Answer:
d. $18,900 unfavorable.
Explanation:
Direct labor efficiency variance = SR*(SH-AH)
18000 = SR*(63000-61500)
18000 = 1500 SR
SR = $12
Total standard direct labor cost for February = 63000*12= $756,000
Direct labor flexible-budget variance = $774,900 - $756,000 = $18900 Unfavorable
Answer:
The correct answer is letter "D": project management plus operations management.
Explanation:
Acquisition management refers to all the efforts a company makes to obtain the materials necessary for the operations process stage to take place. Labor, land, and equipment are the main factors that the company must acquire to make its project become true. Under that scenario, project management and <em>operations management </em>are the core of the <em>acquisition management</em>.
Answer: Equilibrium price is $3 and equilibrium quantity is 40 units.
Explanation:
Demand equation is given by,
![Qd= a-bP When P=$5, Qd=30 30 = a – 5b Change in Quantity demanded = Change in a – (b Change in P) 5 = 0 – b(-1) b=5 So, a = 55](https://tex.z-dn.net/?f=Qd%3D%20a-bP%3C%2Fp%3E%20%3Cp%3EWhen%20P%3D%245%2C%20Qd%3D30%3C%2Fp%3E%20%3Cp%3E30%20%3D%20a%20%E2%80%93%205b%3C%2Fp%3E%20%3Cp%3EChange%20in%20Quantity%20demanded%20%3D%20%20Change%20in%20a%20%E2%80%93%20%28b%20Change%20in%20P%29%3C%2Fp%3E%20%3Cp%3E5%20%3D%200%20%E2%80%93%20b%28-1%29%3C%2Fp%3E%20%3Cp%3Eb%3D5%3C%2Fp%3E%20%3Cp%3ESo%2C%20a%20%3D%2055)
Therefore the demand equation is given by, ![Qd= 55 – 5P](https://tex.z-dn.net/?f=Qd%3D%2055%20%E2%80%93%205P)
Supply equation is given by
![Qs= c + dP When P=$5, Qs = 50 50 = c + 5d Change in Quantity supplied = Change in c + d(Change in P) -5 = 0 + d(-1) d=5 So, c=25](https://tex.z-dn.net/?f=Qs%3D%20c%20%2B%20dP%3C%2Fp%3E%20%3Cp%3EWhen%20P%3D%245%2C%20Qs%20%3D%2050%3C%2Fp%3E%20%3Cp%3E50%20%3D%20c%20%2B%205d%3C%2Fp%3E%20%3Cp%3EChange%20in%20Quantity%20supplied%20%3D%20Change%20in%20c%20%2B%20d%28Change%20in%20P%29%3C%2Fp%3E%20%3Cp%3E-5%20%3D%200%20%2B%20d%28-1%29%3C%2Fp%3E%20%3Cp%3Ed%3D5%3C%2Fp%3E%20%3Cp%3ESo%2C%20c%3D25)
Therefore, the supply equation is given by,
![Qs= 25 + 5P](https://tex.z-dn.net/?f=Qs%3D%2025%20%2B%205P)
Equilibrium is given by
![Qd=Qs 55 – 5P= 25 + 5P 30=10P P=$3 And Equilibrium quantity is, Q= 55 – 5(3) = 55 – 15 = 40 units.](https://tex.z-dn.net/?f=Qd%3DQs%3C%2Fp%3E%20%3Cp%3E55%20%E2%80%93%205P%3D%2025%20%2B%205P%3C%2Fp%3E%20%3Cp%3E30%3D10P%3C%2Fp%3E%20%3Cp%3EP%3D%243%3C%2Fp%3E%20%3Cp%3EAnd%20%3C%2Fp%3E%20%3Cp%3EEquilibrium%20quantity%20is%2C%20Q%3D%2055%20%E2%80%93%205%283%29%20%3D%2055%20%E2%80%93%2015%20%3D%2040%20units.)
Answer:
4.2 years
Explanation:
Here is the complete question
Project A requires a $ 385,000 initial investment for new machinery with a five year life and a salvage value of $44,000. The company uses straight - line depreciation . Project A is expected to yield annual net income of $ 23,100 per year for the next five years.
Required:
Compute Project A's payback period.
Payback = amount invested / cash flow
cash flow = net income + depreciation
depreciation = (cost of asset - salvage value) / useful life
(385,000 - 44,000) / 5 = 68,200
Cash flow = 68,200 + $ 23,100 = 91300
$ 385,000 / 91300 =4.2
Answer:
hope it's help you ok have a good day