Answer:
The cost of a stock on each day is given in an array, find the max profit that you can make by buying and selling in those days. For example, if the given array is {100, 180, 260, 310, 40, 535, 695}, the maximum profit can earned by buying on day 0, selling on day 3. Again buy on day 4 and sell on day 6. If the given array of prices is sorted in decreasing order, then profit cannot be earned at all.
Explanation:
Answer:
The appropriate solution will be "$1320".
Explanation:
The given values are:
Material's actual quantity
= $6600
Standard price
= $2.00
Actual price
= $2.20
Now,
The material price variance will be:
= Actual quantity (Standard price - Actual price)
On substituting the values, we get
= 
= 
= 
($)
Answer:
Hyundai:Rising Sales, Falling Quality?
1) The author of this editorial suggest that:
a. rapid expansion gets in the way of quality control
2. The criticisms responsible for the problems Hyundai encountered with its steering system are:
b. Workers may be asked to make suggestions for improvement, but their suggestions may not be implemented.
c. Implementing total quality management may consume resources that would otherwise be directed toward production of goods and services.
d. Benchmarking best practices in other organizations may reduce true innovation,
Explanation:
Total quality management is a management approach in which all the members of the organization actively participate in improving processes, products, services, and the organizational culture in order to achieve long-term organizational success through customer satisfaction. Benchmarking helps an organization to improve the quality of its products and services and its overall business performance.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Kenton:
Instructors= $6,100
Denton:
Instructors= $305 per student
A) Sellin price= $347
Kenton:
Sales= 347*20= 6,940
Fixed costs= (6,100)
Net operating income= 840
Denton:
Sales= 6,940
Variable costs= 20*305= (6,100)
Net operating income= 840
B) Sellin price= $227
Kenton:
Sales= 227*40= 9,080
Fixed costs= (6,100)
Net operating income= 2,980
C) Sellin price= $227
Denton:
Sales= 9,080
Variable costs= 40*305= (12,200)
Net operating income= (3,120)
D) Sellin price= $347
Kenton:
Sales= 347*13= 4,511
Fixed costs= (6,100)
Net operating income= (1,589)
Denton:
Sales= 4,511
Variable costs= 13*305= (3,965)
Net operating income= 546
Answer:
a. $404,000
b. $60,000
Explanation:
a. The computation of cash received is shown below:
= Sales for the current year + increased in accounts receivable during the year
= $375,000 + $29,000
= $404,000
The increase in accounts receivable show the predicted cash which will be received in near by future. So, it is added in the computation part.
Hence, the amount of cash received from customers is $404,000
b. Computation of cash payment for income tax is shown below:
= Income tax for the current year + decrease in income tax payable during the year
= $39,000 + $21,000
= $60,000
Both transactions should be added to know the accurate figure of income tax payment made in cash.
Hence, the cash payments for income tax is $60,000
