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3 years ago

5

Based on what you have read, Paul has the absolute advantage in the production of. Has the comparative advantage in producing sh

irts. Has the comparative advantage in producing handbags. Based on the data, Paul should.

1 answer:

Darina [25.2K]3 years ago

8 0

Answer:both shirts and handbags

Paul

Francisco

Specialize by producing shirts only

Explanation:

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Capacity management, denominator-level capacity concepts. Match each of the following numbered descriptions with one or more of

arsen [322]

Answer:

1. Theoretical and Practical capacity: Measures the denominator level in terms of what a plant can supply

2. Theoretical capacity: Is based on producing at full efficiency all the time.

3. Master-budget capacity utilization: Represents the expected level of capacity utilization for the next budget period.

4. Normal and Master-budget capacity: Measures the denominator level in terms of demand for the output of the plant.

5. Normal capacity utilization: Takes into account seasonal, cyclical, and trend factors.

6. Master-budget capacity utilization: Should be used for performance evaluation in the current year.

7. Theoretical capacity: Represents an ideal benchmark.

8. Theoretical and Practical capacity: Highlights the cost of capacity acquired but not used.

9. Master-budget capacity utilization: Should be used for long-term pricing purposes.

10. Normal and Master-budget capacity: Hides the cost of capacity acquired but not used.

11. Theoretical and Practical capacity: If used as the denominator-level concept, would avoid the restatement of unit costs when expected demand levels change.

Explanation:

Capacity is the maximum level of output that an organization can optimally sustain, to produce goods or provide service to meet it's customer demands.

The denominator-level capacity is a concept used under the capacity management. Denominator-level capacity concept is used to ascertain the capacity level that is considered for analyzing a production process or business operations. They are classified as follows;

i. Normal capacity utilization is based on the level of capacity utilization which satisfy the average customer demand periodically such as trend, cyclical and seasonal factors.

ii. Master-budget capacity utilization is based on the level of capacity expected for the current budget period, typically a year.

iii. Theoretical capacity is the denominator-level concept based on producing continuously at full efficiency.

iv. Practical Capacity is based on the level of capacity that involves unavoidable operating interruptions, such as scheduled equipment maintenance or repair time, holiday shutdowns etc.

7 0

4 years ago

70 Marketing Dynamics .. .. : : . . : Part 4: Be Your Own Leader Leaders on a Top Secret Mission On December 6, 2011, a woman wa

egoroff_w [7]

Not trying to be rude but that’s too much for too little amount of points
That’s technically an entire book page of reading

4 0

3 years ago

Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The

Tom [10]

a. Standard labor-hours is 7920 hours.

b. Standard labor cost allowed is $42,768.

c. The labor spending variance is $1588(U).

d. The labor rate variance is $1706 and the labor efficiency variance $3294(U).

e. The variable overhead rate is $5971(U) and efficiency variances for the month $5580(U).

<u>Explanation:</u>

a)Standars hours(SH) allowed to make 19800 jogging mates

=SH per unit $\times$ 19800

=(24/60)*19800

=7920 hours

24/60 has been taken to convert minutes into hours.

b)Standard Labor Cost (SC) of 19800 jogging mates

$=19800 \times SC per unit=19800 \times $2.16\\=$42,768$

=$42,768

c)Labour Spending Variance

$=Standard Cost - Actual Cost(AC)=$42,768 - $44,356=$1588(U)$

=$1588(U)

d)Labor Rate Variance

$=(SR per hour-AR per hour)\timesAH=(5.4-5.2)*8530=$1706(F)$

=$1706

Actual Hours(AH) * Actual Rate per hour(AR)= Actual Cost(AC)

$8530 \times AR = $44,356$

$AR = \frac{44356}{8530}\\ \\AR = 5.2$

Labor Efficiency Variance

$=(SH-AH) \times SR\\=(7920-8530)*$5.4=$3294(U)$

=$3294(U)

e) Variable overhead rate variance = Actual hours worked (Standard overhead rate - Actual overhead rate)

= 8530 (4.5 - 5.20)

= $5971(U)

Actual overhead rate = $44,356 / 8530 = 5.20

Variable overhead efficiency variance = Standard overhead rate (Standard hours - Actual hours)

= 4.50 (7290 - 8530)

= $5580(U).

8 0

3 years ago

Why did I did attack Paris in 2015

loris [4]

i would guess either to intimidate the u.s. or because of certain religous beliefs!

Hope this helps!

7 0

3 years ago

Elka can remember the phone number she just looked up only by repeating it over and over. When she stops saying it out loud, she

Harrizon [31]

Answer:

maintenance; short-term

Explanation:

When she stops saying it out loud, she forgets it. Elka is using maintenance rehearsal to keep the information in short-term memory

Maintenance Rehearsal is the process of repeatedly verbalizing or thinking about a piece of information.

3 0

3 years ago