Answer:
Standard material quantity allowed = 270 units × 8 pounds
= 2,160
Material Price variance = Actual Quantity (Standard price - Actual price)
= 2,100 (3.90 - 4.00)
= 210 Unfavorable
Material Qty variance = Standard price (Standard quantity - Actual quantity)
= 3.90 (2,160 - 2,100 )
= 234 Favorable
Total Material Variance:
= (Standard quantity × Standard price) - (Actual Quantity × Actual price)
= (2,160 × 3.90) - (2,100 × 4)
= 24 Favorable
Labour rate variance = Actual hours (Standard rate - Actual rate)
= 1390(14 -13.80 )
= 278 Favorable
Labor efficiency variance = Standard rate (Standard hours-Actual hours)
= 14 (1350 -1390)
= 560 Unfavorable
Total Labour cost variance:
= (Standard hours × Standard rate) - (Actual Hours × Actual rate)
= (1350 × 14) - (1390 × 13.80)
= 282 Unfavorable
Answer:
Total Variable overhead variance $30,000 Unfavorable
Explanation:
Standard variable overhead per unit
= $2 per hour × 10 hours per unit
= $20 per unit
$
18,000 units should have cost (18,000× $20 per unit) = 360000
but did cost <u>390,000</u>
Total Variable overhead variance <u>30,000 </u>Unfavorable
Managing team conflict is the most important skill required for effective team management.
A conflict is a situation when the interests, needs, goals are values of involved parties interfere with one another. Therefore, it is important to understand various conflict resolution techniques. Conflict resolution is a method and process that is involved in facilitating the peaceful ending of conflict and retribution. Conflict situations are an important aspect of the workplace.
Answer: Audience Analysis
Explanation: Audience analysis is when a speaker identifies the audience it will be addressing, by researching their attitudes, beliefs and interests. The speaker then compiles a speech that is in line with these factors. This often involves extensive research of the speaker's audience. The aim of using this guideline is to make the speaker's speech more relateable and effective to its audience.
In this case Jim who is the speaker, uses his thorough knowledge of his employees' educational background (conducted through a form of research), to create a presentation that is effective to his employees, making it relateable because it is based on their educational background.
Answer:
The correct answer is letter "B": Market development.
Explanation:
Market development implies individual professionals and organizations to expand their operations whether focusing on a new sector of the market or by starting their business in different regions. Besides increasing profits, market development allows them to diversify their clientele which is a strength for the business in front of adverse economics situations.
Thus, if a state creates licensing requirements for lawyers and accounts to restrict their entry from other regions, <em>that state is limiting market development</em>.
