Answer:
Answer//// Tom Cotton owes Sams garage;//////////////////
Explanation:
The major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.
<h3>What is a strategy?</h3>
These are devices company employ to achieve their medium and long term objectives.
Hence, the major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.
Learn more about strategies here: brainly.com/question/24462624
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Answer:
The outlook for the economy and the markets is for an improvement.
Explanation:
p/e ratio = price / earning
the higher the equity, the lower the ratio
If the p/e ratio is expected to be higher, it means that the equity would have to be lower this year than next year .
this implies that earnings would be higher next year and p/e ratio would be lower. this means there is a positive economic outlook
Answer:
a. $6
b. $3204000
Explanation:
Given:
- Product X is 534,000 units
- cost for materials $1,441,800
- cost for labour: $1,762,200
(a) a standard cost
As we know standard cost is the cost of producing 1 unit and is recorded in a standard cost card. However, the cost of labor, materials and overhead are used to make a single unit, so
standard cost = unit variable cost = the total cost / the total number of unit.
In this situation, the overheading cost is not gven, so the total cost:
= The cost of labor + materials
= $1,441,800 + $1,762,200
= $3204000
=> standard cost = $3204000 / 534,000 = $6
(b) a budgeted cost represents the total costs
The total number of units * standard cost
= 534,000 * 6
= $3204000
