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2 years ago

Team planning is most effective when the group leader develops the overall plan and then solicits feedback from the group.

1 answer:

5 0

It is false that <span>team planning is most effective when the group leader develops the overall plan and then solicits feedback from the group. It must be the other way around. The role of the group leader is to stimulate ideas, facilitate discussions and summarize it all, to develop an overall plan that would make sense to the members.</span>

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Glascro Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the

omeli [17]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Month - Lease cost - Machine hours

April: $15,000 - 800

May: $10,000 - 600

June: $12,000 - 770

July: $16,000 - 1,000

Using the high-low method, first, we need to determine the unitary variable cost. We need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (16,000 - 10,000) / (1,000 - 600)

Variable cost per unit= $15 per unit

Now, we can calculate the fixed costs:

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 16,000- (15*1,000)

Fixed costs= $1,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 10,000 - (15*600)

Fixed costs= $1,000

6 0

1 year ago

In spring 2014, Parmac Engineering Company signed a $160 million contract with the city of Parkersburg, to construct a new city

xz_007 [3.2K]

Answer:

c. $64 million

Explanation:

For computing the revenue recognized, first we have to determine the percentage which is shown below:

= Cost incurred in 2014 ÷ expenses incurred

= $48 million ÷ $120 million

= 40%

And, the contract price is $160 million

So, the revenue recognized would be

= Contract price × percentage

= $160 million × 40%

= $64 million

8 0

2 years ago

The sea wharf restaurant would like to determine the best way to allocate a monthly advertising budget of $1000 between newspape

Andreas93 [3]

From what I understood in the problem, the total budget that covers all types of media is only $1,000 per month. For the allocation, each type of media would get at least 25% of the budget. If we infer on this information, there should only be 4 types of media, at least. This is because four 25% portions would equal to 100%. If it exceeds 25% for each of the four types, it would be over the $1000 budget. With that being said, it is also possible that there will be 3 or 2 types of media. Nevertheless, let's just stick to the least assumption of 25% for each of the 4 types.

If local newspaper advertising is one of the four types, then:

$1000(25%) = $250

It would get $250 from the overall budget.

5 0

1 year ago

Navim Jain sold stock to investors in order to finance Sparkart, LLC, a company that markets software to track how many times mu

guapka [62]

Answer:

Equity financing

Explanation:

Equity financing is the kind of financing, which involves or comprise of a procedure for raising the capital or funds by the sale of the shares. The companies raise the money because they have a short term need in order to pay the bills or might have a objective and needs the funds or money to invest for the purpose of growth.

So, in short, it is a form or kind of financing which comprise of raising the funds or money by selling the shares or stock in a business.

Under this case, the Navim used the equity financing as he sold the stock of the company to investors in order to finance.

3 0

1 year ago

Tyler company has been approached by a new customer with an offer to purchase 6,000 units of its product kr200 at a price of $11

Lilit [14]

So tyler company gets new customer which purchase 20% of the production whcih company sales during business year with th 40% discount.

8 0

2 years ago