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Eddi Din [679]
3 years ago
14

ompanies that succeed in a turbulent world are those in which managers are evaluated and rewarded for paying attention to both c

ultural values and business performance.a. Trueb. False
Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
5 0

Answer:

True

Explanation:

When a company has managers that pay attention to cultural values and business performance, the company will succeed. This is because the manager has effectively ensured that organizational culture is shared among all employees and as such helps to improve efficiency and performance of the company in discharging it responsibilities and meeting it's goals.

Cheers.

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Black Cat Corporation manufactures a product with the following full unit costs at a volume of 4,000 units: Direct materials $20
Snezhnost [94]

Answer:

Increase by $97,650

Explanation:

Increment Sale                                       $247,500

(450 * $550)

<u>Less Increment cost</u>

Direct materials                 $90,000

(450 * $200)

Direct labor                        $36,000

(450 * $80)

Manufacturing overhead   $20,250

(450 * $150 * 30%)  

Administrative expenses   <u>$3,600</u>        <u>$149,850</u>

(450 * $80 * 10%)

Profit will increase by                             <u>$97,650</u>

5 0
3 years ago
Tharaldson Corporation makes a product with the following standard costs:
anastassius [24]

Answer:

Tharaldson Corporation

The materials quantity variance for June is:__________

= $1,480

Explanation:

a) Data and Calculations:

                        Standard Quantity    Standard Price     Standard Cost

                                 or Hours                or Rate                  Per Unit

Direct materials      7.4 ounces       $2.00 per ounce          $14.80

Direct labor             0.3 hours        $18.00 per hour              $5.40

Variable overhead 0.3 hours          $7.00 per hour              $2.10

Reported Results in June:

Originally budgeted output 2,800 units

Actual output 2,900 units

Raw materials used in production 20,600 ounces

Purchases of raw materials 21,700 ounces

Actual direct labor-hours 490 hours

Actual cost of raw materials purchases $42,200

Actual direct labor cost $12,800

Actual variable overhead cost $3,400

Materials quantity variance = (Actual quantity - Budgeted quantity) * standard rate

= (2,900 - 2,800) * $14.80

= $1,480

= (2,900 - 2,800) * 7.4 * $2

6 0
3 years ago
What are things you can do to manage the risks in your life to reduce any financial losses?
meriva
Spend carefully use discounts monitor your spending create list on how much you spend etc.
5 0
3 years ago
Read 2 more answers
g A price ceiling that is set below the equilibrium price _____ . Group of answer choices causes suppliers to lose money creates
Allushta [10]

Answer:

creates a shortage

Explanation:

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Because price is set below equilibrium price, demand would outstrip supply and this would lead to a shortage

Effects of a price ceiling

1. It leads to shortages

2. it leads to the development of black markets

3. it prevents producers from raising price beyond a certain price

4. It lowers the price consumers pay for a product. This increases consumer surplus

6 0
2 years ago
XYZ Company has expected earnings of $3.00 for next year and usually retains 40 percent for future growth. Its dividends are exp
Verizon [17]

Answer:

Price of stock  = $40

Explanation:

According to the dividend growth model, the price of a stock is the present value of expected dividend discounted at the required rate of return.

This is done as follows:

Price of a stock = D×(1+r)/(r-g)

D(1+g) - Dividend for next year = 100%-40%× $3 = $1.8

g- growth rate - 10%

r- required rate of return - 15%

Price of stock = 1.8× (1.1)/(0.15-0.1)

                    = $40

6 0
3 years ago
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