Answer:
The correct answer is letter "C": Sprint Goal, Sprint Backlog.
Explanation:
Sprint Planning is the first event where the task to be done in the course of the sprint is planned. In this meeting, the <em>Scrum Master, Product Owner, and the Developing team</em> meet. After brainstorming, the Sprint goal is set during the first half of the planning. In the second half, the Sprint backlog is created to establish the steps that will be taken in the effort of achieving the Sprint plan.
Answer:
Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate
Explanation:
Giving the following information:
Benson produced 4000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 25,000 direct labor hours and actual total direct labor costs were $250,000.
<u>We need the information regarding the standard rate for each hour of labor and the number of hours required to manufacture each unit</u>. The formula for direct labor efficiency variance is:
Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate
Answer:
Structural Unemployment
Explanation:
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Answer:
$96 per day
Explanation:
Competitive advantage refers to producing or doing something more efficiently than others. Susan has a competitive advantage in picking coffee beans as she can pick 4 pounds of coffee beans in an hour as compared to nuts which she can only pick 2 in an hour. She also has an advantage in picking coffee beans over Tom who can only pick 2 pounds of coffee beans while taking the same time as Susan do for 4 pounds.
Tom, on the other hand, has a competitive advantage in picking nuts as he can pick twice the amount of nuts than Susan can pick in an hour.
If both were to specialize in their competitive advantage,
- Susan can pick, 4 × 6 = 24 pounds of coffee beans per day
- Tom can pick, 4 × 6 = 24 pounds of nuts per day
So, if they sell their produces at the world market, they can collectively earn a total of $96 per day.
- Total Earning = 24 pounds coffee beans × $2 + 24 pounds of nuts × $2 = $96