<u>Solution and Explanation:</u>
The given data is as follows:
Error rate = 4%, per hour payment of inspector = $8, inspection of units = at the rate of 49 per hour, cost = $9 per unit
The problem can be solved as considering an opportunity to have an improvement of 4% in the quality.
In case inspector is not hired then it will cost .04 multiply 9= $.3.6 per unit and in case the inspector is hired it will cost $ 0.163 approx.(8 divided by 49).
Therefore, on comparison, it is recommended to hire the inspector.
Answer:
d. Vaughn May pay the bonus to Brad's broker, who may then pay Brad.
Explanation:
Generally bonuses are included in the sales contract. If an owner believes that the agent made a great job and deserves an additional bonus, the bonus should be paid to the agent's broker. When the seller is paying the additional money to the broker, they should specify that it belongs to the agent. If the bonus is actually paid to Brad and in what percentage depends on the agreement that he has with his broker.
When two companies come together strategically to operate is called a joint venture.
<h3>What is a Joint Venture?</h3>
A Joint simply put is when two separate entities or business agree to share resources with the aim of archeiving similar or one objective.
Mostly, this is carried out when a company intend to enter a foreign market.
Learn more about joint venture here:
brainly.com/question/9389546
Answer:
B
Explanation:
One of the problems in economics is the allocation of goods in the presence of externalities. When externalities are present allocation of goods in private market won't be efficient because private parties won't internalize them and would arrive to an inefficient outcome. For many years this was an argument in favor of government intervention.
However, Ronald Coase showed that assigning property rights of the externality to one of the private parties (no matter which one) would result in an efficient outcome. This is because the parties with the property right would then internalize the cost. Then in the bargaining process private parties would reach an efficient outcome without the intervention of the government.
Answer:
C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.
Explanation:
Direct Material Price Variance = (Actual Price - Standard Price) 
Actual Quantity
Opening the brackets we have
Actual Price Actual Quantity - Standard Price Actual Quantity
therefore, from the options provided option C) is correct as Direct Material Price Variance is difference in Actual Cost and Standard Cost of Actual Units
Final Answer
C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.
