linear programming, mathematical modeling approach in which a linear characteristic is maximized or minimized when subjected to various constraints.
This method has been beneficial for guiding quantitative decisions in business planning, in industrial engineering, and—to a lesser extent—in the social and physical sciences.
Why is it known as linear programming?One of the areas of arithmetic which has tremendous use in combinatorial optimization is called linear programming (LP). It derives its identify from the reality that the LP problem is an optimization trouble in which the objective characteristic and all the constraints are linear.Components of Linear Programming-The simple factors of the LP are as follows: Decision Variables. Constraints. Data.
Learn more about linear programming model here:
https://brainly.com/question/25828237#SPJ4Answer:
Linear programing
Explanation:
should be your answer :D
Heather works at big city bus corp. It is her job to record the day-to-day financial transactions of the company, including paying utilities and accepting bill payments. Heather works as a _____.
Her responsibility is to keep track of all daily financial transactions for the business, such as paying bills and for utilities. Working as a bookkeeper is Heather.
What does a bookkeeper actually do?It is the duty of bookkeepers to deliver correct, current financial data about a company. They are always monitoring the state of a company. Their reports are typically sent to managers and corporate owners to aid in decision-making.
Is being the bookkeeper stressful?Actually, maintaining the finances for a company may be a really difficult task. You must not only ensure that every comma, decimal, and number is in its proper place but you must also keep an eye on each employee to ensure that they provide the information you need.
To know more about bookkeeper visit:
https://brainly.com/question/3992941
#SPJ4
the is the department manager's tool for daily and weekly operations. a.conventional goal b.strategic goal c.tactical plan d.operational plan e.strategic plan
The department manager uses the operational plan as a resource for weekly and daily operations.
A fundamental operating plan is what?The main aims and objectives of an organization are described in an operational plan together with the steps needed to accomplish them. It is a carefully designed document that makes sure team members are aware of their tasks and understand exactly what has to be done.
What does Operation Plan aim to accomplish?A strategic plan's goals and objectives are worked toward through the organization's activities and targets, which are outlined in an operational plan. It offers the foundation for an organization's daily activities. An operating plan typically covers a year's worth of time.
to know more about Operation Plan visit:
https://brainly.com/question/13397937
#SPJ4
exercise 10-9a record common stock, treasury stock, and cash dividends (lo10-2, 10-4, 10-5) power drive corporation designs and produces a line of golf equipment and golf apparel. power drive has 100,000 shares of common stock outstanding as of the beginning of 2021. power drive has the following transactions affecting stockholders' equity in 2021. march 1 issues 55,000 additional shares of $1 par value common stock for $52 per share. may 10 purchases 5,000 shares of treasury stock for $55 per share. june 1 declares a cash dividend of $1.50 per share to all stockholders of record on june 15. (hint: dividends are not paid on treasury stock.) july 1 pays the cash dividend declared on june 1.
The cash dividend declared on June 1 by the company is $3,965,000.
What is cash dividend?A cash dividend is a payment made from a company's current earnings or accumulated profits that is normally distributed to stockholders. Most brokers provide you the option of reinvesting dividends or taking cash instead. Cash dividends are a standard means for businesses to provide money back to their shareholders in the form of regular cash payments; normally, these payments are made quarterly, while some stocks may make these payments monthly, annually, or semiannually. While many businesses distribute dividends on a monthly basis, some sometimes give shareholders extraordinary cash dividends in response to one-time, one-time events like court settlements or borrowing money for significant, one-time cash distributions.
Dr Cash 4,030,000
Cr Common stock 65,000
Cr Additional paid in capital(cash dividend) 3,965,000
To learn more about cash dividend, visit:
https://brainly.com/question/13535979
#SPJ4
4) while catholicism is the majority in latin america, it no longer controls the whole religious market. what is the reason (what changed)?
The reasons for change from Catholicism in the religious market of Latin America is:
The religious experience of Latin Americans has begun to incorporate choice; religious identity is no longer determined at birth; and being Latin American and Catholic are no longer synonymous.
What is Catholicism?
As of 2019, there were 1.3 billion Catholics who had received baptism globally, making it the biggest Christian denomination. It has had a significant impact on the history and advancement of Western civilisation as the world's first and biggest continually operating international organization. The church is made up of 24 sui iuris churches, including the Latin Church and 23 Eastern Catholic Churches, and has about 3,500 dioceses and eparchies spread out around the globe. The main shepherd of the church is the pope, who is also the bishop of Rome. The main supreme ruling body of the church is the bishopric of Rome, sometimes referred to as the Holy See. Vatican City, a tiny enclave of Rome, the capital city of Italy, and where the pope serves as head of state, is home to the Roman Curia, the body responsible for overseeing the Holy See.
The Nicene Creed contains Catholicism's central tenets. The Catholic Church holds to the doctrines that its bishops are the successors of Christ's apostles, the pope is the successor to Saint Peter, upon whom Jesus Christ bestowed primacy, and that it is the one, holy, catholic, and apostolic church that Jesus Christ founded in his Great Commission.
To learn more about Catholicism from the given link
https://brainly.com/question/1276486
#SPJ4
4) while catholicism is the majority in latin america, it no longer controls the whole religious market. what is the reason (what changed)?
Income TaxesThe FICA Tax (LO 9.3)(No COVID provisions) Lamden Company paid its employee, Trudy, wages of $61,500 in 2020. Calculate the FICA tax:Round your answers to two decimal places.Withheld fromTrudy's wages: Social Security $fill in the blank 1Medicare $fill in the blank 2Paid by Lamden: Social Security $fill in the blank 3Medicare $fill in the blank 4Total FICA Tax $fill in the blank 5
The different taxes to be withheld from Trudy's wages and the amount to be paid by Lamden include:
Withheld from Trudy :
Medicare - $891. 75Social security - $ 3, 813Paid by Lamden :
Medicare - $891. 75Social security - $ 3, 813The total FICA taxes would be $9, 409.50.
How to find the taxes ?The amount withheld from Trudy ' s wages is:
= Wages x social security tax rate
= 61, 500 x 6.20%
= $ 3, 813
The amount withheld for Medicare is :
= 61, 500 x 1.45%
= $ 891 .75
This amount will be matched by Lamden so the total is:
= 3, 813 + 3, 813 + 891. 75+ 891 .75
= $ 9, 409 .50
Find out more on Medicare taxes at https://brainly.com/question/26533464
#SPJ1
the balance in accounts receivable at the beginning of 2024 was $680. during 2024, $1,900 of credit sales were recorded. if the ending balance in accounts receivable was $250 and $100 in accounts receivable were written off during the year, the amount of cash collected from customers during 2024 was:
If the ending balance in accounts receivable was $250 and $100 in accounts receivable were written off during the year, the amount of cash collected from customers during 2024 was $1,550.
The balance in account is formed from all announce credit and debit transactions. it is the quantity you've got within the account before any unfinished charges are further. Your on the market balance is that the quantity you'll use for purchases or withdrawals.
The ending balance is that the internet residual balance in an account. it's typically measured at the top of a news amount, as a part of the closing method. An ending balance comes by adding up the dealing totals in an account so adding this total to the start balance.
To learn more about ending balance here
brainly.com/question/2203023
#SPJ4
samson rents rooms in his hotel for an average of $100 per night. the variable cost per rented room is $20, to cover maid service and utilities. his fixed costs are $100,000 and his profit last year was $20,000. for samson, the contribution per unit is
Rent per night = $100
Variable cost per rented room = $20
Fixed cost = $100,000
Profit last year = $20,000
find samson contribution of per unit
Selling price per unit minus variable costs per unit equals contribution per unit. The equation is as follows:
contribution margin per unit=Selling price per unit -variable cost per unit
In this case, the selling price per unit equals the hotel's nightly rent. When we enter the given values into the formula above, we obtain,
the contribution per unit = $100-$20=$80.
so answer is $80.
What does a selling price mean?The amount a customer pays for a good or service is known as the selling price. It can change based on the price that consumers are prepared to pay, the seller is willing to take, and how competitive the price is in relation to other companies in the market. It might aid a company in determining the selling price in accordance with the anticipated profit margin. Let's say a corporation wants to generate a 20% margin on a $10 product. It must be sold for $12.5.
To know more about selling price visit:
brainly.com/question/28017453
#SPJ4
Garfield Personal Training Services is owned by Ga Garfield Gina provides personal training and coaching to individuals or small groups using the localitnessfacity and pool. Ganarents the group training room at the local fitness facility or the pool for scheduled classes. For one-on-one training, she meets clients at the facility where she is a memoria is currently learning Zumba and plans to offer a Zumba class in the group training room on Wednesday mornings starting next month. The development of Zumba is considered a activity for the group level facility level service level O customer-level
The development of Zumba is considered a service-level activity Garfield.
Service Level activities are those activities that are necessary to provide a service to the customer. In this case, the service is offering Zumba classes in the group training room. This activity involves learning the Zumba steps, finding music, and scheduling classes.
All of these activities are necessary to provide the service and therefore, are considered service-level activities for Garfield Personal Training Services.
Therefore the correct answer is C) Service Level.
For more questions like Zumba classes click the link below:
https://brainly.com/question/14251451
#SPJ4
Barry, Inc.'s sales equal $30,000 and cost of goods sold equals $10,000. Its beginning inventory was $800 and its ending inventory is $1,200. Barry's inventory turnover ratio equals _____ times.
a. 15
b. 10
c. 5
ANSWER: Barry's inventory turnover ratio equals 10 times.
WHAT IS INVENTORY TURNOVER RATIO?Inventory turnover is a financial metric that shows how frequently a company's cost of goods sold (COGS) within a given time period changes hands. A company can divide the total number of days in the period (often a fiscal year) by the inventory turnover ratio to get the average number of days it takes to sell its inventory.
Using the inventory turnover ratio, businesses can make better decisions on pricing, production, marketing, and purchases. This is one of the efficiency ratios used to assess how effectively a company uses its resources.
Inventory Turnover Formula :
Inventory Turnover= COGS/Average Value of Inventory
where:
COGS=Cost of goods sold
To know more about inventory turnover ratio visit:
https://brainly.com/question/30030274
#SPJ4
which two industries are significantly influenced by laws regulating product purity and labeling?
Food and pharmaceutical industries are significantly influenced by laws regulating product purity and labelling.
What are the labelling specifications?
In general, food product labels must inform customers of the contents (including any possible allergens), the "best before" or "use by" date, the nation of origin, and nutritional data. Additionally needed is the manufacturer's or distributor's address.
What are Labeling's Importances?
Additionally, labels offer detailed details including the item's size, components, usage guidelines, storage requirements, and more. All of this provides the customer with helpful information while also assisting in bringing the product to life.
To know more about labelling, click here- brainly.com/question/25482413
#SPJ4
If the economy is experiencing less than full-employment, the keynesian model recommends that the government.
If the economy is experiencing less than full-employment, the Keynesian college recommends that the government: undertake stimulative fiscal policy (increase authorities spending or reduce taxes)to stimulate combination demand.
What is the Keynesian view of full employment?British economist John Maynard Keynes spearheaded a revolution in monetary questioning that overturned the then-prevailing notion that free markets would robotically furnish full employment—that is, that everyone who wanted a job would have one as long as people had been bendy in their wage demands
According to Keynes' own principle of profits and employment: "In the brief period, degree of national income and so of employment is decided through mixture demand and mixture provide in the country.
Learn more about Keynesian theory here:
https://brainly.com/question/14223529#SPJ4financial control is a process through which a firm periodically compares its budget to which of the following? (select all that apply) multiple select question. expenses revenues costs market share stock price
Financial control is the process through which a firm periodically compares its budget to :
revenuesexpensescostsWhat is meant by financial control?The methods, procedures, and techniques used by an organization to monitor and manage the use, allocation, and direction of its financial resources are known as financial controls. Any organization's resource management and operational effectiveness are fundamentally dependent on its financial controls.
Financial controls are laws and practices intended to stop or catch fraud and accounting irregularities. Financial controls include things like double-counting cash deposits and account reconciliation.
Read more on financial controls here: https://brainly.com/question/26398073
#SPJ1
Financial control is a process through which a firm periodically compares its budget to which of the following? (Select all that apply)
Multiple select question.
(A) stock price
(B) revenues
(C) expenses
(D) market share
(E) costs
which of the following approaches to submitting a recommendation to your boss focuses on a direct benefit? a. emphasizing how your idea saves the company money. b. anticipating reasons for resistance. c. backing up your suggestions with facts and evidence. d. stating your suggestions confidently and fairly.
Backing up your suggestions with facts and evidence is an approach to submitting a recommendation to your boss focuses on a direct benefit.
Types of benefitsThe benefits that need to be taken into account in the cost benefit analysis include:
Direct benefit is an increase in revenue or sales from a new product that is created. The indirect benefit is an increase in consumer desire for a brand. Benefits are not tangible (intangible benefits), for example, employee morale is getting better because the company's profits are increasing. Competitive benefits are benefits that have an influence on competitiveness. For example, being named the 3 largest companies in the industry that is currently running.Learn more about recommendations to boss at https://brainly.com/question/20708825.
#SPJ4
the number of shares remaining in the hands of shareholders after some stock has been reacquired is referred to as the shares a.in arrears. b.outstanding. c.issued. d.authorized.
The number of shares remaining in the hands of shareholders after some stock has been reacquired is referred to as the shares, the correct option is (b). outstanding.
Shares are an investment that a company can utilize to raise funds. Stockholders are people who purchase a company's shares. Only publicly traded companies are permitted to issue stock shares. Dividends are payable to stockholders.The most shares a firm may issue to investors are known as authorized shares. The total number of shares sold to investors is the number of outstanding shares. Shares known as "treasury shares" are those that the business has issued and then bought back. The total number of outstanding shares decreases due to treasury shares. Treasury shares lack voting privileges.The term "shares outstanding" refers to the quantity of shares that are still in the possession of shareholders after some stock has been reacquired.
To know more about shareholders
https://brainly.com/question/29557750
#SPJ4
in a cost-benefit analysis the development or purchase of software is generally considered a(n)
In a cost-benefit analysis the development or purchase of software is generally considered an acquisition cost.
A method of choosing where one considers the advantages and disadvantages of several options to determine whether the advantages outweigh the disadvantages.
In general, cost-benefit analysis is totaling all expenses associated with a project or choice, deducting those costs from the project's or decision's predicted benefits, and then comparing the results. (Occasionally, a ratio is used to show this value.)
Even when the interventions are not directed at the same objectives, cost-benefit analysis enables assessors to compare the economic efficacy of program options.
To know more about Cost-benefit Analysis here
https://brainly.com/question/17136447
#SPJ4
sheffield, inc. manufactures afghans. the budgeted units to be produced and sold are as follows: august september expected production 3,450 3,100 expected sales 3,200 4,200 it takes 20 yards of yarn to produce an afghan. the company's policy is to maintain yarn at the end of each month equal to 5% of next month's production needs and to maintain a finished goods inventory at the end of each month equal to 20% of next month's anticipated production needs. the cost of yarn is $0.20 a yard. at august 1, 3,450 yards of yarn were on hand. compute the budgeted cost of direct materials purchases for august. budgeted cost of direct materials purchases for august $
The budgeted cost of direct materials purchases of sheffield, inc.for august is $15660.
What is budgeted cost of direct materials?The budgeted cost is an estimated cost that would be incurred in future. This is a provisional study of cost elements in order to know the liquidity and management of funds in advance. This is also refers to planning of anticipated cost estimation.
The budgeted cost of direct materials will be the amount of expenses that should be payable in future to acquire the material required for production.
Given information:
a) Expected Production:
August = 3450 unitsSeptember = 3100 unitsb) Sales:
August = 3200 unitsSeptember = 4200 unitsc) Input - Output Ratio:
1 Unit of Afghan = 20 yards of yarn
d) No. of units purchased during August month = (Production Units + Closing Stock of Finished Goods - opening stock of finished goods) × No. of yards required for manufacture one unit of afghan.
e) No. of Units purchased ={3450 units + 620 units (3100 × 20%) - 155 units (3100 units of September × 5%)} × 20 ⇒ 3915 units × 20 ⇒ 78300 yards of yarn to be purchased.
f) Cost of Direct material yarn = Rate × Quantity
⇒ $0.20 × 78300 yards
⇒ $15660
Therefore as per the given instruction the cost of direct materials is $15660.
To know more about budgeted cost of direct materials refer:
https://brainly.com/question/29612890
#SPJ1
judging from the organization's description, ciea could be best categorized as what kind of interest group?
Judging from the organization's description, Ceia could be best categorized as Peak association.
How do political specialists by and large classify vested parties?
Political specialists freely arrange vested parties into four principal strategy regions: some arrangement basically with monetary issues, others with issues of the climate, others with uniformity issues, despite everything others with the interests, everything being equal.
What is the essential objective of vested parties when they connect with strategy producers?
Vested parties work with resident cooperation in government, coordinating people to make an aggregate move through casting a ballot, raising money, and dispersing data about their issues to choose authorities and general society.
What is the principal reason vested parties structure?
Vested parties structure to look for impact in government choices and benefactors give the gatherings assets they need to get everything rolling. Changes in world of politics and new advancements make it feasible for individuals to proficiently distinguish other similar people to assemble for public political activity.
Learn more about Peak association here:
https://brainly.com/question/28872935
#SPJ4
which of the following transactions would not be classified as an operating activity on the statement of cash flows? multiple choice question. cash dividends paid to shareholders cash paid for salaries and wages payments for goods and services collections on credit sales
Answer: cash dividends paid to shareholders
Explanation:
Cash dividends paid to shareholders would not be classified as an operating activity on the cash flow statement.
Cash flow is the net change in cash and cash equivalents coming into and going out of a business. Inflows are represented by cash received, while outflows are represented by money spent.
A cash flow statement displays the precise amount of a company's cash inflows and outflows over time. The income statement is the most common financial statement and displays a company's revenues and total expenses over time, including non-cash accounting such as depreciation.
Hence, the correct answer is the "First" option.
To know more about cash flow, click here.
https://brainly.com/question/28238360
#SPJ4
when groups of workers receive a portion of the financial return from reducing costs and improving productivity, this is called:
When groups of workers receive a portion of the financial return from reducing costs and improving productivity, this is called: Labor productivity
What is labor productivity?
Real output per work hour, which is how labor productivity is defined, is how growth in labor productivity is tracked through time.
The quantity of goods and services that a group of employees generate in a specific period of time is known as workforce productivity. It is one of many productivity metrics used by economists.
Growth in labor productivity allows workers to create more goods and services for a given number of work hours than they otherwise could.
To know more about labor productivity, refer:
https://brainly.com/question/27829365
#SPJ4
as a result of its annual fundraising program, a nonprofit receives pledges in the amount of $300,000 during december, the last month of its reporting period. based on its previous history regarding pledges, the nonprofit believes that about $300,000 will be collected in the first 60 days of the next fiscal year; $42,000 will trickle in during the rest of the next fiscal year; and $18,000 will not be collected at all. how much should the nonprofit report as net contributions receivable on its current period financial statements?
The net contribution receivable for the current fiscal year would be $342,000 ( $300,000+ $42,000) according to the report.
What do financial statements serve as?A company's financial health may be seen at a single glance because of the financial statements that provide information about its operations, performance, and cash flow. Since they reveal details about a company's earnings, costs, profitability, and debt, financial statements are crucial.
What are the qualities of a good financial statement?The financial statements, which shows a company's potential to make a profit, is likely to be the most relevant financial statement for the majority of consumers. Additionally, the data on the income statement is largely expressed in current dollars, indicating a high level of accuracy.
Know more about financial statements here:
https://brainly.com/question/14951563
#SPJ4
what is the economic theory behind reducing the size of the stadium? group of answer choices the percentage decrease in the number of seats will be larger than the percentage increase in price so that total revenue and profits will increase. none of the answers are correct. the demand for seats is elastic so that a decrease in quantity will allow stanford to increase price and increase total revenues and profits making the stadium smaller will make demand for seats inelastic allowing standford to increase revenue from ticket sales. stanford is predicting the percentage decrease in quantity of seats will be lower than the percentage increase in price so revenue and profits will increase.
Making the stadium smaller will make demand for seats inelastic allowing Standford to increase revenue from ticket sales. e. Stanford is predicting the percentage decrease in quantity of seats will be lower than the percentage increase in price so revenue and profits will increase.
A monopolistic business has a more difficult analysis of options than a corporation with perfect competition. After all, a business in a competitive market calculates its output to maximize profits by starting with the market price as a given. A monopoly may control both its output and its pricing since it owns the whole market. What options would such a company make regarding pricing and output.
We shall respond to your query in terms of the marginal decision rule, which states that a business will continue to manufacture more units of an item up until marginal revenue equals marginal cost. We must first look into the unique link between demand and marginal revenue for a monopoly in order to apply that rule to monopoly firms.
To know more about revenue visit:
https://brainly.com/question/8645356
#SPJ4
_____ is the process of generating new and useful ideas concerning new products, services, manufacturing methods, and administrative processes.
Creativity is the process of generating new and useful ideas concerning new products, services, manufacturing methods, and administrative processes.
Why are manufacturing processes important?Manufacturing enables companies to sell completed goods for more money than they paid for the raw materials they used. Using assembly line techniques and cutting-edge technologies as key resources, large-scale manufacturing enables the mass production of commodities.
What does a manufacturing process actually entail?By combining supplies, ingredients, or raw materials according to a formula or recipe, process manufacturing makes products. It is widely utilized in enterprises that manufacture things in large quantities, such as those that produce food, drinks, refined oil, gasoline, pharmaceuticals, chemicals, and plastics.
To know more about manufacturing processes visit:
https://brainly.com/question/15051243
#SPJ4
Compared to a channel of distribution, a supply chain is
In contrast to a distribution route, a supply chain is longer as a result of the supplier linkages.
What connection exists between a supply chain and a distribution channel?By reducing inventory and transferring items from producers to end users quickly, supply chain management increases the efficiency of logistics services. A distribution channel is the collection of marketing organizations that products transit through on their path from producers to end users and consumers.
What role does supply chain management's distribution channel design play?Your supply and demand must be balanced, which calls for supply chain distribution. Your distribution plan should be able to adapt to changes in the market, such as disruptions in the supply chain and an increase in demand. Reducing the amount of interactions required to move a product from supplier to customer is the goal of the distribution chain.
Learn more about supply chain: https://brainly.com/question/17517887
#SPJ4
which of the following correctly describes what happens to aggregate demand when government spending increases? group of answer choices aggregate demand decreases, and it shifts to the right. aggregate demand increases, and it shifts to the left. aggregate demand increases, and it shifts to the right. aggregate demand decreases, and it shifts to the left.
Aggregate demand decreases, and it shifts to the right describes what happens to aggregate demand when government spending increases. In macroeconomics, aggregate demand refers to the total demand for goods produced in the United States, which includes consumer goods, services, and capital goods.
The total amount of demand for all finished goods and services produced in an economy is measured as aggregate demand. The total amount of money exchanged for government goods and services at a specific price level and point in time is referred to as aggregate demand. Aggregate demand refers to the total demand for goods and services in any economy.
To learn more about demand, click here.
https://brainly.com/question/14456267
#SPJ4
which person would likely benefit the most from supportive leadership? rivky, who does data entry work for an accounting firm. kennedy, who is updating a marketing campaign. david, who teaches high school english. hector, who is creating a new smartphone app.
The person who would likely benefit the most from a supportive leadership is Hector, who is creating a new smartphone app. The Option D is correct.
What is a supportive leadership about?In management level, a supportive leadership refers to a a leadership style in which the leader supports their subordinates with tools and resources until they have the skills to work autonomously.
In most case, a supportive leaders do their best to ensure that everyone on their team has the necessary skills, tools and resources to complete the task they've been assigned or find success in a long-term project.
Often as well, the level of support does varies from team member to team member depending on each individual employee's knowledge and needs. The objective of a supportive leadership is team members who are capable of working autonomously, but who feel comfortable seeking support when they need it.
Read more about supportive leadership
brainly.com/question/25927714
#SPJ1
If the required reserve ratio is 10% and the fed conducts an open market purchase of $100, what is the maximum possible change in the money supply?.
The maximum possible change in the money supply would be $1,000.
An open market notion is what?A system of commerce that is open to free-market activity has few to no restrictions on it. An open market is one that doesn't have any tariffs, taxes, licensing requirements, subsidies, unionization, or other rules or behaviors that obstruct the operation of the free market.
What do open market operations aim to achieve?The goal of open market operations is to alter the reserve balances of American banks and trigger retaliatory changes to the current interest rates. The Fed can boost the amount of money in the country by purchasing securities.
To know more about open market visit:
https://brainly.com/question/28290429
#SPJ4
Ruby Company produces a chair that requires 5 yards of material per unit. The standard price of one yard of material is $7.50. During the month, 8,400 chairs were manufactured, using 43,700 yards at a cost of $7.30 per yard. Enter favorable variances as negative numbers.
Determine the following:
a. Price variance $ Favorable or not b. Quantity variance $ Favorable or not c. Cost variance $ Favorable or not
Differences in Direct Materials
In standard costing, the total direct materials cost variance is divided into two components: one generated by a change in the material purchase price, and the other by a difference in the quantity actually used to make the output.
Organising the information is the first step.
Actual quantity times the actual price or rate
Actual quantity x the going rate or pricing
Standard quantity times a standard rate
Direct resources
43,700 x $7.30 = $319,010
43,700 x $7.50 = $327,750
8,400 x 5 = 42,000 x $7.50 = $315,000.
(AQ x AP) - (AQ x SP) = $319,010 - $327,750 = -$8,740 F Material price variance (because actual is better than budget)
Variance in material amount (AQ x SP) - (SQ x SP) = $12,750 U.
Learn more about Direct Materials visit: https://brainly.com/question/23773610
#SPJ4
smith company the following information on the financial statements: net income $50,000 preferred dividends 8,000 average common stockholder’s equity 180,000 average number of common shares outstanding 250,000 shares market price $2 per share what is the earnings per share (to the nearest penny)?
0.17, The monetary worth of an organization's earnings per outstanding share of common stock is known as earnings per share.
Is a high profit per share desirable?Calculating earnings per share
You would deduct those from the earnings if the company was required to distribute preferred dividends. When a company has a high EPS, it has done well during the earnings period and investors are prepared to pay more for its shares, increasing its value to current investors.
A healthy EPS is what?What makes a good EPS is a question that has no clear solution. When comparing businesses, it is beneficial to pay special attention to how EPS is trending and how it compares to rival companies' earnings. Keep in mind that higher EPS can imply expansion and rising stock prices.
To learn more about Earning Per Share visit:
https://brainly.com/question/16562972
#SPJ4
an employer agrees to pay $15,900 for medical insurance and contribute an additional 5% of the employees' $159,000 gross salaries to a retirement program. the entry to record these accrued benefits is:
Debit to employee advantages cost $15,900
Medical health insurance - $15,900
Retirement program value = ($$15,900*5%) = $7,one hundred
general worker gain expense = ($14,2 hundred + $7,100) = $21300
The overall expense debited to the worker benefits rate account with $21,300.
More, in particular, an organization is a corporation, institution, government entity, corporation, organization, expert services firm, nonprofit affiliation, small business, save, or the person who employs or puts to paintings people who may be called personnel or workforce members.
Learn more about employees here
https://brainly.com/question/27953070
#SPJ4
Which ngo supports small-scale farmers in developing countries and the us by providing livestock and business support to make farming profitable?.
At the International Fund for Agricultural Development (IFAD), we support rural residents by giving them the tools they need to enhance their family's nutrition, boost their food security, and increase their income.
Briefing:-We support their development of resilience, business growth, and self-determination.
Which non-profit organization provides animals to small-scale farmers in the US and underdeveloped nations?A global development group called Heifer International is dedicated to permanently eradicating hunger and poverty. We collaborate with local governments in 20 different nations to boost regional economies and create stable livelihoods that ensure small-scale farmers receive a living wage.
Is micro farming financially successful?Small-scale farming can be successful even though it may not yield as many bushels of grain as a farm covering 100 acres. Helm remarked, "It's really achievable.
To Know more about International Fund
https://brainly.com/question/28545351
#SPJ4