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3 years ago

An organizationally-driven reason for outsourcing is that it can improve effectiveness by focusing on what the firm does best.

Business

1 answer:

VARVARA [1.3K]3 years ago

6 0

Answer:

True

Explanation:

Outsourcing is when a company gives some of its internal activities to an external party that takes the responsibility to get things done and one of the reasons for a company to do this is to get rid of activities that have to get done but that are not part of their core operations to be able to concentrate on their main activity and get those things done by experts which can help increase productivity. According to that, the answer is that the statement is true.

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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

2 years ago

While stockholders elect the board of directors of a corporation, the board of hires the president, vice president and other off

klemol [59]

The answer is directors.

<h3>What entity elects the board of directors for a corporation?</h3>

The corporation's stockholders elect its board of directors, but they play no other direct role in how the company is run. The board makes the important company decisions of directors.
The president of a corporation is chosen directly by its stockholders.
In addition to their duty as members of the board of directors, the officers are charged with particular duties. President As the company's chief executive officer, the president, is responsible for the following duties: Preside over board meetings. Served as the executive committee's chairman.
The promotion of the organization's work and the recruitment of resources to support its programs and services are some of the duties of board members.

While stockholders elect the board of directors of a corporation, the board of hires the president, vice president and other officers, who manage the corporation.

The answer is directors.

To learn more about The board of directors of a corporation, refer to:

brainly.com/question/21121907

#SPJ4

5 0

11 months ago

Al files for bankruptcy. Al has been making loan payments to his company's credit union through payroll deductions. After being

kramer

Answer:

A. Is in violation of the bankruptcy code.

7 0

3 years ago

Smiley Industrial Goods has $1,000 face value bonds on the market with semiannual interest payments, 13.5 years to maturity, and

Snezhnost [94]

Answer:

Annual Coupon rate = 66.56990711 / 1000 = 0.06656990711 or 6.656990711% rounded off to 6.66%

Option B is the correct answer

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = C

Total periods (n) = 13.5 * 2 = 27

r or YTM = 0.064 * 6/12 = 0.032 or 3.2%

The formula to calculate the price of the bonds today is attached.

We will first calculate the value of semi coupon payment made by the bond.

1023 = C * [( 1 - (1+0.032)^-27) / 0.032] + 1000 / (1+0.032)^27

1023 = C * 17.8994796 + 427.2166529

1023 - 427.2166529 = C * 17.8994796

595.7833471 / 17.8994796 = C

C = 33.28495355 rounded off to 33.28

The annual coupon payment will be = 33.28495355 * 2 = 66.56990711 rounded off to 66.57

Annual Coupon rate = 66.56990711 / 1000 = 0.06656990711 or 6.656990711% rounded off to 6.66%

4 0

2 years ago

Nona Curry started her own consulting firm, Larkspur, Inc., on May 1, 2022. The following transactions occurred during the month

hodyreva [135]

Answer:

hiyxkktkjdfjzjddhdjddddjjddjtjfxjjffjx ff fjfjffjfjffjjfjffjffjfjffffjkffkfcjftkxfkktfkfkdktkotfkfkfkkffkkfkfkfkffkgktktkfk

Explanation:

bahhsvwvsgsvsvhavavvsgsvegsvvshsyegevecrxcehdjsvdvsvsvdvv

8 0

3 years ago