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3 years ago

What kind of transition does a peak mark in the business cycle?

Business

1 answer:

MissTica3 years ago

8 0

expansion to contraction

Explanation:

The peak in a business cycle is marked by super-heated business sentiments, growth in business and increased production and hence enhanced profits. However, the transition to peak cycle is marked by a continuous phase of declining production capacity, depreciating profits and contraction of the business process.

Peak, contraction, slowdown, recovery is the phases of the cyclical business process. Peak gives way for contraction which eventually leads to slowdown. After a brief period of lull, the business recovers and again it ascends its peak and the cycle continues.

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Bowie Sporting Goods manufactures sleeping bags. The manufacturing standards per sleeping bag, based on 5,000 sleeping bags per

grin007 [14]

Answer:

Total Material Variance = $52,130 Unfavorable

Explanation:

Total Material Variance = Actual Cost - Standard Cost

Total Material Variance = Direct Material Price Variance + Direct Material Usage Variance.

But here, we will calculate straight, therefore

Standard cost for 5,200 sleeping bags

= 5,200 $\times$ 4 $\times$ $5.50 = $114,400

Actual Cost = 27,300 $\times$ $6.10 = $166,530

Total Material Variance = $166,530 - $114,400 = $52,130 Unfavorable

As this is the positive, as also Actual cost is higher than standard therefore, this is unfavorable.

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3 years ago

A group of architects and engineers has been organized to plan the construction of a new bridge. the team members are getting to

yuradex [85]

The answer is e norming

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3 years ago

Read 2 more answers

Use AD/AS model to explain how Canadian economy saw 4% Real GDP with very little inflation. Select one: a. Canada's Aggregate de

Marianna [84]

Answer:

The Correct Answer is "D"

Explanation:

When aggregate demand moves to the right; there is an enhancement in the general cost level just as the genuine GDP. When there is a rightward move of the aggregate supply, genuine GDP increments yet broad value level reductions. It might happen that the size of the two movements is same with the goal that cost level stays unaltered pretty much however genuine GDP increments.

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4 years ago

2. Matthew bakes apple pies that he sells at the local farmer’s market. If the price of apples increases, the a. supply curve fo

nikklg [1K]

Answer:

The correct answer is option b.

Explanation:

Mathew bakes and sells apple pies. Apple here is used as an input. If the price of apple increases, it means the cost of producing apple pies is increasing as well.

At the given cost the firm will be able to produce fewer apple pies. This will cause a reduction in the supply of apple pies. Consequently, the supply curve will shift to the left.

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3 years ago

The focus of Performance Based Logistics (PBL) is to leverage best practices of both Government and Industry.

natita [175]

The focus of Performance Based Logistics (PBL) is to leverage best practices of both Government and Industry.--- True

Explanation:

PBL is synonymous with performance-based life cycle product support, where outcomes are acquired through performance-based arrangements that deliver Warfighter requirements and incentivize product support providers to reduce costs through innovation. These Product Support Arrangements (PSA) are contracts with industry or intragovernmental agreements.

What is the focus of performance based logistics?

Performance-Based Logistics (PBL) is the purchase of support as an integrated, affordable, performance package designed to optimize system readiness and meet performance goals for a weapon system through long-term support arrangements with clear lines of authority and responsibility.

How long are PBL contracts?

Effective PBL contracts are typically multi-year contracts (i.e., 3 to 5 years with additional option or award term years), with high confidence level for exercising options/award term years.

Learn more about performance based logistics:

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8 0

2 years ago