1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
julia-pushkina [17]
3 years ago
5

Advantages and disadvantages of implementing plan where functional managers will be held responsible for cost overruns against t

heir original estimates
Business
1 answer:
Morgarella [4.7K]3 years ago
5 0

Answer:

Kindly check explanation

Explanation:

Implementing plans where functional managers will be held responsible for cost overruns against their original estimate possess both advantages and disadvantages :

The advantages include:

1) Efficient use of Resources : A functional manager could be explained as the head or a person who has managerial authority over a department within a business organization. As such the functional manager will be able to monitor more effectively and take control of his unit. Holding them responsible for cost overruns will ensure that they are more cautious when it comes to resource and cost management as they will not want to be sanctioned.

11) ACCOUNTABILITY: It increases the sense of responsibility of the functional managers as they are being held fully responsible for the decisions made within their unit. This places a higher burden of showing sincerity on the managers.

The disadvantage associated with the plan is the possibility of producing low quality products resulting from the economical and cautious approach embarked upon in other to prevent cost overrun, materials used may be lesser quality than expected.

You might be interested in
suppose company has a 32% income tax rate, a contribution margin ratio of 45% and fixe costs of 664,000. what sales volume is ne
Sloan [31]

Answer:

$1,777,777.78

Explanation:

The computation of the sales volume needs to be achieved is shown below:

Sales volume is

= Fixed cost + after tax income ÷ (contribution margin ratio)

= ($664,000 + $136,000) ÷ (0.45)

= $1,777,777.78

We ignored the income tax rate as there is no need in the computation part

By using the above formula, it can be determined in an easily manner

5 0
3 years ago
What is included in phase ii of casualty assistance?
IrinaK [193]

Phase II of casualty assistance includes the return and disposition of the soldiers remains.

After the coordination between CAO with the person authorized to direct disposition (PADD) decision is made regarding the place and manner of the funeral and burial of the soldier. Sometimes these decisions can be complicated by many factors. 

This is very sensitive and emotional time for the family of soldier during this phase. When the soldier is interred, phase II is complete. 

5 0
3 years ago
Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 20,000 shares of cumulative preferred 4% sto
BaLLatris [955]

Answer:

<u>Dividend per Share:</u>

1st Year

Preferred dividend per share = $3.75

Common dividend per share = $0

2nd Year

Preferred dividend per share = $7.45

Common dividend per share = $0.149

3rd Year

Preferred dividend per share = $5.6

Common dividend per share = $1.169

4th Year

Preferred dividend per share = $5.6

Common dividend per share = $1.39

Explanation:

The cumulative preferred stock is the stock which accumulates or accrues dividends in case the dividends are not paid or partially paid in a particular year. These accumulated dividends or dividends in arrears are paid whenever the company declares dividends next time.

Preferred dividend per year = 20000 * 140 * 0.04  = $112000

<u>1st year</u>

Preferred dividend = 75000

Preferred dividend per share = 75000 / 20000  = $3.75 per share

Accumulated preferred dividends = 112000 - 75000 = $37000

Common dividend = 0

Common dividend per share = 0

<u>2nd year</u>

Preferred dividend = 37000 + 112000

Preferred dividend per share = 149000 / 20000  = $7.45 per share

Common dividend = 10000

Common dividend per share = 10000 / 67000 = $0.149 per share

<u>3rd year</u>

Preferred dividend = 112000

Preferred dividend per share = 112000 / 20000  = $5.6 per share

Common dividend = 78300

Common dividend per share = 78300 / 67000 = $1.169 per share

<u>4th year</u>

Preferred dividend = 112000

Preferred dividend per share = 112000 / 20000  = $5.6 per share

Common dividend = 93130

Common dividend per share = 93130 / 67000 = $1.39 per share

3 0
3 years ago
Zellars, Inc. is considering two mutually exclusive projects. A and B. Project A costs $75,000 and is expected to generate $48,0
katrin [286]

Answer:

A. $18, 097 

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

The npv can be calculated using a financial calculator

Cash flow in year 0 = $-80,000

Cash flow in year 1 = $34,000

Cash flow in year 2 = $37,000

Cash flow in year 3 = $26,000

Cash flow in year 4 = $25,000

I = 10%

NPV = $18,097.12

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

8 0
3 years ago
Connor heard that as a general rule, he should spend no more than one week's pay on rent. If Connor's salary is $29,000 per year
Alja [10]
The answer is D:$558.
3 0
3 years ago
Read 2 more answers
Other questions:
  • Barbara has $150 to open a checking account. Her employer will send her paycheck via direct deposit, but otherwise she wants to
    9·1 answer
  • Select all that apply.
    7·2 answers
  • Patagonia was one of the first companies to offer employees a child care program. plans such as child care, sick-leave pay, vaca
    15·1 answer
  • Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p
    9·1 answer
  • Quince products is a small company in southern california that makes jams and preserves. recently, a sales rep from one of the c
    7·1 answer
  • In facility location decision making matching the educational and skill levels of the labor pool to a company's needs is even mo
    15·1 answer
  • Confu Inc. expects to have the following data during the coming year. The company is small, so it is not subject to the interest
    5·1 answer
  • Drag each description to the correct location on the graph. This graph is the production possibility curve for a country's combi
    13·1 answer
  • A product enhancement is equivalent to
    10·1 answer
  • If fixed costs are $10,000 and variable costs are constant at $1.00 per unit over the relevant range of output, what will the av
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!