Answer:
A. doesn't lose any sales when it raises its price
Explanation:
- As monopoly is ruled by one set of prices and they are price makers thus even f the prices rise the price will be set above the marginal cost to maximize the profits. Thus a monopoly does not lose its market share as it acts as a single dominating factor in the supply and trade of the goods and services. And it stipulates the financial dealing through a single seller.
Answer and Explanation:
a. The computation of the budget variance of the month of April is shown below:
= Actual fixed manufacturing overhead costs - budgeted fixed manufacturing overhead costs
= $249,900 - $245,000
= $4,900 unfavorable
b. The volume variance is
= (Denominator machine-hours - Standard machine-hours allowed) × Budgeted fixed overhead rate
= (7,000 machine hours - 7,300 machine hours) × $245,000 ÷ 7,000 machine hours
= $10,500 favorable
A process Of maximizing benefits Or minimizing costs.
The most suitable strategy for all parties to communicate is by using a videoconference in which allows all of the people to have a meeting and to be able to see each of the people involved in a meeting. Using a conference call may also be useful but the lacking of it is that you may not be able to see the people you're talking to. Other choices aren't suitable as this will not allow you to talk to everyone all in the same time.