Answer:
Option C, SAME WEIGHTS
Explanation:
A hazard is any source of potential damage, harm or adverse health effects on something or someone.
Risk assessment is a framework that uses hazard category as a starting point for evaluating risks. Risk assessment can be used in any situation where death, system loss, or property, equipment or environmental damage is a concern.
Experts use different risk assessment methods and approaches. Technical experts assign same weights to different ways of dying so they assign equal weights to hazards that take many lives at one time and to hazards that many lives at once.
Therefore, the answer that best suits the question is option C. Experts tend to assign the SAME WEIGHTS to hazards that take many lives at once as they do to hazards that take many lives one at a time.
Answer:
Direct material quantity variance= $840 unfavorable
Explanation:
Giving the following information:
Dorsey Corporation Company budgeted 600 pounds of direct materials costing $28.00 per pound to make 7,000 units of product.
The company used 630 pounds of direct materials to make the 7,000 units.
To calculate the direct material quantity variance, we need to use the following formula:
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (600 - 630)*28
Direct material quantity variance= $840 unfavorable
Answer:
The correct answer is letter "D": cost advantage strategy.
Explanation:
Cost advantage strategy is a technique implemented by companies to provide equal benefits to consumers at a lower price than competitors. Firms achieve this practice by maximizing the utilization of technology, processes, and resources. If a company implements and sustains operations with a cost advantage strategy it is said it has obtained a comparative advantage.
Answer:
With an eye for well-crafted essays, illuminating long-form investigative journalism, and compelling subjects given short-shrift by the big publishing houses, Dispatch Books seeks to provide readers with electronic books of conspicuous quality which offer unique perspectives found nowhere else.
Answer:
$23.45 per unit
Explanation:
Given that,
Units produced = 9,000 units
Direct labor = $7.25 per unit
Direct material = $8.00 per unit
Variable overhead = $5.50 per unit
Total production cost = $28.25 per unit
Fixed overhead:
= $67,500 ÷ 25,000 units
= $2.70 per unit
Total product cost per unit:
= Direct material cost per unit + Direct labor cost per unit + Variable overhead cost per unit + Fixed overhead
= $8.00 per unit + $7.25 per unit + $5.50 per unit + $2.70 per unit
= $23.45 per unit
