Answer:
Standard activity level= 100,000 units
Explanation:
Giving the following information:
Croissant Company's standard fixed overhead cost is $6 per direct labor hour based on budgeted fixed costs of $600,000. The standard allows 1 direct labor hour per unit.
Standard activity level= 600,000/6= 100,000 units
Answer: a. Railroad loading
Explanation:
This question relates to the BCG matrix which allows a company with multiple divisions to know how to deal with its various divisions based on their growth rate and market share.
The question specifically relates to a matrix called "Cash cows". Cash cows are divisions that have a significant market share but a low growth rate. These divisions are stable and bring more money into the company than they cost to run.
This allows us to take profits from them and invest in other. The Railroad loading controls a significant market share of 75% but has a low growth rate so is a Cash cow.
Answer:
$25 billion
Explanation:
The difference between a 0.25 reserve ration and a 0.20 reserve ratio is 0.05, which represents $5 billion in available money (= 0.05 x $100 billion).
If the total bank reserves is $100 billion, and the reserve ratio is 0.20, the money multiplier = 1 / 0.20 = 5.
If the banks have $5 billion available for loans and the new money multiplier = 5, then the lending capacity of the banking system will increase by $25 billion (= $5 billion available x money multiplier).
The sum of the explicit and implicit costs incurred in the production process is called total cost
Answer:
Effectively
Explanation:
In achieving competitive advantage in any market, key decisions are meant to be taken. These decisions could be to either provide superior value to customers either through product size increase or cheaper prices to customers or by delivering existing value more effectively.
In delivering value more effectively, distribution could be key here as a better and more efficient distribution network will ensure delivering value to consumers.
I hope this helps.
