Answer:
The correct answer is B)$3600 U.
Explanation:
The labor quantity variance is difference between actual hours consumed to produce the product and standard hour that should be taken to produce the product. The detail calculation are given below.
labor quantity variance= Standard rate (Standard quantity - actual quantity)
= 18 (4,000-4,200)
= $ 3,600 un-favorable
Labor quantity variance is un-favorable. Which means more labor cost due to more labor hour comsumed.
Answer:
$1,290
Explanation:
The revenue to be recognized in march is dependent on if the revenue recognition criteria was met in march. These criteria are
- the cost of goods delivered or service rendered can be measured reliably
- good/services were delivered/rendered in the month
This is irrespective of whether cash was collected or not under the accrual method.
Given that Digby delivers 86 units in March at a price of $15.00, revenue to be recognized
= 86 * $15
= $1,290
Answer:
present value = $7296.14
Explanation:
given data
future value = $34,000
time t = 20 year
rate r = 8% = 0.08
solution
we apply here future value formula for get present value that is
future value = present value × 
.....................1
put her value and we get
$34,000 = present value × 
present value = 
present value = 
present value = $7296.14
Answer:
goods produced abroad and sold domestically.
Explanation:
Exports are goods produced in the domestic economy and sold abroad.
Quotas limits placed on the quantity of goods leaving a country.
Countries trade goods for which they have comparative advantage and not absolute advantage.
I hope my answer helps you
Answer:
I believe the answer is d
