Reed hastings created netflix. his inspiration came from the fact that he had to pay a sizeable late fee for returning a dvd beyond the due date at a rental store. it took a few tries to develop the winning business model. which statement accurately describes his key to success?
a) his idea solved a problem.
b) the government increased the charges on late fees to consumers.
c) no other business had the capability to offer the same product.
d) he obtained the only streaming video license available in the u. s.

Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?