Answer: Division of labour
Explanation: Division of labour entails dividing various tasks of making a good amongst the workers in a system. This organizing system is normally used when there is a large work force. The reason why this system is used is because it allows workers to focus on the specific process they are tasked with, allowing them to perform this task more effectively and efficiently, as long as there is mass production of the specific good. This also allows workers to specialize in their specific task, because they have gotten used to executing it.
Because an assembly line apporach is used in Alistair Fashions, the existence of mass production is likely. Each worker, or group of workers, are tasked with specific tasks such as cutting fabric, finishing sleeves, making collars, etc, allowing them to focus on the element they are tasked with and perform their tasks efficiently.
Answer:
C. decreases; falls
Explanation:
As we know that
The rise in taxes results in low disposable income for individuals that lowered the spending of the consumer also the consumer spending is an element of the aggregate demand so ultimately it declines that result the curve to shift leftward or downward
Due to this, the real GDP also falls, and the price level too
Hence, the correct option is c.
Answer:
Cash Collection is $122,000
Receivable as on August 31, is $97,000
Explanation:
Total budgeted cash collection in the month of August is $122,000 and total receivables as on August 31 is $97,000.
A schedule for the cash collection is made in MS Excel file, which is attached with this answer, please find it.
Answer:
The correct answer is D. Price variance and the quantity variance.
Explanation:
Price systems generally vary according to supply and demand, the real price variation is obtained by a simple indicator called elasticity.
The variations indicate the degree to which a certain level of action established by management has been achieved. Variations can be grouped by department, by cost or by cost element. Like for example price and quantity. The degree to which a variation can be controlled depends on the nature of the standard, the cost involved and the particular circumstances that led to the variation.
