Answer:
The answer is (B) The society which Greg belongs is low on social stratification.
Explanation:
To start with, social stratification is the manner which a society categorizes or group people according to social and economic factors like race, education, wealth, gender, income, occupation, derived power and social status.
Since Greg belongs to a society that doesn't prioritize distinction between people and groups, it can be unarguably noted that the society he belongs is low on social stratification. It is even more evident by the fact that the managers of Greg's company - Sonata DCM are from different classes and cultures.
Answer:
Explanation:
Standard pounds per cake = 3 pounds
Standard unit price = $3
Standard pounds 5500 cakes = 16,500 pounds
Actual pounds per 5500 cakes = 16,650
Variance = (16,650 - 16,500)=150
Cost of actual materials used = actual materials * standard price
=16,650*3 =49,950
Cost of work in progress = Standard materials * standard price = 16,500*3= 49.500
Direct material quantity variance = Quantity variance * 3
150*3 = 450
Journal entry
Debit work in progress = 49,500
Debit material quantity variance = 450
Credit Material = 49,950
Annual rate of return uses a simpler calculation that does not require the use of annuity tables.
What is annuity tables?
A tool for calculating the present value of an annuity or other structured sequence of payments is an annuity table. In order to calculate how much money would be owed to an annuity buyer or annuitant, such a tool, used by accountants, actuaries, and other insurance experts, considers how much money has been invested in an annuity and how long it has been there.
A financial calculator or the software designed for this purpose can also be used to calculate the present value of any future annuity amount.
A tool for figuring out an annuity's present value is an annuity table.
Learn more about annuity tables with the help of given link:-
brainly.com/question/15138110
#SPJ4
Answer:
a.country a has a lower opportunity cost for producing televisions.
Explanation:
Central to the theory of comparative advantage is opportunity cost, opportunity cost is the gain an individual, firm, or government will have to forgo when they choose an option instead of another.
In economics, comparative advantage is achieved when a country can produce goods or services at a lower opportunity cost than others.
The theory of comparative advantage was propounded by David Ricardo in his book 'The Principles of Political Economy and Taxation' (1817).
Therefore country a has comparative advantage in the production of television over country b, if country a has a lower opportunity cost for producing televisions compared to b.