Answer:
Fixed Overheads Spending Variance = $5,000 Unfavorable(U).
Fixed Overheads Spending Variance = $20,000 Favorable (F).
Explanation:
Fixed Overheads Spending Variance = Actual Fixed Overheads - Budgeted Fixed Overheads
= $305,000 - $300,000
= $5,000 Unfavorable(U).
Fixed Overheads Spending Variance = Fixed Overheads at Actual Production - Budgeted Fixed Overheads
= ($5.00 × 64,000) - $300,000
= $320,000 - $300,000
= $20,000 Favorable (F)
Answer:
Ricardo should specialize in the production of computer because it has a lower opportunity cost.
Smith should specialize in the production of smart phone because of the lower opportunity cost.
Explanation:
The opportunity cost for Smith to produce 1 computer is 4 smartphone(s).
1:4
The opportunity cost for Ricardo to produce 1 computer is 2 smartphone(s).
1:2
The opportunity cost for Smith to produce 1 smartphone is 1/4 of a computer(s).
1:1/4
The opportunity cost for Ricardo to produce 1 smartphone is 1/2of a computer(s).
1:1/2
Ricardo should specialize in the production of computer because it has a lower opportunity cost.
Smith should specialize in the production of smart phone because of the lower opportunity cost.
Question Completion with Options:
A) marketing consultant.
B) brand manager.
C) operations analyst.
D) marketing intermediary
Answer:
Prime Cuts
Karen obviously serves in the job of:
A) marketing consultant.
Explanation:
Brand managers ensure that the image perceived by customers of Prime Cuts remains recognizable, up to date, and exciting. Brand managers promote and change the public perception of a brand's image. They ensure that the company's branding is consistent across advertising and other brand campaigns. A marketing consultant or manager ensures that prospective customers are reached with Prime Cuts in order to present them with the goods and to increase sales. She works to achieve effective marketing mix.
Answer: different viewpoint
Explanation: In simple words, it refers to a situation in which different different parties have different ideas and beliefs towards a specific subject matter.
In the given case, the authorities implementing the school system and the teachers teaching in it have different views regarding the new system.
Hence we can conclude that the above case depicts different viewpoint situation.
Answer: Merv will reduce his price to respond to the price competition from the Home Shoppe.
Explanation: Ideally, people always look for the best deal they can get. The home shoppe offers the same product for less price. Customers will naturally troop to the home shoppe because of the lower price of garnet sandpaper. In order for Merv to compete with a big store, he has to start with his prices first.
