These changes in strategy are indicative of internal forces of change. Internal forces of change in business refer to events, people and systems inside a company that aid or prevent it from fulfilling short term as well as long term goals.
Solution:
Manufacturing overhead expense volatility will be determined by subtracting the overhead cost of output from the total overhead cost of production according to the adjustable budget.
(Manufacturing overhead cost as per flexible budget) =
(Actual units x Variable manufacturing overhead per unit +Fixed manufacturing overhead )
= (5,050 x $1.30)+ $41,500 = $48,065
Actual manufacturing overhead cost = $47,905
Therefore, Manufacturing overhead spending variance
= $48,065 - $47,905 = $160
The deviation is positive as the real expense is smaller than the adjustable cost of the program.
Answer:
E.pay the holder the LIBOR interest above 6%.
Explanation:
On the off chance that the firm is selling the asset(floor) at 6%, it implies that the benefit is in contract and thus when selling the floor the holder of the floor should make installment to the mortgagee at LIBOR+6%, after which the deal will be concluded.
Therefore, the answer will be pay the holder LIBOR interest above 6%
Answer:
Correct option is (C)
Explanation:
Mass customization refers to manufacturing products suited for individual needs and preferences at the same time producing huge amount of products at low cost offering value to customers.
Customers are allowed to make modifications as per their requirements in the basic model offered by the organization. So customer is free to pick the color, design and model of their choice.
Spokes bikes is therefore using mass customization.
Answer:
The account balance after 4 years will be $2,420.
Explanation:
First we need to add Bob and Judy's amount to find the total amount that will be deposited. (1260+975)=2,235.
Now we will break up the annual interest into monthly interest because it will be compounded monthly. 2/12=0.166.
Then we will break up the 4 years into months also because the interest is compounded monthly. 4*12=48
Now we use the formula for compound interest
Final amount = Principal*(1+R)^N
Principal = 2,235
R= 0.166% or 0.00166
N= 48
We put these values into our formula
2,235*(1+0.00166)^48
=2,420
