Answer:
The correct answer is $473 (Unfavorable).
Explanation:
According to the scenario, the given data are as follows:
Actual overhead = $11,183
Budgeted Overhead = $10,710
So, we can calculate the controllable variance by using following formula:
Controllable variance = Actual overhead - Budgeted overhead
By putting the value, we get
Controllable variance = $11,183 - $10,710
= $473 ( Positive shows unfavorable)
= $473 (unfavorable)
I will create a combination of functional and project-based organizational structures. I have selected the combination due to the following rationale.
- There are different types and categories of iPhone applications. So, the development of each application is a project. Accordingly, competent professionals will be used and they will move from one project to another project.
- Selling of applications as well as taking care of HR operational aspects of the business will require people with expertise in these functional areas also. So, getting good sales as well as HR retention is the top priority for the business.
- A combination of these two structures will create a mix of back end and front end without any departmental inclination. So, the company will succeed.
Opting for other structures will either focus on applications or sales. But, it will be ineffective as sales will not happen without applications and applications alone cannot generate good sales without proper marketing.
Besides, there can be role confusion and conflict of interest with other organizational structure such as line only or staff only structures. Even, the selection of project-only or functional-only organizational structures will create problems and employee turnover will also increase.
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Answer:
=$ 4400
Explanation:
Under the Macrs depreciation schedule, motor vehicles as assets have a useful life of 5 years. In the first year, the deprecation rate id 20%, followed by 32% in the second year.
For cork oak corporation: the value of the motor vehicle is 22,000
Date of purchase 2018, years in depreciation: 1
Depreciation: = 20/100 x 22 000
=$ 4400
If jorge produces 20 pounds of green beans, he can produce <u>240 </u>pounds of corn.
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Production Possibilities Schedule</h3>
Based on the Production Possibilities Schedule table given pound of green beans is 20 while pounds of corn is 240.
Based on this if he produces 20 pounds of green beans he can as well produce 240 pounds of corn.
Jorge's Production Possibilities Schedule
Pounds of Green Beans Pounds of Corn
20 240
Therefore If jorge produces 20 pounds of green beans, he can produce <u>240 </u>pounds of corn.
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If all firms only earn a normal profit in the long run, firms will develop new products or lower-cost production methods because they can innovate and possibly earn an economic profit in the short run.
Explanation:
Competition involves constant efforts by companies and executives to do more than the loss (normal gains) of new goods or by improving ways to manufacture current products at lower prices. Therefore, if businesses can invent, they will achieve short-term economic advantage.
Economic benefit encourages entry, economic losses lead to exit and firms in a highly profitable market earn little economic income in a long-term equilibrium. In an industry where inflation does not change the costs of materials (a market with a constant cost), the long-term supply curve is a horizontal line.
