The managers, who have been promoted from the flight line, have such a difficult time performing in their new management role because "early in their careers, new aviation managers concentrated on honing their piloting abilities."
<h3>Who is aviation manager?</h3>
The division in charge of planning operations at such an airport, airline, or other aviation-related businesses is known as aviation management. Customers service, aviation maintenance, flight logistics, and airline marketing are just a few of the specialties of industry experts.
Some roles of aviation manager are-
- ensuring that the business operates safely and effectively ensuring that the flight schedules are followed
- monitoring inspection schedules and operations, keeping records of aircraft maintenance
- monitoring and verifying compliance with legal and statutory requirements
- hiring and firing personnel helping the repair and maintenance team with flight preparation going through and evaluating aircraft accident reports
- keeping abreast with the newest aviation regulations, rules, standards, and laws
- coordinating closely with emergency crews to keep an eye on the weather and foresee any problems with aviation operations
- identifying issues with airline or airport services
- identifying areas for improvement and creating a plan of action to improve efficiency
To know more about aviation administration, here
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Answer:
Underapplied for 3,660
Explanation:
MO 32,550
DLH 2,100
<em><u>rate:</u></em> <em>MO/DLH</em> = 32,550/2,100 = <u>15.5 MO per DLH</u>
<u>Applied MO:</u>
- <u>job 101 : </u> 1,230 hours x 15.5 = 19,065
- <u>job 102: </u> 1,050 hours x 15.5 = 16,275
Total MO 19,065 + 16,275 = 35,340
Actual Overhead 39,000
Underapplied for 3,660
Answer:
small business
Explanation:
Based on the company specifications that is provided about Raul's company the most appropriate representation of his firm would be a small business. This is the case because a small business is categorized as any business with one owner controlling and running a business with less than 100 employees. Seeing as Raul only has 21 brokers employed and is planning to expand his model nationally but has NOT yet done so, then he is the owner of a small business.
Answer:
The lender charged $2,550 for the points.
Explanation:
Discount points is a type of prepaid fees that mortgage borrowers can purchase from the lenders that lowers the quantity of interest that the borrower will have to pay in the future. In general, the discount points costs 1% of the amount borrowed. A discount point usually lowers the loan interest amount to be paid by an one-eight to one-quarter of a percent.
To determine the charge for the points in our case above, we can express the discount charge points as shown;
D=R×L
where;
D=discount point charge
R=standard discount point rate
L=loan amount
In our case;
D=unknown
R=1%
L=$85,000
replacing;
D=(1/100)×85,000=$850
The lender charged $850 for one points.
Determine the total charge for all the points purchased using the expression below;
T=D×N
where;
T=total charge for all the points
D=charge per point
N=number of points purchased
In our case;
T=unknown
D=$850
N=3 points
replacing;
T=850×3=$2,550
The lender charged $2,550 for the points.
Answer:
0.6
Explanation:
Variable Expense Ratio is calculated by taking Variable Expense and dividing it by Sales. This ratio indicates how much of the variable expense is incurred by company for each $1 Sales.
So, variable expense ratio is .6 or 60% (33,000 / 55,000).
Such questions also require the calculation of Contribution Margin Ratio which is calculated by taking Contribution Margin and Dividing it by Sales. This ratio tells us how much the company generates after covering variables expenses when the sales are $1.
So, Contribution Margin Ratio is .4 or 40% (22,000 / 55,000).