Answer:
71,100
Explanation:
The calculation of standard direct labor hours is shown below:-
Labor rate variance = (Actual rate - Standard rate) × Actual hours worked
$35,000 = ($497,000 ÷ 70,000 - Standard rate) × 70,000
(7.1 - Standard rate) = $0.5
= $6.6 per hour
= Labor variance efficiency = (70,000 - Standard hour) × $6.6 per hour
= -$7,260 = (70,000 - Standard hour) × $6.6 per hour
Standard hours = $70,000 + 1,100
= 71,100
I believe the answer is: B. <span>businesses making the same product agree to limit production.
In a monopoly, only one single business exist that control the production of a certain goods in the market.
For cartel, there are a lot of established businesses with different ownership, but they agreed to control their production in order to maintain the price level in the market.
</span><span /><span>
</span>
Answer:
According to Ansoff's strategic opportunity matrix, Dietizza has adopted the ________ alternative.
a) market penetration
Explanation:
According to Ansoff's strategic opportunity matrix, Dietizza has adopted the ________ alternative.
a) market penetration
Market penetration means entering the market by increasing sales.
It can be done in a number of ways such as offering discounts, attracting customers through promotion etc.
Decreasing price for a special event which would be again a discount.
Ansoff's strategic opportunity matrix has four strategies.
a) market penetration
b) product diversification
c) product development
d) market development
Answer:
Explanation:
Let us say you are doing an essay on the gold trade on the comex. You have to read something to understand what it means to buy gold on the comex. You need to at least know what it takes to buy and sell on the comex.
What you read to find out is a reference. It has to be listed in a Bibliography which is a list of references.
