Answer:
$6 unfavorable
Explanation:
The computation of the cost variance is shown below:
Cost variance = Standard cost - actual cost
where
Standard cost is
= $20 + 0.20 ×$26 + $40 × 0.20
= $20 + $5.2 + $8
= $33.2
And, the actual cost is $39.20
So the cost variance is
= $33.2 - $39.20
= $6 unfavorable
Since the actual cost is more than the actual cost which reflects the unfavorable variance
Answer:
this promise is enforceable only if it is agreed upon in writing
Explanation:
In the scenario described in the question it can be said that this promise is enforceable only if it is agreed upon in writing. This is because by putting it in writing all details of the contract are displayed for both parties to read/analyze and decide whether they actually want to agree to this agreement/contract or not. Once the contract is signed and agreed upon by both parties it can then be completely enforced because both parties knew exactly what they were getting into at the time of signing.
The question is incomplete:
The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called:
a. Ethnocentric staffing policy
b. Polycentric staffing policy
c. Geocentric staffing policy
d. None of the above
Answer:
Geocentric
Explanation:
-Ethnocentric staffing policy is when a business that has global operations seeks the people for key positions from the home country.
-Polycentric staffing policy is when a company seeks employees in the home country for positions in the headquarters and people from other places for the other offices abroad.
-Geocentric staffing policy is when a company seeks the best person for each position without considering the nationality or culture.
According to this, the answer is that the staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called geocentric staffing policy because the company only focuses on the person that best fits the position without considering the nationality.
Answer:
Order size= $57.61 per machine hour
Explanation:
Giving the following information:
Order size:
Estimated total overhead= $581,866
Estimated total machine hours= 10,100
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Order size= 581,866 / 10,100
Order size= $57.61 per machine hour
Answer:
TRUE
Explanation:
We currently live in a globalized world. Globalization is an economic and political phenomenon that has transformed the relations of production and labor. The companies started to produce in countries where the labor is cheaper, becoming consequently more competitive. Thus, US multinational companies outsource the manufacture of components of their products in different territories. For example, an Iphone has components made in China, Vietnam and others. This makes the final price of the iphone lower around the world.
