Answer:
C. $13,100U.
Explanation:
The cost variance is given by the difference between the actual cost of commissions and the projected cost of commissions of 30,000 units at $8 each:
Since the actual cost is higher than the anticipated cost, the balance is unfavorable.
Gridiron would report a cost variance of: C. $13,100U.
Answer:
The single-factor productivity of the firm is 1 seat per labor hour.
Explanation:
The Single-factor productivity means the output when a unit of input is used. It is used to identify how many resources are used to produce a unit output.
The Acme Aircraft produce 1 aircraft seat per labor hour.
The single-factor productivity is calculated by formula
:
Output/Input
No. of seats produced / ( No. of workers * Hours worked )
Single Factor Productivity = 2 Seats / 4 workers * 0.5 (30/60) hours
If brazil gives up 3 automobiles for each ton of coffee it produces, while peru gives up 7 automobiles for each ton of coffee it produces, then Brazil should focus on producing coffee because it has a competitive edge in this area.
What does Brazil have a comparative advantage in?
- Brazil is rich in minerals, especially iron ore, but it also has oil and other basic materials. Although technically speaking they are economic rents rather than comparative advantages, they nonetheless exist and the majority of other nations do not.
- In terms of actual comparative advantage, it is the low-cost producer of a number of agricultural items, most notably sugar, where Brazil is unquestionably the global heavyweight, but also soy, cotton, coffee, and other crops, as well as beef, poultry, and other protein.
- Brazil's issue is not its producing side. In general, they are effective producers. It relates to infrastructure. Usually, the top three producers of most commodities are the US and Brazil.
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Answer:
The correct answer is letter "C": Strong form.
Explanation:
The Efficient Market Hypothesis (EMH) is the theory that beating the market is impossible because current stock prices reflect all the information investors need to trade the markets. Technical and fundamental analysis remain useless in trying to predict future price action.
The EMH could be classified as the <em>Weak, Strong, </em>and <em>Semi-Strong EMH</em>. The strong form of the EMH establishes that insider information and public information are already in the current stock price, then, there is no special data that could provide an advantage to an investor to take advantage of the market.
In such a case,<em> the strong form of the EMH is opposed to the idea given in the example since it is proposing insider information gives employees an advantage to make large profits before the information of trial drugs is spread among the public.</em>