Answer: $24,080
Explanation:
The Static budget is based on a particular level of production and once it is prepared, it does not change even if the assumptions used in the calculation of the budget changes.
In this case, the budgeted direct material cost is $24,080 for a production level of 3,500 units of finished goods. This material cost is therefore based on a certain production level which makes it the static budgeted amount for materials.
Predatory Pricing is the practice whereby a foreign producer intentionally sells its products in the United States for less than the cost of production to undermine the competition and take control of the market.
<h3><u>
Explanation:</u></h3>
hen there is a situation in the market whereby the products are sold at a cost very low than the cost of other suppliers refers to the predatory pricing. When predatory pricing is practiced then the suppliers with lower price will alone survive in the market making all the other suppliers to forcefully leave the market.
This kind of act is illegal. This is because predatory pricing will eradicate the competition. The main aim of this type of pricing is to eliminate the small business from the market. In the given scenario, a foreign producer is selling its products intentionally at lower price in U.S for the lower cost than the cost of production and takes the market to its control which is an example of Predatory Pricing.
Answer: The answer is taxes and spending taxes.
<h2>The situation mentioned here comes under <u>
writing </u>
phase</h2>
Explanation:
There are 3 phases.
1. Plan: Planning phase comes first. Here were the writer needs to analyze, do research to prepare the content. This serves as the base for the content. Here Mr. Hernandez has already done the research and he is ready to write.
2. Write: This is the second phase where the actual content is created based on the analysis and research done in step 1. Now Mr. Hernandez is sitting at the desk to begin writing. So this comes under writing phase.
3. Complete: Completing the writing by validating or proof reading it.
