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7nadin3 [17]
2 years ago
11

Which type of market includes the buying and selling of land, labor, and capital resources to suppliers?

Business
1 answer:
Tcecarenko [31]2 years ago
6 0

Answer:

it a factor Market

in economics a factor Market it a market where factors of production are bought and sold

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Historically, the best asset for the long-term investor wanting to fend off the threats of inflation and taxes while making his
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If you injure yourself bungee jumping and sue the bungee jumping company, what might the bungee company claim in defense?
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4 years ago
CodeHead Software Inc. does software development. One important activity in software development is writing software code. The m
Irina18 [472]

Answer:

Explanation:

Standard hours per week = 40 hours

Standard rate per hour = $32

Actual rate per hour = $40

Labour rate variance = 40 - 32 = $8 (unfavourable)

Actual cost per week = 40 × 40 = $1600

Standard cost per week = 40 × 32 = $1280

Labour cost variance = actual cost per week - standard cost per week

= 1600 - 1280

= $320 (unfavourable)

Actual codes written in first week = 5650

Standard codes per week = 5 × 25 × 40 = 5000

Actual cost per code = 1600/5660 = $0.2832

Standard cost per code = 1280/5000 = 0.256

Labour efficiency variance = 0.2832 - 0.256 = $0.0272 (unfavourable)

If the team generated 4,650 lines of code according to the original plan:

Code generated = 4650

Number of programmers = 5

Average codes per hour per programmer = 25

Total codes per hour = 25 × 5 = 125

Standard codes per week = 40 × 125 = 5000

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Labour time variance = 2.8 hours

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