Equirement 5. company management intentionally purchased superior materials for november production. how did this decision affect the other cost variances? overall, was the decision wise? explain. the favorable ▼ variances more than offset the unfavorable ▼ variances. if the superior materials purchased for the november production decreased materials and labor usage, then management's decision was ▼ unwise. wise. requirement 6. journalize the usage of direct materials and the assignment of direct labor, including the related variances. (record debits first, then credits. exclude explanations from any journal entries.) first, journalize the purchase of direct materials, including the related variance. journal entry accounts debit credit journalize the usage of direct materials, including the related variance. journal entry accounts debit credit journalize the direct labor costs, including the related variances. (record both direct labor variances by preparing a single compound entry.) journal entry date accounts debit credit choose from any list or enter any number in the input fields and then continue to the next question.

Suppose that fizzo and pop hop are the only two firms that sell orange soda. the following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises: pop hopadvertise doesn’t advertisefizzo advertise 10, 10 18, 2doesn’t advertise 2, 18 11, 11for example, the upper right cell shows that if fizzo advertises and pop hop doesn't advertise, fizzo will make a profit of $18 million, and pop hop will make a profit of $2 million. assume this is a simultaneous game and that fizzo and pop hop are both profit-maximizing firms.if fizzo decides to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise.if fizzo decides not to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise.if pop hop advertises, fizzo makes a higher profit if it chooses (not to advertise, to .if pop hop doesn't advertise, fizzo makes a higher profit if it chooses (not to advertise, to . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? fizzo will choose to advertise and pop hop will choose not to advertise.both firms will choose to advertise.fizzo will choose not to advertise and pop hop will choose to advertise.both firms will choose not to advertise.again, suppose that both firms start off not advertising. if the firms decide to collude, what strategies will they end up choosing? fizzo will choose not to advertise and pop hop will choose to advertise.both firms will choose not to advertise.fizzo will choose to advertise and pop hop will choose not to advertise.both firms will choose to advertise.