Answer: contingency plans
Explanation:
A contingency plan is a plan that's designed in order to take into consideration ever possible event or circumstance that may occur in the future.
The aim of a contingency plan is to help an organization hat back to its feet as soon as possible when an unforeseen event o circumstance happens.
Answer:
Estimated manufacturing overhead rate= $2.32 per machine hour.
Explanation:
Giving the following information:
Overhead costs are estimated to total $292,552 for the year, and machine usage is estimated at 126,100 hours.
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 292,552/126,100= $2.32 per machine hour.
Explanation:
The business administration course is a course that covers all organizational systems and provides the knowledge of several important tools to be applied in a company to achieve several strategic and economic advantages.
It is important for the career to have knowledge about management, strategy, communication, finance, and other variables that will be essential to become an ethical leader and that can influence personnel to create an organizational culture geared towards open communication, values and ethic.
Either using its low-cost edge to underprice competitors and attract price-sensitive buyers in large enough numbers to increase total profits or refraining from price cutting and using the low-cost advantage to earn a bigger profit margin
I would recommend a savings account
