Answer:
$500 U
Explanation:
From the given information:
Standard hours allowed = 3900 × 2
= 7800 hours
The variable overhead efficiency variance = ( actual hours - standard hours) × standard variable overhead rate
= (8000 -7800) × $2.50
=(200) × $2.50
= $500 U (unfavourable)
Answer:
If a purely competitive firm shuts down in the short run: it will realize a loss equal to its total variable costs.
Explanation:
Shutting down in the short run is a proactive action undertaken by competitive firm to to avoid losses.
Otherwise, if they continue production, they will accrue more losses from operating cost.
in the short run, the firm has is committed to pay spend on recurrent expenditure and even if the firm produces a quantity of zero, it would still make losses because it would still need to pay for its fixed costs such as rent and insurance,
Therefore, competitive firms shut down in the short run so that they can reduce variable costs to zero.
Answer:
See below
Explanation:
Public corporation
<u>Stockholder control:</u> stockholders or shareholders are the owners. They control the corporation by electing the board of directors.
Government corporation
<u>Public regulation: </u>Is fully or partially owned by the government. They are formed and governed through legislation.
General Partnership
<u>Collective decision-making</u>. Partners share in the running of the business. Decisions are made after consultations with partners.
Sole proprietorship
<u>Unlimited liability.</u> The business and owner are treated as one entity. Assets and debts of the business belong to the owner.
Think about this, our bodies need salt, salt is in almost ALL of our everyday uses. including contact solution, most foods and salt itself, knowing this where would YOU place it?
Answer:As a person engaged in the image business, the impression you project consists of your outward apperance the conduct you exhibt in the workplace is known as
Explanation:j