Answer:
Which fact supports the idea that renting is a good option for living in a place for a short period of time?
The idea about renting is a good option as far is for a short period of time which enables one to increase savings which would lead to accumulation of more savings before getting ones permanent residence.
Explanation:
Answer:
-$30,250 favorable
Explanation:
labor efficiency variance = (standard quantity - actual quantity) x standard labor cost
- actual quantity = 7,700 hours
- standard quantity = 9.9 hours x 1,000 units = 9,900
- standard labor cost = $13.70
labor efficiency variance = (7,700 - 9,900) x $13.70 = -$30,250 favorable variance
the variance is favorable, because less hours were actually used than forecasted
Answer:
what are you asking
Explanation: make the question understandable
Answer:
Explanation:
The direct cost is the cost that is directly related to production. The example is direct material cost, direct labor cost, etc whereas the indirect cost is the cost that is not directly related to the production. It is also known as overhead cost only records all indirect cost i.e depreciation on equipment of factory, property taxes, etc
Based on this, the classification is as follows
1 The wages of pediatric nurses / The pediatric department = Direct cost (D)
2 Prescription drugs / A particular patient = Direct cost (D)
3 Heating the hospital / The pediatric patient = Indirect cost (D)
4 The salary of the head of pediatrics / The pediatric patient = Direct cost (D)
5 The salary of the head of pediatrics / The particular pediatric patient = Indirect cost (D)
6 Hospital chaplain's salary / A particular patient = Indirect cost (D)
7 Lab tests by outside contractor / A particular patient = Direct cost (D)
8 Lab tests by outside contractor / A particular department = Direct cost (D)
<h2>
Both situations are examples of an economic problem.</h2>
Explanation:
Let us understand the term "economic problem"
Though the expectation of the people are endless, the "resources available" to satisfy the need is limited. This causes the "economic problem".
A student trying to decide how to spend his weekly allowance:
The need of student may be endless but still he is in a position to decide only based on the amount which he has to spend. He needs to prioritize the needs and then spend accordingly.
A country choosing to sacrifice some privacy to gain more security:
Under a compelled situation, the country has to sacrifice the privacy and then have to gain security. The loss due to negotiation of privacy is for sure and this leads to economic problem.
