Answer: B. Cats in a bag
Explanation:
oligopolistic firms is a small number of firms who realize that they all constitute such a small number of firms that they enjoy a lot of power together. so together they are cats in a bag.
It's best to use process tailoring when they are facing difficulties with the current agile projects strategy or they want to create improvement by trying new things.
Through process tailoring, management could adjust current strategy with unique problems/situation that faced by the organization in order to increase the efficiency.
Answer:
Allocated MOH= $18,750
Explanation:
Giving the following information:
The estimated total factory overhead= $300,000
Total estimated direct labor cost= $240,000.
The actual direct labor cost was $15,000.
First, we need to calculate the estimated overhead rate based on direct labor cost. Then, we can allocate overhead.
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 300,000/240,000= $1.25 per direct labor dollar
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 1.25*15,000
Allocated MOH= $18,750
Answer:
C. order getter
Explanation:
Based on the information provided within the question it can be said that this type of salesperson is referred to as an order getter. This is the person focuses on identifying potential customers, giving them information about a product/service, and persuades them into buying what he/she is offering in order to close a sale and gain a loyal customer. Which is exactly what Ju Li believes in doing.
Answer:
Direct material quantity variance= $1,400 unfavorable
Explanation:
Giving the following information:
Standard quantity 7.5 liters per unit Standard price $ 2.00 per liter
Actual production was 3,400 units.
The company used 26,200 liters of direct material.
<u>To calculate the direct material quantity variance, we need to use the following formula:</u>
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (7.5*3,400 - 26,200)*2
Direct material quantity variance= (25,500 - 26,200)*2
Direct material quantity variance= $1,400 unfavorable
