Answer:
The correct answer is D: $3500 unfavorable
Explanation:
Giving the following information:
Standard:
Direct materials standard 10 pounds per unit
Direct materials standard cost $0.75 per pound
Actual:
Material purchased cost $0.85 per pound
Direct materials purchased 40,000 pounds
Direct materials used 35,000 pounds
Finished goods produced 4,500 units
Direct material price variance= (SP-AP)*AQ
SP= standard price
AP= actual price
AQ= standard quantity
Direct material price variance= (0.75-0.85)*35000
Direct material price variance= $3500 unfavorable
If the unemployment rate is 10%, the relevant fiscal policy action would be to A. increase government spending.
<h3>Why should we increase government spending?</h3>
When government spending is increased, it would lead to more jobs in the economy as the government hires people for projects.
Unemployment would also decrease as companies hire more people to produce as they receive more demand based on the increased government spending.
Find out more on fiscal policy at brainly.com/question/6583917.
#SPJ1
Answer:
move along upwards
shift out
shift in
Explanation:
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
- A change in the price of input
- A change in the number of suppliers
- Government regulations
When the price of corn increases, the quantity supplied of corn increases. this is in line with the law of supply.
according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
This would lead to a movement up along the supply curve
If the price of seed which is an input to corn decreases, it becomes cheaper to produce corn. As a result, the supply of corn would increase. this would lead to an outward shift of the supply curve.
If the number of grocery stores decreases, there would be a reduction in supply. As a result, the supply curve would shift inwards
Consideration refers to what each party gets in exchange for his or her promise under a contract. A contract has four elements: agreement, consideration, contractual capacity, and legal object. Agreement refers to the contract itself, consideration to the results of the contract, contractual capacity represents your legal ability to sign the contract, and legal object is the purpose of the agreement.
When a person obtains someone else's personal information, these are some thing that could potentially happen that would harm the person whose identity has been stolen: Open new lines of credit (can harm your credit and incur debt). Seek medical attention (could be harmful by getting incorrect medical information on your record, or incurring debt). Drain savings and retirement accounts Provide an alias when arrested (harmful if the cops look for you when the other person runs, or if the other person uses your information to pay bail. Get a job and file false tax returns (could be harmful when the IRS sees the records and <span>thinks that you are not paying taxes on all of your income).</span>
