Answer:
a. $1,700 U
b. $3,260 F
Explanation:
a. Fixed over head budget variance = Actual fixed overhead - Budgeted fixed overhead
Actual fixed overhead = $35,700
Budgeted fixed overhead = $34,000
Fixed overhead budget variance = $35,700 - $34,000
= $1,700 U
b. Fixed overhead volume variance = Budgeted fixed overhead - Standard fixed overhead
Standard fixed overhead application rate = $2 per machine hr × 1hr
= $2
Budgeted fixed overhead = $34,000
Standard fixed overhead = Standard hours for actual output × Budgeted rate
= (18,630 units × 1hr) × $2
= $37,260
Fixed overhead volume variance
= $34,000 - $37,260
= 3,260 F
Answer:
Option (B) is correct.
Explanation:
The firms uses the marginal analysis of the goods for making decision about the production.
Marginal analysis refers to the analysis of the costs and benefits that are associated with the additional goods produced. The firm can compare the additional benefit with the additional cost that is associated with the production of additional goods.
Firms using this method for making decisions which increases their potential profits.
Answer:
violation/accident.
Explanation:
Its violation because its a violation to the property, but you also can use accident because it mean a situation not done on purpose or something unexpected which will cause damage or injury.
Data Analysis - Process. Data Analysis is a process of collecting, transforming, cleaning, and modeling data with the goal of discovering the required information. The results so obtained are communicated, suggesting conclusions, and supporting decision-making.
Answer:
The complete question is,
FreshFaced, a cosmetics manufacturer, assumes that people all over the world will view and use its products in the same way. Therefore it produces exactly the same makeup products, using the3 same color palettes, in several countries with attractive labor rates, and offers them to all of its markets around the world. Fresh Faced uses the ________________ model of international competition.
a. international
b. multinational
c. global
d. transnational
e. intranational
So the correct answer is option c. global.
Explanation:
Global model is when a company do business across the world in different countries and consider them as a one market place. They believe that as such there are no big differences in the customer needs and their preferences. It treated them equally by making the same products. The company does not go for the variations in the product depending upon the local norms and traditions of different countries. That type of business model is called global model.
The above mentioned case is an example of this model as the FreshFaced are making exactky the same products in the same way for different countries. So they are following a global model.