Answer:
$652,858
Explanation:
Predetermined overhead rate = Budgeted Overheads ÷ Budgeted Activity
= $717,474 ÷ 364,200
= $1.97 per direct labor hour
Allocated overheads = Predetermined overhead rate x Actual Activity
= $1.97 x 331,400 direct labor hours
= $652,858
therefore,
The overhead allocated for May is $652,858.
Answer: Quick service
Explanation:
According to the given question, the few restaurants student opting quick service management is the process of lack of varieties, opportunities and the glamour.
The Quick service is one of the disadvantage method using in the management as it contain the fast serving of the food and lack of the various types of variety in the food menu.
We are not able to manage all the stuff in order to satisfying the customer requirement and also lacks the opportunities for the self expression. Therefore, Quick service is the correct answer.
Answer: 180%
Explanation:
Return on investment = (operating income/sales) x (sales/total assets)
=> operating income / total assets
given Operating income=1,800,000
Total assets.1,000,000
Current liabilities.=810,000
Return on investment=1,800,000/1,000,00=1.8 X 100= 180%
Answer:
encouraging their participation in the decision making process.
Explanation:
There are several theories about how to overcome employees' resistance to change, and most of them have certain concepts in common:
- encourage employee participation in the process
- set challenging but achievable goals
- try to solve conflicts quickly as soon as they arise
- be positive about the changes
- stimulate teamwork
- be a leader
Whenever changes occur, at home or at work, everyone feels better if their opinions and ideas are considered during the process.
Answer:
Market economy:
2. The invisible hand guides resources to their highest valued uses
4. Prices are sey by supply and demand
6. Buyers and sellers are motivated by self-interest
Non-market economy:
1. Prices are set by government agencies
3. Buyers and sellers are motivated by government directives
5. Buyers and sellers are motivated by a sense of communal well-being
Explanation:
On the one hand, the concept of <em>market economy</em> refers to a type of economy system that basically indicates that the market will find the equilibrium and work properly without the help of the government and therefore it establishes that the economy does not need from the figure of the government and that this last one must worry only about the other issues that do not include the economy.
On the other hand, a <em>non-market economy</em> like its name indicates, it refers to the type of system that do consider that the presence of the government is very important for the correct system of the economy and all of its factors regarding the market. Therefore that this type of system approves the planning of the economy from the government without discussions.
