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Lesechka [4]
3 years ago
15

The theory of _____ in which countries specialize in goods that have a lower opportunity cost, is citied by supporters of free t

rade
Business
1 answer:
tangare [24]3 years ago
4 0

Answer:

comparative advantage

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Surfer sam company produced 4,000 units of product that required 2.5 standard hours per unit. the standard fixed overhead cost p
Svet_ta [14]

The fixed factory overhead volume variance is $400 (unfavorable)

solution

Fixed Overhead Volume Variance = Applied Fixed Overhead – Budgeted Fixed Overhead

Applied Fixed Overhead = 4,000 units ×2.5 hrs per unit×$0.80 = $8000

Applied Fixed Overhead= 4,000 units ×2.5 hrs per unit×$0.80 = $8000

and

Budgeted Fixed Overhead =10,500 hrs × $0.80 = $8400

Budgeted Fixed Overhead =10,500 hrs × $0.80 = $8400

Fixed Overhead Volume Variance = $8000- $8400 = $400 (unfavorable)

Fixed Overhead Volume Variance = 8000- 8400 = 400 (unfavorable)

3 0
3 years ago
Dana spends several hours researching prices and online reviews of t-shirts for a school
Sunny_sXe [5.5K]

Answer:

B. The time spent on the task

Explanation:

The time that Dana spends carrying out her task is a cost to her.  That cost can be calculated by ascertaining the gains or benefits she has missed due to the research.

If Dana were not doing the research, she would be engaged in other activities. Those activities could have been of benefit to her, be it financially or otherwise. The benefits foregone are the cost of Dana doing the research.

8 0
3 years ago
Here are the comparattive income statements of Georgia Development Corporation.
Oxana [17]

Answer:

When using horizontal analysis, figures are compared across different years with the subsequent year differences with the base year figures being a percentage of the base year's figures.

                                   12/31/2017        12/31/2016       Difference     Percentage

Net sales                        $600,000        $500,000       $100,000          20.0%

Cost of goods sold        <u>$414,000         $350,000 </u>       $64,000           18.3%

Gross profit                    $186,000          $150,000       $36,000            24.0%

Operating expenses     <u> $150,000         $120,000</u>        $30,000           25.0%

Net income                     $36,000            $30,000        $6,000             20.0%

Net sales percentage = 100,000 / 500,000 = 20%

Cost of goods sold = 64,000 / 350,000 = 18.3%

Gross profit = 36,000 / 150,000 = 24%

Operating expenses = 30,000 / 120,000 = 25%

Net income = 6,000 / 30,000 = 20%

6 0
3 years ago
What was the problem with some of the loans that Banks were making
Klio2033 [76]
Anwsergrhebuddhjenebrbtbf


Explation:
4 0
3 years ago
A Six sigma (6s) approach to quality focuses on preventing defects by using customer feedback to reduce variation and waste. Gro
andre [41]

Answer:

False

Explanation:

Six sigma is a tool used by organizations to improve their processes and reduce defects, to improve quality of their products or services.

<u><em>It focuses on reducing variation in the business processes (from manufacturing, sales, delivery, to customer service), to reduce defects and increase the quality of goods and services</em></u><em>.</em> <em>It also generally improves organizational performance and increases profit.</em>

Six sigma does NOT focus on customers feedback to reduce variation and waste.

3 0
4 years ago
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