Answer:
The variance is 4,000 - 4,200 = -200 (favourable variance).
Explanation:
To know the production variance in this exercise, we first need to know the total standard cost, then calculate the difference between the actual cost and the standard one.
Total standard cost = production volume x hour used per one unit produced x overhead cost per hour = 1,000 x 3 x 1.4 = 4,200
So, the variance is 4,000 - 4,200 = -200 (favourable variance).
Answer:
51,487.5
Explanation:
Calculation to determine the minimum guaranteed mileage should the manufacturer announce
Sinces no more than 4% of the tires will have to be replaced First step will be to determine the InvNorm(.96) using normal distribution table
InvNorm(100%-4%)
InvNorm(.96) = 1.75
Now let determine the minimum guaranteed mileage
Let x represent the Minimum guaranteed mileage
(2050*1.75)+47,900=x
x=3,587.5+47,900
x = 51,487.5
Therefore the minimum guaranteed mileage that the manufacturer should announce is 51,487
C. less painful parting with cash
Answer:
Matrix organization structure
Explanation:
A matrix organizational structure is a work arrangement in which employees report to two or more supervisors rather than one line manager overseeing every project aspect. The reporting relationships are grid-like, with employees reporting to both product and functional managers. For example, an employee may have a direct manager they report to, plus one or more project managers they operate under.
The matrix organizational structure is useful when sharing skills across departments is necessary to complete a project.
Answer:
A
the arab Spring,because it ended up having more of an impact that the OccupyMovement
