"In Zimbabwe, private individuals are allowed to own elephants, to raise them, and then to butcher them and sell the parts. The supply of elephants in Zimbabwe has risen since this policy began because Group of answer choices the profit motive induces the private individuals to ensure that while they earn profits today they also have sufficient resources to earn profit in the future. the government has forced the private individuals to conserve. the profit motive induces the private individuals not to purchase as many elephants. neighboring elephant herds are migrating to Zimbabwe. other countries are supplying elephants to the Zimbabwe farmers."

Which of the following accurately describes a surplus? a. consumer demand for a certain car is below the number of cars that are produced. b. the production costs for a certain car are below the sale price of that car. c. a reduction in the cost of steel enables a car company to reduce the sale price of its cars. d. a car company tries to charge too high a price for a car and has to reduce the price. 2b2t

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Which are the best examples of costs that should be considered when creating a project budget?