The cost object of the plant-wide overhead rate method is "The unit of product"
Explanation:
Unit cost is the total production cost divided by the number of units manufactured. A company usually produces similar products in lots with hundreds or thousands of units per batch.
An overall overhead rate for the entire plant is a single level used only to allocate or assign all overhead production costs for a company to its output of production. Products for easier operation, such as assembly, can be allocated overhead at a level of $20 per hour of direct work.
The state of Delaware offers the lowest organizational costs for a corporation. This is further explained below.
<h3>What is Delaware?</h3>
Generally, Native Americans are Someone who used to live in the Delaware River valley in New Jersey and eastern Pennsylvania.
In conclusion, When it comes to establishing a company, Delaware is the most budget-friendly option.
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The statement <u>A. Grayson is underemployed</u> best describes the Grayson's situation.
<u>Explanation</u>:
A person is said to be underemployed if he works for low wage or works for the job that does not make use of his skills.
Underemployment occurs due to excess of labor availability in-spite of work demand. The technological change may also cause underemployment. Underemployment causes due to decline in the economy.
In the above scenario, Grayson was underemployed due to downturn in the economy. He previously worked as a field technician but he was laid off due to decline in economy. Later he was appointed as stock employee at Home Depot.
Answer: Harder to sustain cooperation
Explanation:
When the number of firms in an oligopolistic market increases as is the case here, cooperation becomes harder because profits become smaller so companies start to become more selfish.
Also in this scenario, the cheating firm has the incentive to do so because the profit is so much higher than sharing so companies will always be looking to cheat in order to make this profit. The other firms would reply by reducing prices and all of them would suffer.
Answer: Option C
Explanation: In simple words, market segmentation refers to the process in which an organisation divides one broad market into different small segments on the basis of their common needs and preferences.
Market segmentation helps an organisation in their marking activities by promoting their product in different markets as per the choice of the costumers in that market.
