prepare one business letter for debt collection to client and mention about COVID-19 pandemic affect our cash flow
In: Finance
Mention the Principles for Defining Report Quality (based on GRI Standards or G4 Guideline). Give an example of its implementation on a construction company.
In: Accounting
explain the structure and function of a reflex arc. mention all the parts and functions of both a two-neuron and a three - neuron reflex arc
In: Biology
Mention two features and the corresponding design philosophy in earthquake resistant design, which are different from conventional designs. [4 marks]
In: Civil Engineering
Psychology class
1. Mention examples of similarity, parallelism, symmetry, common region, contentedness and common flate in real the real world ?
In: Psychology
Generally mention atleast seven challenges and hurdles that stop the emergence of new multinational companies and the growth of existing multinational companies in a country ?
In: Operations Management
Queenstown Baggage Limited has developed the following cost standards for the production of its leather backpacks:
|
Standard cost per backpack |
|
|
Leather (0.9 metre x $22 per metre) |
$19.80 |
|
Direct labour (1.3 hours x $9 per hour) |
$11.70 |
|
Variable overhead (1.3 hours x $15 per hour) |
$19.50 |
Variable overhead at the company is applied on the basis of direct
labour hours. The actual results for last month were as
follows:
|
Number of backpacks produced |
15,000 |
|
Direct labour hours incurred |
18,800 |
|
Metres of leather purchased |
14,500 |
|
Metres of leather used in production |
14,100 |
|
Cost of leather purchased |
$306,675 |
|
Direct labour cost |
$159,800 |
|
Variable overhead cost |
$285,760 |
Required:
i. Calculate the materials price variance, and mention three potential reasons for the variance result.
ii. Calculate the materials quantity variance, and mention three potential reasons for the variance result
iii. Calculate the labour efficiency variance, and mention three potential reasons for the variance result
iv. Joshwood Slovakia has recently joined Kerikeri Baggage Limited, a sister company of Queenstown Baggage Limited, as a Business Analyst. While going through last year’s variance analysis report, he found that the company uses direct labour hours as the basis for applying variable manufacturing overhead costs. He also found that, last year, the company’s labour efficiency variance was unfavourable. However, he noticed that variable overhead efficiency variance was missing in the last year’s report. Joshwood wonders whether the last year’s variable overhead efficiency variance was favourable or unfavourable. What do you think, and why? [Maximum word limit: 120 words].
In: Accounting
Question -2
A state government wants to construct an International Airport. The proposed Airport would be completed in three phases (spread over 10 years) and operations would start after completion of the first phase in next three years. Expected cost of the first phase is Rs 5500 crores. You have been hired by the State Government to consult them on various stages of the bidding process to select an agency/developer that would build, own, operate, and transfer the airport. Please briefly enumerate all the stages of choosing such an agency/bidder right from the very beginning to the finalization of bid process. Also tell the salient features of all the stages enumerated by you.
Question -3
Assume that you are heading the HR department in your company. Please enlist any four labour laws you comply with. Please also explain the salient features such as returns submitted, coverage, compliance, benefit details, and authorities concerned (these are indicative only; please mention any specific feature you want to mention) for each law.
Question-4
Please fill in the blanks in the following table. Also mention how you have arrived at a particular result.
|
Sr. No. |
Item |
Value |
|
1 |
GDP |
$1000 billion |
|
2 |
Revenue Receipt |
$250 billion |
|
3 |
Revenue Expenditure |
|
|
4 |
Capital Receipts (without Borrowing) |
|
|
5 |
Capital Expenditure |
$ 115 billion |
|
6 |
Interest Payment on Loan |
$ 10 billion |
|
7 |
Revenue Deficit |
$50 billion |
|
8 |
Fiscal [email protected]% of the GDP |
|
|
9 |
Government Borrowing |
|
|
10 |
Primary Deficit |
[1] Currency unit is US Dollars
[2] The reference year for our purpose
In: Economics
In: Biology
Write a 1 to 2 page essay on the following:
In: Operations Management