Answer:
Option (b) is correct.
Explanation:
Cyclical unemployment refers to the unemployment that occured because of the fall in the demand for goods and services in an economy. It is largely affected by the fluctuations in economic growth of a country. When the overall demand for goods and services are not matched with the full employment in an economy. This unemployment is mostly occured when the economy of a country is contracting.
Answer:
1,370.85 Unfavorable
Explanation:
Standard rate
:
= Budgeted variable overhead costs ÷ Budgeted direct labor hours
= $13500 ÷ 640
Direct labor hours = $21.09 per direct labor hour
Standard time to produce goods
:
= Budgeted direct labor hours ÷ Production volume
= 640 ÷ 6,400
= 0.10 hours
VOH Efficiency Variance
= ( SH − AH ) × SR
where,
SH are standard direct labor hours allowed
AH are the actual direct labor hours
SR is the standard variable overhead rate
(SH − AH ) × SR
= [(4,200 × 0.10) - 485] × $21.09
= (420 - 485) × $21.09
= 1,370.85 Unfavorable
Answer:
because Ivan's decisions will impact the substantial cost of the business.
Explanation:
An operations manager is responsible for managing organizational resources and applying them effectively to meet organizational goals and objectives. It is therefore necessary that Ivan as the operations manager of a network of amusement parks, before determining a new location for a park, he must anticipate the customer demand and determine the adequate capacity of the site for the construction of the park. that their decisions will directly impact the substantial cost of the business, that is, the planning must meet the needs specified by the customer so that the cost is compatible with the budget provided for by an effective planning for that business.
Organizational resources must be allocated efficiently and effectively so that there is compliance with the objectives and goals of a business and for it to be well positioned and successful in the market.
Answer: d. $579.44
Explanation:
Dividends from Essentia Inc.
= 66*$1.79
= $118.14
Dividends from SFT Legal
= 95*$2.62
=$248.90
Dividends from Grath Oil
=180*$1.18
=$212.4
Total Dividends
=$118.14 + $248.90 + $212.4
=$579.44
Darryl's total Dividends each year amounts to $579.44
