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3 years ago

What is one of the SMART guidelines that help develop objectives?

2 answers:

5 0

Answer: The correct answer is : When a project has been defined, then some objectives must be developed to succeed. The objectives must be very intelligent, such as: Specific, Measurable, Agreed upon, Realistic, Time-based. Specific: well defined and clear. Measurable: know if it is attainable. Agreed upon: Agreement with those involved of what the objectives should be. Realistic: They must be within the availability of time and resources. Time-based: Time must be sufficient to achieve the goal, it must not be exceeded.

goldfiish [28.3K]3 years ago

3 0

Specific
Measurable
Agreed upon
Realistic
Time

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T Company expects to incur the following per unit costs for 1,000 units of production: Direct materials of 4 pounds per unit at

Vladimir [108]

Answer:

Total overhead = = $7,500

so here correct option is E. $7,500

Explanation:

given data

production = 1,000 units

direct labor = ¼ hour @ $24 per hour

variable overhead = 75 % of direct labor

fixed overhead = $3,000

to find out

total amount of overhead

solution

we first find Direct labor that is

Direct labor = ¼ × 24

Direct labor = $6

Total overhead will be here

Total overhead = Variable overhead + Fixed overhead .................1

now put here value we get

Total overhead = ($6 × 75% ) × 1,000 + $3,000

Total overhead = = $7,500

so here correct option is E. $7,500

8 0

3 years ago

While eating at Alex’s "Pizza by the Slice" restaurant, Clara experiences diminishing marginal utility. She received 10 utils fr

klemol [59]

Answer:

Alex may have to lower the price to convince Clara to buy a second slice.

Explanation:

Marginal utility is an economic concept that says that a consumer recieves more marginal utility in the first consumption of a good or services than in the second and the subsequents. In fact with each consumption the marginal utility reduces, this effect is known as diminishing marginal utility.

One of the the methods to reduce the effects of the diminishing marginal utility is to reduces prices. As the utility of a product decreases as its consumption increases, consumers are willing to pay smaller amount of money for more of the product.

6 0

3 years ago

Prime Cost and Conversion Cost Grin Company manufactures digital cameras. In January, Grin produced 4,000 cameras with the follo

Kobotan [32]

Answer:

Prime costs= $480,000

Explanation:

Giving the following information:

Grin produced 4,000 cameras with the following costs:

Direct materials $400,000

Direct labor 80,000

Manufacturing overhead 320,000

To calculate the prime costs we need to use the following formula:

Prime costs= direct material + direct labor

Prime costs= 400,000 + 80,000= $480,000

8 0

3 years ago

Regarding the four-step closing process under the periodic inventory system, ________. A. Sales Revenue is closed with a credit

ziro4ka [17]

Answer:

The correct answer is D. the ending merchandise inventory balance must be recorded as a debit via the Income Summary account

Explanation:

In the permanent inventory system, all purchases, sales, discounts and returns on purchases and sales are recorded at cost, in the account Goods not Manufactured by the Company. Thus: Purchases: the acquisition of merchandise is accounted for with a debit in the Merchandise not Manufactured by the Company account and a credit in Banks or Suppliers, as the case may be.

The initial inventory represents the value of the stock of merchandise on the date the accounting period began. This account is opened when the control of the inventories, in the Major General, is carried out based on the speculative method, and does not return to movement until the end of the accounting period when it will be closed with charge at cost of sales or by Profit and Loss directly. And it is the detailed and detailed relationship of the stock of merchandise that a company has when starting its activities, after making a physical count.

The final inventory is made at the end of the accounting period and corresponds to the physical inventory of the merchandise of the company and its corresponding valuation. By relating this inventory to the initial one, with the net purchases and sales of the period, you will obtain the Gross Profits or Losses in Sales of that period. is the list of stocks at the end of an accounting period.

6 0

3 years ago

Initially, Eleanor earns a salary of $200 per year and Darnell earns a salary of $100 per year. Eleanor lends Darnell $50 for on

likoan [24]

Answer:

Scenario 1: Suppose all prices and salaries rise by 5% (as expected) over the course of the year. In the following table, find Eleanor's and Darnell's new salaries after the 5% increase, and then calculate the $58 payment as a percentage of their new salaries.

Eleanor's new salary = $200 x 1.05 = $210

Darnell's new salary = $100 x 1.05 = $105

the $58 payment represents:

$58 / $210 = 27.62% of Eleanor's new salary

$58 / $105 = 55.24% of Darnell's new salary

Scenario 2: Consider an unanticipated increase in the rate of inflation. The rise in prices and salaries turns out to be 14% over the course of the year rather than 5%. In the following table, find Eleanor's and Darnell's new salaries after the 14% increase, and then calculate the $58 payment as a percentage of their new salaries.

Eleanor's new salary = $200 x 1.14 = $228

Darnell's new salary = $100 x 1.14 = $114

the $58 payment represents:

$58 / $228 = 25.44% of Eleanor's new salary

$58 / $114 = 50.88% of Darnell's new salary

An unanticipated increase in the rate of inflation benefits <u>Darnell</u> and harms <u>Eleanor</u>.

5 0

3 years ago