Answer:
Total hours worked = 17,550 hours
Explanation:
Labour hours efficiency variance = labour efficiency variance/standard labour cost per hour
The hourly standard labour cost = $24
= 1,200/24= 50 hours
Labour variance (in hours) = Actual labour hours - Standard hours for actual units produced
The standard labour hours allowed for the production of 875 cranes is:
= 20 × 875 = 17,500 hours
Let the actual hours be "y"
50 = y - 17500
y = 50 + 17500
y= 17,550 hours
Total hours worked = 17,550 hours
Answer:
c. strategic network.
Explanation:
The relationship detailed in the question exemplifies a strategic network. This concept involves the organized collaboration among independent firms, fostering enduring business relationships, communication, and cooperation among the network participants, which is precisely the situation between Toyota and its suppliers.
A federally insured account has several benefits:
- It is typically more secure due to government-backed insurance; if the account is compromised, the government guarantees reimbursement.
- Creating a joint account is simpler for married couples.
However, there are some downsides:
- The interest rates on these accounts often lag behind inflation, which essentially diminishes the account’s value over time.
- There is a cap of $250,000, meaning any amount above this limit cannot be added to the account.
Answer:
Retained profits.
Explanation:
This typically happens when a business funds its operations through earnings generated from the sale of goods or services.
The income that Carol's Clothiers earns from the sales it conducts, referred to as retained earnings, acts as the main source of capital for expanding their operations.
Furthermore, as an LLP (limited liability partnership), where certain or all partners may have restricted responsibilities, they can utilize their retained earnings to provide dividends to shareholders or to repurchase shares.
Answer:
The Beatles arrived at Abbey Road Studios.
Explanation:
George Martin, who was born in 1926, had a passion for music and began piano lessons when he was six years old. In 1962, The Beatles first entered Abbey Studio and met George Martin for the debut time at the EMI studio located in London.
