Answer:
The controllable variance for the month was $1,709 unfavorable
Explanation:
Controllable variance: The controllable variance show a difference between actual overhead expenses incurred and budgeting operating level based on direct labor hour.
In mathematically,
Controllable variance = Actual overhead expenses - budgeting operating level based on direct labor hour
where,
Actual overhead expenses = $11,227
And, budgeted operating level based on direct labor hour
= budgeted operating level × direct labor per hour
= 6,160 × $2.10
= $12,936
Now, put these values on the above formula:
So,
Controllable variance = $11,227 - $12,936 = $1,709 unfavorable
Hence, the controllable variance for the month was $1,709 unfavorable
Answer:
a. 116.9 and the inflation rate was 16.9%
Explanation:
<u>Definition</u>
Consumer Price Index (CPI) is a statistical measure that is constructed using a weighted average market basket of consumer goods and services produced by a household.
CPI = (Cost of market basket ₓ / Cost of market basket ₓ₁) * 100
where x = present year(2014) and x1 = base year(2012)
CPI = (90/77) * 100
CPI = 116.88
CPI = 116.9 (to 1 decimal place)
Inflation =<u>Current year basket cost - Base year basket cost</u> * 100
Base year basket cost
Inflation = <u>90-77</u> * 100
77
Inflation = 16.88
Inflation = 16.9% ( to 1 decimal place)
Answer:
B.
compute depreciation for a full year under straight minusline depreciation and multiply it by the fraction of the year that you held the asset.
Explanation:
Under straight-line depreciation, the asset value is spread equally throughout its useful life.
To get the depreciation of a partial year, you need to calculate the depreciation a full year first.
Divide the asset value by the number of its useful years to get depreciation value for one year. To compute partial depreciation, you need to establish the fraction of the year to be depreciated. Divide the number of months by twelve to get the fraction.
To get actual depreciation, multiply this fraction by a full year depreciation.
Answer:
A. the integration of all the functional areas of the business to achieve its organizational objectives
Explanation:
Strategic management is the process of setting goals for an organisation, analyzing its competitive environment and internal environment, and evaluating strategies that will ensure that the organisation achieve its goals. It covers all the functional areas such as the micro and macro environment of the business.
Answer:
The correct answer is the option C: Clarification and justification.
Explanation:
To begin with, in the stage of <em>clarification and justification</em> of the negotiation process the parties do not need to be argumentative but instead they need to be educative to each other by showing the other what are the reasonable statements that are established in order to proove their positions on each argument done before. That is why, in this stage the positions of each party are discussed at length in order to comprehend what every party is supporting for and that is why this stage is called of ''justification''.
