The answer is $22.50 less
Answer:
1. Cost of Leather
Leather strips cost $12 as a standard for labor.
Cost of Leather = $12 * quantity
Cost of Leather = $12 * 92,000
= $1,104,000
2. DIrect Labor Cost
Costs $9 per the amount of time it takes to produce the belts.
Labor Cost = 9 * 92,000
Labor Cost = $828,000
Answer: $207,00
Explanation:
Postretirement benefit for the year is:
= Service cost + Interest cost + Amortization of prior service cost - Return on plant assets - Amortization of net gain
Interest cost = Discount rate * Actual Projected benefit obligation (APBO)
= 8% * 800,000
= $64,000
Return on plant assets = Return on plan assets (actual and expected)* Plan assets
= 10% * 80,000
= $8,000
Postretirement benefit = 150,000 + 64,000 + 2,000 - 8,000 - 1,000
= $207,000
Answer:
Group think bias
Explanation:
Groupthink bias occurs when people believe in something because other people believe in it. It is when everyone comes to the same conclusion concerning a matter.
In the meeting everyone agreed with the CEO, this is an instance of groupthink.
Anchoring bias is when a person's decision is overly anchored on an initial information given when making a decision.
Confirmation bias is when a person arrives at a conclusion in line with their beliefs.
Availability bias is basing decisions on past instances that comes to mind when making the decision.
Hindsight bias occurs when people over estimate their abilities to predict how an event would have turned out in hindsight.
Answer: some of microsofts competitors
Explanation:
The antitrust laws is a law that is intent is to prevent companies from playing dirty to make and boost their profits. In recent years, the most famous restrictive practices case of the last several decades involved a series of lawsuits by some of microsofts competitors.
The antitrust laws ensures that a compan is not the only one that control the market, and also does not inflate prices. In 1998, Microsoft was accused that the company wanted dot create a monopoly by giving its browser software for free and was sued.
Also recently, few days before the introduction of Windows Vista by Microsoft to European consumers, there was a group of competitors that said that the European antitrust law was violated by the Windows Vista because it will lead to the decrease in demand for their own applications that are less popular. Some of the competitors involvee in this were International Business Machines Corp., Adobe Inc., RealNetworks Inc., Nokia Corp., and Sun Microsystems, Inc.