Answer:
Efficiency variance =$9,860
unfavorable
Explanation:
Labour efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours allowed for same multiplied by the standard labour rate
Hours
11,900 units should have take (11,900× 4hrs) 47,600
but did take <u>48,180</u>
Difference 580 unfavorable
Standard hours <u> × $17 </u>
Efficiency variance <u>$9,860
unfavorable</u>
The statement that must be true about the demand for a product if it is inelastic is that, a price increase does not have a significant impact on buying habits. The correct answer would be option B. When the demand is inelastic, this situation means that the demand for a product does not decrease nor increase in corresponds to the rise or fall of its price.
Answer:
False
Explanation:
Based on the information provided within the question it can be said that this statement is False. The term that actually provides a better understanding of this is Community Needs Assessment: Purpose, since the main goal of the community needs assessment is to meet the needs of children, youth, and families by identifying the strengths and resources available in the community.
The correct option is E). All of these choices are correct.
<h3>What trade barriers were imposed by Japan?</h3>
Along with the tariff barriers, Japan also have some non-tariff barriers that may impact commercial activity of foreign products into Japan.
Japan prohibited the imports of narcotics, firearms, explosives, and products that violate intellectual property laws.
Japan's tariff system offers lower and duty-free rates to those products which has been imported from developing countries.
Learn more about the trade barriers in Japan here:-
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Yes, a uniform menu allows for centralized planning and distribution without having to many different factories/suppliers.
Menu:
- If the food menu is consistent, it can be said that economies of scale would be in effect. This is due to the fact that the fixed cost per unit actually gets to decrease, which then leads to a decrease in the average cost of production per unit as the sales volume keeps on increasing, giving the company a cost advantage and resulting in economies of scale. However, when extending to other nations, the menu planning becomes more difficult because local preferences and cultural norms vary widely. For example, beef is not allowed in India, thus the menu must be designed accordingly.
- McDonald's benefits from economies of scale since customers can place larger orders to reduce the price of their food when there is a standard menu across the nation. The more of a good is produced, the lower the per-unit fixed cost is since these expenses are spread across a larger number of goods, according to Investopedia. Additionally, everywhere you travel in the nation, people are aware of what is on their menu.
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