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3 years ago

Explain the different levels of specialization.

1 answer:

4 0

There are two types of specialisation:

structural specialisation (topic or map level)

and domain specialisation (element level).

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Bailey Furniture Company has prepared the following flexible budget for April and is in the process of interpreting the variance

Grace [21]

Answer:

See notes below

Explanation:

Rate variance

The rate variance is the the difference between the standard labor cost of the actual hours paid for and the actual cost.

<em>Possible reasons:</em>

An increase in wage rate

Skilled workers were as against using the unskilled workers planned for

Efficiency variance

Labour efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours allowed for same multiplied by the standard labour rate

<em>Possible reasons:</em>

The use of skilled workers who worked faster than the unskilled workers planed for

The workers were trained making them more efficient in saving time

3 0

3 years ago

Josiah, Inc. provides the following information for 2017:Net income$350,000Market price per share of common stock$50 per sha

AURORKA [14]

Answer:

Earnings per share for 2017 = $1.707

Explanation:

Earnings per share relates to the specific period, that how much on each individual share the earnings has been during the period.

Therefore, if there is change in number of equity shares average is taken, for that.

Equity on 1 Jan 2017 = 160,000 shares

Equity on 31 December 2017 = 250,000 shares

Average = $\frac{160,000 + 250,000}{2} = 205,000$

Earnings per share for 2017 = $\frac{Net\ Income}{Average\ number\ of\ shares}$

= $\frac{350,000}{205,000} = 1.707$

Earnings per share = $1.71 (Rounded off)

7 0

4 years ago

Eisler Corporation issued 2,000 $1,000 bonds at 101. Each bond was issued with one detachable stock warrant. After issuance, the

Zolol [24]

Answer:

In the books of Eisler Corporation :

Cash ( 2,000 x 1,000 x 101 %) A/c Dr. 2,020,000

Discount on Bonds Payable A/c Dr. $59,216

To Bonds Payable 2,000,000

To Paid-in Capital : Stock Warrants 79,216

Workings:

Bond issue proceeds proportionately allocated to bonds:

$=2,020,000\times\frac{980}{980+40}$

= 1,940,784.31

Discount on bonds payable = $ 2,000,000 - $1,940,784

= $59,216

4 0

3 years ago

Which government agency has the authority to ban or seize potentially harmful products and set severe penalties for violation of

Natali5045456 [20]

Answer: (a) FOOD AND DRUG ADMINISTRATION (FDA)

Food and Drug Administration (FDA) is a federal agency of the USA that protects and promotes public health. It also looks over food safety, drug safety, etc. various laws are included in FDA such as Public Health Service Act, Federal Anti-Tampering Act, etc.

4 0

3 years ago

Marriott has branded its entire family of accommodations based on different value propositions, supported by clearly delineated

Nonamiya [84]

Answer:

Price lining

Explanation:

Price lining is defines as the pricing strategy where related products are sold at different prices to customers.

Usually the price difference depends on the level of quality of the products.

For example a beverage company with different drinks having various flavours will have a different price for each one.

In the given scenario price lining is occurring at a larger scale when Marriott branded its entire family of accommodations based on different value propositions.

These include Ritz-Carlton and JW Marriott for the most discriminating patron, Marriott and Renaissance at the next level of full service, and an array of differentially positioned brands such Courtyard and Residence Inn.

4 0

3 years ago

Explain the different levels of specialization.​

Explain the different levels of specialization.