The correct option is D.
Economic regulation refers to imposition of rules by a government, backed by the use of penalties that are specifically targeted at modifying the economic behavior of individuals or industries in the private sector. Regulation is often used to narrow down choices in the targeted area.
Answer:
Strengths:
- Name recognition is the biggest strength.
- they offer variety of products than its competitors and the products are of good quality at an affordable price.
Weaknesses:
- As it is being run as full-fledged restaurant overhead cost is high. this means their overhead cost is higher.
- They mostly cover urban areas with a considerable population and customer segment.
Opportunities:
- They have further scope to increase their product line according to the location and increase the revenue.
- Their facilities can be made more attractive and innovative to engage more customers.
- the business can lend and promote discounts to increase the satisfaction level of the customer.
Threats:
- increasing competition.
- Raising raw material price, especially dairy products that costomers want/need.
the business should work on:
The company has to focus more on new product development. Further, it is recommended to customize the taste of the product according to the local needs. Also, if the overhead cost is reduced by implementing modern and more economical infrastructure facility. The company has to make sure that, the facility also attract more customers. This would be added advantage to provide more offers and discounts to the customer. Hence this would increase customer satisfaction and bring more loyal customers.
Explanation:
Answer:
1. $28
2. $278,040
3. $7,560 under-applied
4. $8.8536
Explanation:
The computation is shown below
1. Predetermined overhead rate = (Total Budgeted: Overhead) ÷ (estimated direct labor-hours)
= $285,600 ÷ 10,200 hours
= $28
2. The applied overhead would be
= Actual direct labor-hours × predetermined overhead rate
= 9,930 hours × $28
= $278,040
3. The over applied or under applied would be
= Actual manufacturing overhead - applied overhead
= $285,600 - $278,040
= $7,560 under-applied
4. Total cost per unit would be
= (Prime Cost + Applied Overhead) ÷ (Number of units)
= ($1,050,000 + $278,040) ÷ (150,000 units
= $1,328,040 ÷ 150,000 units
= $8.8536
I believe the answer is: orientation
In business setting, orientation refers to the process of familiarizing oneself to company's culture and operation. Conducting orientation as new recruits would speed up your adaptation process, make it more easier for your coworkers and bosses to accept you, and ensure that you are not left behind in term of expected performance.