Answer:
Results are below.
Explanation:
<u>To calculate the direct labor rate and efficiency variance, we need to use the following formulas:</u>
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (17.7 - 17.8)*7,600
Direct labor rate variance= $760 unfavorable
Actual rate= 135,280/7,600= $17.8
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor time (efficiency) variance= (4*1,800 - 7,600)*17.7
Direct labor time (efficiency) variance= $7,080 unfavorable
There are different kinds of activities. The process of undertaking activities to enhance and service a sponsorship once a sponsorship deal has been agreed to
<h3>What are sponsorship activities?</h3>
Sponsorships are is known to be the financial or also called an in-kind support of any kind of activities.
Businesses often sponsor things such as events, trade shows, groups, etc. so that they can reach also their business goals and boast their competitive advantage.
Learn more about sponsorship activities from
brainly.com/question/9433922
Answer:
The correct statement is expressed by option B - Firms with a low-cost position can reduce the threat of rivalry in an industry.
Explanation:
Firms with a low-cost position can reduce the threat of rivalry in an industry based on these reasons:
Firstly, these firms can decide to set their prices to be the same as the prices of higher-cost competitors.
Secondly, low-cost firms can decide to price their goods or services a little bit below the prices of their high-cost rivals.
