per gallon of XT is 4 pounds (this takes into account the waste‚ and spoilage). The standard direct labor rate per hour is $15 (including: hourly wage rate‚ payroll taxes and fringe benefits); the standard direct labor hours per gallon of XT is 2 hours; Xonic Tonic company uses standard direct labor hours as the activity base to allocate overhead costs. The standard predetermined overhead rate is $5 per direct labor hour. Assume that in the month of June‚ Xonic needs to
Premium Direct material price variance Wage
Teamworking to an organization is the most important function to its smooth execution of daily tasks. In most large organization processes are clearly defined‚ roles and responsibilities are perfectly set‚ a clear and common goal is sought after. In organization individuals play certain roles and carry out certain responsibilities‚ their function is part of the process. Organizational chain where people are put into teams and each team is assigned a task to accomplish‚ and each team is interdependent
Premium Team Team Decision making
[Financial Risk and Return Considerations] Explain how you would choose between the following situations. Develop your answers from the perspective of the principles of entrepreneurial finance presented earlier in the chapter. You may arrive at your answers with or without making actual calculations. A. You have $1‚000 to invest for one year (this would be a luxury for most entrepreneurs). You can earn a 4% interest rate for one year at the Third First bank or a 5% interest rate at the First
Premium Finance Investment Risk
Chapter 21 Audit of the Inventory and Warehousing Cycle Review Questions 21-1 Inventory is often the most difficult and time consuming part of many audit engagements because: 1. Inventory is generally a major item on the balance sheet and often the largest item making up the accounts included in working capital. 2. The need for organizations to have the inventory in diverse locations makes the physical control and counting of the inventory difficult. 3. Inventory takes many different
Premium Inventory
There are such disadvantages that follow‚ ones such as the impact of language barriers. This has had a large impact on their way of living as they need to communicate with people who speak their common language‚ segregating them to certain areas. Sold through various social
Premium Sociology Australia Culture
are two main disadvantages of globalisation. One is about the culture crisis; another is inequality between the developed countries and the developing countries. In this essay‚ I will try to present what is happening negatively alongside the prevalence of globalisation. And analyze the two main aspects of disadvantages with some useful examples. After all‚ discuss how to manage these problems and suggest what will happen in the future.I think we generation should know the disadvantages of globalisation
Premium Globalization Culture Economics
approach to managing disasters and threats nationwide. Seemingly‚ the system has progressed from incident to incident learning from mistakes and difficulties‚ while providing new guidance for future events. However‚ NIMS does come with several disadvantages that still plagues us today. Initially‚ NIMS sheer size in trying to incorporate the all-hazard approach for the entire nation can somewhat be daunting for emergency responders. Seemingly‚ a particular hazard may present itself as being similar
Premium Management National Incident Management System Risk
d RELIANCE CAPITAL ASSET MANAGEMENT LTD. (RCAM) SUMMER INTERNSHIP PROJECT REPORT ON RISK ANALYSIS AND PORTFOLIO MANAGEMENT May-July 2012 Submitted in partial fulfilment of the requirement of post graduate degree in international business and finance AMITY INTERNATIONAL BUSINESS SCHOOL‚ NOIDA Faculty Guide Submitted By: Ms. VIBHA SINGH SAURAV SINHA Industry
Premium Investment
Hydraulic fracturing‚ or fracking‚ is defined as “the process of injecting liquid at high pressure into subterranean rocks‚ boreholes‚ etc.‚ so as to force open existing fissures and extract oil or gas.” It consists of a well that is drilled miles deep that contains chemicals‚ additives‚ and sand‚ but mostly just large amounts of plain water. Once the rock is cracked from the pressure of the fluids‚ the natural gas comes back up the well‚ with millions of gallons of contaminants and chemicals.
Premium Natural gas Carbon dioxide Energy development
Integrated Case 8-23 Merrill Finch Inc. Risk and Return Assume that you recently graduated with a major in finance. You just landed a job as a financial planner with Merrill Finch Inc.‚ a large financial services corporation. Your first assignment is to invest $100‚000 for a client. Because the funds are to be invested in a business at the end of 1 year‚ you have been instructed to plan for a 1-year holding period. Further‚ your boss has restricted you to the investment alternatives
Premium Investment Rate of return Standard deviation