Jordan, the CEO of Sinc Co., believes in providing employees with a flexible and open environment to enhance their skills and growth in the company. In the context of performance management and ethical issues associated with it, which of the following would Jordan most likely oppose and why?
Multiple Choice - meetings because they question the integrity of performance appraisal Information provided by managers - 360-degree appraisal because it gathers information from colleagues and subordinates, which can make the employees self-conscious
- having a legally defensible performance management system because it focuses on scrutinizing employees who file a case against the company
- electronic monitoring systems because they make the employees feel like robots and that they are being watched - top management carrying out performance appraisal of employees because it may lead to appraisal politics
Answers
In the context of performance management and ethical issues associated with it, Jordan, the CEO of Sinc Co., would most likely oppose electronic monitoring systems because they make employees feel like robots and that they are being watched.
What is performance management, Performance management is a process by which an organization's goals are achieved through the effective management of people and resources. Performance management involves the setting of goals and objectives, the measurement of progress towards those goals, and the development of strategies to improve performance. Performance management also includes the identification of issues and the development of strategies to address those issues.
What are ethical issues in performance management, Ethical issues in performance management can arise when an organization does not provide a fair and objective evaluation of employees. Ethical issues can arise when an organization fails to provide employees with the necessary resources and support to achieve their goals. Ethical issues can also arise when an organization engages in practices that are perceived to be discriminatory or unfair to certain groups of employees.
What is the role of a CEO in performance management, The CEO plays a critical role in performance management by setting the tone for the organization. The CEO is responsible for ensuring that the organization's goals are aligned with the goals of individual employees. The CEO is also responsible for ensuring that the organization has the necessary resources and support to achieve those goals. The CEO is responsible for developing a culture of accountability and transparency. The CEO is also responsible for ensuring that the organization adheres to ethical standards in performance management.
What would Jordan most likely oppose and why? Jordan, the CEO of Sinc Co., believes in providing employees with a flexible and open environment to enhance their skills and growth in the company. In the context of performance management and ethical issues associated with it, Jordan would most likely oppose electronic monitoring systems because they make employees feel like robots and that they are being watched.
Jordan's focus on providing employees with a flexible and open environment suggests that he values trust and transparency. Electronic monitoring systems can undermine this trust by creating a sense of surveillance and control. Jordan would most likely view electronic monitoring systems as a threat to the culture of openness and trust that he has tried to establish within his organization.
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Related Questions
Which situation most directly illustrates a possible outcome of a fiscal
policy?
A. New environmental regulations make drinking water in a city safer.
B. The government decides it is time to print a great deal of new
money
O C. Struggling farmers receive less assistance from the government.
O D. A company decides to expand its operations into several new
states
Answers
Answer:
C
Explanation:
The correct answer would be option C that says that the struggling farmers receive less assistance from the government as fiscal policies are associated with determining the expenses and taxation policies to the various sectors to regulate the direction of the economy.
There are two types of Fiscal Policy that are Expansionary and Contractionary.
Expansionary fiscal policy:
deals with an increase in spending and/ or relaxing in taxation by the government so that consumers in the economy get more money.Contractionary policy:
deals with reducing spending and/ or increasing taxation.In this case, farmers did not get assistance from the government due to reducing the amount of Federal money available for farming and farmers is an illustration of Contractionary fiscal policy.
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Which is better 21 jump street or 22 jump street?
Answers
Answer:
according to my calculation its 21.
Explanation:
The Future Business Leaders of America (FBLA) is the best organization to
join for which of the following people?
A. A performing arts student who's going to theatre school
B. A high school student interested in management
C. A graphic design student who loves to draw and paint
OD. A culinary arts student who's going to study overseas
Answers
which of the following statements is always true? multiple choice the number of issued shares equals the number of outstanding shares plus treasury shares. the number of outstanding shares is never greater than the number of issued shares. the number of authorized shares equals the number of unissued shares plus issued shares. all of the statements are always true.
Answers
The statement that is always true is: "The number of authorized shares equals the number of unissued shares plus issued shares."
To clarify the terms used in this statement, let's define each of them:
1. Authorized Shares: These are the maximum number of shares a company is allowed to issue, as determined by its articles of incorporation or other legal documents. This number can be changed with shareholder approval.
2. Issued Shares: These are the actual number of shares a company has issued to shareholders. This number includes both outstanding shares and treasury shares. Issued shares cannot exceed the number of authorized shares.
3. Unissued Shares: These are the authorized shares that a company has not yet issued to shareholders. They can be issued in the future if the company decides to raise more capital.
4. Treasury Shares: These are shares that a company has issued and later repurchased from shareholders. Treasury shares are no longer considered outstanding shares, but they are still part of the issued shares.
This statement is always true because it represents the fundamental relationship between authorized, issued, and unissued shares in a company's stock structure.
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why planning is important before starting a business?
Answers
Answer:
So you can get ready to know 'how to make your business good'
If you don't plan, then you'll forget to setup something is may be important
Explanation:
Hope this helps :)
For those brave enough to act effectively now to stabilise and protect your business and maintain liquidity, opportunity will come." Explain whether the Statement of Cash Flows is able to illustrate the ‘liquidity' of an entity to its users and provide ONE recommendation how companies can maintain liquidity during this pandemic.
Answers
Answer:
1. Yes. Cash flows are able to illustrate liquidity.
2. Recommendations
a. Reducing levels of Inventory.
b. Negotiating Longer credit settlement period with suppliers.
Explanation:
One of the uses of a Cash flow Statement is its use in negotiating loans with bank and other lenders. Of interest to these parties is the liquidity of the entity.
Liquidity is the ability of an entity to honor its short-term obligations using its current assets. Liquidity is reflected in the Cash flow from Operating Activities of the Cash flow Statement.
Recommendation
Companies can maintain liquidity through reducing levels of inventory. Inventory ties up cash. Negotiating longer credit settlement period with suppliers can also increase liquidity.
What are the ways to know if the economy is operating efficiently?
Answers
There are several indicators that economists use to assess whether an economy is operating efficiently:
Low unemployment rate: Low unemployment rate indicates that the economy is utilizing all its available resources and is producing goods and services efficiently.
Steady economic growth: Steady economic growth, which is measured by Gross Domestic Product (GDP), indicates that the economy is expanding at a sustainable pace. If the economy is growing too fast, it could lead to inflation.
Stable prices: Stable prices, which is measured by the inflation rate, indicate that the economy is operating efficiently. If the inflation rate is too high.
Balance of trade: A balance of trade, which measures the difference between exports and imports, is another indicator of an efficient economy.
Efficient allocation of resources: The efficient allocation of resources, which refers to the use of resources in the most productive way possible, is another way to assess the efficiency of an economy. If resources are allocated efficiently.
Low income inequality: Low income inequality suggests that the benefits of economic growth are being shared across society, rather than being concentrated among a small group of people.
These are just a few of the indicators that economists use to assess whether an economy is operating efficiently. However, no single measure can capture the complexity of an economy, and economists often use a combination of these indicators to form a comprehensive picture of economic performance.
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How do you think your school should respond to this newest variant?
|
Answers
Act accordingly to the country's situation.
Summarize the issues faced by both hispanic americans and native americans during the 1960s. based on your findings, which group had the most to benefit by fighting for what they wanted?
Answers
Both Hispanic Americans and Native Americans faced significant challenges during the 1960s, but by advocating for their rights and pushing for change, they were able to make important strides towards equality and justice.
During the 1960s, both Hispanic Americans and Native Americans faced numerous challenges and injustices. Hispanic Americans, particularly those of Mexican descent, faced issues such as discrimination, segregation, and limited opportunities for education and employment. They also faced challenges with language barriers, political representation, and access to healthcare. Native Americans, on the other hand, were dealing with issues such as forced assimilation, loss of land and resources, and limited political representation.
When it comes to which group had the most to benefit from fighting for their rights, it's difficult to say as both groups faced significant challenges and had a lot to gain from pushing for change. However, many argue that Native Americans had the most to gain as they were dealing with issues of cultural genocide and the loss of their ancestral lands. The fight for Native American rights led to the passage of several important pieces of legislation, including the Indian Civil Rights Act of 1968 and the Indian Self-Determination and Education Assistance Act of 1975.
Overall, both Hispanic Americans and Native Americans faced significant challenges during the 1960s, but by advocating for their rights and pushing for change, they were able to make important strides towards equality and justice.
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Which expectation of an employer involves seeing employees dress appropriately and arrive at work on time?
Employees are expected to be punctual and dress appropriately, thus maintaining_____.
Answers
Answer:
office decorum
Explanation:
The term workplace decorum, in plain terms, refers to the basic collection of such rules that aim to make the workplace atmosphere a nicer environment to settle in. The term "office decorum" may make it look dense as well as packed with several implications, but in actuality it is a collection of basic instructions that you'll have to examine in an organization to work around each other.
Answer:
Professional Decorum
Explanation:
edmentum
Competitive firms will always try to earn more than a normal profit by doing the following, except
A. Adopting better production technology
B. Improving their business organization and operation
C. Developing new products
D. Raising the prices of their existing products
Answers
competitive firms adopt various strategies to earn more than a normal profit, such as adopting better production technology, improving their business organization and operation, and developing new products. However, raising the prices of their existing products is not always a viable strategy and can backfire if not executed correctly.
Competitive firms are always striving to earn profits, and this is essential for their survival and growth in the market. However, in a competitive market, earning more than a normal profit can be challenging as there are several players competing for the same customers. In such a scenario, firms have to adopt various strategies to gain an edge over their rivals.One such strategy is to adopt better production technology. By using advanced technology, firms can produce goods at a lower cost, which can help them increase their profit margins. For instance, if a firm uses automated machinery to produce its products, it can reduce its labor costs and increase efficiency, which can help it earn more profits.Another strategy is to improve their business organization and operation. By streamlining their operations, firms can reduce their overhead costs and increase their efficiency, which can help them earn more profits. For instance, if a firm implements better inventory management practices, it can reduce its inventory costs and increase its profitability.
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When submitting your résumé using an online fill-in-the-blank form, why is it better to copy and paste text from your résumé, rather than re-type the text?
Answers
To eliminate the risk of typos.
Individual sections of a resume must be copied and pasted into a slot on a Fill-in-the-blank form.Because your resume should be excellent, you'll want to copy and paste as much as possible from your original resume to eliminate the risk of typos. Only use important text if necessary, and proofread thoroughly.For more information:
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2. What are some banks, non-banks, technology and retail companies? Name 1 of each and explain what they are and what they do?
Answers
Banks are businesses that provide a range of financial services, such as mortgages, savings accounts, and loans. JPMorgan Chase, one of the biggest banks in the US, is an illustration of a bank. Financial services offered by JPMorgan Chase include banking, investing, and credit card services.
What are retail companies?Businesses that sell goods directly to customers are known as retail companies. Walmart, one of the biggest retailers in the world, is a good example of a retail business. Walmart runs a network of grocery stores, discount department stores, and hypermarkets and provides customers with a variety of goods and services.
Companies that provide financial services but lack a banking license are known as non-bank financial institutions. American Express, a provider of credit cards, debit cards, and other financial services, is one example of a non-bank financial institution.
Therefore, banks, non-banks, technology, and retail companies are stated above.
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refer to table 17-9. what is the nash equilibrium in this dorm room cleaning game? a.nadia: clean maddie: don't clean b.nadia: don't clean maddie: don't clean c.nadia: don't clean maddie: clean d.nadia: clean maddie: clean
Answers
Option (b), The nash equilibrium in this game of dorm room cleaning is Nadia: don't clean Maddie: don't clean.
Tell us about the Nash equilibrium.According to the game theory decision-making theorem known as the Nash equilibrium, a player can achieve the desired outcome by adhering to their initial strategy. Each player's strategy in the Nash equilibrium is the best one when considering the decisions made by other players.
What is the economic purpose of the Nash equilibrium?When used in the real world, the Nash equilibrium allows economists to predict how businesses will respond to pricing adjustments from rivals. By employing pricing strategies to compete against one another, two large firms will certainly squeeze customers more harshly than thousands of rivals.
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Outline three reasons for retrenchments at SAPO
Answers
The three reasons for retrenchment at SAPO are: Decline in Mail Volume, Financial Difficulties and Technological Advancements
What are the three reasons for retrenchment at SAPO?SAPO, which stands for South African Post Office, is a state-owned postal services company in South Africa that has faced several challenges in recent years. Here are three possible reasons for retrenchment at SAPO:
Decline in Mail Volume: One of the primary reasons for retrenchment at SAPO is the decline in mail volume, which has been caused by the increasing use of digital communication. As a result, the company's revenue has been decreasing, and it has had to reduce its workforce to cut costs.
Financial Difficulties: SAPO has been experiencing financial difficulties for several years, which have been exacerbated by mismanagement and corruption allegations. The company has had to rely on government bailouts to stay afloat, and retrenchment have been one of the measures used to reduce costs and improve the company's financial sustainability.
Technological Advancements: Another reason for retrenchment at SAPO is the adoption of new technologies, which have made some of the company's traditional services redundant.
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What+is+the+price+today+of+a+two-year,+default-free+security+with+a+facevalue+of+$1000+andan+annual+coupon+rate+of+6%?do
Answers
The value of the bond price is P = $989.41.
What is Economics?It is defined as a science that studies the analysis of resources, such as natural and monetary resources, with the purpose of creating wealth, consumption of goods and services, in order to meet human needs.
The equation we will use to answer this problem is given by the following expression:
P = CPN/1 + YTM1 + CPN/(1 + YTM2)² + --- + CPN+FV/(1 + YTM)ⁿ
Where the values of the variables are:
CPN = $60FV = $1000YTM1 = 0.06YTM = 0.066P = 60/1 + 0.06 + 60+1000/(1 + 0.066)²
P = $989.41
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When Christina looked at the tag on the dress she just purchase, she noticed it said "Made in Korea". By purchasing this dress, Christina is participating in the global economy.
Answers
Answer:
True
Explanation:
From the question, We are informed that when Christina looked at the tag on the dress she just purchase, she noticed it said "Made in Korea". By purchasing this dress,
In this case Christina is participating in the global economy. Global economy can as well be regarded as "world economy" which is an economic system where there is economic activities between different nation and within nations . Economic activities could be in term of production, exchange of financial values as well as consumptions, trading of various goods among nations.
Answer:
i think its true
Explanation:
im sorry if im wrong
For each lease below identify whether the short-term lease recognition exemption would be available. Fill in the columns by dragging and dropping the options from below, and then select Submit.
Answers
Here is the analysis of whether the short-term lease recognition exemption would be available for each lease:
How to explain the leaseLease 1: Lease term: 11 months
Option to purchase: No
The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and there is no option to purchase the underlying asset.
Lease 2:Lease term: 10 months
Option to purchase: Yes, but the lessee is not reasonably certain to exercise the option.
The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and the lessee is not reasonably certain to exercise the option to purchase the underlying asset.
Lease 3: Lease term: 11 months
Option to purchase: Yes, and the lessee is reasonably certain to exercise the option.
The short-term lease recognition exemption would not be available for this lease because the lease term is 12 months or less, but the lessee is reasonably certain to exercise the option to purchase the underlying asset.
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Please select the word from the list that best fits the definition under this program, parents may receive a voucher equal to the amount their state spends on education for their child.
Answers
The program that allowed for parents to receive a voucher for the amount their state spent on education for their child referred to School choice.
How did the government encourage home schooling?Under the concept of school choice, the state government would give a voucher to parents who elected to use homeschooling.
This voucher would be of the same amount that the government would have spent on educating the child if they had gone to public school.
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a budget is a detailed plan for the future that is usually expressed in formal qualitative terms. true false question. true false
Answers
A budget is a detailed plan for the future that is usually expressed in formal qualitative terms, true false question is false.
What is a budget?A budget is a calculation plan, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flows. Companies, governments, families, and other organizations use budgets to express strategic plans of activities in measurable terms.
A budget expresses intended expenditures along with proposals for how to meet them with resources.
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What is the biggest financial worry of most individuals and what can they do about it
Answers
General financial worries include: how to pay off debt, how to save money for college and school, how to invest money and where.
The solution would be to save money instead of having to take a loan from the bank, which will increase your debt. With proper planning one can avoid debt, if they plan for the future. Investment is something that should be studied and people would need to educate themselves about the market and investing. To save money for college and school, again proper financial planning is required and timely planning as well. One should plan years and months ahead of time when it comes to finance so that they don’t have to suffer from issues like debt and school or college fees.
2. What are the problems can someone have without personal finance knowledge?
Answers
QUESTION 2 of 10: Medicare is a government program funded by tax dollars to:
a) Provide health insurance to children
b) Provide health insurance to working adults
c) Provide hospital insurance for those over 65
Answers
An accountant passed the closing entries of the expenses and then closed all the expense accounts by crediting them. Which account should she debit to complete the dual aspect of the journal entry?
A.
income account
B.
income summary account
C.
revenue account
D.
purchase account
E.
equity account
Answers
Answer: Income Account
Explanation:
Also referred and Income Statement.
Answer:
Income summary account
Explanation:
Which career pathways require workers to train at special academies?
EMTs and Emergency Dispatchers
Crossing Guards and Lifeguards
Police Officers and Firefighters
Lawyers and Judges
Answers
Answer:
Police Officers and Firefighters
Answer:
the correct answer would be police officers and firefighters
Explanation:
hope this helps:)
economists generally agree that the most efficient way to address the problem of negative externalities is:
Answers
The most efficient way to address the problem of negative externalities is to use a market-based approach such as Pigouvian taxes or cap and trade systems.
These methods internalize the cost of the negative externality by imposing a tax or limit on the activity causing the harm, encouraging individuals and firms to reduce their emissions or production to avoid the additional cost. This creates an incentive to find the most cost-effective way to reduce the negative externality while also allowing the market to continue operating. Additionally, the revenue generated from these taxes or permits can be used to offset the costs of the negative externality or to fund research into cleaner technologies. While some argue that direct regulation may be more effective in some cases, market-based approaches are generally seen as more efficient and flexible.
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what does the release of earnings announcements have in common?
Answers
Answer:
Analysts estimate both of these things ahead of time. Engines are the most expensive and heavy component of an aeroplane, therefore they are meticulously developed.
Explanation:
If a stack is used by an algorithm to check for balanced braces, which of the following is true of a balanced braces string once the end of the string is reached? a. the stack is empty b. the stack has one "{" c. the stack has one "}" d. the stack has one "{" and one "}"
Answers
If a stack is used by an algorithm to check for balanced braces, a. the stack is empty is true of a balanced braces string once the end of the string is reached.
An algorithm is a finite series of rigorous commands, commonly used to remedy a category of particular issues or to perform a computation. Algorithms are used as specifications for performing calculations and statistics processing.
An set of rules is a set of instructions for fixing a hassle or accomplishing a undertaking. One commonplace example of an set of rules is a recipe, which consists of precise instructions for making ready a dish or meal.
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The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $2,900 plus $35 per job, and the actual mobile lab operating expenses for February were $4,530. The company expected to work 50 jobs in February, but actually worked 52 jobs.Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances and activity variances for February. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect Input all amounts as positive values.
Answers
As the company uses the number of jobs as its measure of activity, its flexible budget will change according to the level of activity.
A flexible budget performance report for AirQual Test Corporation's revenue and spending variances and activity variances for February is given below:AirQual Test CorporationFlexible Budget Performance ReportFebruary Activity Revenue and Spending Variances and Activity VariancesFlexible Budget Actual Results Revenue Variance,Spending Variance Activity VarianceNumbe $47,500, $49,400 F $1,900Expenses:Mobile lab operating expenses $4,400 $4,530 None $130Depreciation expense $3,500 NoneRent expense $3,000 NoneUtilities expense $2,300 $2,360 U $60Total expenses $13,200 $13,390 U $190Net operating income $34,300 $35,010 F $710The flexible budget is determined by multiplying the actual level of activity by the budgeted variable costs per unit of activity and adding the budgeted fixed costs. Revenue variance is the difference between actual revenue and budgeted revenue at the actual level of activity. An unfavorable variance occurs when actual revenue is less than budgeted revenue, and a favorable variance occurs when actual revenue is greater than budgeted revenue. In February, AirQual Test Corporation's actual revenue was $1,900 greater than budgeted revenue, which is a favorable variance.The spending variance is the difference between actual expenses and budgeted expenses at the actual level of activity. An unfavorable variance occurs when actual expenses are greater than budgeted expenses, and a favorable variance occurs when actual expenses are less than budgeted expenses. In February, AirQual Test Corporation's actual expenses were $190 greater than budgeted expenses, which is an unfavorable variance.Activity variance is the difference between flexible budget net operating income and static budget net operating income. The activity variance is favorable when the actual level of activity is greater than the budgeted level of activity and unfavorable when the actual level of activity is less than the budgeted level of activity. In February, the actual level of activity was greater than the budgeted level of activity, resulting in a favorable activity variance of $710.To prepare a flexible budget performance report for AirQual Test Corporation, we need to compare the budgeted and actual revenues and expenses based on the number of jobs completed. Here is the report:
1. Revenue:
Expected revenue per job: Not provided
Actual revenue per job: Not provided
Revenue variance: Cannot be calculated without revenue data
2. Mobile Lab Operating Expenses:
Budgeted expenses (50 jobs): $2,900 + ($35 x 50) = $4,650
Actual expenses (52 jobs): $4,530
Spending variance: $4,650 - $4,530 = $120 (F)
3. Activity Variances:
Expected number of jobs: 50
Actual number of jobs: 52
Activity variance: 52 - 50 = 2 jobs (F)
4. Total Variance:
Since revenue information is not provided, the total variance cannot be calculated.
Summary:
Revenue variance: Cannot be calculated
Spending variance: $120 (F)
Activity variance: 2 jobs (F)
In conclusion, AirQual Test Corporation had a favorable spending variance of $120 and a favorable activity variance of 2 jobs for February. However, the revenue variance cannot be calculated due to the lack of revenue data provided in the question.
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Based on the given information, we can prepare a flexible budget performance report for AirQual Test Corporation's revenue and spending variances and activity variances for February.
Firstly, let's calculate the flexible budget for February using the given formula:
Flexible budget = Total fixed costs + (Variable cost per unit x Actual units of activity)
Mobile lab operating expenses = $2,900 + ($35 x 52) = $4,820
Now, let's compare the actual results with the flexible budget to calculate the variances:
Revenue variance = Actual revenue - Flexible budget revenue
There is no information given about revenue, so we cannot calculate this variance.
Spending variance = Flexible budget - Actual expenses
Spending variance = $4,820 - $4,530 = $290 (F)
This indicates that the company spent $290 less than what was budgeted for mobile lab operating expenses in February.
Activity variance = Flexible budget - Budgeted amount
Activity variance = $4,820 - ($2,900 + ($35 x 50)) = $235 (U)
This indicates that the company performed 2 more jobs than what was budgeted for in February, leading to an unfavorable activity variance of $235.
Overall, the company spent less than what was budgeted for mobile lab operating expenses, but performed more jobs than what was budgeted for, leading to an unfavorable activity variance.
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A t-shirt shop has been testing different prices for their #2 selling t-shirt. The data showing how many they sold at each price on different days is shown in the table below. Use quadratic regression to model the data, and then calculate how many shirts they should expect to sell if the price is $8.99 each. Use that number to calculate about how much profit they would make if the shirts cost $4.73 each to produce.
Answers
Based on the quadratic regression model, the t-shirt shop would expect to sell approximately 52 shirts if the price is set at $8.99 each. Assuming the cost of producing each shirt is $4.73, the shop would make an estimated profit of approximately $183.96.
To model the data using quadratic regression, we will use the given data points of prices and corresponding quantities sold. The data points are as follows:
Price ($): 6.99, 7.99, 8.99, 9.99, 10.99
Quantity Sold: 70, 60, 50, 40, 30
Performing a quadratic regression analysis, we can find the quadratic equation that best fits the data points. The equation will be in the form of:
Quantity Sold = a * Price^2 + b * Price + c
By performing the regression analysis, we can find the coefficients a, b, and c that provide the best fit for the data. Once we have the equation, we can substitute the price of $8.99 to estimate the quantity sold.
After calculating the estimated quantity sold, we can then calculate the estimated profit. The profit is calculated by multiplying the quantity sold by the profit per shirt, which is the difference between the price and the cost of production.
Using the calculated quantity sold and the given cost of producing each shirt, we can determine the estimated profit.
Based on the quadratic regression model, the t-shirt shop can expect to sell approximately 52 shirts if the price is set at $8.99 each. With a production cost of $4.73 per shirt, the estimated profit would be approximately $183.96. This analysis allows the t-shirt shop to make informed decisions regarding pricing and profitability, enabling them to optimize their sales strategy and maximize their profits.
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