Answer:
c. it does not have the resources and technology to produce that level of output
Explanation:
The complete question comes with the attached figure 2 which shows a downwards sloping PPC - Production possibilities curve. 70 washers and 70 dryers display a point outside the PPC curve.
- All points outside the PPC curve signify that there are scarcity of resources to reach that level of production
- All points inside the PPC curve signify that all the resources are not being effectively used
- All points on the PPC curve signify that production equals efficient allocation of resources
Answer:
$7708 favorable
Explanation:
Volume variance shows the negative differentiation between the actual and the budgeted quantity sold at a budgeted sales price per unit.
A positive figure for volume variance indicates that it is favorable, and a negative figure for volume variance shows that it is unfavorable.
Volume variance = (Actual Quantity - Budgeted quantity sold) × Budgeted sale price per unit.
Volume variance = ( 1070 units - 988units) × $94
Volume variance = 82 units × $94
Volume variance =$7708 favorable
Answer: open listing
Explanation:
Open listing refers to the contractual agreement where a listing broker acts as the agent of a seller and a commission is agreed to be paid to the listing broker when the property is sold through the listing broker's efforts.
Therefore, the name of the agreement Jed can use to allow Chico to show the home to his buyer that would allow Chico to earn a commission if the buyer purchases Jed's home is the open listing.
Answer:
Predetermined overhead rate for department A = 1.4
Predetermined overhead rate for department B = $4
Explanation:
The computation of predetermined overhead rates would be used in Dept A and Dept B, is shown below:-
The predetermined overhead rate for department A = Manufacturing overhead ÷ Machine hours
= $91,000 ÷ $65,000
= 1.4
The predetermined overhead rate for department B = Manufacturing overhead ÷ Machine hours
= $48,000 ÷ 12,000 hours
= $4
So, we have applied the above formula.
Answer:
The correct option is A, intrapreneurship
Explanation:
Intrapreneurship implies imbibing the spirit of ownership of a business undertaking by the employee.
The employees who are intrapreneurs see themselves as the owners of the company when taking decisions that border on the businesses of the company.
Such ownership spirit makes them go the extra mile to accomplish their targets as if their whole life is completely dependent on the survival of the company
