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Anastasy [175]
3 years ago
14

Sonja is a barista. Her manager has been hearing reports that Sonja's lattes taste like the milk is burned. Her manager talks to

Sonja about these reports and shows her some tricks for steaming the milk to the correct temperature. This is an example of which type of control?
Business
1 answer:
V125BC [204]3 years ago
3 0

Answer: Feedback

                                         

Explanation: In simple words, it refers to a form of controlling strategy under which the manager guides the performance of a subordinate by expressing their views on their current performance either in form of compliments or as suggestions.

In the feedback process, if the current performance comes to be negative then the manager provides corrective actions along with the information that a deficiency has occurred.

In the given case, Sonja's manager showed her some tricks of how she can improve her performance. Thus we can conclude that th given case is an example of feedback.

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Which of the following statements are true?
Studentka2010 [4]

Answer:

C

Explanation:

A market is a place where goods and services can be exchanged at a predetermined price. A market does not have to be a physical location. With the advent of technology, a market can exist virtually. Money can be used in the exchange of goods or services or goods can be used for the exchange. In the case where goods are used in the exchange, it is known as trade by barter

7 0
2 years ago
What is the future value of an investment after 14 years if you deposited $2,000 for your child's education and the interest was
Ne4ueva [31]

Answer:

Amount after 14 years will be $15975.03

Explanation:

We have given that principal amount P = $2000

Time n = 14 years

Rate of interest r = 16 %

We have to find the future value after 14 years

We know that when amount is compounded then future value is given by

A=P(1+\frac{r}{100})^n

A=2000\times (1+\frac{16}{100})^{14}=$15975.03

So the amount after 14 years will be $15975.03

7 0
3 years ago
Because of the risk of material misstatement due to improper management representations, an audit of financial statements in acc
Ray Of Light [21]

Answer:

Professional skepticism

Explanation:

Because of the risk of material misstatement due to improper management representations, an audit of financial statements in accordance with GAAS should be performed with Professional skepticism

7 0
1 year ago
Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control c
marusya05 [52]

Answer: 500F, 1000U, 4000U, 2100U

Explanation:

Given the following :

STANDARD PRODUCTION :

Direct materials = 6 microns per toy at $1.5 per micron

Direct labor = 1.3 hours at $21 per hour

JULY PRODUCTION :

Number of Maze toys produced = 3000

Direct materials = 25,000 microns at $1.48 per micron

5000 of of the microns were still in inventory at the end of the month

Direct labor = 4000 labor hours at $88000

A.) Material price variance for July

Variance = (Actual price - standard price) × actual quantity

=$(1.48 - 1.50) × 25,000

= - 0.02×25000 = - 500

=500F

Material quantity variance for july:

Actual quantity of material used (25,000 - 5,000) = 20,000

Standard quantity of material for the actual level of production = (3,000 toys x 6 microns per toy) = 18,000

Standard price per unit of material = $0.50

Therefore ;

Material quantity variance= (Actual quantity used - Standard quantity of material for actual level of production)

(20,000 - 18,000) × $0.50 = $1,000U

B.) Actual hours = 4000

Actual rate per hour = $88,000 ÷ 4000 = $22 per hour

Standard hour = 3000 × 1.3 = 3900

Standard rate = $21

Labor rate variance = [Actual rate - standard rate] × actual hour

[$22 - $21] × 4000 = $4000U

Labor efficiency variance :

[actual hour - standard hour] × standard rate

[4000 - 3900] × $21 = 100 ×$21 = 2100U

5 0
3 years ago
Flying Cloud Co. has the following operating data for its manufacturing operations:
rjkz [21]

Answer:

a) increased by 368 units

Explanation:

The calculation of the next break even point should be

Existing  break-even point for Flying Cloud Co. is

= Fixed Cost ÷ Contribution Margin Per Unit

= Fixed Cost ÷ Sales Price Per Unit - Variable Cost per Unit

= $980,000 ÷ ( $350 - $100)

= 3,920 Units

Now

Revised Variable cost = $100 × 110%

= $110

And,  

Revised Fixed cost = $980,000  × 105%

= $1,029,000

So,

Revised  break-even point for Flying Cloud Co. is

= Fixed Cost  ÷ ( Contribution Margin Per Unit

= Fixed Cost  ÷ ( Sales Price Per Unit - Variable Cost per Unit

= $1,029,000  ÷ ( ( $350 -$110)

= 4,287.5

= 4,288 units

So,  

Increase = 4,288 Units - 3920 Units

= 368 Units Increase

6 0
2 years ago
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