Answer:
The arbitrage profits to the grocer.
Explanation:
Arbitrage refers to the process of simultaneous purchase and sale of an asset to earn profits. The traders exploit the price difference in different markets through arbitrage.
Here, in the given example, the purchase of oranges from the orchard and then its resale to the consumers is an example of arbitrage. The orchard and consumers are in two different markets.
The profit earns through this purchase and sale of oranges will be considered arbitrage profit.
Answer:
Estimated manufacturing overhead rate= $0.50 per direct labor dollar
Explanation:
Giving the following formula:
The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base.
The estimated overhead costs for the year are $26,000.
Direct labor cost per unit:
Totes= $53
Satchels= $61
Number of units:
Totes= 520
Satchels= 400
First, we need to calculate the total direct labor cost:
Total direct labor cost= 53*520 + 61*400= $51,960
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= 26,000/51,960= $0.50 per direct labor dollar
Answer: "matrix boss" .
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Answer:
The correct answer is B
Explanation:
Marketing opportunity is the opportunity which is a lead of sales accepted and qualified as need of the service or the product. The sales representative states the opportunity for selling to the company or an individual.
So, it is an example for capitalizing as well as identifying the opportunity in the market while the strategic window is open.
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