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2 years ago

Investigating production variances and adjusting the production process is an example of.

1 answer:

3 0

Investigating production variances and adjusting the production process is an example of controlling, which is one of the main activities of organizations.

<h3>What is controlling?</h3>

Controlling is a process that is responsible for guiding business management towards the proposed objectives, that is, control allows corrective actions to be taken when necessary.

<h3>Characteristics of controlling</h3>

Help in the collection of information that helps optimize decision-making in the direction of the company.

It allows to elaborate a planning, coordinate the tasks that the company must carry out and the mechanisms for the analysis and adjustment of the variables that influence the production process of the company.

Therefore, we can conclude that controlling allows adjusting the process to the goals that have been established and having access to and knowledge of the data.

Learn more about controlling here: brainly.com/question/24304293

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Classify each item as an asset, liability, common stock, revenue, or expense. (a) Issuance of ownership shares. select the corre

Roman55 [17]

Answer:

The classified list of items is as follows:

(a) Issuance of ownership shares - Common stock

(b) Land purchased - Asset

(d) Bonds payable - Liability

(e) Amount earned from selling a product - Revenue

(f) Cost of advertising - Expense

Hence, all the items are classified as asset, liability, revenue, common stock and expense.

8 0

3 years ago

A company has a $36 million portfolio with a beta of 1.2. The futures price for a contract on the S&P index is 900. Futures

Blizzard [7]

Answer:

Explanation:

Number of contracts required:

= (0-1.2)×36,000,000÷(900×$250)

= -192

Since negative value, short 192 contracts.

= (0.9 - 1.2)×36,000,000÷(900×$250)

= -48

Since negative value, short 48 contracts.

= (1.8 - 1.2)×36,000,000÷(900×$250)

= 96

Since positive value, long 48 contracts.

7 0

3 years ago

Because of the substitution problem, the cpi tends to overstate the true change in the price of the typical basket of consumer g

butalik [34]

It is true that because of the substitution problem, the CPI tends to overstate the true change in the price of the typical basket of consumer goods.

A consumer price index measures a market basket of goods and services that households have purchased at a weighted average price.
The measured CPI fluctuates to reflect changes in prices over time.

One of the most popular methods for determining inflation and deflation is the CPI.
An essential gauge of an economy's health is inflation. The CPI and other indexes are used by governments and central banks when making economic decisions.
The decision to raise or cut interest rates is crucial among these.

If the CPI increases, it indicates that the average rate of change in price over time has increased. The cost of living and income are eventually changed as a result of this.

Learn more about CPI here:

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7 0

1 year ago

You are working on the toll plaza construction phase of the Grand Harbor Tunnel project. You notice that the concrete being pour

Radda [10]

Answer:

Discuss the concerns you have with the supervisor in charge.

Explanation:

It is wrong under the ethics code to ignore a clear sign that an intervention is required be it in business decision making or in this case, construction. It is your obligation to report any abnormality noticed to the supervisor in charge.

4 0

3 years ago

Owens Corporation uses a process costing system. For March, the beginning work in process inventory consisted of 60,000 units th

Black_prince [1.1K]

Answer:

C) $4.02

Explanation:

The computation of cost per equivalent unit for processing cost for March is shown below:-

As we know that

Beginning work in process inventory units + Units started into production = Ending work in process inventory units + Units completed and transferred out

60,000 + 190,000 = Units in ending work in process inventory + 200,000

Units in ending work in process inventory is

= 60,000 + 190,000 - 200,000

= 50,000

To complete the beginning work in process inventory:-

Processing: 24,000

60,000 units ×(100% - 60%) a

Units started and completed 140,000

(200,000 − 60,000) b

Ending work in process inventory Processing:

50,000 units × 20% c 10,000

Equivalent units of production 174,000

Cost added throughout the period e 7,00,000

Equivalent units of production f 174,000

Cost per equivalent unit e ÷ f $4.02

5 0

3 years ago