Answer:
Direct labor efficiency variance= 0
Explanation:
Giving the following information:
Direct labor 0.2 hours $ 35 per hour. During June, Heavy Products produced and sold 16,000 containers using 3,200 direct manufacturing labor-hours at an average wage of $ 51.00 per hour.
Direct labor efficiency variance= (Standard Quantity - Aactual Q)*standard rate
Direct labor efficiency variance= (0.2*16,000 - 3,200)*35= 0
Answer:
Goodwill is:
The excess of the fair value of a business over the fair value of all net identifiable assets.
Explanation:
This definition of Goodwill implies that it is usually acquired by the purchaser of another business, when it pays a price higher than the fair market value of the other company's net assets. It is not a physical asset like property, plant, and equipment, but intangible.
Goodwill arises from a company's good reputation, loyal customers or clientele base, brand identity, talented workforce, and proprietary technology.
Goodwill does not have a definite life and under US GAAP and IFRS standards. Therefore, it is not amortized like other intangible assets but is evaluated for impairment every year.
Answer:
C. Nonstatistical sampling may help avoid second guessing by regulators or jurors should those parties question the quality of the sampling method used.
Answer:
The correct answer is stage of development.
Explanation:
Leadership is a process, not a punctual act. A person does not go from having little impact on others to having a great influence from one day to another, it takes an evolution and especially the necessary step through the 4 stages of leadership.
When we analyze the different types of leaders that have an impact, we realize what kind of steps they have taken to get there, what different phases they have had to go through and what their evolution has been. This model helps us to contextualize the place in which a person is and what the next steps would be to improve their leadership capacity.
Stage I. Depend on other people
Stage II: Individual and independent contribution
Stage III Contribution through others
Stage IV: Leadership through a vision
Answer:
E. Yes: The MIRR is 9.13 percent.
Explanation:
<em>The First Step is to Calculate the Terminal Value at end of year 4. </em>
Terminal Value (FV) = Sum of (PV x (1 + r) ^ 5 - n)
= $107,500 x (1.134) ^ 3 + $196,100 x (1.134) ^ 2 + $104,500 x (1.134) ^ 1 + -$92,700 x (1.134) ^ 0
= $156,764.47 + $252,175,97 + $118,503 - $92,700
= $434,743.44
<em>The Next Step is to Calculate the MIRR using a Financial Calculator :
</em>
- $287,500 CFj
0 CFj
0 CFj
0 CFj
$434,743.44 CFj
Shift IRR/Yr 9.13%
Therefore, the MIRR is 9.13%
.