Answer:
No close substitutes for the product exist and there is one seller.
Explanation:
Answer: (B) The firm is using a regional approach to international expansion
Explanation:
The Skaredykat Inc., is one of the firm which is using a regional approach or strategy for the international expansion purpose beyond its actual home market.
A regional approach is one of the type of business strategy that helps in boost the performance of an organization and it is typically used in the global initiatives.
According to the given question, The firm is using the regional approach for the purpose of international expansion that also include its home country and by using the proper business planning and also strategies we can easily expanding the business into international level.
Therefore, Option (B) is correct answer.
Answer:
A
Explanation:
There is a sequence of preparing statements of financial statements because some statements use information from other statements of financial position. The income statement does not require information from any other statements. The retained earnings need information from income statement to calculate current retained earnings. The balance sheets require information from statement of retained earnings(retained earnings for this period).
Answer:
$10,125 Favorable
Actual quantity of the cost-allocation base used - Actual quantity of the cost-allocation base that should have been used to produce the actual output) × Budgeted variable overhead cost per unit of the cost-allocation base
Explanation:
Variable overhead spending variance = Actual Spending - budgeted Spending based on actual quantity
Variable overhead spending variance = (Actual Input x Actual rate) - ( Actual input x Budgeted rate)
Variable overhead spending variance = (10,125 x $29) - ( 10,125 x $30)
Variable overhead spending variance = $293,625 - $303,750
Variable overhead spending variance = $10,125 Favorable
Variable overhead spending variance is
Actual quantity of the cost-allocation base used - Actual quantity of the cost-allocation base that should have been used to produce the actual output) × Budgeted variable overhead cost per unit of the cost-allocation base
