Marigold Incasements manufactures protective cases for MP3 players. During November, the company’s workers clocked 820 more direct labor hours than the flexible budget amount of 25,040 hours to complete 101,800 cases for the Christmas season. All workers were paid $9. 31 per hour, which was $0. 49 less than the standard wage rate

Answers

Answer 1

Marigold Incasements' unfavorable  direct labor efficiency variance for November is $7,634.20.

To calculate this variance, we will use the actual labor hours, flexible budget labor hours, and the standard wage rate.

The actual labor hours were 820 more than the flexible budget amount of 25,040 hours, resulting in a total of 25,860 hours. The standard wage rate was $9.31 per hour, which was $0.49 less than the original rate.

To find the direct labor efficiency variance, we will use the formula: (Actual labor hours - Flexible budget labor hours) x Standard wage rate. Plugging in the numbers, we get: (25,860 - 25,040) x $9.31 = 820 x $9.31 = $7,634.20. Since the actual labor hours were more than the flexible budget labor hours, the variance is unfavorable.

In conclusion, Marigold Incasements' unfavorable direct labor efficiency variance for November is $7,634.20.

To know more about direct labor, refer here:

https://brainly.com/question/28290557#

#SPJ11

Complete question:

Marigold Incasements manufactures protective cases for MP3 players. During November, the company's workers clocked 820 more direct labor hours than the flexible budget amount of 25,040 hours to complete 101,800 cases for the Christmas season. All workers were paid $9.31 per hour, which was $0.49 less than the standard wage rate. Calculate Marigold's direct labor efficiency variance. (If variance is zero, select "Not Applicable" and enter O for the amounts.)

Unfavorable Direct labor efficiency variance:


Related Questions

What is the difference between asset management and wealth management

Answers

Answer:

here is ur answer

Explanation:

wealth management comes down to what services you need. Asset management is about choosing and managing investments. Wealth management, on the other hand, looks more broadly at a person's financial life and portfolio. Some financial advisors do both, allowing you to hire just one person for the job.

It all boils down to the services you require in terms of wealth management. Asset management is the process of selecting and managing investments.

Wealth management, on the other hand, examines a person's financial life and portfolio in greater depth. Some financial advisors do both functions, allowing you to hire only one person for the job.

Is asset management part of wealth management?

Wealth management entails supervising all of the client's financial elements, which may include asset management, taxes, estate planning, cash flow management, and all other conceivable uses of money. Thus, wealth management includes asset management and takes a comprehensive perspective of the client's finances.

For more information about wealth management refer to the link:

https://brainly.com/question/15833121

#SPJ4

what are the positive impacts of Title VII of the Civil Rights Act of 1964 on US companies. How did this historic change in US law benefit companies?

Answers

Answer:

The Civil Rights Act of 1964 hastened the end of legal Jim Crow. It secured African Americans equal access to restaurants, transportation, and other public facilities. It enabled blacks, women, and other minorities to break down barriers in the workplace.

Explanation:

A company can take advantage of ____________ , as the _______________ of the first group of workers will increase, but at a certain point it will decline. at this point, _____________ will continue to increase, but marginal product will diminish with each additional worker. eventually there will be too many workers and not enough ______________ to keep them busy, inevitably slowing down production and reducing output.

Answers

A company can take advantage of economies of scale, as the productivity of the first group of workers will increase, but at a certain point it will decline.

At this point, labor costs will continue to increase, but marginal product will diminish with each additional worker. Eventually, there will be too many workers and not enough demand to keep them busy, inevitably slowing down production and reducing output.

There will eventually be too many employees and not enough work to keep everyone engaged, which will gradually slow down production and lower productivity.

Economies of scale happen when a business expands its size of production and can create more units of output at a lower cost per unit. Yet, there comes a point where greater personnel and capital investments provide declining marginal returns and raise production costs. To optimise productivity and profits, the employer must carefully balance the cost of labour with the marginal product of each employee. If there are too many workers, the employer may have to reduce the size of the workforce, which can have negative social and economic consequences.

Learn more about economies here:

https://brainly.com/question/18461883

#SPJ4

The Uniform Commercial Code has been adopted by: a. Approximately half of the states. B. Most of the states in the North, East, and West. C. A few states. D. All of the states in whole or in part. 2. The Uniform Commercial Code (UCC) views a sale of goods as: a. A series of smaller transactions, which may be separately addressed. B. A complex arrangement where parties must be separated and interests identified. C. A single, multifaceted legal occurrence. 3. Article 2 of the UCC governs Select

Answers

The correct answers are D) All of the states in whole or in part and c)  A single, multifaceted legal occurrence

The correct options are:

D. All of the states in whole or in part.

The Uniform Commercial Code (UCC) has been adopted by all of the states in the United States, either in its entirety or with some modifications. The UCC provides a standardized set of rules and regulations for commercial transactions, including the sale of goods.

C. A single, multifaceted legal occurrence.

The UCC views a sale of goods as a single, multifaceted legal occurrence rather than a series of smaller transactions. This means that the UCC treats the sale of goods as a unified event, encompassing various aspects such as offer, acceptance, consideration, and performance.

Article 2 of the UCC governs the sale of goods.

Article 2 of the UCC specifically governs the sale of goods. It provides rules and guidelines related to contracts for the sale of goods, including their formation, performance, warranties, and remedies. Article 2 is applicable to transactions involving the sale of tangible, movable items, but it does not cover real estate, services, or intangible assets.

for more questions on legal
https://brainly.com/question/27968241
#SPJ11

a. How much more output does the $22 trillion U.S. economy produce when GDP increases by 1.0 percent

Answers

When the GDP of the $22 trillion U.S. economy increases by 1.0%, the amount of additional output produced can be determined through the multiplier effect. This effect refers to the increase in final income arising from any new injection of spending.

It is an economic concept that measures how much one unit of spending generates in terms of increased economic activity. In other words, the multiplier effect indicates how much GDP will increase for every dollar spent.The exact amount of output produced by the increase in GDP will depend on the multiplier, which varies depending on the economy and the specific circumstances.

However, according to some estimates, the multiplier for the U.S. economy is currently around 1.5. This means that for every 1% increase in GDP, there is an additional 1.5% increase in output, or a total increase of 2.5%.

Therefore, when the GDP of the $22 trillion U.S. economy increases by 1.0%, the amount of additional output produced will be 2.5%, which is equivalent to $550 billion.

This is because 2.5% of $22 trillion is $550 billion. This additional output can come in the form of increased consumption, investment, or government spending. It can also result in job creation, wage increases, and other positive economic outcomes.

To know more about multiplier visit:

https://brainly.com/question/30875464

#SPJ11

Select the correct answer.
What is a benefit of joining a professional organization for your chosen career path?
A. taking difficult certification examinations
B. participating in competitive events
C. going to regional conferences to get continuing education credits
D. helping with choosing a career path​

Answers

Answer:

C. going to regional conferences to get continuing education credits.

Explanation:

Assume Global Cleaning Service had a net income of $570 for the year, Global Cleaning Service's beginning and ending total assets were $4,520 and $4,180, respectively. Calculate Global Cleaning Service's return on assets (ROA).

Answers

Global Cleaning Service's return on assets (ROA) is 13.1%, which indicates that the company generated $0.131 in net income for every dollar of total assets during the year.

What's ROA

ROA is a financial ratio that indicates the profitability of a company in relation to its total assets. It is calculated by dividing the net income by the average total assets.

In this case, Global Cleaning Service had a net income of $570 for the year. The beginning total assets were $4,520, and the ending total assets were $4,180.

To calculate the average total assets, we can add the beginning and ending total assets and divide by 2:

Average Total Assets = (Beginning Total Assets + Ending Total Assets) / 2

Average Total Assets = ($4,520 + $4,180) / 2

Average Total Assets = $4,350

Now, we can calculate the ROA:

ROA = Net Income / Average Total Assets

ROA = $570 / $4,350

ROA = 0.131 or 13.1%

Learn more about return on assets at

https://brainly.com/question/31080458

#SPJ11

One of the disadvantages of a sole proprietorship is
• A. danger to your personal assets.
• B. lack of control for you.
O C. high start-up costs.
• D. large claims on profits.

Answers

Lack of control for you

if gdp is $15 trillion, consumption is $9 trillion, government spending is $2 trillion, investment is $3 trillion, and exports are $3 trillion, then imports must be $____ trillion.

Answers

The imports of this country are around $2 trillion.

The GDP of a nation refers to the value of all the final goods and services produced in the country in that year. It is calculated by the formula:

GDP = Consumption + Government Spending + Investment + Exports - Imports

15 = 9 + 2 + 3 + 3 - Imports

15 = 17 - Imports

Imports + 15 = 17

Imports = 17 - 15

Imports = $2 Trillion

In conclusion, the imports are $2 Trillion

Find out more at https://brainly.com/question/7555206.

Toyota and mazda partnered to have a factory in 2018 to manufacture up to 15,000 mazda crossover vehicles nd 15000 toyota SUVS. this is a
a) green field investment
b) cross border acquisition
c) joint venture
d) international trade

Answers

The partnership between Toyota and Mazda to establish a factory in 2018 to manufacture Mazda crossover vehicles and Toyota SUVs is an example of a joint venture.

A joint venture is a business arrangement in which two or more companies come together to form a new entity for a specific purpose or project. In this case, Toyota and Mazda partnered to establish a factory to manufacture vehicles. The joint venture allows both companies to share resources, expertise, and risks while pursuing a common objective.

Unlike a greenfield investment, which involves building a new facility from scratch, or a cross-border acquisition, which entails one company acquiring another company in a different country, the Toyota-Mazda partnership is not characterized by one company taking over or acquiring the other. Instead, it is a collaboration between two companies to create a shared manufacturing facility.

International trade refers to the exchange of goods and services between countries, but in this scenario, the focus is on the establishment of a manufacturing facility rather than trade between nations.

Therefore, the partnership between Toyota and Mazda to establish a factory for manufacturing vehicles represents a joint venture, as it involves the creation of a new entity and collaboration between the two companies.

To learn more about partnership visit:

brainly.com/question/15913927

#SPJ11

Make a SWOT analysis on the truth initiative
organizations (Tobacco use)
1. What are the organizational strengths to
maximize?
2. what are the organizational weaknesses to
minimize?

Answers

The Truth Initiative, an organization focused on combating tobacco use, has strengths that can be maximized, such as its influential campaigns and partnerships. However, there are weaknesses that need to be minimized, including limited resources and potential dependency on external funding.

The Truth Initiative possesses several organizational strengths that can be maximized. Firstly, it has a track record of influential campaigns that have successfully raised awareness about the dangers of tobacco use among young people. These campaigns, such as the truth® campaign, have utilized impactful messaging and creative strategies to effectively reach and engage the target audience. Leveraging these strengths can further enhance the organization's impact in reducing tobacco use and preventing youth initiation. Additionally, the Truth Initiative has developed strong partnerships with various stakeholders, including government agencies, public health organizations, and community groups.

These partnerships provide valuable support, resources, and networks that can be leveraged to amplify the organization's reach and effectiveness. By further nurturing and expanding these partnerships, the Truth Initiative can strengthen its position and influence in the fight against tobacco use. On the other hand, there are organizational weaknesses that need to be minimized. One of the key challenges is limited resources. As a non-profit organization, the Truth Initiative may face financial constraints that can limit its ability to implement comprehensive programs and campaigns on a larger scale. Efforts to diversify funding sources and secure sustainable funding can help mitigate this weakness and ensure long-term stability.

Another potential weakness is the organization's dependency on external funding. Relying heavily on grants and donations can introduce vulnerability and uncertainty. The Truth Initiative should focus on developing strategies to diversify its revenue streams and explore innovative fundraising approaches to reduce reliance on external funding sources. In conclusion, the Truth Initiative has strengths, including influential campaigns and strong partnerships, that can be maximized to further its impact in combating tobacco use.

learn more about target audience here

https://brainly.com/question/29548158

#SPJ11

To increase revenue, a company could
O A. refuse to accepts checks
O B. accept only debit card purchases
O C. allow customers to pay with credit
OD. allow only cash purchases

Answers

A company could C. allow customers to pay with credit, which would boost revenue.

How Do You Accept Credit Cards?

Keeping a close eye on cash flow is essential when running a small business. Including credit cards as a payment option is one way to make it easier for money to flow into and out of your business. Providing credit card payment options to customers can cut down on the stress of managing cash flow and reduce the amount of time spent waiting for checks. If your company does not yet accept credit card payments, it may be simpler than you think to do so.

There are a number of benefits to offering credit card payment options to your customers that could help your business grow. Accepting credit cards has numerous advantages, as stated by the National Federation of Independent Businesses.

To learn more about credit cards visit:

https://brainly.com/question/27350251

#SPJ1

Where does the Fed get money to pay interest?

Answers

Explanation: The Federal Reserve is not funded by congressional appropriations. Its operations are financed primarily from the interest earned on the securities it owns—securities acquired in the course of the Federal Reserve's open market operations.

The Fed creates money by purchasing securities on the open market and adding the corresponding funds to the bank reserves of commercial banks.

The Federal Reserve does not “make” money exactly, in that it doesn’t print money — that’s the Treasury Department’s job. But it does serve as a bank for other banks and government agencies, allowing them to open accounts to hold their reserves, take out loans, issue government securities, and take other actions.

When it comes to other banks, the Fed is there to lend to them in case they have problems getting funding, either because of unexpected fluctuations in their loans and deposits or due to extreme events, such as the 9/11 terrorist attacks, the 2008 financial crisis, or the COVID-19 crisis.

The Fed lends at a higher rate than the market in order to ensure that it’s used as a last resort. The Federal Reserve does not lend money or provide bank accounts for individuals, as retail banks do. (Beware of scams that claim you can open an account with the Federal Reserve using your Social Security number.)

While the Federal Reserve does not actually print money, it does put in orders with the U.S. Treasury for “Federal Reserve notes” based on the demand it expects both domestically and internationally.

Federal Reserve notes are actually just another name for U.S. paper currency and no different from the dollars in normal circulation. For fiscal year 2022, the Federal Reserve’s board will be ordering between 6.9 billion and 9.7 billion notes, which will be valued at $310 billion and $356 billion. Most of these notes go to replacing bills that are no longer in usable condition.

ASAP!!!!!!!! Would give a lot of points!!!!!
Assume that the output gap is estimated to be $156 billion and the government decides to take action. If the marginal propensity to consume is 0.75, by how much would it need to change government spending to close the gap? Show your work.

Answers

Answer:

$39 billion

Explanation:

Given marginal propensity to consume is 0.75,

the Spending Multiplier = 1 / (1 - MPC) = 1 / (1 - 0.75) = 1 / 0.25 = 4

To close a gap of $156 billion, the government needs to change spending by $156 / Spending Multiplier

= $156 /4

= $39 billion

What is it called when managers look at the size of the variances between actual results and budgeted amounts in order to determine which variances should be investigated

Answers

It is called Managerial acct

the dodd-frank wall street reform and consumer protection act was created after the subprime lending fiasco to protect consumers from deceptive practices related to

Answers

The dodd-frank wall street reform and Consumer Protection Act was created after the Subprime lending fiasco to protect consumers from deceptive practices related to financial derivatives.

Financial derivatives are contracts that derive their value from an underlying entity such as currencies, interest rates, assets, or credit default swaps. Financial derivatives are contracts used for various purposes such as hedging, risk management, or speculation.

It enables one party to trade financial entities like currency, interest rates, or equity to the other party who is willing to manage these financial risks. The financial derivative contract strictly mentions the terms and conditions for both parties if a change occurs in the value of the financial entity in the future.

Learn more about financial derivatives here https://brainly.com/question/24043123

#SPJ4

The general rule of thumb is that short-term company goals last less than how long?
5 years
4 years
6 years
3 years

Answers

The general rule of thumb for short-term company goals is that they last less than 3 years.

Short-term goals are typically focused on immediate or near-future objectives that can be achieved within this time frame. These goals often serve as stepping stones to achieve longer-term objectives and are essential for a company's growth and success.

In contrast, long-term goals usually span 5 years or more and involve broader, more strategic planning. These goals are centered around the overall vision and mission of the company, and may include expanding market share, diversifying product offerings, or improving organizational culture.

Both short-term and long-term goals are important for a company to effectively manage its resources and adapt to changing market conditions. By setting and achieving short-term goals within the 3-year time frame, companies can remain agile and responsive, while still working towards their long-term vision.

Learn more about Short-term goals here: https://brainly.com/question/25867984

#SPJ11

What is a disadvantage to online
banking?
security breaches can
happen and compromise
your personal information
it makes you use your
computer
it prevents you from
having to go to the
ATMto deposit
money
it is convenient

Answers

One major disadvantage of online banking is the potential for security breaches and the compromise of personal information. Since online banking involves transmitting sensitive information over the internet, such as account numbers, passwords, and social security numbers, there is always a risk of that information being intercepted by hackers or other unauthorized individuals.

Additionally, online banking may require the use of a computer or mobile device, which can be inconvenient for those who do not have easy access to such devices or who prefer to conduct their banking in person. Finally, while online banking may be convenient for many people, it does not allow for the same level of personal interaction with bank representatives as traditional banking methods, which can be a disadvantage for those who prefer to have a more personalized banking experience.


Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.

Answers

A family can have more than one person contributing to the household income for a better financial position.

\(\huge{\mathfrak{\colorbox{black}{\textcolor{lime}{I\:hope\:this\:helps\:!\:\:}}}}\)

♥️ \(\large{\underline{\textcolor{red}{\mathcal{SUMIT\:\:ROY\:\:(:\:\:}}}}\)

1. What is speculative risk?

A. a formula that measures profit and loss.
B. gain or increase in money and assets.
C. loss of money or decrease in value.
D. a category of risk that results in an uncertain degree of gain or loss.

2. Which of these can you invest in without assuming any risk?

A. stocks
B. none
C. property
D. bonds

3. Which of these choices is not possible with speculative risk?

A. financial loss
B. financial gain
C. guaranteed success
D. breaking even

4. Which is a risk control strategy?

A. avoidance
B. reallocation
C. rearrangement
D. amplification

5. Which is an example of risk retention?

A. having deductibles
B. keeping a fire extinguisher in your kitchen
C. quitting smoking
D. starting an exercise routine

Answers

Answer:

1. D
2.B
3.C
4.A
5.A

Explanation:

100% CA

Speculative risk is a category of risk that results in an uncertain degree of gain or loss. Thus, option D is the correct option.

What is the speculative risk?

Speculative risk is a type of risk that can be chosen willingly and has a profit-or-loss outcome. Every speculative risk is one that is actively chosen to be taken. Nearly all financial investing operations include some level of speculative risk since the success or failure of such endeavours is ultimately unpredictable. Pure risk, a type of risk where the sole consequence is loss, can be combined with speculative risk.

Speculative risk is not pure risk, which includes the prospect of just a loss and no opportunity for profits, because there is the possibility of a sizable gain despite the high degree of risk. A certain amount of speculative risk is included in almost all investing operations. When the fundamentals do not immediately demonstrate strength or a viable business plan, an investment is considered speculative. Instead, the trader anticipates that other factors might drive up the price or that the future would have more promise than the present.

Learn more about speculative risk here:

https://brainly.com/question/14632010

#SPJ2

o
A command economy tends to exist under a
democratic government that provides little regulation.
socialist government that provides some regulation.
representative government that provides no regulation.
communist government that provides a lot of regulation.

Answers

The correct answer is D. Communist government that provides a lot of regulation.

Explanation:

In a command economy, the economy is not controlled by the relations of supply/demand or by individual decisions to produce/buy/sell products. Instead, these aspects of the economy are controlled by the government. Moreover, this type of economy is most common in communists or socialists governments because in these, individual freedoms tend to be limited and the government has a lot of control over most aspects of the society, including economy. Also, in a command economy, the government issues a lot of regulations and has a lot of control. According to this, the correct answer is D.

Answer:

(D)  communist government that provides a lot of regulation.

Explanation:

Your Welcome :D

Study Appendix 2A, The Pacific Catering company specializes in preparing tasty main courses that are frozen and shipped to the finer restaurants in the Los Angeles area. When a diner orders the item, the restaurant heats and serves it. The budget data for 19X6 are
Product
Chicken Cordon Bleu Veal Marsala
Selling price to restaurants $6 $8
Variable expenses 3 4
Contribution Margin $3 $4
Number of units 250,000 $125,000
The items are prepared in the same kitchens, delivered in the same trucks and so forth. Therefore, the fixed cost of $1,320,000 are unaffected by the specific products.
1. Compute the planned net income for 19X6.
2. Compute the break-even point in units, assuming that the planned sales mix is maintained.
3. Compute the break-even point to units if only veal were sold and if only chicken were sold.
4. Suppose 99,000 units of veal and 297,000 units of chicken were sold. Compute the net income. Compute the new break-even point if these relationships persisted to 19X6. What is the major lesson of this problem?

Answers

The planned net income for 19X6 is $810,000.

The break-even point in units, assuming the planned sales mix is maintained, is 330,000 units.

The break-even point in units for selling only veal is 165,000 units, and for selling only chicken is 660,000 units.

The net income with 99,000 units of veal and 297,000 units of chicken sold is $891,000. The new break-even point, based on these sales relationships, is 396,000 units.

Plan ned net income is calculated by subtracting fixed costs ($1,320,000) from the total contribution margin($3 per unit for chicken and $4 per unit for veal) multiplied by the number of units sold for each product.

The break-even point is calculated by dividing the total fixed costs by the weighted average contribution margin per unit (weighted based on the sales mix of the two products).

To calculate the break-even point for selling only veal or only chicken, divide the total fixed costs by the contribution margin per unit for the respective product.

Net income is calculated by subtracting the fixed costs from the total contribution margin for each product based on the given sales quantities. The new break-even point is recalculated using the same approach but with the updated sales quantities.

The major lesson of this problem is that the sales mix of different products can have a significant impact on the break-even point and net income. Understanding the sales mix and its effect on contribution margins is crucial for making informed business decisions.

learn more about The planned net income here:

https://brainly.com/question/26499332

#SPJ11

(13 points) APY is a(n) ____.

A. noncompounding interest rate

B. daily interest rate

C. interest rate advertised by lenders

D. interest rate advertised by borrowers

Answers

Answer:

C. interest rate advertised by lenders

Explanation:

APY stands for  Annual percentage yield. It is the rate at which deposits earn interest in a checking or savings account. In other words, APY represents the amount of interest a deposit earns for one year when in a bank account.

The APY is a standardized presentation of interest to be earned. It incorporates all considerations, such as the compounding effect. APR makes it possible to compare expected returns from various financial instruments or institutions.

An account into which a person deposits money and then can withdraw funds by making a written order to the bank instructing it to pay money from the account to another person or a business is known as
a. a savings account.
b. achecking account.
c. a cashier's account.
d. a credit account.​

Answers

b) a checking account

when thinking about interpersonal space, which country has the smallest social distance in feet?
a-germany
b-united statss
c-india
d-canada
e-china

Answers

When comparing interpersonal space across different countries, India has the smallest social distance in feet. The correct option is c) india.

In India, people tend to stand much closer to each other during conversations and social interactions due to cultural norms and higher population density. This close proximity can create a sense of connection and warmth within the community.

In contrast, countries like Germany, the United States, and Canada have larger interpersonal spaces due to their cultural backgrounds and lower population densities. People in these countries often maintain greater physical distance to respect personal space and boundaries.

China, while having a high population density, tends to have slightly larger interpersonal spaces compared to India, but still smaller than the other countries mentioned. Cultural norms and traditions influence these spatial preferences, with various factors affecting the social distances people maintain in different countries.

In summary, India has the smallest social distance in feet when considering interpersonal space, followed by China. Germany, the United States, and Canada have larger social distances due to cultural and population density differences. The correct option is c) india.

For more about interpersonal space:

https://brainly.com/question/20464904

#SPJ11

am i sus???????????????????????? ajajjjjajajaajajJaJJJJj​

Answers

Explanation:

I guess? I cant tell ....

Answer:

yes you are very suss and I'm sus so

give me your best pickup line for brainliest

Answers

are you from alabama? because i’m very inter-cested in you tonight

Answer:

are u from Tennessee? cause ur the only 10 i see

if i said you had a good body would you hold it against me?

your lips look lonely. would they like to meet mine?

outline 2 advantages to H&H of using secondary market research​

Answers

Answer:

Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable

In pure competition, producers compete exclusively on the basis of
a. selling identical items.
b. advertising heavily to promote their good.
c. producing the unique features of their good.
d. focusing on maintaining a positive image.

Answers

Answer:

a. selling identical items.

Explanation:

A pure competition market is characterized by many firms selling a homogeneous product in a market with many buyers. There are no dominant suppliers; hence no single or group of sellers can influence the price.  Pure competition is also the perfect competition.

The key characteristics of pure competition are

There are many buyers and sellersAll firms sell an identical productAll sellers are price takers. None can influence pricesThere is intense competition due to the high number of sellersEase of entry and exit from the market.

A. selling identical items.

You are a general manager of a dairy company. You received customer complaint about the milk turned stale within short period of time after the carton is opened. This problem could be due to many reasons from the manufacturing process to the delivery process. (a) Suggest a management concept to deal with this problem. (1 mark) (b) Based on the management concept you have suggested, explain the phases that you will employ to overcome the problem of stale milk delivery.

Answers

(a) TQM is the management concept to address the problem of stale milk delivery.

(b) Phases include identifying the root cause, process improvement, quality control, monitoring, and involving employees in overcoming the problem.

Total Quality Management (TQM) is a management concept that focuses on continuous improvement, customer satisfaction, and the involvement of all employees in the quality control process. By implementing TQM, the dairy company can address the issue of stale milk delivery by improving quality control measures throughout the entire manufacturing and delivery process.

(b) The phases to overcome the problem of stale milk delivery using TQM would include:

1. Identify the root cause: Conduct a thorough analysis of the manufacturing and delivery processes to identify the specific factors contributing to the milk turning stale.

2. Process improvement: Implement measures to address the identified issues, such as enhancing production techniques, ensuring proper temperature control, and optimizing packaging methods to prolong milk freshness.

3. Quality control mechanisms: Implement robust quality control procedures at each stage of production and delivery, including stringent testing, inspections, and monitoring of temperature and handling conditions.

4. Continuous monitoring and feedback: Regularly monitor the freshness of delivered milk, gather customer feedback, and make necessary adjustments to maintain quality standards.

5. Employee training and involvement: Train and educate employees on quality control practices, emphasizing their role in ensuring product freshness. Encourage employee involvement in problem-solving and continuous improvement initiatives.

By following these phases and implementing TQM principles, the dairy company can systematically address the issue of stale milk delivery, improve product quality, and enhance customer satisfaction.

learn more about quality control here:

https://brainly.com/question/33040812

#SPJ11

Other Questions
Which statement best explains the situational irony in the text?It is unexpected that the bachelor ignores the children.It is unexpected that the aunt is upset about being criticized by the bachelor.It is unexpected that the children want to hear a better story from the bachelor.It is unexpected that the bachelor becomes involved with the family and storytelling. Modulus of Rigidity or Shear Modulus (G) The modulus of rigidity or shear modulus is a measure of the rigidity of the material when in "shear' - when it is twisting. It is a ratio of the shear stress and the shear strain of the material: Shear Stress F/ A1 (6.1) Shear Strain Ax/h This formula only works when the material is stressed in its elastic region. Polar Moment of Inertia (J) This is an equation that shows the ability of a circular cross-section beam or specimen to resis torsion (twisting). A higher polar moment of inertia shows that the beam or specimen can resist i higher torsion or twisting force. The diameter of the beam determines polar moment of inertia A larger diameter gives a larger polar moment of inertia. #D* J = 32 (6.2) The general equation for the torque in a circular cross-section beam or specimen is: TG (6.3) Where is in radian. Torque The twisting force (torque) at the end of a specimen is the moment of force on the torque arm: T = F x Torque Arm Length (m) (6.4) Shear Stress Why did the U.S. Congress block the readmission of former Confederate states under their proposed constitutions? Hello everyone on brainly. Please do not report this it is for an exercise in class. If you have something to vent about, vent to me. I am here to listen, learn, and get mad right along with you. __ BRAINLIEST AND 16 POINTSWhat changes did the rise of capitalism cause in European economies? Choose four correct answers. the growth of the cottage industry a decrease in manufacturing more wealth for investors and workers increased demand for goods and more manufacturing greater economic influence for investors and merchants more government control over making and selling goods Using a common size financial statement, you notice Zandar's performance is improving over time, but its still below industry averages in several key metrics. Overall this isGroup of answer choicesGoodBadNo answer text provided.Excellent im so confused ples help ;-; As the water from the Amazon River reaches the Atlantic Ocean, its final destination, an estuary is formed. Which statement does BEST describe the water of this estuary? A) freshwater with salinity below 0.05% B) very high salinity, greater than that of the ocean C) salinity equal to that of the surrounding ocean waters D) brackish water with a salinity between the ocean and river water Purple Hedgehog Forestry Inc. is expected to generate $200,000,000 in net income over the next year. Purple Hedgehog Forestry has forecasted a capital budget of $85,000,000, and it wishes to maintain its current capital structure of 70% debt and 30% equity.Required:What will Purple Hedgehog Forestry's dividend payout ratio be if it follows a residual dividend policy? On January 2, 2015, Vaughn Corporation issued $1,650,000 of 10% bonds at 96 due December 31, 2024. Interest on the bonds is payable annually each December 31. The discount on the bonds is also being amortized on a straight-line basis over the 10 years. (Straight-line is not materially different in effect from the preferable "interest method".) The bonds are callable at 102 (i.e., at 102% of face amount), and on January 2, 2017, Vaughn called $1,140,000 face amount of the bonds and redeemed them. Ignoring income taxes.Required:Compute the amount of loss, if any, to be recognized by Vaughn as a result of retiring the $1,140,000 of bonds in 2017 In the role of desk-side support to user, what do you think is your strongest social skill that would help you succeed in this role? pls help me solve for xI don't get how to turn it into an equation either tao company has fixed costs of $771,200. its single product sells for $400 per unit, and variable costs are $272 per unit. if the company expects sales of 10,000 units, its margin of safety as a percent of expected sales is: multiple choice 34.75%. 39.75%. 44.75%. 49.75%. 59.75%. What were the Roman consuls allowed to do during times of crisis?O appoint a dictator with absolute powerO interpret the laws in place of the judgesO make new laws instead of the legislatureO take over command of the army and navy when kieth is asked why he does not participate in the monthly visits to nursing homes with his church's youth group he says i cannot stand old people they have wrinkes and other gross studd this is an exampl of in the entrepreneurial snapshot, what has allowed boston beer to become the first to enter the chasm between microbrewery and major brewery? When designing a study to test the hypothesis that controlling for SES should reduce racial differences in stress, which data would a researcher be LEAST likely to include in an aggregate measure of SES Examine the average March, May, and July jet stream winds in Figures 19 through 21. How does the position of the strongest jet stream winds change from March to July? Why does the geographical shift occur? Chegg you are a guidance counselor and want to schedule 4 students for sessions over the coming month. You have eight time slots availabel and want ot schedule each student exactly twice Fostering Entrepreneurship in "Innovation Deserts" You may have heard of food deserts or Intemet deserts _ those places where groceries or online access are difficult to come by. But certain communities fall into similar "innovation deserts," where the population is cut off from educational, technical, and other resources connected to small business and entrepreneurial success. Often coinciding with economically distressed locations, innovation deserts force residents to look elsewhere for opportunities and support, causing both a talent and economic drain that exacerbates the problem. Felecia Hatcher has committed herself to ridding communities of these deserts. A seif-described C-student in high school, she found creative ways to achieve and finance her education and early career. As a freshman at Lynn University, she launched a company focused on mentoring high school students. Upon graduating. she wont on to lead social media campaigns for major brands such as Nintendo, Sony, Microsoft, and Little Debbie. Soon after, she landed a major position with the Minnesota Lynx of the WNBA She left it to start an ico cream company. That company. Feverish lce Cream, went from a small food truck and cart operation to a venture capital-backed promotional partner to some of the biggest brands in the world. Her success - and tho financial resources it provided enabled Felecia to pivot once again. In 2012, Hatcher started Code Fever, an organization focused on teaching Miami residents how to integrate technical knowledge into their skillset. Soon atter, Hatcher and her partners brought Black Girls Coce to Miami, and hosted numerous camps and events for local youth. In 2015, they started Black Tech Week to further the cause of creating inciusive innovation communities. The conference hosted several thousand attendoes and some of the nation's top entrepreneurs, venture capltalists, educators, and tech professionals. The following year, Hatcher's organizations further expanded their entrepreneurship programs, They began a VC-in- creating inclusive innovation communities. The conference hosted several thousand attendees and some of the nation's top entrepreneurs, venture capitalists, educators, and tech professionals. The following year, Hatcher's organizations further expanded their entrepreneurship programs. They began a VC-inresidence program to connect Black innovators with potential mentors and investors. They also partnered with PowerMoves to launch bootcamps and pitch competitions. Black Tech Week soon expanded from Miami to eight other cities. Llke many communities in South Florida, the Overton section of Miami was an innovation desert. Social mobility was relatively low, and potential entrepreneurs had few support notworks or access to resources. Even though Miami was the nation's densest city for co-working spaces (seen as particularly helpful for start-ups), Overton didn't have one. Hatcher sought to directly fill the gap by opening a co-working space named a Space Calied Tribe. The two-story hub offers individuals or small companies low-cost access to WiFl, office space, conforence rooms, coliaboration opportunities, and a wide array of workshops and guest speaker ovents. Even though members are from different companies serving different industries and customers, their shared experience can croate networking and support relationships. Felecia Hatcher and her group recently rebranded to The Center for Black Innovation; beyond the services and events described above, they work as a think tank and advocacy organization to further promote investment and innovation in the Black community, and better help all marginalized communities. During the Covid-19 pandemic. they launched a number of educational programs to help those affected launch "side hustles" to supplement their income. The Center also continues to serve as an incubator and capital investment networker to help people develop and scale their stat-ups. And attar helping thousands of business people, the Centor frequently colliaborates with past participanta to mentor new ones and continue the cycle of innovation. espond to the following questions in the textbox provided or by loading a document. What qualities or characteristics might lead to the emergence of an innovation desert? Is it. always a geographical definition, or could it be defined in other ways? In her efforts to help marginalized people gain technical and business experience, how was Felecia Hatcher's progression similar to business growth and grand expansion? How might a Space Called Tribe and the larger efforts of the Center for Black Innovation lead to opportunity for local entrepreneurs? may research and uses sources besides my lecture, lecture notes, study guides and stbook to respond to the questions.