Answer:
See answers below
Explanation:
a. Direct materials & supplies $40,000 = $40,000 × 110%
= $44,000 × 20,000/25,000
= $35,200
Employee costs = $2,900,000 × 105%
= $3,045,000 × 20,000/25,000
= $2,346,000
Variable overhead = $600,000 × 100%
= $600,000 × 20,000/25000
= $480,000
Fixed overhead = $700,000 × 105%
= $735,000
b. Total costs per unit year 2 =
$3,596,000 / 20,000
= $179.81
Answer:
There are many things that a company can do to institutionalise learning and knowledge. Some of them doesn't even cost much and take a lot of time to be implemented.
Empowerment of individual employees. Giving them more autonomy in the job and the capacity to work freely with the peers.
Making teams rather than working individually. Team spirit is essential in the learning process and to promote sharing.
Conducting internal development and training programs on a regular basis.
Using social media platforms to connect the employees so that they are able to share their knowledge, expertise on a real-time basis.
Reducing the power gap between the employees and their superiors.
Explanation:
Answer:
Option "B" is the correct answer to the following statement.
$15
Explanation:
Marginal revenue is the extra revenue produced from increasing sales of a single unit of the commodity. Marginal benefit is the income received by a business or entity when the creation and distribution of one extra or marginal product.
Marginal Benefit = New revenue - Old revenue
= ($40) - ($25)
=$15
So,the Marginal Benefit for Lionel's Lawn Care is $15 .
Answer:
The correct answer is Option C (dramatic developments in information processing and other technologies)
Explanation:
Globalization caused by several factors, example are improved markets, transportation, policies and cultures, improved technology, can be explained as the process by which different parts of the world are connected due to the spread of ideas, people, technology, goods. Types of globalization are: Economic globalization, political globalization, and cultural globalization.
Factors underlying the trend toward greater globalization are micro level (individual) and macro level (society). Macro factors include, barriers to distribution of good and services among countries, and technological change, which is very important as it greatly affects globalization.
Dramatic developments in information processing and other technologies makes it easier to communicate and share information in order to conduct business internationally, and do other greater things too.
