Answer:
The correct answer is Allow employees to particpate.
Explanation:
Following a strategy in which employee participation is promoted does not imply that all problems are delegated to them, or rather unimportant problems; It consists in the active intervention of workers when identifying, analyzing and solving problems that make it difficult to achieve business objectives. It is important that employees get involved in the challenges of the organization to which they belong, and in the same way that they feel satisfied by a positive performance, they must also be aware and persistent in the face of adverse situations that affect the performance of the company.
Answer:
$114 unfavorable
Explanation:
For computing the overall variable overhead efficiency variance first we have to need to find out the standard variable overhead rate which is shown below:
= ($11,680 + $41,900) ÷ 4,700 hours
= $11.4
Now the variable overhead efficiency variance is
= standard variable overhead rate × (Actual machine hours - standard machine hours)
= $11.4 × (4,740 machine hours - 4,730 machine hours)
= $114 unfavorable
This unfavorable indicates the actual hours are more than the standard hours
Answer:
- Materials ⇒ 70,725 units
- Conversion ⇒ 68,600 units
Explanation:
Using the weighted average method, the equivalent units are the Units transferred out plus the equivalent closing inventory.
Materials:
= Units transferred out + Closing equivalent units
= 63,500 + (85% * 8,500)
= 70,725 units
Conversion:
= 63,500 + (60% * 8,500)
= 68,600 units
Answer:
Yes, the Astrid maximizing her utility
Explanation:
Given that
Utils for the last quart = 30
Per quart = $3
Honey price = $0.75
Utils of Last jar = 7.5
The calculation of maximum utility is given below:-
Per dollar utility gained by milk
= 30 ÷ 3
= 10 utils
Milk utility for $0.75
= 30 ÷ 3 × $0.75
= 7.5 utils
Therefore from the last quart the utility was same and the dollars was spent in last jar. So, Astrid can maximizing her utility.
Answer:
contribution margin ratio= (selling price - unitary variable cost) / selling price
Explanation:
We weren't provided with enough information to calculate the contribution margin ratio, but, I will provide the formula and an example to guide an answer.
<u>To calculate the contribution margin ratio, we need to use the following formula:</u>
contribution margin ratio= (selling price - unitary variable cost) / selling price
<u>For example:</u>
Selling price= $35
Unitary variable cost= 23
contribution margin ratio= (35 - 23)/35
contribution margin ratio= 0.34
