Considering the situation described above, the process Shari has completed is known as "<u>Choice of Alternative Plans."</u>
The choice of alternative plans is the sixth step in the planning process. It is the stage in which the decision-maker chooses the right choice out of the available options.
The option taken at this point is carried out based on an evaluation of the situation.
Thus given that Shari has just completed exercising the option, this is the <u>choice of alternatives </u>she has completed.
The stages in the process of planning include the following:
- Perception of opportunities
- Establishing objectives
- Planning premises
- Identification of alternatives
- Evaluation of alternatives
- Choice of alternative plans
- Formulating of supporting
- Establishing a sequence of activities.
Hence, in this case, it is concluded that the correct answer is "<u>Choice of alternative plans."</u>
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Answer: $7,875 per year for each of the first two years.
Explanation: The method to calculate the amount of depreciation using the straight line method is to subtract the salvage price from the purchase price and then divide it by the numbers of years in its useful life.
($35,400 - 3,900)/4 = $31.500 / 4 = $7,875 per year
$7,875 is the amount of depreciation for each year of the four years of the truck’s useful life.
Answer:
The right answer is "$14,496".
Explanation:
The given values are:
Direct material cost,
= $7700
Labor hours,
= 178
Wage rate,
= $22 per hour
Machine hours,
= 90
Predetermined overhead rate per machine,
= $32
Now,
The direct labors cost will be:
= 
= 
= 
($)
Mfg. overhead costs will be:
= 
= 
= 
($)
So,
The total manufacturing cost will be:
= 
= 
($)
The reasons for PSO to switch from DB to DC Scheme are:
- It has gold standard for pensions.
- They are more secure.
- More generous than DC pensions and pay an income that increases along with inflation.
<h3>What are the reasons for a shift?</h3>
The movement from defined benefit (DB) to defined contribution (DC) pension plans is known to be one that has made workers to decide or make choices that may affect their financial resources in terms of retirement.
Therefore, DC Scheme is more of a benefit to the employees that the company as it tends to lower an employee's taxable income.
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