Inflation occurs when the money supply in a country increases faster than output increases. True or False

The following data relate to direct materials costs for February: Materials cost per yard: standard, $2.00; actual, $2.10 Standa

Arlecino [84]

Answer:

Price variance will be $4512.5 ( Unfavorable )

Explanation:

We have given standard material cost per yard = $2

Actual material cost per yard = $2.10

Standard yards per unit = 4.5

And actual yards per unit = 4.75

Units of production = 9500

Total number of actual quantity used = 9500×4.75 = 45125

So direct material price variance = ( standard price - actual price ) × actual quantity used = ( $2 - $2.1 ) × 45125 = -$4512.5

So price variance will be $4512.5 ( Unfavorable )

6 0

3 years ago

The signing of the project portfolio statement signals the transition from the high-level project initiating stage into the more

dimulka [17.4K]

The signing of the project portfolio statement signals the transition from the high-level project initiating stage into the more detailed project planning stage. It is a TRUE STATEMENT

When the project portfolio statement is signed, the high-level project initiation stage ends and the more in-depth project planning stage begins. The organization's existing state should be positively, powerfully, and vividly described in the vision.

<h3>What is a background statement in project management?</h3>

The project charter must include a background statement, which serves as the foundation for the scope overview and business case. (T/F) The important schedule milestones, significant points, and events in the project are identified in the project master network, which is a summary-level timetable.

<h3>What should the prioritization of projects in a portfolio consider?</h3>

Whether the requirements for carrying out each project are properly known should be taken into account when ranking the projects in a portfolio. The project business case outlines the goals and methods for the project. A formal legal contract between the project team and the project sponsor is established via the project charter.

<h3>How to develop a background document for your project initiative?</h3>

Consider the following details when creating a background document for your project initiative: primary target (what is to be addressed by the project) a list of requirements and the main justifications for launch. a typical explanation of how to carry out the job

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6 0

2 years ago

Required information [The following information applies to the questions displayed below Kirkland Theater sells season tickets f

katrin [286]

The journal entry is as follows

Unearned ticket revenue Dr $33,700

To Ticket revenue $33,700

(Being the unearned ticked revenue is recorded)

The computation is shown below:

= Number of seasons sold × Price of six events ÷ number of events held

= 3,370 × $60 ÷ 6

= 3,370 × $10

= $33,700

So we debited the unearned ticket revenue and credited the ticket revenue

4 0

3 years ago

As a manager, you are being charged with reducing cost in a satellite laboratory; the physical environment of the workplace is a

hichkok12 [17]

As a manager, you are being charged with reducing cost in a satellite laboratory; the physical environment of the workplace is a component of in Planning this case.

<h3>What is the planning in management?</h3>

Planning in management is about what steps you need to take to reach the goal, what changes and hurdles to anticipate, and how to utilise human resources and opportunities to reach the expected outcome.

<h3>Why is planning is important?</h3>

Planning helps us see in advance those things that can help us achieve our goal and those things that can prevent us from achieving our goal and work out what to do about them. Planning helps us to be accountable for what we do.

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5 0

2 years ago

Multiple intelligences are defined as

oksano4ka [1.4K]

Answer:

Multiple intelligences refers to a theory describing the different ways students learn and acquire information. These multiple intelligences range from the use of words, numbers, pictures and music, to the importance of social interactions, introspection, physical movement and being in tune with nature.

Explanation:

4 0

3 years ago