Answer:
Autocratic leadership is that type of leadership in which the leader exercises his power in an excessive way, without limits on the part of another type of bureaucratic structure or of his own subordinates, who have practically no participation in the decision-making process. Thus, in these cases the leader makes decisions by his own will and criteria, which can lead to errors of judgment and tyrannical behavior.
A clear example of an autocratic leader in a movie is that of Xerxes, the Persian leader in movie 300, who oppresses his own subordinates to achieve the desired results.
Answer:
The cost per equivalent unit for materials for the month in the first processing department is closest to b) $17.42
Explanation:
<u>First Step</u>
First Calculate the Units of Closing Work In progress.
We Know that the units coming IN the progress should equal units coming OUT of the process
Therefore Units of Closing Work In Progress is = 7000+1000-6500 = 1500
<u>Second Step</u>
Then Secondly Calculate the Total Cost of Raw Materials in the process based on WEIGHTED AVERAGE METHOD.
Therefore Cost of Raw Materials = 6300+126100=132400
<u>Third Step</u>
Calculate Total Equivalent Production Units of Both Completed and Transferred and Closing Work In Progress Units
Therefore Total Equivalent Production Units = 6500×100%+1500×50%=7250
<u>Finally</u>
Calculate Cost per equivalent unit for materials
Cost per equivalent unit=Total Cost of Raw Materials $ 132,400/Total Equivalent Production Units 7,250 = $18.26
Therefore The cost of $18.26 is closest to b) $17.42
Answer:
A
Explanation:
A budget constraint is a graph that shows all the combination of goods a consumer can consume given current prices and income of the consumer.
If income increases, the budget constraint will shift out parallel to the old
If income decreases, budget constraint will shift in parallel to the old one.
Answer:
a. $100, and her economic profits are $25
Explanation:
Accounting profit = Revenue - Explicit Cost
$150 - $50 = $100
Economic profit = Accounting profit - Opportunity cost
$100 - ($ 15 × 5)
$100 - $75 = $25
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