Answer:
1,000 Unfavorable
Explanation:
AH x AR = $84,000;
AH x SR = $83,000;
SH x SR = $85,000.
Compute the labor rate variance
then,
($84,000 - $83,000) = 1,000 Unfavorable
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The correct answer is - believe in dominating the environment.
You need to show those cultures that they aren't the only ones that can dominate over everybody else, but rather to show some competition and let them know they aren't the strongest culture in the market, and that they have many competitors.
Answer: $8820
Explanation:
The total amount of budgeted direct labor for March will be calculated thus:
Production in March = 980
Estimated labor hour = 0.5hour
Labor rate per hour = $18
Total amount of budgeted labor hour will be:
= 980 × 0.5 × $18
= $8820
Answer:
The correct answer to the following question is Unfavorable direct material cost variance .
Explanation:
Unfavorable variance can be defined as an accounting term which describes situations where the actual cost that a company would bear is more than the standard cost. This will alert a management that there will be fall in the expected profit of the company. In the given question , same situation will take place if the production manager decides to buy high grade materials which will cause more cost and thus will lead to decrease in profit.
The competition in the perfectly competitive market are known to be few in the actual sense.
<h3>What is a perfectly competitive market?</h3>
This is the type of market that is known to have barriers to entry in the market.
In such a business or a market type there is symmetry and their is perfect information existing for the consumers and the producers.
The following are the characteristics of this type of market
- Firms that produce identical goods
- large number of buyers
- Many sellers of the products
- The buyers and the sellers have perfect information that would enable them to make decisions.
Read more on perfect competitive market here: brainly.com/question/1748396
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