Solution
Given :
Standard direct labor hours = 4.6 hours per unit
Standard variable overhead rate = $ 4.60 per hour
Actual direct labor hours worked = 9400
Actual variable overhead incurred = $ 44,940
Number of units of N06C = 2100 units
Therefore, output absorbed, V.OH = SHAO x budget OH/hr
= (2100 units x 4.6 per unit) x $ 4.60 per hour
= $ 44,436
The Input Absorbed V.OH = actual hours x budgeted OH/hour
= 9400 x $ 4.60 per hour
= $ 43,240
Therefore, the variable overhead rate variance is = $ 43,240 - $ 44,436
= $ 1196 (U)
Answer: Focused cost leadership
Explanation:
Focused cost leadership could be described as targeting your market to a category of people only and not necessarily everyone. Some businesses do have a target market in mind when carrying out their production or sales. Their product isn't for everyone but this particular persons. They could design it from a normal general product but they will make it look perculiar and specific for this targeted market.
Answer:
Option B. Demand conditions
Explanation:
The demand conditioning is the domestic demand of the product that forms greater impact on the demand and innovation of the product in its domestic market. This great domestic demand of Fuji film products stipulated greater innovation which not only differentiated the product but also increased the demand in other markets like US and Europe.
This increased Demand conditions enabled the company to gain competitive advantage.
Answer:
Modified rebuy.
Explanation:
The buyer in a modified rebuy wants to change product specifications, price, delivery requirements, or other terms. The out suppliers see this as an opportunity to propose a better offer to gain some business.
Characteristics:
-buyers feel they can make significant advances if they review their buying situation on a regular basis.
-often, changes in styles, materials or even alternative solutions facilitate this review.
-Another reason for modified rebuy is dissatisfaction with present suppliers.
-new supplier was able to find the present supplier´s weaknesses and offered buyers new alternatives to fix their problems.
