Kelsey, the main purpose of the visuals in the committee's report will be to communicate information regarding constituencies' perceptions of Oakdale Hospital. And, Committee members should do all of the following EXCEPT use only those visuals that require data-generated visuals, such as the yes/no data.
1. The main purpose of the visuals in the committee's report is to communicate information regarding constituencies' perceptions of Oakdale Hospital. The visuals are meant to enhance the report's visual appeal, not to replace writing, meet the required report length, or promote the writer's credibility.
The visuals will help make the data more understandable and accessible to the audience, which includes the CEO and the public, that is why the report is being made public. So, the correct option is "to communicate information regarding constituencies' perceptions of Oakdale Hospital."
2. The committee members should do all of the following when organizing the data in their visuals: determine whether the visual is appropriate for the audience, consider what colors will help convey the data, decide which data from each group's responses they want to emphasize, and decide when in the report it will be most appropriate to present the visuals.
They should not use only those visuals that require data-generated visuals such as the yes/no data because other visuals, such as graphs and charts, can be used to present the data as well. It's important to consider other types of visuals as well, especially for open-ended questions where respondents shared their thoughts and opinions.
Thus, the correct option is "use only those visuals that require data-generated visuals, such as the yes/no data."
To know more about visuals , refer here
https://brainly.com/question/29432198#
#SPJ11
If a country has a trade surplus of $40 billion, which of the following can be true? a. The country's exports are $110 billion, and its imports are $150 billion b. The country's exports are $120 billion, and its imports are $140 billion c. The country's exports are $160 billion, and its imports are $120 billion d. The country's exports are $140 billion, and its imports are $40 billion
Based on this information, it can be deduced that if a country has a trade surplus of $40 billion, the country's exports are greater than its imports. The correct option that shows this scenario is option d.
If a country has a trade surplus of $40 billion, the country's exports should be greater than its imports, which indicates that the country is earning more from selling goods and services than it is spending on imports. A trade surplus is calculated as exports minus imports, and a positive trade balance suggests that a country is generating a surplus that can be used to pay off its debt, invest in its economy, or lend to other nations.Based on this information, it can be deduced that if a country has a trade surplus of $40 billion, the country's exports are greater than its imports. The correct option that shows this scenario is option d.
To know more about trade visit:
https://brainly.com/question/1578270
#SPJ11
influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
For more about Business Environment refer to the link : https://brainly.com/question/26589766
Personal finance skills have the most significant impact on an individual’s
Answer:
quality of life.
Explanation:
Financial skills are those skills that help to manage finances, maintain financial stability, etc. These skills are usually acquired by financial analyst, financial managers, accountants, etc.
Personal financial skills are the same, but having such personal skills helps one to maintain personal financial flow. It enhances ones quality of life. A person who aquires personal financial skills will be able to maintain the budget, will be able to know right things and ways to spend money on, will have low debts tensions, etc.
Thus the correct answer would be 'that the person will have a quality of life.'
Answer:
C: Quality of life
Explanation:
on edge2021! hope this helps!~ (*^▽^*)
g many economists argue that, in the long run, the economy self-corrects and achieves full employment. this argument is known as the:
In the long run, the economy self-corrects and achieves full employment. this argument is known as the natural rate hypothesis.
A crucial idea in the study of economic activity is known as the natural rate of unemployment. The invention of the idea is recognised as a key reason why Milton Friedman and Edmund Phelps, who tackled this "human" problem in the 1960s, both got the Nobel Memorial Prize in Economic Sciences for their work. The concept can be summed up simply as follows: "The natural rate of unemployment is the proportion of the workforce who are unemployed while an economy is in a stable state of "full employment." The natural unemployment rate is primarily influenced by the supply side of the economy, and consequently by production potential and economic institutions. The natural rate of unemployment may include involuntary unemployment if these institutional elements include persistent pay or labour market mismatches. When the labour and resource markets are in equilibrium, the natural rate of unemployment is a combination of frictional and structural unemployment that endures in an effective, increasing economy.
To know more about Natural rate hypothesis
https://brainly.com/question/14018449
#SPJ4
Franklin Inc., an apparel manufacturer based in Scotland, opened a new store in the United States. Franklin's designs were well received by consumers in the host country. However, the firm incurred very high expenses due to the expensive rents and the higher costs of labor. Also, there was a hike in the price of fuel in the United States. This led to increased expenditures on the transportation of goods. This indicates that Franklin Inc. had serious issues in the United States due to poor: Group of answer choices
Answer:
Economic conditions
Explanation:
Since in the question it is mentioned that the firm would incurred greater amount of expenses because of the expensive rents and the labor cost also their would be increase in the fuel price due to this it would increase the expenditure on the transportation so here the serious issues would be with the economic conditions as the price expenses denotes the economics
Therefore it represent the economic conditions
The critical ratio control chart uses a ratio made up of two parts -- the ratio of actual progress to scheduled progress, and the __________.
a) ratio of earned value to planned cost
b) ratio of budgeted cost to actual cost
c) ratio of actual cost to budgeted cost
d) ratio of planned cost to earned value
Why is the Critical Ratio Control Chart important A control chart is a graph that depicts how well a process is performing compared to what is expected. It's a visual representation of a process that shows how the process changes over time.
A control chart primary function is to assist process owners in detecting changes in their process so that they may respond accordingly. The Critical Ratio Control Chart is a quality control chart that uses the critical ratio concept to track the progress of the project.
To know more about progress visit :
https://brainly.com/question/30532251
#SPJ11
which is the smallest number that can be divided by 15 16 and 21 leaving a reminder of 3
The smallest number will of course be seven; however, you most likely meant the smallest number other than seven.
To meet the criteria stated, n-7 must be a multiple of 15, 21, and 18. Since 0 is a multiple of all numbers, 7 works for this, but to find the second-smallest, we will have to find the smallest number (othed than 0) that is a multiple of all three, the LCM.
We start with the prime factorization of each numbers
15=3×5
21=3×7
18=2×3×3
We now multiply the prime factors together, but factors that multiple numbers have in common ard only counted once. Therefore, the LCM is 2×3×3×5×7. Not that we still multiply by 3 twice because the number 18 has three as a factor twice. However, we don't count it a third our fourth time even though it is a factor of the other numbers. 2×3×3×5×7=630, so 630 is the LCM of 15, 21, and 18. Therefore 637 will have a reminder of 7 when divided by either of them.
b. in panel (b), what is the slope of the line? (round to two decimal points.)
The slope of the line in panel (b) is 1.00. The slope of the line in panel (b) can be determined by using the slope formula, which is (y2 - y1) / (x2 - x1). To find the slope, we need to identify two points on the line and plug them into the formula.
The slope of a line is a measure of how steeply it rises or falls as it moves horizontally. It is defined as the ratio of the change in the y-coordinate (vertical distance) to the change in the x-coordinate (horizontal distance) between any two points on the line. Let's choose the points (1, 2) and (3, 4) on the line. Plugging these points into the formula, we get:
slope = (4 - 2) / (3 - 1)
slope = 2 / 2
slope = 1
Therefore, the slope of the line in panel (b) is 1.00.
Know more about slope here:
https://brainly.com/question/19131126
#SPJ11
If a business decides to act outside of the prevailing ethical norms of that community.
Normative ethics is the branch of ethics that Ingrid's beliefs reflect. If a company decides to behave outside of the community's accepted ethical norms.
What are Normative ethics means?Normative ethics is the study of ethical behavior and the part of philosophical ethics that addresses concerns about how one ought to conduct morally. Normative ethics differs from meta-ethics in that the former investigates moral standards and the metaphysics of moral facts, whilst the latter investigates the meaning of moral language and the metaphysics of moral facts. Similarly, normative ethics differs from applied ethics in that the former is concerned with 'who ought one to be rather than the ethics of a particular topic. Normative ethics differs from descriptive ethics in that the latter is an empirical study of people's moral ideas. In this setting, normative ethics is also referred to as prescriptive ethics.
To learn more about normative ethics, click
https://brainly.com/question/28882931
#SPJ1
which of the following is a characteristic of a prepaid group practice? which of the following is a characteristic of a prepaid group practice? insurance company reimburses beneficiary for out-of-pocket expenses physician is paid a flat fee per person regardless of services rendered physicians are employees of the hmo physicians are paid for the specific services they render
A prepaid group practice is a type of health maintenance organization (HMO) where members pay a fixed amount of money for healthcare services within a defined network of healthcare providers. One of the characteristics of a prepaid group practice is that physicians are paid a flat fee per person regardless of services rendered.
This means that the physician receives a fixed amount of money for each member of the group practice, regardless of how often they see the doctor or what services they receive. This payment structure is intended to encourage preventive care and discourage unnecessary medical procedures or tests.
Another characteristic of a prepaid group practice is that physicians are employees of the HMO. This means that they are not independent contractors but are instead employed by the HMO. This allows the HMO to have more control over the quality and cost of healthcare services provided to its members.
A third characteristic of a prepaid group practice is that insurance company reimburses the group practice for all the services provided to its members. This means that the members do not have to pay out-of-pocket expenses for covered services. The HMO assumes the financial risk for providing healthcare services to its members, and the insurance company reimburses the HMO for the cost of these services.
In summary, the characteristics of a prepaid group practice include physicians being paid a flat fee per person regardless of services rendered, physicians being employees of the HMO, and the insurance company reimbursing the group practice for all services provided to its members. These characteristics are intended to promote cost-effective and high-quality healthcare services for HMO members.
For more such questions on fixed amount
https://brainly.com/question/20670674
#SPJ11
Answer the following questions. For getting full mark - try not to copy paste from the notes.
1. What is the difference between interstate and intrastate commerce? [2 marks]
2. What are the ways that the government can deal with a monopoly? [2 marks]
3. What kinds of property are protected by copyrights? [2 marks]
MATH SKILLS
Frank and his wife Mara have separate investment accounts. Frank’s account has $7,680 invested in stocks and $2,560 in bonds. Mara’s total investment in stocks and bonds is $4,000 split in the same proportion as her husband’s. Write and solve a proportion to calculate how much Mara has invested in bonds. [4 marks]
Proportions
A proportion is an equation with equivalent ratios on each side. When one of the four numbers in a proportion is unknown, the proportion may be solved by using cross products to find the unknown number. Question marks or letters are frequently used in place of the unknown number.
Answer Hint:
Mara has $1,000 invested in bonds. To find the unknown value that represents the value of Mara’s bond investment, you need to know the proportion of Frank’s bond investment. Set up this equation:
Frank’s Total ÷ Frank’s Bonds = Mara’s Total ÷ Mara’s Bonds
$10,240 ÷ $2,560 = $4,000 ÷ ?
4 = $4,000 ÷ ?
$1,000 = ?
Answer:
1. You are engaging in Interstate commerce by transporting goods across state lines. Intrastate trucking means that you drive your commercial motor vehicle only within a state's boundaries and that you do not fit any of the other descriptions of interstate commerce.
2. The government can regulate monopolies through: Price capping – limiting price increases. Regulation of mergers. Breaking up monopolies.
3. Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.
(NOT GOOD AT MATHS LOL)
Question 2 Fusion Team allows you to create Meetings, Discussions and _______ to help keep on track of
Fusion Team allows you to create meetings, discussions and Wiki pages to help keep on track of projects.
What is a Wiki page?
A wiki is a website created for groups of individuals to easily record and share ideas by building straightforward pages and connecting them. A wiki can be utilised by your company in a number of ways. An Enterprise wiki allows for the large-scale sharing of enormous amounts of data.
How are wiki pages operated?
A wiki is, in the simplest terms possible, a website, database, or online community that is run by its users. Therefore, each user has the ability to add, amend, or delete content. Wikis typically feature various pages devoted to various subjects or themes. A wiki engine, also referred to as wiki software, powers them.
Learn more about wiki - brainly.com/question/15719733
#SPJ4
The correct answer is Fusion Team allows you to create Meetings, Discussions and to help keep on track of Wiki Pages.
You may access your Fusion 360 and project data through a Fusion Team, and the data is kept in the cloud. You can manage roles (permissions), files, versions, markups, and make comments with Fusion Team. You can even restore deleted files. Members of your Fusion Team can be invited, and you can manage their access to your files. Software for teamwork is available as part of Autodesk Fusion 360 Team Participant. On any device, anywhere, share, evaluate, and manage design work. The Lift Controller Pitagora 4.0 by DMG can have all of its key settings controlled using the comprehensive and user-friendly dashboard provided by FUSION. Utilize FUSION from your smartphone to execute predictive maintenance, change lift settings, perform system diagnostics, and track the condition of system inputs and outputs.
To learn more about Wiki Pages click the link below:
brainly.com/question/28653161
#SPJ4
If you are projecting your future financially, what are your
doing?
Risking
Forecasting
Managing
Expanding
Answer:
Forecasting
Explanation:
Because a weather forecast looks ahead for weather. You are forecasting your financial future
The entity that promises to make the interest and maturity payments for a bond issue is called the:.
The entity that pledges to make the interest and maturity payment for bond issues is called the issuer.
Who is a Bond issuer?
A bond is a completely fixed instrument that reflects an investor's debt to a borrower.
Bonds terms and conditions include the end date when the capital of the loan is scheduled to be paid to the bond owner with a fixed or variable interest payment.
Bond Issuers are businesses or entities that generate and take loans from people who buy bonds in exchange for periodic interest and repayment of the principal amount when the bonds mature.
Learn more about who is a Bond issuer here:
https://brainly.com/question/25525397
a) lowers the standard of living in all trading countries. b) raises the standard of living for importing countries and lowers it for exporting countries. c) raises the standard of living in all trading countries. d) leaves the standard of living unchanged.
International trade is the transfer of goods and services between countries. Global trade enables countries to make better use of their resources, whether they are labor, technology, or money.
What exactly is international trade?International trade is the exchange or of goods and services between different countries. This type of trade benefits and expands the global economy.
What is the significance of international trade?Trade is critical to China's prosperity because it fuels economic growth, supports good jobs at home, raises living standards, and allows Americans to provide inexpensive goods and services for their families.
To know more about International trade visit:
https://brainly.com/question/14554816
#SPJ4
What term best describes a physical version of a product that is developed during the technical development phase of the new product development process
Answer:
This is true but an Engineer is much more than that. They are the professionals of engineering, who do the invention, analyze, design and test complex systems, machines, structures, machines for fulfilling the functional objectives gadgets as well as the requirements while taking into consideration the limitations that come up due to practicality, safety, regulations, and cost.
Explanation:
Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 57,000 units of RX5 follows. Direct materials $ 5.00 Direct labor 9.00 Overhead 10.00 Total costs per unit $ 24.00 Direct materials and direct labor are 100% variable. Overhead is 80% fixed. An outside supplier has offered to supply the 57,000 units of RX5 for $20.00 per unit. Required: 1. Calculate the incremental costs of making and buying component RX5.
Answer
Making the product 922,000
Buying the product 1,140,000
Explanation:
Total Incremental Costs of:
Making the Units Buying the Units
Direct Material295,000 (5*57000)
Direct Labor 513,000
(9*57000)
Overhead 114,000
(10-(10*80%)*57000
Purchase Price 1,140,000 (20*57000)
Total Costs 922,000 1,140,000
Answer:
To Make Incremantal Costs = $ 912,000
To Buy Incremental Costs = $ 1,140,000
Explanation:
incremental costs of making and buying component RX5
To Make Incremantal Costs
Direct materials $ 5.00 × 57,000 units 285,000
Direct labor $9.00 × 57,000 units 513,000
Overhead $10.00 × 20% × 57,000 units 114,000
Totals 912,000
To Buy Incremental Costs
Purchase Price $20.00 × 57,000 units 1,140,000
Totals 1,140,000
Note : Fixed Overheads have been excluded as they are incurred whether or not the Haver Company makes or buys the component RX5. Thus not incremental.
Which of the following is the term used to describe costs which change day to day, week to week and month to month based on business activities?
Answer:
Variable costs
Explanation:
Variable costs is the term that describes business costs that vary with the production level. An increase in output increases the variable costs. Variable costs are progressive and increase or decrease with the production volume.
Examples of variable costs include raw material and distribution costs. Variable costs contrast with fixed costs, which remain constant throughout a financial period.
identify the step of the contingency planning process that requires a specification of both the level at which an alert will be called and the combination of events that must occur before the firm reacts.
The step of the contingency planning process that requires a specification of both the level at which an alert will be called and the combination of events that must occur before the firm reacts is the development of trigger criteria. Trigger criteria are predetermined thresholds or conditions that, when met, signal the need for a particular action or response.
These criteria help ensure that the firm is prepared to respond quickly and appropriately to potential disruptions or crises.
The step of the contingency planning process you're referring to is called "Establishing Thresholds and Triggers." In this step, the organization specifies the level at which an alert will be called (threshold) and the combination of events that must occur before the firm reacts (triggers). This step is crucial for determining when to initiate the contingency plan and helps the organization respond effectively to potential disruptions.
To know more about contingency plans visit:
https://brainly.com/question/29890665
#SPJ11
Find the interest earned on $15,000 invested for 5 years at 4% interest compounded as follows. a. Annually b. Semiannually (twice a year) c. Quarterly d. Monthly e. Continuously a. Compounding annually, the interest earned is \$ (Round to the nearest cent as needed.) b. Compounding semiannually, the interest earned is $ (Round to the nearest cent as needed.) c. Compounding quarterly, the interest earned is $ (Round to the nearest cent as needed.) d. Compounding monthly, the interest eamed is \$ (Round to the nearest cent as needed.) e. Compounded continuously, the interest earned is $ (Round to the nearest cent as needed.)
To calculate the interest earned on $15,000 invested for 5 years at 4% interest, compounded annually, semiannually, quarterly, monthly, and continuously, we need to use the compound interest formula with different compounding periods.
For compounding annually, we use the formula A = P(1 + r/n)^(nt), where A is the final amount, P is the principal (initial investment), r is the interest rate, n is the number of compounding periods per year, and t is the number of years. Plugging in the values, we have A = 15000(1 + 0.04/1)^(1*5) - 15000, which gives us the interest earned.
For compounding semiannually, we use n = 2 (twice a year), and for compounding quarterly, we use n = 4 (four times a year). Similarly, for compounding monthly, we use n = 12 (twelve times a year). For continuous compounding, we use the formula A = Pe^(rt), where e is Euler's number (approximately 2.71828).
By plugging in the values into the respective formulas and subtracting the principal from the final amount, we can calculate the interest earned for each compounding period mentioned in the question.
Learn more about interest rate here:
https://brainly.com/question/28236069
#SPJ11
A bank gives three loans totaling $500,000 to a development company for the purchase of three business properties. The largest loan is $200,000 more than the sum of the other two and the smallest loan is one-half of the next largest loan. Represent the amount of money in each loan from smallest to largest as x, y, and ? respectively a. Choose the system of three equations in three variables that represents the problem ОА. x+y+z=500.000 -X-y+=200,000 oc x+y+z = 500,000 - X-y2 = 200,000 --x-yz = 500,000 x+y+z=200,000 x-y- 0 0 b. Use a matrix equation to solve the system and find the amount of each loan $_y=$z=52 (Type an exact answer in simplified form) X
Solving this problem through matrix equation, we get $_x=$50,000, $_y=$100,000, and $_z=$350,000 for each loan.
Let x be the smallest loan. Then y will be twice of x i.e., y = 2x.
Let z be the largest loan.We know, the largest loan is $200,000 more than the sum of the other two.
Thus, z = x + y + $200,000
z = x + 2x + $200,000
z = 3x + $200,000
But, the bank gives three loans totaling $500,000.
So, x + y + z = $500,000x + 2x + (3x + $200,000)
= $500,0006x + $200,000
= $500,0006x
= $300,000x
= $50,000 So, x = $50,000 And y = 2x
= 2($50,000)
= $100,000z
= 3x + $200,000
= 3($50,000) + $200,000
= $350,000
Therefore, the amount of money in each loan from smallest to largest is $50,000, $100,000, and $350,000 respectively.
So, the matrix equation for the system of linear equations can be written as:$$\begin{bmatrix}1&1&1\\-1&-1&1\\1&2&1\\\end
{bmatrix}\begin{bmatrix}x\\y\\z\end{bmatrix} = \begin{bmatrix}500000\\200000\\0\end {bmatrix}$$
Solving this matrix equation, we get the following values of x, y, and z:$$x = 50000, y = 100000, z = 350000$$
To know more about amount visit:
brainly.com/question/14541623
#SPJ11
1. Clark is the kind of manager that values input from his team and likes to involve them in the decision-making process. He prefers to avoid micromanagement and works hard to make
sure that his employees are well taken care of and empowered to make decisions. Based on this, what kind of manager is Clark?
reductive manager
exploitative manager
о
confrontational manager
democratic manager
Answer:
democratic manager
Explanation:
A democratic manager invites participation from members in the decision-making process. In this leadership style, every member is encouraged to contribute their ideas and opinions. Members' involvement leads to increased feelings of recognition and satisfaction.
Democratic leadership is also referred to as participative leadership. It contrasts with autocratic leadership, where the leader makes all the decisions without consultation.
Say a certain manufacturing industry has 63. 1 thousand jobs in 2008, but is expected to decline at an average annual rate of 1. 7 thousand jobs per year from 2008 to 2018. Assuming this holds true, what will be this industry’s percent change from 2008 to 2018?.
The per cent change from 2008 to 2018 will be approximately -27%.
Given data: A certain manufacturing industry has 63.1 thousand jobs in 2008, but it is expected to decline at an average annual rate of 1.7 thousand jobs per year from 2008 to 2018. We have to determine the per cent change from 2008 to 2018.
Using the formula for per cent chance we can calculate the per cent change from 2008 to 2018:
Per cent change = (New value - Old value) / Old value x 100Let us first calculate the number of jobs in 2018.
Number of jobs in 2018 = Number of jobs in 2008 - Total decline in the number of jobs from 2008 to 2018= 63.1 - (1.7 x 10) (as the decline is at the rate of 1.7 thousand per year for 10 years)= 63.1 - 17= 46.1 thousand jobs therefore, the per cent change from 2008 to 2018 will be: Percent change = (New value - Old value) / Old value x 100= (46.1 - 63.1) / 63.1 x 100= -17 / 63.1 x 100≈ -27% (approximate value)Therefore, the per cent change from 2008 to 2018 will be approximate -27%.
to know more about per cent here;
brainly.com/question/31323953
#SPJ11
Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can collect from users without their permission. The United States does not have comparable laws to protect consumer privacy on the Internet. Collecting this information is beneficial for firms because then they can tailor marketing messages that better fit its users' needs. These better marketing campaigns can provide them with a competitive advantage. Acme Corporation uses cookies and other devices to collect information. Its privacy policy explicitly informs users that it collects information. However, most people do not read through the policy. Lately, some consumers have complained because they are worried that their information could be compromised. They question the security of the site. Acme wants to restore confidence and prove that it has controls in place. Refer to Scenario 3.2. What type of environmental force does this issue involve?
a. Greyhound bus system
a company decides to reduce its number of distribution centers (logistically postpone). this decision would result in or .
A company decides to reduce its number of warehouse locations (logistically postpone). This decision would result in poorer service to customers or higher transportation cost.
When a step in the production of a product is put off until the customer buys it, this is known as logistics postponement. The five different types of postponement are time, labeling, packaging, assembly, and manufacturing. Utilizing logistic postponement has many benefits.
The ability to offer customers customization is the most significant of these. Offering a product that can be altered through logistic postponement recognizes that no two people's needs are the same. As long as sales are uncertain, this helps to cut costs.
To learn more about postponement: https://brainly.com/question/5141180
#SPJ4
kando company currently pays $10 per unit to buy a part for a product it manufactures. instead, kando could make the part for per unit costs of $4 for direct materials, $3 for direct labor, and $1 for incremental overhead. kando normally applies overhead costs using a predetermined rate of 200% of direct labor cost. (a) prepare a make or buy analysis of costs for this part.(b) should kando make or buy the part?
Kando Company is currently paying $10 per unit to purchase a part for its product. However, the company has the option of manufacturing the part with direct materials costing $4 per unit, direct labor costing $3 per unit, and incremental overhead costing $1 per unit. The company typically applies overhead costs using a predetermined rate of 200% of direct labor costs.
To prepare a make or buy analysis of costs for this part, we must compare the total cost of making the part to the total cost of buying the part. The total cost of making the part would be the sum of the direct materials cost, direct labor cost, and overhead cost. Using the predetermined overhead rate, we can calculate the overhead cost as follows:
Overhead cost = (Direct labor cost x Predetermined overhead rate)
Overhead cost = ($3 x 200%)
Overhead cost = $6 per unit
Therefore, the total cost of making the part would be: Total cost = Direct materials cost + Direct labor cost + Overhead cost Total cost = $4 + $3 + $6 Total cost = $13 per unit Comparing this to the cost of buying the part at $10 per unit, it appears that Kando should continue to buy the part instead of making it. In conclusion, based on the make or buy analysis of costs, Kando Company should continue to buy the part at $10 per unit instead of manufacturing it for a total cost of $13 per unit.
Learn more about overhead rate here:
https://brainly.com/question/30336624
#SPJ11
justin is shopping for a used car. however, he is worried about buying a lemon. one way to overcome this problem of asymmetric information is to;
Do research and gather information about cars, Justin can research the make and model of the car he's interested in, as well as its history, such as previous owners, service records, and any accidents that have occurred. He can also have a mechanic inspect the car before purchasing to ensure its condition and reliability.
Another option is to buy a car from a reputable dealer or seller who provides guarantees and guarantees. Dealers often perform their own inspections and repairs on the cars they sell, and they may be more willing to provide information about the car's history and condition. Finally, Justin can also look to independent sources of information, such as consumer reports, car reviews and online forums, to gather more information about the makes and models of cars he is interested in, as well as the used car market in general. By gathering as much information as possible, Justin can make a more informed decision and reduce the risk of buying "lemon".
You can learn more about guarantee here brainly.com/question/14897598
#SPJ4
what kind of employees can fill the three levels of management
Answer:
hierarchy: Any group of objects ranked so that every one but the topmost is subordinate to a specified one above it.
manager: A person whose job is to manage something, such as a business, a restaurant, or a sports team.
board of directors: A group of people, elected by stockholders, to establish corporate policies, and make management decisions.
top management: company employees responsible for controlling and overseeing the entire organization
middle management: company employees that are accountable for controlling and overseeing a department
Explanation:
Most organizations have three management levels:
Low-level managers;
Middle-level managers; and
Top-level managers.
These managers are classified in a hierarchy of authority, and perform different tasks. In many organizations, the number of managers in every level resembles a pyramid.
Top-level managers
The board of directors, president, vice-president, and CEO are all examples of top-level managers.
These managers are responsible for controlling and overseeing the entire organization. They develop goals, strategic plans, company policies, and make decisions on the direction of the business.
In addition, top-level managers play a significant role in the mobilization of outside resources.
Top-level managers are accountable to the shareholders and general public.
Middle-level managers
General managers, branch managers, and department managers are all examples of middle-level managers. They are accountable to the top management for their department’s function.
Middle-level managers devote more time to organizational and directional functions than top-level managers. Their roles can be emphasized as:
Low-level managers
Supervisors, section leads, and foremen are examples of low-level management titles. These managers focus on controlling and directing.
Low-level managers usually have the responsibility of:
Insurance companies determine risk exposure by which of the following?
Law of large numbers and risk pooling. All forms of insurance determine exposure through risk pooling and the law of large numbers.
TermWhich of these are considered to be events or conditions that increase the chances of an insured's loss?
Hazards are events or conditions that increase the likelihood of an insured's loss.
People with higher loss exposure have the tendency to purchase insurance more often than those at average risk. Adverse selection is the tendency of persons with higher loss exposure to purchase insurance more often than those at average risk.
Which of these techniques will remove the risk of losing money in the stock market by never purchasing stocks?
Risk avoidance could eliminate the risk of losing money in the stock market by never investing in stocks.
How do insurers predict the increase of individual risks?
The law of large numbers helps insurance companies predict the increase of individual risks.
Diverse techniques are employed by insurers to forecast the rise in individual risks. When predicting future claims, some insurers may utilize models that take historical claim data into account, while others may use demographic or geographic information.
Any strategy an insurer uses to forecast the rise in particular risks will ultimately be subject to some degree of uncertainty. Numerous factors, like as the unpredictable nature of occurrences beyond the insurer's control (such natural catastrophes or terrorist attacks) and the inherent limits of mathematical models, might contribute to this uncertainty. As a result, there is always a possibility that a model used by an insurer will produce forecasts that are incorrect in some circumstances, even if the model is thought to be accurate within certain ranges.
Learn more about the insurers here:
https://brainly.com/question/29522443
#SPJ4
Explain the importance of leisure activities.
Answer:
leisure activities improve the productivity of people
Explanation:
if you feel stressed and then go to a water park, you will get less stressed right?