<span>The answer is self-managed team. It is a group of people, usually workers in a company, who combine different expertise and capacities to work without the typical managerial supervision toward a shared purpose or goal. They are also called self-directed team or self-managed natural work team.</span>
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Actual:
Cost per hour=18
Labor hours per unit= 1.5
Standard:
Labor cost per hour= $17.50
Labor hours per unit= 1.4
During March, Padmaja produced 2,100 units.
To calculate the labor efficiency variance we need to use the following formula:
Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor efficiency variance= (2,100*1.4hours - 2,100*1.5 hours)*17.50
Direct labor efficiency variance= $3,675 unfavorable
Answer: See explanation
Explanation:
Since the cheese companies are paying to store their excess cheese in hopes demand and prices will improve, then this will bring about the reduction in the supply of cheese in the market but the demand for cheese will still be constant.
Due to the fact that there is shortage of supply, the supply curve will shift leftward and as a result of this, the price if cheese will increase and the quantity demanded by the customers will then decrease as a result of price increase.
Answer:
c. leave the production possibilities unchanged and increase their consumption possibilities.
Explanation:
Economies benefit from trade as each will produce goods with comparative advantage and trade in the foreing market Making increase their consumption possibilities as will sale good at better prices and purchase other imported goods with a lower opportunity cost. Overall economies will benefit from trade most of the times.
Answer:
A
Explanation:
to ensure that you pay at least the minimum amount by the due date.
