Answer:
See notes below
Explanation:
Rate variance
The rate variance is the the difference between the standard labor cost of the actual hours paid for and the actual cost.
<em>Possible reasons:</em>
An increase in wage rate
Skilled workers were as against using the unskilled workers planned for
Efficiency variance
Labour efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours allowed for same multiplied by the standard labour rate
<em>Possible reasons:</em>
The use of skilled workers who worked faster than the unskilled workers planed for
The workers were trained making them more efficient in saving time
Answer:
Letter b is correct. <em>Private-label brand</em>
Explanation:
Private-lebel brand is when products are supplied or manufactured by a particular company and then labeled with another company's brand. The advantages added to a company that decides to sell a private label product are varied, these items can increase the credibility and reliability of the company, such as increasing the sales flow and diversifying the marketed product lines.
Answer:
A) attractive; timely; durable; and anchored in a product, service, or business that creates or adds value for its buyer or end user
Explanation:
A true business opportunity;
- is attractive, must have high profit expectations.
- must be durable, should last at least a few years, not only a one time event.
- must present itself at the right moment and time. Sometimes great ideas are left behind because they are too disruptive, e.g. the Nash Rambler built in 1950 was the first compact car but wasn't very successful. Japanese compact cars became successful in the 1970s.
- must be anchored in a product or service that your company can provide that satisfies consumers' needs.
The answer is $120.
Explanation: The computation of the net profit or loss is shown below: Before that we have to determine the following calculations
Net Profit from call option is = (Gain from Exercising Call Option - Option Premium paid) × Size of the Contract
= (($47 - $42) - $2.60) × 100 Shares
= $240
Net Loss from put option is
= (Option Premium paid) × Size of the Contract
= $1.20 × 100 Share
= $120
So, the net profit is = Net Profit from Call Option - Net loss from Put Option= $240 - $120
= $120
To learn more about net profit, click here.
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Answer:
The nature of business is a statement about a company's offering to its clients, its industry, legal structure, or any other distinctive qualities of the business. For example, if you say a company in the “private sector”, you evaluate the nature of the company based on its nature to earn profits.
Explanation:
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