Answer:
$0.5
Explanation:
A plant's fixed total overhead cost is $500,000 for a year
400,000 widgets are required to be produced for this period
All processes require a 40,000 machine hours and the widgets use 16,000 hours out of the total hours
The first step is to calculate the fixed overhead application rate
= $500,000/40,000
= $12.5 machine-hour
The fixed overhead that is applied to the widgets can be calculated as follows
= $12.5 × 16,000
= $200,000
Therefore, the fixed overhead that is applied to each of the widgets produced can be calculated as follows
= 200,000/400,000
= $0.5
Hence the fixed overhead that is applicable to each widgets is $0.5
A(n) (transection) model is an outsourcing fee model that charges a variable fee based on the volume of transactions or operations performed by the application.(transection
Answer: Option C
Explanation: Non price competition can be defined as the business strategy under which one entity tries to distinguish its commodity offered from another entity in the market with the help of advertising and promotion etc.
Non price competition is generally seen in the oligopoly market structure. The difference between two products in an oligopoly having non price competition is based on the design or workmanship of the manufacturer.
Answer:
organic word-of-mouth
Explanation:
Organic word-of-mouth refers to the situation in which a person turns into a promoter for a product providing information about it without any influence because he/she is satisfied with the product and wants to share it with other people. According to this and considering that Beth found the right sunscreen and she decided to tell all her close friends about how good the product is, this is an example of organic word-of-mouth.
