Mortgage is the loan you get and repay on a house
Its definitely not rent
Answer:
<u>TQM requires constant improvements in all areas of the company as well as employee empowerment.</u>
Explanation:
As the name implies, total quality management requires constant improvements in all areas of the company as well as employee empowerment.
In other words, the company expects 99.99% accuracy in all areas of operations which should also include employee empowerment so that they can better meet quality standards.
Answer:
Predetermined manufacturing overhead rate= $1.6016 per direct labor hour
Explanation:
Giving the following information:
Estimated direct labor hours 250,000
Estimated manufacturing overhead costs $400,400
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 400,400 / 250,000
Predetermined manufacturing overhead rate= $1.6016 per direct labor hour
Answer:
D. overcome the fear of being alone in a hostile world
Explanation:
Answer:
B. neither a competitive firm nor a monopolistically competitive firm charges a markup over marginal cost.
Explanation:
Marginal cost is the price added by producing an additional unit of a good. At a long-run equilibrium condition, two or more monopolistically competitive firm's economic profits are zero, therefore any new firm venturing into the market has no incentive. Thus, neither a competitive firm nor a monopolistically competitive firm charges a markup over marginal cost.