Answer:
Explanation:
Answer:
Introduction
Explanation:
The Product Life Cycle is a term used to refer to the lifespan of a product. Beginning from the introduction of the product to the market, the product grows into maturity and ultimately leads to the death/decline of the product.
There are four stages of the Product Life Cycle:
- Introduction
- Growth
- Maturity
- Decline
The stage in which the product sales are always zero is the introduction of the product to the market. When a product is introduced to the market, the product sales are always zero. It is after consumers become familiar with the product that its sales increase.
Therefore, the introduction stage is the correct answer.
Answer:
Production shifts to a use of cheaper ingredients
Explanation:
A price ceiling sets a limit on how high a product can be sold for. It is usually set by the government or an agency of the government. Price ceilings discourage producers.
Producers usually react to a price ceiling by reducing the quality of goods and services produced or by reducing the quantity produced so as to reduce cost.
I hope my answer helps
Answer:
Labor cost variance refers to the variance, which is determined by subtracting the actual direct labor cost from the standard direct labor cost associated with the product.
Explanation:
Given that:
Actual hours = 1,000
Actual rate = $48.15
Standard rate = $32 per hr.
Now,
Labor Cost variance = Actual hours * (Actual rate - Standard Rate)
Labor Cost variance = 1000 * (48.15 - 32)
Labor Cost variance = 1000 * 16.15
Labor Cost variance = 16,150
Answer:
That statement is false.
Explanation:
A work in printing technology will resulted in a form of art that has a concrete physical form. (Such as magazine cover, poster, Creative handbooks, etc).
The work result from People who works as a film editor. (especially those who focused in coordinating music) do not have such concrete physical form. All of their works will be given in a file format.
