The assumption that if planning is perfect there is no need for controlling is false.
This is because controlling is a very vital and important part of
management. Controlling helps to organize the various factors needed in
the completion of a project. This helps to prevent and reduce mistakes to
the barest minimum that may arise as we are all prone to errors.
A management process without any form of control will result in the target
and exact instructions not being met or adhered to.
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Answer:
A) the United Nations Convention on Contracts for the International Sale of Goods.
Explanation:
From the question we are informed about Toro, S.A., which is based in Mexico, enters into a contract for the purchase of portable livestock fencing from United Fencing Company, which is based in the United States. In this case, This contract is governed by the United Nations Convention on Contracts for the International Sale of Goods. The United Nations Convention on Contracts for the International Sale of Goods can as well be regarded as
"Vienna Convention" this body is a
a multilateral treaty which was set up to bring about uniform framework as well as international commerce is concerned.
Option B. marginal.
The average fixed cost decreases as performance improves. Multiple choice problem. The total or production volume of a particular product or service produced. Total output per unit of work.
Marginal production cost measures the change in the total cost of a product due to the production of one additional unit of that product. Marginal cost (MC) is calculated by dividing the change in total cost (C) (Δ) by the change in quantity (Q).
Marginal cost is calculated by dividing the change in total cost by the change in quantity. Suppose Company A produces 100 units at a cost of $ 100. The company will then produce another 100 units at a cost of $ 90. Therefore, the marginal cost is a change in total cost, which is $ 90.
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Answer: $238,800
Explanation:
Adjusted Cost of Goods for November = Beginning Finished good inventory + Cost of goods manufactured - Ending Finished goods inventory - Overapplied Overheads
Overapplied Overhead = Overhead applied - Actual Overhead
= 60,400 - 56,800
= $3,600
Adjusted Cost of Goods for November = 58,000 + 215,000 - 30,600 - 3,600
= $238,800
Answer:
Present value = $45,185,606
Explanation:
Data:
number of periods(n) = 17 years
First-year profit = $5 million
Growth rate = 2%
Interest rate = 10%
Present value = ?
Solution:
The present value of the growing annuity can be calculated as follows
Formula:
Let's denote
annual interest rate = x
annual growth rate = y
Present value = First-year profit x
Present value = $5,000,000 x
Present value = $5,000,000 x 9.03
Present value = $45,185,606