Answer:
total budgeted costs = $189,400
budgeted production = 1,000 units
standard rate = $189,400 / 1,000 = $189.40 per unit
total actual costs = $197,200
actual production = 1,120 units
actual rate = $197,200 / 1,120 = $176.07 per unit
- total fixed overhead variance = actual overhead costs - budgeted overhead costs = $197,200 - $189,400 = $7,800 unfavorable. The actual overhead expense was higher than the budgeted.
- controllable variance = (actual rate - standard rate) x actual units = ($176.07 - $189.40) x 1,120 units = -$14,929.60 favorable. The actual overhead rate was lower than the standard rate, that is why the variance is positive.
- volume variance = (standard activity - actual activity) x standard rate = (1,000 - 1,120) x $189.40 = -1,120 x $189.40 = -$212,128 favorable. More units where produced than budgeted, that is why the variance is positive.
TRUE. Transformational leaders tend to have personalities that are more extraverted, agreeable, and proactive than nontransformational leaders.
He is describing his company’s competitive advantage. This
is the capability of an organization to produce goods or services more successfully
than its competitors, by this means outperforming them. It also allow a company
or country to produce a product or service at a lower price. These conditions let
the productive entity to produce more sales or larger margins than its competition.
Answer:
behaviorally anchored rating scale
Explanation:
This is a method of appraisal. It is used to rank performance. Its aim is the combination of the benefits of quantitative and qualitative data to the appraisal process, using critical incidents, and quantified ratings. The ratings are quantifiable by scales of good, moderate, and poor performance