Answer:
a. Performance dashboards
Explanation:
Based on the scenario being described within the question it can be said that these scorecard applications are often referred to as Performance Dashboards. These are a type of management tool that companies use in order to measure the company's performance and monitor/manage different processes in order to achieve business goals. These systems are many times offered by other companies and linked to a firm's enterprise software system for customized results.
Answer:
Direct material quantity variance= $840 unfavorable
Explanation:
Giving the following information:
Dorsey Corporation Company budgeted 600 pounds of direct materials costing $28.00 per pound to make 7,000 units of product.
The company used 630 pounds of direct materials to make the 7,000 units.
To calculate the direct material quantity variance, we need to use the following formula:
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (600 - 630)*28
Direct material quantity variance= $840 unfavorable
Answer:
The right solution will be "80; 50".
Explanation:
The mechanism of designing a new product as well as the manufacturing process through commercial activity-making it commercially viable-is commercialization.
- This concept seems to be more complicated than developing inventions, as demonstrated repeatedly whereby 80% of R&D happens in large corporations, and fewer than 50% of innovations are created by many of the same businesses.
- The concept also signifies incorporation into another retail sector in general, but it almost always involves a change from either the research facility to trade.
LeBron James is one of the best basketball players in the country, was selected by the Cleveland Cavaliers as the first pick in the 2003 NBA draft, signing a three-year contract worth almost $13 million, with an option for a fourth year at $5.8 million. Had he decided to attend college instead, James would have incurred an opportunity cost of at least $19 million in forgone income to earn a four-year college degree.
Opportunity cost is the value you would gain or lose if you choose a different path or solution. The opportunity cost in this scenario is deciding to play in the NBA since college was too expensive. LeBron James ultimately saved time and money by taking the detour because he received a contract worth close to $13 million; otherwise, he would have had to pay more and spend more time attending a four-year college.
LeBron's decision to join the NBA right after high school graduation has an opportunity cost because he might have attended a four-year university or college instead. He was chosen by the Cleveland Cavaliers as the first overall choice in the 2003 NBA Draft
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Answer: $56,000
Explanation:
When a life insurance policy is transferred the taxable amount at death is the value of proceeds that the policy gives less the Cash surrender value and the premiums that have already been paid by the formula;
Taxable Proceeds = Total Proceeds received - (Cash Surrender Value + Premiums paid)
Taxable Proceeds = 100,000 - (30,000 + 14,000)
Taxable Proceeds = $56,000
