Answer:
The cost assigned to Job 7 at the end of the week is 5,700 dollars.
Explanation:
In job order costing the cost that is to be assign to a specific order is sum of actual direct material cost and actual labour cost require to perform that job. Factory overheads are also added to the job cost on the basis of allocation method (on basis of budgeted applied OH rate).
So Following costs will be assign to Job 7.
RAW materail = $ 700
Labor Cost = $ 3000
Overhead = $ 2000 (10* 20)
Total Cost = $ 5700
That companies gain a competitive advantage by giving customers focus, cost leadership, and differentiation
<h3>
What is competitive advantage?</h3>
A firm seeks a competitive advantage when it aims to surpass its rivals in terms of profitability. An organization must be able to communicate to its chosen target market that it has a higher comparative or differential value than its rivals in order to establish and retain a competitive advantage. For instance, a business is likely to have a competitive advantage if it advertises a product at a lower price than a similar product from a rival. The same holds true if the marketed item is more expensive but has special characteristics that buyers are ready to pay for.
The SWOT (Strengths, Weaknesses, Opportunities, and Threats) analytical technique is credited to Albert Humphrey at the Stanford Research Institute. Porter's Five Forces is an alternative model that helps businesses understand their position within a competitive landscape.
Answer: IND report
Explanation:
A sponsor investigator has numerous roles to perform which includes
Control of the investigational drug
Record retention
Reporting
Assurance of IRB review
Inspection.
So, under the reporting role he or she will be saddled with the responsibility of giving an annual report of the IND investigation.
As a member of the Federal Reserve Board, in an inflationary situation I would suggest a change in the federal funds rate that would be accomplished by raising the base interest rate of the US economy. This would make bonds more attractive and people would stop consuming to invest in public debt securities. In addition, raising interest rates would discourage credit, causing banks to lend less. Since inflation is a monetary phenomenon caused by the excess of currency in circulation, these measures would have a downward effect on inflation, as they reduce the amount of money in circulation in the economy.
To bring in a test group to try out the products before they are released to the general public so that you can work out any issues that the product may contain.
