According to management theory, óscar’s firm operates in a rapidly changing industry. He often must apply his excellent "<u>problem-solving skills</u>" to assess problems and develop solutions very quickly.
This is based on the idea that <u>problem-solving skills</u> are essential in assisting individuals in determining the cause of a problem and why it is occurring, including how to decipher the issue.
There are various <u>Problem-Solving Skills</u> include:
- Active listening.
- Analysis.
- Research.
- Creativity.
- Communication.
- Dependability.
- Decision making.
- Team-building, etc.
Hence, in this case, it is concluded that the correct answer is "<u>Problem Solving Skills."</u>
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Answer:
$10,400 Favorable
Explanation:
The computation of labor efficiency variance for June is shown below:-
For computing the labor efficiency variance for June first we need to find out the standard hours
Standard hours = 0.5 hours per unit × 3,100 units
= 1,550 hours
Now, we will put it into formula
Labor efficiency variance = (Standard hours - Actual hours) × Standard rate
= (1,550 - 510) × $10
= $10,400 Favorable
Therefore for computing the labor efficiency variance for June we simply applied the above formula.
Answer:
A. $3,610,000
Explanation:
The Equivalent production = 190,000 + [70% × (200,000 - 190,000)] = 197,000 tons.
While the Cost per unit = ($3,152,000 + $591,000)/197,000 = $19;
the transferred costs = 190,000 × $19 = $3,610,000
= $3,610,000 which is the final answer.
Answer:
<u>The correct answer is that Rachel's workshop total cost is US$ 5,700 per month and US$ 19 of average cost per unit sold every month.</u>
Explanation:
<u>1. Rachel's workshop monthly costs</u>
Rent US$ 600
Salaries US$ 3,600
Insurance premium US$ 300
Raw materials US$ 1,200
<u>Total monthly costs US$ 5,700</u>
<u>2. Rachel's workshop average monthly costs</u>
Number of units sold per month = 300
Average monthly costs = Total monthly costs/Number of units sold
Average monthly costs = 5,700/300
<u>Average monthly costs = US$ 19</u>
