Answer:
The correct answer is $15.69.
Explanation:
According to the scenario, computation of the given data as follow:-
We can calculate the cupcake sold by the dozen by using following formula:-
Cost for a dozen cupcake = Direct material + Direct labor + Factory OH
Where,
Direct material = 4.25 × $0.56 = $2.38
Direct labor = 1.10 × $8.30 = $9.13
Factory overhead = 1.10 × $3.80 = $4.18
By putting the value in the formula, we get
= $2.38 + $9.13 + $4.18
= $15.69
A key element of strategic account management is involving a senior level manager on the sales and buying teams in relationship development, product configuration and after sales services. Strategic Account Management is a company wide initiative complex that focuses on creating a mutual and beneficial relationship with the company most important customers and partners.
The statement above is FALSE.
The correct sentence is this: Any person who knowingly submit false claims to the government is liable for THREE TIMES the government damages caused by the violator plus a penalty. This means that the violator will three fold of the damages he causes not five folds.
Answer:
The correct answer is 8% annual rate of interest on the bonds.
Explanation:
The effective annual interest rate is 8%
Effective rate if interest (semi-annual) = (Effective interest / Outstanding Balance) x 100
Effective rate if interest (semi-annual) = (345,639 / 8,640,967) x 100
Effective rate if interest (semi-annual) = 0.04 x 100
Effective rate if interest (semi-annual) = 4%
The Effective Annual Rate of Interest = 4% x 2 = 8%
Explanation:
The basic principle for the risk management are as follows -
1. Do not accept unnecessary risk - unnecessary risk comes without commensurate benefits. Only absolutely necessary while Missions must be undertaken while exposing personnel and resources to the lowest possible risk.
2. Make decisions at appropriate levels to establish clear accountability, which means those responsible for success or failure must be involved in the risk decision making.
3. Accept risks when benefits outweigh the costs.
4. Integrate operational risk management (ORM) into operations and planning at all levels.