Answer:
Favorable $16,000
Explanation:
Volume Variance : ( Actual production Units - Budgeted Units ) * Cost per unit
Volume Variance = (32,000 - 30,000) * $8 per unit
Volume variance = $16,000 Favorable
Volume variance is the measure of the units produced in comparison with the budgeted units. The favorable variance is one when actual units produced are more than budgeted.
Answer:
The correct answer to the following question will be "$0".
Explanation:
As we know the given expenses and sales are:
- Year 2018 sale = $600
- Operating expenses = $150
Such that the tax base for Greenville throughout the deferred revenue installment sale would be $0 because according to the details given Installment or obligations sales are regarded income mostly for book transactions and not just for taxation purposes.
Therefore the above is the right answer.
The main purpose as well as the cause of the failure of performance appraisal process is as described below-
Explanation:
Appraisal refers to the process (mostly formal) to evaluate the productivity of the manpower of an organisation. It serves for administrative as well as developmental purpose.
Performance appraisal serves three important purpose-
- Providing adequate feedback to employees based on his/her performance.
- It can help in modifying employee behaviour and thus contributing to an effective workspace environment.
- Providing qualitative parameters to higher-order authority through which they can adjudge their subordinates.
However, appraisals occasionally fail in their motive due to following reasons-
- Appraisals are prone to biases prevailing in the work environment. Moreover, the neutrality of the rating authority is also often under the scanner.
- The appraisals are often inflicted by sampling error. The conclusion of few cannot be generalised on all.
- Appraisals don’t take into account the variability of the employee's performance, Rather it relies on the end performance and the start.
Answer:
110 million. Point U.
Explanation:
This economic system is referred to as a depression and it is a downturn that has occurred over a long period of time. It is a sustained downturn that is more worse than a recession. This normally affects the economic activities. In the economic system above, the employment decreased to 10 million while the economic system is at Point U.
