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3 years ago

A responsibility chart is used in operations consulting in planning the task responsibilities for a project. True False

Business

1 answer:

KonstantinChe [14]3 years ago

7 0

Answer:

True.

Explanation:

A responsability chart is useful for describing the participation of persons completing labors and deliverables for a project or a business process. Some of the information considered in this type of chart is:

Labor or procedure.
Responsible.
Supervisor.
delivery date.

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The total factory overhead for Rowland Company is budgeted for the year at $652,000 and divided into two departments: Fabricatio

vlabodo [156]

Answer:

$86

Explanation:

The total overhead for Rowland Co. = $652,000 per annum (p/a). broken down across two departments as follows:

Department/Item (Treadmill) || (Weight Machine)

(Direct labor hours in production) Total

Fabrication = $460,000 p/a 3 || 2

Assembly = $192,000 p/a 1 || 5

Nos of Units for production 4000 || 4000

To produce 4000 Weight Machines, would require 8000 fabrication hours and 20,000 assembly hours. while, 4000 treadmills will require 12,000 fabrication hours and 4,000 assembly hours.

Total number of Fabrication hours for the year is 12,000 + 8,000 = 20,000.

Total number of assembly hours for the year is 20,000 + 4,000 = 24,000

Unit cost per hour of fabrication (uF) = $460,000/20,000 = $23

Unit cost per hour of assembly (uA) = $192,000/24,000 = $8

Therefore, the allocated overhead per unit for each weight machine

= (2 * $23) + (5 * $8) = $46 + $40 = $86

3 0

3 years ago

In the equation of exchange, M x V = P x Q, the P represents ___________________.

Bogdan [553]

Answer:

P in the equation represents Price level

Explanation:

The equation above is referred to as the equation of exchange.

M = money supply, V= velocity of money, P= price level and Q= real output (real GDP)

P × Q gives the nominal GDP while M×V is the effective money supply.

The total value of goods and services available in the economy (represented by the nominal GDP) is equals to the total amount of money available to purchase them (the effective money supply.

The velocity of money is the rate at which money been is used or spent for transaction purposes in the economy. It is assumed to be constant.

For example, If there exist only a $1000 note in the economy, this amount just needs to be spent once to purchase a total nominal GDP of $1000. However, if there exist just one $500 note, then it means the $500 will need to be spent 2 times to purchase the total value of goods worth $1000. The 2 is the velocity of money

This equation is also used to explain the concept of the quantity theory of money.

The theory states that if an economy is operating at the full employment level, an increase in money supply will not impact the real GDP rather it will drive up the price level up. This idea forms the basis of the position of some economists that money supply drives inflation

The assumptions of the theory are as follows:

The velocity of money is constant

The the economy is at the full employment output. This implies that the economy is using all of its productive resources efficiently

3 0

3 years ago

You present strong arguments to college students to support your claim that tuition and fees at state colleges are too high. you

liq [111]

The answer to the question is because the effort to visit the legislators are too great.

Unfortunately, even though the audience members support your perspective, often times, people are reluctant to follow through on the actions needed to make the change. This is a common issue found in various parts of society – from your work life to your personal relationships.

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4 years ago

A technology company is growing rapidly and needs to hire experienced developers and marketing professionals. The best people in

Vitek1552 [10]

Answer:

A technology company is growing rapidly and needs to hire experienced developers and marketing professionals. The best people in these fields usually have jobs and need to be enticed to apply elsewhere. To identify individuals who are likely to be a good match, hiring managers should<u> use social media.</u>

EXPLANATION:

Nowadays, social media has taken over and has helped in making several tasks easier. Job search and hiring have been made a lot easier by the use of social media platforms.

The hiring managers of the technology company should use social media platforms, for example, LinkedIn to reach out for all people that fit into the job. Using social media, one can easily screen out for people having experience similar to the job requirements.

6 0

3 years ago

Waylon could see lina's frustration build as adam continually cut her off midsentence in their problem-solving group meeting. at

mr_godi [17]

The answer to the question is a maintenance need.

It can be said that Waylon is ensuring that the peace in the group is maintained despite personality clashes that may occur by doing certain behaviors to accommodate the team members. This is clear from how he made an effort to seek out Lina to ensure that her opinion is heard and mitigating future conflict possibilities by ensuring that she would have her chance to speak if Adam behaves in the same manner on the next meeting.

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4 years ago