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GaryK [48]
2 years ago
15

What is a commodity

Business
2 answers:
Misha Larkins [42]2 years ago
6 0
It’s a Noun. Meaning a raw material or primary agricultural product that can be bought & sold, such as copper or coffee.

• a useful or valuable thing, such as water or time
rjkz [21]2 years ago
5 0

Answer:

Something useful or valuable.

Explanation:

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Tatham Corporation produces a single product. The standard costs for one unit of its Clan product are as​ follows:
Alla [95]

Answer:

$3,500 Unfavorable

Explanation:

The computation of variable overhead efficiency variance for Clan for November Year 2 is shown below:-

Variable overhead efficiency variance

=  (Standard labor hours - actual labor hours) × (Standard variable overhead rate)

= (3,500 × 2 - 7,500) × $7

= (7,000 - 7,500) × $7

= $3,500 Unfavorable

Therefore for computing the Variable overhead efficiency variance we simply applied the above formula.

3 0
3 years ago
Teel Printing uses two measures of activity, press runs, and book set-ups, in the cost formulas in its budgets and performance r
hoa [83]

Answer:

Spending variance                              $100 unfavorable

Explanation:

The spending variance is the difference between the standard cost allowed for the actual activity and the actual cost of the activity

                                                                                                    $

Standard cost allowed for the actual activity

=7,850 + (402×203) + (952×112)=                                          196,080

Actual cost                                                                                <u>196,180</u>

Spending variance                                                                       <u> 100</u> unfavorable

6 0
3 years ago
discuss how Continuous Improvement is impacting healthcare, banking, retail and/or government (choose one area). Merger of Lean
kozerog [31]

Answer:

Explanation:

<u>How Continuous Improvement is impacting Healthcare</u>

1. There is now a greater availability of consultancy services

2. Community health awareness programs are instilling health consciousness and care in members of remote communities

3. The presence of NGOs (Non-governmental Organizations) and NPOs (Non-profit Organizations) is increasing the availability of free medicines, equipment and healthcare infrastructure in low-income countries or states

4. Technological revolution has affected the health sector as well. Medical services and interactions between patients and doctors, has gone digital. Software applications were doctors and patients can meet, are now in vogue. This has reduced the stress, costs and risks involved in migrating from one place to another to deliver or receive healthcare. It also helps proffer immediate (temporary or permanent) solutions to emergency cases.

5. Apart from making good use of technology and philanthropy, regular scientific research impacts healthcare positively; by serving better ways to treat certain ailments and searching out the cures to new ailments or pandemics.

4 0
3 years ago
Which of the following is true of cellphone communication?​ ​It is free from policies and legal restrictions. ​It is cost-effect
Yuki888 [10]

Answer: Statement B and D

Explanation:

Option A : cellphone communication companies and the respective authorities of the countries in which they operate have their own legal restrictions and policies regarding cellphone communication.

Option C : Mobile tapping and on call recording crimes are common these days so cellphones cannot be considered completely confidential and not prone to misuse .

8 0
3 years ago
If a congressional leader passes a bill favorable to a particular pharmaceutical firm, then resigns to take a consultant positio
umka21 [38]

The answer to this question is that it is an example of regulatory capture.

<span>Regulatory capture is a situation where in the interest of the business or firm is being prioritized by the firm in order for them to advance and succeed. There are two types of regulatory capture; a materialistic capture and non-materialistic capture.</span>

5 0
3 years ago
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