of the franchise into the new region?

Business

1 answer:

icang [17]2 years ago

3 0

Answer:

Dollar voting is an analogy that has been used to refer to the impact of consumer choice on producers' actions through the flow of consumer payments to producers for their goods and services.

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A manufacturing company that has only one product has established the following standards for its variable manufacturing overhea

n200080 [17]

Answer:

Variable overhead efficiency variance $ 8,018  Unfavorable

Explanation:

Variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected.

Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance

Hours

2,700 units should have taken (2,700 × 3.20) 8640

but did take (actual hours) 9,400

Efficiency variance in hours 760 unfavorable

standard variable overhead cost per hour $10.55

Variable overhead efficiency variance $ 8,018 Unfavorable

Variable overhead efficiency variance $ 8,018  Unfavorable

8 0

2 years ago

One item that appears on an insurance company's financial statements is a liability that represents an estimate of the claims re

Bess [88]

This liability is called the insurer's "loss reserve".

Loss reserve is a gauge of an insurer's liability from future cases. Loss reserves most often contain liquid resources, and they enable the insurer to cover claims made against strategies that it endorses. Assessing liabilities can be a difficult task. Insurers need to regulate loss reserve estimations as the situation change.

8 0

2 years ago

Suppose you just bought a 25-year annuity of $8,200 per year at the current interest rate of 12 percent per year. What is the va

zhannawk [14.2K]

Answer:

64,313.74 ; 95,559.38 ; 47,283.11

Explanation:

by definition the present value of an annuity is given by:

$a_{n} =P*\frac{1-(1+i)^{-n} }{i}$

where $a_{n}$ is the present value of the annuity, $i$ is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:

1. P=8,200, n=25, i=12%

$a_{n} =8,200*\frac{1-(1+12\%)^{-25}}{12\%}$

$a_{n} =64,313.74$

2. P=8,200, n=25, i=7%

$a_{n} =8,200*\frac{1-(1+7\%)^{-25} }{7\%}$

$a_{n} =95,559.38$

3. P=8,200, n=25, i=17%

$a_{n} =8,200*\frac{1-(1+17\%)^{-25} }{17\%}$

$a_{n} =47,283.11$

6 0

3 years ago

Key performance indicator cards: A. lead to local but not global or strategic improvements if they are not linked to strategy.

Alecsey [184]

Answer:

A. Lead to local but not global or strategic improvements if they are not linked to strategy.

Explanation:

A key performance indicator card is a technique or rather methodology used in assessing the status of a measure by comparing key indicators to target. It is a performance card that identifies the main objective and gives a well structured view of the organization. It can lead to both local and strategic improvements if they are linked to strategy. They are performance scorecards developed without necessarily working from company's strategy.

3 0

2 years ago

Michael wong and sanjay patel, both lawyers, start a law firm together. both of them have unlimited liability for the debts of t

UNO [17]

The law firm that Michael Wong and Sanjay Patel started together is an example of general partnership. The general partnership is a way where partners have an arrangement of joining together in one business that will provide them unlimited liability in terms of the obligations in their partnership.

6 0

2 years ago