Answer:
Direct labor time (efficiency) variance= $23,048 favorable
Explanation:
Giving the following information:
Standard labor-hours per unit of output 9.6 hours
Standard labor rate $ 13.40 per hour
Actual hours worked 7,400 hours
Actual output 950 units
<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Standard quantity= 9.6*950= 9,120
Direct labor time (efficiency) variance= (9,120 - 7,400)*13.4
Direct labor time (efficiency) variance= $23,048 favorable
Answer: are areas of high and low capability.
Explanation:
Strength and weakness are areas of high and low capability. Some examples of the strengths that an organization has include large market share, strong employee attitudes, economies of scale, hug integrity etc. These gives an organization an edge over its rivals.
The weakness of an organization makes such organization lag behind its rivals.
Answer:
The correct answer is Leadership.
Explanation:
Price leadership is a form of tacit collusion in which members of the oligopoly decide to set the same price that the industry leader set.
The Price Leader may be the lowest cost company or the largest company in the industry.
- There is a leading company (it dominates prices).
- There is a competitive group (price accepting).
- The leader takes into account the reactions in the market to set prices and production.
- Leadership can be profitable for the dominant oligopolist.
A company has price leadership when pricing the products of its industry and other companies, often much lower than the leader, always with adjustments. This generally happens when the products do not show great differences nor is there sufficient demand for each of the competitors to remain profitable after the price change.
As an economy moves into a recessionary period, examples of fiscal policies that act as automatic stabilizers include an increase in transfer payments.
Monetary increase refers to a boom in the size of a country's economy over a period of time. the scale of an economic system is commonly measured by the entire manufacturing of products and services inside the financial system, which is called gross home product (GDP). the financial increase may be measured in 'nominal' or 'real' terms.
The financial increase is a growth in the manufacturing of goods and offerings in a financial system. increases in capital goods, labor force, generation, and human capital can all contribute to the monetary increase.
Learn more about economic increase here:brainly.com/question/1690575
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The severity of an electrical shock is dependant upon :
- Amperage : How strong the electrical shock that you exposed to
- Duration of the exposure : The longer the duration, the more dangerous it is for your body
- The pathway of electricity to your body : The closer to the important area of your body such as brain or heart, the more dangerous it is