Answer:
11000
Explanation:
20 x 8 x 5 = 800 hours at $ 10 = $ 8000
1000 hours - 800 hours = 200 hours at 150% (time and a half) = $ 2000 x 1.5 = $ 3000
$ 8000 + $ 3000 = $ 11000
business models statement come up with strategies for the company such as branding, pricing and looking for potential partners & business concept is simply coming up with a unique selling proposition that helps the company stand out above the rest.
Answer:
Material price variance = $25,000 Unfavorable
Explanation:
<em>A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite </em>
$
200,000 pounds should have cost (200,000× $4.50)= 900,000
but did cost <u>925,000</u>
Material price variance <u> 25,000</u>Unfavorable
Material price variance = $25,000 Unfavorable
Product Class refers to the entire product category or industry, often illustrated in a product life cycle curve.
<h3>What is Product Class?</h3>
- A group of products that are similar to one another or are frequently used as substitutes for one another is known as a product class.
- Depending on how easily substitutable the various products are, the class is either deemed narrow or broad. Ham and sausage could be examples of a specific product class of breakfast meats.
- The vast majority of products go beyond merely meeting needs, which is a reality widely acknowledged in the marketing community. In order to go beyond simply meeting customer wants, businesses attempt to incorporate a number of inputs into the "basic need satisfying product."
- The finished product that is made available to consumers goes well beyond the bare necessities by including cutting-edge features, functions, handy and appealing packaging, and other glitzy extras.
Hence, the term "Product Class" designates the entire industry or product category, which is frequently depicted in a product life cycle curve.
To learn more about the Product class refer to:
brainly.com/question/14999891
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Answer:
Service mark
Explanation:
Service mark is the trademark that defines the service identifiable and distinguishes from the company competitors.
The service mark can be used in different forms like-word, image, icon or emblem used to advertise the business and differentiate from the competitors on the market so that people get to know about it plus company may gain the advantage over their competitors.
In the given scenario, the Trek Transport Company is distinct from its other trucking firm in services which reflect the service mark