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:
The correct answer is C: $5.21
Explanation:
Giving the following information:
Pinnacle Corp. budgeted $264,760 of overhead cost for the current year. Pinnacle's plantwide allocation base, machine hours, was budgeted at 50,840 hours.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 264760/50840= 5.21
1. When Tonya chose the chicken sandwich, her opportunity cost was the burger.
2. When Jimmy chose the licorice, his opportunity cost was the jelly beans. (It's the jelly beans since the nut clusters are not included in the next alternative because of his allergies to it.)
3. When Mary chose the jacket, her opportunity cost was either the dress or the shoe, whichever was her next best alternative. (The statement does not give enough information to identify her opportunity cost. It could not be both since an opportunity cost is the next <em>best</em> alternative and not <em>all</em> alternatives.)
4. When Joe chose the Ford truck, his opportunity cost was the Chevrolet.
5. When the city council chose to build the music stage, their opportunity cost was the wading pool. (The parking lot which people would have wanted is not considered because we are talking about the City Council's opportunity cost.)
Answer:
Attribute the cause of our successes to internal personal factors and attribute our failures to external factors
Explanation:
Self-serving bias
This is simply regarded as the willingness to view oneself favorably. people usually tend to see themselves better than average. In terms of thinking positively, by taking credit for successes and that other forces did not have a factor in successes gotten. And also thinking negatively, by not taking credit for failures and rather blame external factors for failures encountered.
Individuals do accept credit when it is successful, but if there is a loss, they reject it or rather not associate themselves with it. They attribute loss to something else example: when an athletes attribute loss of a match to bad referees or dirty play.
When marvel launched several successful series on Netflix, including Jessica jones, the defenders, iron fist, and Luke cage, it employed a Product development strategy.
<h3>What is meant by a product development strategy?</h3>
This is the term that is used to tell us of the different ways that the new products would be brought into a new market. It is used to tell us of the methods and the actions that were adopted in order to get the products successfully into the market.
Hence we can say that When marvel launched several successful series on Netflix, including Jessica jones, the defenders, iron fist, and Luke cage, it employed a Product development strategy.
Read more on product development here
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