Answer: The stated purpose of the food administration during the great war was to reduce food consumption by civilians (B)
Explanation:
The U. S. Food Administration was the department responsible for the administration of the United States army abroad and food reserves of its allies during the World War 1. An important role of the United States Food Administration was the regulation of the price of wheat in the market.
During the war, the United States was short of commodities because the commodities were sold to their allies hence, every citizen were asked to donate horses, weapons and ammunition they had to help supply the army. It was done so that food for soldiers wouldn't be an issue.
Answer:
7,500 Unfavorable
Explanation:
Standard rate = $5 per pound
Actual quantity = 37,500 pounds
Direct labor quantity variance:
= Standard rate × (Standard quantity - Actual quantity)
= 5 × [(12,000 units × 3 pounds) - 37,500 pounds]
= 5 × [36,000 pounds - 37,500 pounds]
= 5 × 1,500
= 7,500 Unfavorable
Therefore, the direct materials quantity variance was 7,500 Unfavorable.
Consider the information below for a purely competitive firm : if output is two units, then mr > mc > avc and output should be <u>increased</u>.
Answer:
A : $28.25 is the total production cost per unit under Absorption Costing.
Explanation:
The absorption costing method is a costing method that is applied in evaluating inventory which not only covers the cost of materials and labor but including both variable and fixed manufacturing overhead costs also.
Under the absorption costing, the unit product cost is calculated as follows:
<em>Total production cost per unit = Direct materials + Direct labor + Variable overhead + Fixed manufacturing overhead allocated</em>
Total production cost per unit = 8.00 + 7.25 + 5.50 + 7.50
= $28.25
$28.25 is the total production cost per unit under Absorption Costing.
Answer:
2. He starts his day by looking at how well he’s doing on his company’s key performance indicators.
4. He values what his coworkers think and encourages them to give their opinions in his marketing meetings.
Explanation:
In order to evaluate and adapt, a constant critical analysis and different visions are a sole focus. In order for Levi to grow as strategist, he needs to keep an eye on the goals and keep daily updates of what is done and what more needs to be done.
For him to develop his vision broader, he can take opinions from the coworkers and encourage them for it because it will give him a different perspective of the same situation which is always helpful in terms of finding solutions to problems.
