The AFL was an organization

scZoUnD [109]

Answer:

F. C and D only

Explanation:

Financial Literacy

This is when an individual or person possesses the skills, techniques and knowledge that allows him/her (the individual or person) to make informed and efficient decisions with all of their financial resources. It is the ability to understand how money works. This includes, how individuals make money, manage it and invest it properly. Financial skills possessed by a financial literate includes budgeting, personal financial management, investment, expenditure and so on.

Understanding assumptions and estimates of plant managers and creating a firm financial statement are NOT part of the indicators for financial literacy.

8 0

3 years ago

CodeHead Software Inc. does software development. One important activity in software development is writing software code. The m

Irina18 [472]

Answer:

Explanation:

Standard hours per week = 40 hours

Standard rate per hour = $32

Actual rate per hour = $40

Labour rate variance = 40 - 32 = $8 (unfavourable)

Actual cost per week = 40 × 40 = $1600

Standard cost per week = 40 × 32 = $1280

Labour cost variance = actual cost per week - standard cost per week

= 1600 - 1280

= $320 (unfavourable)

Actual codes written in first week = 5650

Standard codes per week = 5 × 25 × 40 = 5000

Actual cost per code = 1600/5660 = $0.2832

Standard cost per code = 1280/5000 = 0.256

Labour efficiency variance = 0.2832 - 0.256 = $0.0272 (unfavourable)

If the team generated 4,650 lines of code according to the original plan:

Code generated = 4650

Number of programmers = 5

Average codes per hour per programmer = 25

Total codes per hour = 25 × 5 = 125

Standard codes per week = 40 × 125 = 5000

Actual time to write 4650 codes = 4650/125 = 37.2 hours

Standard time = 40 hours

Idle time = 40 - 37.2 = 2.8 hours

Labour time variance = 2.8 hours

Cost of idle time = 2.8 × 32 = $89.6 (unfavourable)

4 0

3 years ago

Tri Fecta, a partnership, had revenues of $362,000 in its first year of operations. The partnership has not collected on $46,400

OverLord2011 [107]

Answer: $185,500

Explanation:

Total cash received = Sales revenue - Accounts receivable + owner's investment + amount borrowed

= $362,000 - $46,400 + $42,000 + $30,000

= $387,600

Total cash disbursement = Merchandise purchased - Accounts payable + Salaries + Interest + Insurance

= $200,000 - $38,600 + $28,100 + $2,700 + $9,900

= $202,100

Ending cash balance = Total cash received - Total cash disbursement

= $387,600 - $202,100

= $185,500

8 0

3 years ago

Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly dem

polet [3.4K]

Answer:

A. Economic order quantity= 319

B. Annual holding costs= 3,669

C. Annual ordering costs= 3,669

D. 154

Explanation:

a) Calculation for the economic order quantity

Using this formula

Economic order quantity=√2*Demand*Cost order/Annual holding cost

Let plug in the formula

Economic order quantity=√2*15,400*76/23

Economic order quantity=√2,340,800/23

Economic order quantity=√101,774

Economic order quantity= 319

b) Calculation for annual holding costs

Using this formula

Annual holding costs=Economic order quantity/2*Annual holding cost

Let plug in the formula

Annual holding costs=319/2*23

Annual holding costs= 3,669

c) Calculation for the annual ordering costs

Using this formula

Annual ordering costs=Demand/Economic order quantity*Cost order

Let plug in the formula

Annual ordering costs=15,400/319*76

Annual ordering costs= 3,669

d) Calculation for reorder point

Using this formula

Reorder point=Demand/Numbers of days the company operate per year*Lead time

Let plug in the formula

Reorder point=15,400/300 days per year*3

Reorder point= 154

6 0

3 years ago

When warner music group and sub pop records created the alternative distribution alliance in 1993 as a joint venture to distribu

agasfer [191]

The correct option is D.
Logistic alliance is said to occur in a situation where the parties in an alliance venture is made up of a provider of logistic services and a producer of a particular product and the two of them now come together to form a new system which improves the distribution of the products concerned to the customers.

8 0

4 years ago