Create a stakeholder matrix, Create a short stakeholder summary and Create a detailed stakeholder analysis are the five steps to complete a stakeholder impact analysis.
Stakeholder analysis involves evaluating a system and any prospective adjustments in relation to pertinent and interested stakeholders. This data is used to determine how a project plan, policy, programme, or other activity should take account of those stakeholders' interests. Stakeholder management includes stakeholder analysis as a crucial component. An issue's stakeholder analysis entails assessing and balancing all of the conflicting demands made on a business by each party with a claim on it in order to determine the firm's responsibility in a given situation. The consideration of all affected parties is guaranteed by a stakeholder analysis, which does not exclude the interests of certain stakeholders from superseding those of other affected stakeholders.
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What 3 steps should you take in stakeholder analysis?
Identifying the important stakeholders, evaluating the impact on each, and figuring out the best way to involve them are all important steps are the steps you should take in stakeholder analysis.
A stakeholder is a party with an interest in a business who has the potential to influence or be impacted by that firm. Investors, workers, customers, and suppliers make up the majority of the stakeholders in a typical firm. However, the idea has been expanded to encompass communities, governments, and trade groups as a result of the growing focus on corporate social responsibility. Stakeholders may be internal or external to a company. Individuals with an interest in a firm who have a direct connection, such as employment, ownership, or investment, are referred to as internal stakeholders. External stakeholders are those who don't work for a company directly but are nonetheless impacted by its decisions and results in some way. Suppliers, borrowers, and public organisations are all regarded as external stakeholders.
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12.42 based on available information, lead time demand for pc jump drives averages 50 units (normally distributed), with a standard deviation of 5 drives. management wants a 97% service level. a) what value of z should be applied? b) how many drives should be carried as safety stock? c) what is the appropriate reorder point
The z value for the 97 percent level of service is about
97% = NORMSINV ( 0.97) = 1.
What is Reorder Point?The inventory position at which activities are required to restock inventories is known as the reorder point. It is planned to meet any potential demand throughout order lead time. It frequently equals the average lead time demand plus security stock mathematically. The targeted service level as well as the level of demand unpredictability determine how much safety stock should be kept on hand.
The z value for the 97 percent level of service is about 97% = NORMSINV ( 0.97) = 1.Safety stock = z × standard deviation of lead time demand = 1 × 5 = 5Reorder point = average lead time demand + safety stock = 50 + 5 = 55To know more about Reorder Point, visit:
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Cooper has created and carried out a plan for his business. For Cooper, the benefit of enacting the control steps will be Multiple Choice
O retention of employees with strong technical skills
O evaluation of how competitors will respond to his company's innovations
O arranging tasks to be done and clarifying the reporting structure
O a continuous feedback loop that ensures plans stay headed in the right direction
In a case whereby Cooper has created and carried out a plan for his business. For Cooper, the benefit of enacting the control steps will be arranging tasks to be done and clarifying the reporting structuredirection.
What does management planning entail?Setting goals and choosing a course of action to achieve them are both part of the management task of planning. Managers must foresee future situations and be aware of the current environmental factors affecting their firm.
It involves forecasting techniques being used to forecasts. Examples of management planning include looking forward, assessing it, and choosing a future course of action in advance. An yearly sales plan is created based on an estimate of future sales as an example of planning in the management process.
Therefore, option C is correct.
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Data analytics is the process of using technology to transform
business event data into business process data.
data into useful information.
accounting data into business data.
unreliable data into reliable data.
The information quality characteristic where by differ- ent knowledgeable and independent people reach agreement about whether information is representative of a real-world fact or occur- rence is called
a. relevance.
b. faithful representation.
c. verifiability.
d. reliability.
The information quality characteristic where by differ- ent knowledgeable and independent people reach agreement about whether information is representative of a real-world fact or occur- rence is called Verifiability
Hence, Option C is correct.
The capacity of a notion to be easily transmitted among people using a common, accurate language is known as intersubjective verifiability. When referring to intersubjective verifiability, the word "intersubjective" can also be used to mean "objective."A. J. Ayer published Language, Truth and Logic in the same year, which included his proposal for two different types of verification: strong and weak. While advocating conclusive verification, this system allowed for probabilistic inclusion in cases when verifiability is ambiguous.To know more about verification here
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depreciation or consumption of fixed capital measures: a. the loss of productive ability due to capital intensive production. b. the value of existing capital stock used up in the production process. c. capital that is wasted in the production process. d. the decline in the value of inventories caused by inflation.
b. The depreciation or consumption of fixed capital measures the value of existing capital stock used up in the production process.
This means that it takes into account the cost of capital goods such as equipment, machines, and buildings that are used in the production process and that are consumed over time. It also includes the cost of repairs and maintenance to keep them in good condition.
The amount of capital used up in the production process is a key factor in determining the profitability of the business. It can also be used to measure the efficiency of the production process, as it indicates how much of the fixed capital is being used up in the production process.
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Read the Dell case and answer the questions to the right.
Dell Computer Corporation is a case study in entrepreneurship. Michael Dell, who as a teenager analyzed newspaper buying patterns to customize his subscription sales for the Houston Post targeting newly married and people who had moved earned enough to buy a BMW prior to enrolling at the University of Texas in 1983. By 1984 his dorm room business of selling handmade computers was bringing in $80,000 a month. Dell incorporated Dell Computer Corporation in April 1984, dropped out of college, and launched a company that is now an international leader in technology sales. Dell focused on customer service and direct sales. In 1990 Dell was the top rated company in the first J.D. Power & Associates ranking of personal computer manufacturers. In 1992 Dell instituted its Professional Services Capabilities Unit. It coordinated the international services of Dell's global programs. In 1993 Dell initiated a program that allowed customers to select the level of service they received when buying a computer.
Initially direct sales were handled by phone. The direct sales model allowed Dell to build computers when they were ordered, allowing inventory costs to be kept at a minimum, compared to competitors who build thousands of computers in different configurations for sales in stores or by catalogues. In 1996 Dell started selling computers on the World Wide Web. The direct sales model migrated easily to the Internet, including automation of not only customer services but also supply chain management. Over the next 10 years inventory control of components through the supply chain of subcontractors and products was cut from a week to fewer than 24 hours. Dell incorporated transportation and logistics management of its international manufacturing to include all forms of transportation for efficiency, creating an integrated physical distribution concept. The customer, when making an order, chooses the final physical distribution based upon how quickly they want delivery of their computer. Empowering the buyer with the decisions of the computer components, delivery, and service increased customer satisfaction. Dell's decision to utilize "Green" technologies to become a carbon neutral company increased customer satisfaction with companies and individuals concerned with the environment. In 2009 nine of its European and American facilities were powered by renewable energy, including 100 percent of its 2.1 million square-foot global headquarters at Round Rock, Texas.
What factor has allowed Dell to cut costs and still remain competitive in the rapidly changing technology industry?
Customer service
Physical distribution
Supply chain management
Inventory control
In 2009 Dell announced it powers nine of its facilities in the United States and Europe with 100 percent renewable energy. In addition to environmental responsibility, this business decision contributes to:
Customer satisfaction
Distribution center management
Piggybank services
Total inventory cost
Dell's transportation and logistics system is an example of:
Physical distribution center
Piggybank services
Environmental decisions
Supply chain management
The factor has allowed Dell to cut costs and still remain competitive in the rapidly changing technology is supply chain management.
Dell's principal technique for achieving and maintaining a competitive edge is a unique, direct-to-customer business model. The approach is known as Dell Direct, and it refers to the company's relationship with its consumers as "direct." This strategy enables Dell to focus on personalization, service and support, performance, cutting-edge technology, and exceptional shareholder value. Furthermore, Dell distinguishes itself from its competition through customized on-demand manufacturing. Due to the elimination of middlemen in Dell's manufacturing, procurement, and distribution processes, the firm is able to deliver more value for its customers' money through customisation of its goods made by Dell.
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What are ways that you can protect yourself from a cyberattack?
Protecting yourself from cyberattacks is an important step to ensure your safety and security online.
What safeguards can you take against a cyberattack?To secure your safety and security online, it's crucial to protect yourself from cyberattacks. Start by using secure passwords all the time and refraining from using the same one for many accounts.When two-factor authentication is an option, utilise it as well. Additionally, avoid clicking on any links in phishing emails or other suspicious communications.Be careful about what you post online, and lastly. Never provide private information to anyone, including passwords or credit card details.Any questionable demand for personal information should raise red flags. You may help defend yourself against cyberattacks and safeguard your data by adhering to these suggestions.Make use of secure passwords and update them frequently.Set up and maintain anti-virus and anti-malware software.On websites that support it, turn on two-factor authentication.Constantly update all of your software with the newest fixes.When connecting to public Wi-Fi networks, utilise a Virtual Private Network (VPN).Make a backup of crucial data and keep it in a safe place.Use caution while downloading or opening attachments from emails.Be careful how much personal information you disclose online.Regularly check your accounts for any strange activity.Protect your home network with a firewall.To learn more about the methods to defend yourself from a cyberattack refer to:
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What changes would you recommend for the future to ensure the strength of the Social Security program?
The additional work will increase your retirement benefits. Each year you work will replace a year of low or no earnings in the calculation of your Social Security benefits,could help increase your benefit amount.
Social Security only covers a portion of your expenses social security only provides 42% of the pre-retirement expenses of the average American.As a result,Social Security bases your retirement benefits on your lifetime earnings.Americans today must have additional retirement savings or sources of income available to help finance their lifestyles.Social Security is a pay-as-you-go program that transfers resources from working-age Americans to retirees and other beneficiaries.As such,it depends on a Therefore,economic growth is an important determinant of social security coverage,and social security schemes need to be designed in a way.An effective security policy requires input and commitment from the entire organization,so I think we should sit down and come up with a plan to developing.
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When the government does spend more money than it brings in that's called a?
When government spending exceeds revenue, there is a budget deficit. When government spending is lower than revenue, there is a budget surplus.
What happens when the government has a budget surplus or deficit?A government has extra money when it has a surplus, which it might invest or use to pay down debt. A deficit is the polar opposite of a surplus. The government must borrow money to cover expenses when spending exceeds revenue. The last time there was a budget surplus in the US was in 2001.
What separates a budget deficit from a budget surplus?The amount in a budget that is left over after all required payments have been completed is known as a budget surplus. When the federal government spends more than it collects, there is a budget deficit. An overflowing budget is better for the government.
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What type of components would be found at the infrastructure as a service or IaaS level?
In the infrastructure-as-a-service (IaaS) model, the subscriber leases just the hardware infrastructure (networking, data center space, storage, servers, and virtualization services) but establishes and maintains all other components of the technology stack.
Infrastructure as a Service , a form of cloud computing service, provides necessary computation, storage, and networking resources on demand and on a pay-as-you-go basis. Along with software as a service (SaaS), platform as a service (PaaS), and serverless, IaaS is one of the four categories of cloud services. The BIOS also performs several crucial tasks when we power on the machine. Furthermore, it is not a piece of hardware-specific software. A system software, that is. A unique piece of system software known as the BIOS, or basic input/output system, communicates with all of the PC's primary hardware and the operating system. And it is often kept in the flash memory chip that is located on the motherboard, though occasionally
What type of components would be found at the infrastructure as a service or IaaS level
A. hardware
b. software
c. both
d. none of the above
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What is the cost of insurance?
The Press-Enterprise test is used by judges to
a. Gauge the amount of prejudicial publicity in a case
b. Determine whether a pretrial proceeding will be open or closed
c. Determine the constitutionality of a restrictive order
d. Set the number of peremptory challenges that will be allowed in a case
The Press-Enterprise test is used by judges to determine the constitutionality of a restrictive order.
A person who presides over a trial, alone or as a member of a jury, is called a judge. A judge evaluates the arguments of the parties and the reliability of all witnesses before hearing all the testimony and other evidence presented by the attorney or attorney in the case.
The judge then makes a decision in the case based on their interpretation of the law and their personal judgment. An impartial judge is said to preside over the trial, which is usually held in public. The role, authority, method of appointment, standards of conduct and training of judges vary widely between jurisdictions.
Hence the correct option is C
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What must be rejected in a delivery?
When receiving a delivery, it is important to check the quality and accuracy of the items. Any items that have been damaged, spoiled or are not the items that were ordered must be rejected.
It is important to document all items that have been rejected and inform the delivery person of the reasons why they were rejected. This will help ensure that the company can take corrective action to prevent similar problems in the future. It is also important to inform the company of any items that were missing from the delivery. Refusal is an important part of the process as it ensures that customers receive what they ordered and that any issues are resolved promptly.
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In retail in general and fashion in particular, having _____ is considered the kiss of death
a. excess inventory
b. too many storefronts
c. a large labor force
d. limited production runs
e. dispersed production facilities
In retail in general and fashion in particular, having a. excess inventory is considered the kiss of death
Why is it wrong to have excess inventory in retail ?When a corporation orders inventory incorrectly and has more than the market requires, or when the market's demand sharply declines after inventory is ordered, excess inventory results. Due to the effects it has on inventory turnover and the expenses involved in maintaining it, having excess inventory is typically viewed as being negative for company.
The effect of excess inventory on a company's profitability is a serious problem. Inventory is bought with the intention of reselling it for a profit, and keeping too much of it on hand can cause working capital to become locked up in items. As degradation happens and demand declines over time, inventory loses value and eventually loses money.
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What must producers do to generate higher profits?
One of the most important signs of a great firm is consistent profit generating. However, decreasing gross and net profit margins may be a sign of trouble.
What actions do producers need to take to boost profits?Profitability can be influenced by four key factors. Costs are decreasing, turnover is increasing, production is increasing, and efficiency is increasing. You can expand into new market categories or create brand-new products or services.
How can manufacturers increase their profits?Producers can optimize their profit by ensuring that their incremental or marginal profit increases. The marginal revenue and marginal cost can both be increased because the marginal cost must be deducted from the marginal revenue in order to get the marginal profit.
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When should a shipment of eggs be rejected?
When should a shipment of eggs be rejected if the The eggs are not delivered at45 degrees F and when you receive a shipment of eggs, you should reject them if any of the eggs are cracked. Eggs that are cracked.
The shipment is the part of supply chain. The shipment in which the goods or products are packed after the process of manufacturing or production.
The eggs are rejected when the eggs got cracked and accidently cracked by the process of delivery to the consumer. Shipment is the important process in the supply chain if the shipment process is not done well, the rejection will arise.
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What is it called when a company issues capital on the stock market?
When company issues capital on the stock market is called an IPO.
What if IPO?IPO or initial public offering is a term that refers of process from a company that offering capital in form of shares to the public in stock market for the first time.
The IPO will give company more capital or equity obtained from public that purchases their share which is be called as investors. It will also turn a private company into a public company as the companies are now available for purchase by the public.
Thus, the IPO is when a company issues capital on the stock market.
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you are going to receive $25,000 in 10 years. you can earn interest at a 12% rate (this is your discount rate). what is the value today (present value) of this payment? g
The present value of this payment is $12,665.47.
To calculate the present value of a future payment, you can use the following formula:
Present value = Future payment / (1 + discount rate)^number of years
Plugging in the given values, we get:
Present value = $25,000 / (1 + 0.12)^10
= $25,000 / 1.7872
= $12,665.47
What does it means?This means that if you received $25,000 in 10 years and could earn interest at a 12% rate, the value of that payment today would be $12,665.47. The present value represents the amount of money that you would need to invest today in order to receive $25,000 in 10 years, taking into account the time value of money and the opportunity cost of investing your money.
What is present value in investment?Present value is a measure of the value of a future payment or series of payments, discounted to the present time. It represents the amount of money that you would need to invest today in order to receive a specific payment or series of payments at a future date, taking into account the time value of money and the opportunity cost of investing your money.
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george clancy wants to diversify his portfolio by adding a stock that has a value which moves in direct relation to the business cycle. what type of stock is george thinking about adding to his portfolio?
By adding a stock whose value changes in direct proportion to the business cycle, George Clancy hopes to diversify his portfolio.
What exactly is a portfolio?A portfolio is a portfolio of financial assets, such as securities, bonds, commodity, cash, and cash accounts, such as closed-end funds and exchange-traded funds (ETFs). Most people think that a portfolio's core consists of equities, bonds, and cash.
How can I create a portfolio that is all about me?Give them your name, your occupation, and any other pertinent details about you, such as the location of your base. You could be composing an intro for a portfolio showcasing your abilities in marketing, writing, education, or construction.
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How does using myNav allow Accenture to help?
MyNav enables Accenture to support its clients' sustainability efforts:
through assisting in the development of cloud services that lower carbon emissions.This is a known tool that aids businesses in creating or setting up cloud solutions that reduce carbon emissions and provide a foundation for good and improved innovation.
The myNav enables Accenture to assist its clients in being more environmentally friendly by easing the development of cloud solutions that lower carbon emissions.,through promoting the development of cloud technologies that cut down on carbon emissions,by rearranging factories so that it is simple to measure carbon emissions,by developing innovative business strategies to cut back on transportation expenses,by establishing new rules for getting rid of old technology.
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What is implementation of the process of creating new products and services for the customer called?
Product development is a process that involves the conceptualization, design, development, and marketing of freshly created or recently renamed goods or services.
How does one go about making a new product?Introducing a novel product concept to the market is a step in the new product development process framework. Though it varies by industry, the process can be roughly divided into six stages: ideation, research, planning, prototype, sourcing, and costing.
What are the four different product development methods?R&D, Growth, Maturation, and Decline are the four stages of product development. Although they could be challenging to accurately map out, when you develop a product over time, you can gain a better understanding of the stage.
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Penny is selling candles for $$33 each at a fundraiser. If she starts selling with $$44 to help her make change, how many candles, xx, will she have to sell to end up with $$1919?.
One penny is worth one cent. The value of a nickel is $0.05. Determine what you are looking for in step two. 3rd step: Name.
Use variables to represent the quantity of each sort of coin. Start with pennies since the number of nickels is specified in terms of the number of pennies. Over and above the quantity of pennies, there are two more nickels. Nickels and dimes total $2.55 that Carolyn has in her wallet. Nine less than three times as many nickels as dimes are present. Count the number of each coin type. In her wallet, Maria has $2.43 in quarters and cents. She has more quarters than pence. How many of each kind of coin does she possess.
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Lisa O Lisa I'm not sure how sustainable it will be for Cozy Nook in the long run, since it could be hard to keep up with the demand. It's a much larger company than Swift and Snug, though, so this feature might be just the edge it needs to become the bestselling online retailer in our industry. The first step of market research is to determine the problem. What is the "problem" that you will need to focus on with your market research? The competitor is offering a better feature than Swift and Snug Furniture. Customers want more customization options from Swift and Snug Furniture. Submit
The "problem" that you will need to focus on with your market research is Customers want more customization options from Swift and Snug Furniture. Thus the correct option is Last.
What is market research?To support and enhance your conceptual model, market research combines consumer habits and economic developments. It aids in formulating crucial business decisions, obtaining finance and acquisitions, and even minimizing failed business ventures.
Customer appreciates a product that is designed specifically for them based on their preferences and requirements. The client experience could be improved by allowing personalization, which could also boost sales and profits.
Therefore, option Last is appropriate.
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Why Barter system are closed?
Barter system is no longer in use as a result of the invention of money.
Barter system is defined as a cashless economic system of exchange in which the parties involved in the transaction are exchanging goods and services directly with other goods and services that are agreed upon by both parties bilaterally without using money as an intermediary.
The era of barter system comes to an end because of the invention of money, which is a standardized unit of account, making it easier to set the value of any goods and services which can be exchanged for money instead of exchanging them with other form of goods and services, hence making the trade more effective and efficient.
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a major drawback of price competition is that a. customers equate lower prices with lower quality. b. competitors can also lower their prices. c. it gains customers. d. it generates brand loyalty. e. it lowers prices.
A major drawback of price competition is that competitors can also lower their prices.
Since competitors can change prices, price competition has a number of significant disadvantages. A price war might start if they swiftly equal or surpass a company's price reductions. In a price war, two or more businesses engage in fierce price competition, frequently in an effort to increase market share.
A lower market price for the product is the result of increased seller competition. The price would be reduced if there were multiple makers instead of just one for the same well-liked item since the producer would be aware that the consumer could get the toy elsewhere.
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fabric and feathers group wants to expand internationally. sales director ti-la prefers that the company export to foreign markets. what rationale should ti-la use to show the advantage of exporting as a mode of entry?
A company can save money by not having to invest in setting up production facilities in the host nation.
Most businesses start their international expansion utilizing this type of entry because exporting is often the simplest method to reach a foreign market.
Exporting is the act of selling goods and services that were produced domestically in other nations. The benefit of this entrance method is that businesses can save the cost of setting up shop in a foreign nation. However, businesses must have a mechanism to promote and distribute their goods in the new nation, which they normally accomplish through arrangements with a local firm or distributor.
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george paid taxes of $4,400 on a taxable income of $42,000. what was his average tax rate? a. 4.4% b. 10.5% c. 15% d. 28% e. 85.5%
The average tax rate is 10.5%
Amount of taxes paid = $4,400
Taxable income = $42,000
The average tax rate is a helpful metric for comparing the tax burdens of various individuals or families. The marginal tax rate, which is the tax rate applied to a person's final dollar of income, is distinct from this rate.
Calculating the tax rate -
Average tax rate = Amount of tax paid / Taxable income x 100%
= 4,400 / 42,000 x 100%
= 10.5
The tax rate for George Franklin was 10.5%. He paid taxes on this proportion of his taxable income.
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What should be the minimum number of partners to start a partnership business
Answer:
Two Persons
Explanation:
In order to form a partnership, there should be atleast two persons coming together for a common Goal...
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What are 3 main ways to protect against malware?
The ways to protect against malware:
Maintain software and hardware updates.whenever possible, use a non-administrator account.Before downloading anything or clicking links, think it over.What protects most against malware?Downloading anti-malware software is one of the best ways to safeguard yourself from malware. An additional degree of security is offered when downloading things by anti-malware software. The software can be configured to run automatically so that downloaded files are scanned. A file or piece of code known as malware—short for "malicious software"—can virtually perform whatever action an attacker desires, including infecting, exploring, stealing, and conducting operations. Furthermore, there are countless ways to infect computer systems due to the wide variety of viruses.The terms "malware" and "virus," which are frequently used interchangeably, refer to two different things. Malware, often known as malicious software, is a general word for any program or piece of code written with the intention of causing harm to a computer, network, or server. On the other side, malware includes viruses.To learn more about malware refer to:
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gulf coast shrimp packaging supplies frozen shrimp to grocery chains. it expects sales of 400 tons of shrimp in the next quarter and it plans to produce 380 tons during the same quarter. each ton requires 50 direct labor hours and employees are paid $15 per hour. manufacturing overhead is applied at 120% of direct labor costs. what is the total amount to be budgeted for manufacturing overhead for the quarter?
According to the question, For the quarter, $342,000 must be allocated to manufacturing overhead.
Overhead is what?The phrase "overhead" describes a business' ongoing operational costs; it excludes, however, the direct costs associated with creating a commodity or service. Expenses for overhead may be fixed, variable, or even a mixture of both.
Briefing-The quarter's budgeted manufacturing overhead is applied at a rate of 120% of the direct labor expense. Quantities to be created multiplied x direct labor hour per unit multiplied x direct labor cost / hour is the formula for calculating direct labor costs.
Gulf Coast Shrimp Packing may determine the total budget manufacturing overhead by utilizing the following formula:
380 tons x 50 hours x $15 per hour = $285,000 direct labor cost
$285,000 x 120% = $342,000 budgeted manufacturing overhead
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