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dolphi86 [110]
3 years ago
13

Nefchio is a popular website among online gamers. It uses interactive and collaborative features to create a richer, more intere

sting, and more useful experience for its users to beat the competition in the industry. In this scenario, Nefchio uses a new approach called _____.
Business
1 answer:
Mrac [35]3 years ago
5 0

Answer: Web 2.0

Explanation:

Web 2.0 are the websites that are easy to use, have participatory culture, utilize user-generated content for its end users.

This is the method used by Nefchio as we are informed that it uses interactive and collaborative features to create a richer, more interesting, and more useful experience for its users to beat the competition in the industry.

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Polaco Corporation makes a product that has the following direct labor standards: Standard direct labor-hours 0.4 hours per unit
SOVA2 [1]

The labor efficiency variance for May for Polaco Corporation is <u>$4,320 Favorable</u>.

<h3>What is the labor efficiency variance?</h3>

The labor efficiency variance shows the difference between the actual direct labor hours worked and budgeted direct labor hours,

The labor efficiency variance is computed as the Standard hours allowed for production (SH) – actual hours taken (AH) × standard rate.

<h3>Data and Calculations:</h3>

Standard direct labor-hours per unit = 0.4 hours

Standard direct labor rate = $24 per hour

Production in May = 8,500 units

Actual hours used = 3,220 hours

Standard hours allowed = 3,400 hours (8,500 x 0.4)

Labor efficiency variance = $4,320 (3,400 - 3,220 x $24)

Thus, the labor efficiency variance for May for Polaco Corporation is <u>$4,320 Favorable</u>.

Learn more about calculating labor efficiency variance at brainly.com/question/13136127

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7 0
2 years ago
Perfect competition is the term used to describe: an industry in which a few price-taking firms produce identical products. an i
Olenka [21]
An industry in which numerous price-taking firms produce identical products.
8 0
3 years ago
A successful sushi chain in Hong Kong spent $500,000 to conduct a study on whether to open a location in the United States. The
Naddik [55]

Answer:

Ndhjdyfj

Explanation:

Hm= ughf

4 0
3 years ago
Which one of the following types of losses is excluded from the determination of net income in income statements? Material losse
alexgriva [62]

Answer: The correct answer is "Material losses resulting from correction of errors related to prior periods.".

Explanation: It is generally established that the type of loss that is excluded from the determination of net income in the income statement are the material losses resulting from transactions in the company's investments account.

7 0
3 years ago
Dream Homes is an appliance store. It recently launched its own brand of freezers in order to build customer loyalty. The store
Alex787 [66]

The Pricing strategy which Dream Homes implemented is known as Price lining (Option A) which categorized the prices accordingly with the financial soundness of the customers.

Explanation:

The demand for more goods always plays a vital role in ensuring good sales. The likes of the customers towards particular products depend upon the nature of unique features and its fine quality. By capturing the pulse of the purchasing power of the customers, the business ventures fixed the prices according to the level of economical weaker sections, middle, and high-income groups.

In this case, Dream Homes fix the price of freezers by measuring the ability of customers' to buy them without compromising with the customers requirements. Dream Homes uses the price lining method to gain customers' reputation by selling the products accordingly with their status of income level.      

8 0
3 years ago
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