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3 years ago

1. Define stake holder2. Explain internal and external stakeholder.

Business

2 answers:

Sergeu [11.5K]3 years ago

8 0

Answer:

An independent party with whom each of those who make a wager deposits the money or counters wagered is stake holder

Kaylis [27]3 years ago

4 0

Answer:

A stakeholder is a person with an interest in something, especially a business.
Internal stakeholders are the people or workers within a business (e.g., employees, managers, the board of directors).
External stakeholders are people who are not a part of the business itself but who care about or are affected by its performance and profits (e.g., consumers, investors, suppliers).

Explanation:

Hope This Helps!!

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Vikentia [17]

Answer:

by writing the answer

Explanation:

I would advise figuring the question out first.

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3 years ago

A customer has purchased 5,000 shares of ABC Corporation stock in lots of 100 shares over an extended period of time at varying

ozzi

Answer:

c. IRS rules allow the taxpayer to specify which shares being sold

Explanation:

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3 years ago

G MC Qu. 87 When is a goodwill impairment loss... When is a goodwill impairment loss recognized?

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Answer:

Goodwill impairment occurs when a company decides to pay more than book value for the acquisition of an asset.

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Explanation:

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3 years ago

Kropf Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing ov

Ratling [72]

Answer:

a) The materials price variance 19026.33 unfav

b) Material Quantity Variance= $ 267 Unfav

c) Direct Labor Rate variance= $ 6127 Unfav

d) Direct labor Efficiency variance= 7710 Fav

e) Variable Overhead Rate Variance= 13099 fav

f) Variable Overhead Efficiency Variance= 3256.25 unfav

Explanation:

First We find the missing figures such as standard quantity ,hours allowed , actual price, rate. Then we list the formulae to use. After that we put in the values of the amounts in the formulae to get the results. Unfavorable variances are those in which the actual quantities are greater than the standard quantities or input .

Kropf Inc.

Given Standards

Direct materials 9.30 liters $ 8.90 per liter

Standard Quantity allowed = 9.3 * 11500= 106950 Litres

Direct labor 0.70 hours $ 25.70 per hour

Variable manufacturing overhead 0.70 hours $ 7.80 per hour

Standard Hours Allowed = $ 0.7 *11500= 8050

Actual Results Given

Actual output 11,500 units

Raw materials purchased 107,900 liters

Actual cost of raw materials purchased $ 979,500

Actual Price= Cost/ Purchases= $ 979,500/107,900 = $9.08

Raw materials used in production 106,980 liters

Actual direct labor-hours 7,750 hours

Actual direct labor cost $ 205,302

Actual Rate=$ 205,302 / 7,750 = $ 26.49

Actual variable overhead cost $ 55,414

Actual Overhead Rate= $ 55,414/7,750 = $ 7.15

Formulae to use

1)The materials price variance = (Actual Price * Actual Quantity)- (Standard Price * Actual Quantity)

2) Material Quantity Variance= (Standard Price * Actual Quantity)-(Standard Price * Standard Quantity)

3) Direct Labor Rate variance= (actual hours* actual rate)- (actual hours * standard rate)

4) Direct labor Efficiency variance= (actual hours* standard rate)- (standard hours * standard rate)

5) Variable Overhead Rate Variance= Actual Variable Overhead- Standard Variable Overhead

6)Variable Overhead Efficiency Variance=( Actual Hours * Standard Variable Overhead Rate)-( Standard Hours * Standard Variable Overhead Rate)

Working

1)The materials price variance = (Actual Price * Actual Quantity)- (Standard Price * Actual Quantity)

The materials price variance = ( $9.08*106,980 )- ($ 8.90 *106,980)

The materials price variance = (971148.38)- (952122)=19026.33 unfav

2) Material Quantity Variance= (Standard Price * Actual Quantity)-(Standard Price * Standard Quantity)

Material Quantity Variance=($ 8.90 *106,980)-($ 8.90 *106,950)= $ 267 Unfav

3) Direct Labor Rate variance= (actual hours* actual rate)- (actual hours * standard rate)

Direct Labor Rate variance= ( 7,750*$ 26.49)- (7,750*$ 25.70)= $ 6127 Unfav

4) Direct labor Efficiency variance= (actual hours* standard rate)- (standard hours * standard rate)

Direct labor Efficiency variance=(7,750*$ 25.70)-(8050*$ 25.70)= 7710 Fav

5) Variable Overhead Rate Variance= Actual Variable Overhead- Standard Variable Overhead

Variable Overhead Rate Variance=$ 55,414-( Actual Hours * Standard Variable Overhead Rate)

Variable Overhead Rate Variance=$ 55,414-(7,750*0.70 * $ 7.80)

Variable Overhead Rate Variance=$ 55,414- 42315= 13099 fav

6)Variable Overhead Efficiency Variance=( Actual Hours * Standard Variable Overhead Rate)-( Standard Hours * Standard Variable Overhead Rate)

Variable Overhead Efficiency Variance= (7,750*0.70 * $ 7.80)- (7,750*0.70 * $ 7.15)=42315- 38788.15= 3256.25 unfav

8 0

3 years ago

All of the following statements are correct about management by exception except it

noname [10]

Answer:

means that management has to investigate every budget difference.

Explanation:

Management has an exception as the practice f examining the financial and operational results of a business. Only bringing the issues to the attention of management when substantial differences in budgets or within the expected amount.

The concept assumes that business managers handle cases that derive them from the norms and have the main disadvantage of calculation mistakes that results from a large variety of data and finding errors to be consuming activity.

3 0

3 years ago

1. Define stake holder2. Explain internal and external stakeholder.​

1. Define stake holder2. Explain internal and external stakeholder.