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3 years ago

Which of the following types of variances would a purchasing manager most likely influence?

Business

1 answer:

N76 [4]3 years ago

7 0

Answer:

b) Direct materials price.

Explanation:

The purchasing manager would be associated to the quantity purchased and for the purchase price it is bought.

Therefore, labor variances are not his consideration.

And also in material variances we know, direct material quantity variance is calculated for the quantity <em>used</em> in production and not the quantity purchased, although the later is dealt by purchase manager the former relates to production manager.

Purchase manager is responsible and concentrates on the price at which the direct material is bought.

Thus, the correct option is

b) Direct materials price.

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A company started a new product, and in the first month started 100,000100,000 units. The ending work in process inventory was 2

sukhopar [10]

Answer:

$240,000

Explanation:

Calculation for What is the value of the inventory transferred out, using the weighted-average inventory method

First step is to calculate the Equivalent material cost=

Equivalent material cost= 20,000×100%×$6

Equivalent material cost= 120,000

Second step is to calculate Equivalent conversion cost

Equivalent conversion cost=20,000×75%×8

Equivalent conversion cost=120,000

Now let calculate the value of the inventory transferred out, using the weighted-average inventory method

Inventory value transferred out= 120,000+120,000

Inventory value transferred out=$240,000

Therefore the value of the inventory transferred out, using the weighted-average inventory method is $240,000

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3 years ago

The role of the 12 Federal Reserve banks is to:

Shalnov [3]

Answer: D - Enforce federal rules on member banks

Explanation:

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3 years ago

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Ballooshu, a large dairy cooperative, organizes its labor force into different divisions for the manufacture of butter, cheese,

diamong [38]

Answer:

B) Product departmentalization

Explanation:

Ballooshu is using product departmentalization because it is dividing the company according to product lines.

As a diarly cooperative, management probably believes that the most efficient form of organization is according to the products that it makes.

The cheese department will focus on producing cheese, the ice cream department will focus on making ice cream, the milk department will focus on the production of milk, and so on.

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3 years ago

In your own words, describe how to optimize a function given a set of constraints

Anni [7]

One method on optimizing a function is by finding the absolute extrema. It is done by having the optimal values continuous including the including the endpoints. I hope my answer has come to your help. God bless and have a nice day ahead!<span>
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3 years ago

The ________ statement of a business report provides a clear description of the situation that created the need for the report.

Blababa [14]

Answer:

Problem statement

Explanation:

Problem statement - it is referred to as the statement that given the clear and crystal information about the current situations. it is considered a good source of analyzing the real situations about the ongoing project.

This statement describes the current situations between the current and desired aim of the projects. it expressed the problem in two or three statements.

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3 years ago