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3 years ago

Creditor beneficiaries can enforce their rights under a contract whenever the contract is valid.

1 answer:

4 0

It is not false that a creditor beneficiaries can enforce their rights under a contract whenever the contract is valid, it because the beneficiaries can enforce their own rights under the contract. So the correct answer is a, true.

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The long-range strategic planning committee for the Lizard Clothing Company is composed of managers from engineering, R&D, p

liubo4ka [24]

I would say that what best describes the team of managers from the different departments (Engineering, R&D, Prod, and Marketing) is a Cross-functional team because the group consists of different people in different fields of expertise which work together toward a common goal for the Lizard Clothing Company.

7 0

3 years ago

Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The

Tom [10]

a. Standard labor-hours is 7920 hours.

b. Standard labor cost allowed is $42,768.

c. The labor spending variance is $1588(U).

d. The labor rate variance is $1706 and the labor efficiency variance $3294(U).

e. The variable overhead rate is $5971(U) and efficiency variances for the month $5580(U).

<u>Explanation:</u>

a)Standars hours(SH) allowed to make 19800 jogging mates

=SH per unit $\times$ 19800

=(24/60)*19800

=7920 hours

24/60 has been taken to convert minutes into hours.

b)Standard Labor Cost (SC) of 19800 jogging mates

$=19800 \times SC per unit=19800 \times $2.16\\=$42,768$

=$42,768

c)Labour Spending Variance

$=Standard Cost - Actual Cost(AC)=$42,768 - $44,356=$1588(U)$

=$1588(U)

d)Labor Rate Variance

$=(SR per hour-AR per hour)\timesAH=(5.4-5.2)*8530=$1706(F)$

=$1706

Actual Hours(AH) * Actual Rate per hour(AR)= Actual Cost(AC)

$8530 \times AR = $44,356$

$AR = \frac{44356}{8530}\\ \\AR = 5.2$

Labor Efficiency Variance

$=(SH-AH) \times SR\\=(7920-8530)*$5.4=$3294(U)$

=$3294(U)

e) Variable overhead rate variance = Actual hours worked (Standard overhead rate - Actual overhead rate)

= 8530 (4.5 - 5.20)

= $5971(U)

Actual overhead rate = $44,356 / 8530 = 5.20

Variable overhead efficiency variance = Standard overhead rate (Standard hours - Actual hours)

= 4.50 (7290 - 8530)

= $5580(U).

8 0

3 years ago

U.S. exports create a:____.

alisha [4.7K]

Answer:

B) Supply of foreign currencies and a supply of dollars in the foreign exchange markets

Explanation: just search it up they don't demand for foreign currencies they supply of foreign currencies

5 0

3 years ago

Realized income is also known as

sertanlavr [38]

Taxable Income.
I hope this helps! :)

4 0

3 years ago

Read 2 more answers

According to the Consider This box about hypothetical countries Slogo, Sumgo, and Speedo, small differences in __________ make f

Oxana [17]

Answer:

Explanation:

According to the Consider This box about hypothetical countries Slogo, Sumgo, and Speedo, small differences in economic growth rates make for large differences in real GDP per capita over several decades, assuming the same growth of population for each country.

For small countries ( less population and same growth of population over the years) even small growth rates makes a large change in real GDP per capita over the years.

3 0

3 years ago