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For the month of April, budgeted sales were $100,000 and budgeted cost of goods sold was $80,000. Actual sales were $80,000 and actual cost of goods sold amounted to $90,000. In preparing its monthly performance report:
A. an unfavorable cost variance of $20,000.
B. a favorable cost variance of $20,000.
C. a favorable cost variance of $10,000.
D. an unfavorable cost variance of $10,000.
E. None of these.
A small town with one hospital has 2 ambulances to supply ambulance service. Requests for ambulances during non holiday weekends average .50 per hour and tend to be Poisson-distributed. Travel and assistance time averages 2 hours per call and follows..
If productivity can be increased to 0.11 vans per hour, how many hours would the average laborer work that month ?
The new office supply discounter, Paper Clips, Etc. (PCE), sells a certain type of ergonomically correct office chair that costs $400. The annual holding cost rate is 40% of the item cost, annual demand is 1200 units, and the ordering cost is $25 per..
What is the primary competitive forces impacting U.S. steel producers. Do you believe these competitive forces negatively or positively impact the steel industry's competitive structure. Why or why not.
It is quite possible that when you solve a linear programming application you may get fractional values for the decision variables as an optimal solution. For example, if your decision variables are how many trains and buses to run daily to meet expe..
Illustrate what is the minimum-price order quantity for the shoes. Illustrate what are the annual savings of your inventory policy over the policy presently used.
A company produces 51 units of output per hour using 8 workers. Each worker is paid $12 per hour. Materials cost $15 for each unit of output produced. Overhead is charged at 1.2 times the labor expense. Finished units sell for $68 each. Calculate the..
for this assignment write a 2 page paper in apa format plus cover sheet and reference page that discusses the
Developing Risk Mitigation Strategies. Develop a preliminary risk mitigation strategy for each of risk factors identified in Problem. If you were to prioritize your efforts which risk factors would you address first.
On November 1, Debbit, an accountant, and Barrister, a lawyer, contracted for the sale by Debbit to Barrister of the law books Debbit had inherited from his father. Barrister agreed to pay the purchase price of $10,000 when Debbit delivered the books..
How should a country regulate labor unions to best insure both labor peace and worker productivity?
Extend your learning by setting SMART goals and integrating self-leadership into your goal setting. According to Fowler, Blanchard, and Hawkins in Self-leadership and the One Minute Manager, a self-leader is a person
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