Answer:
The correct answer is $13 per direct labor hour
Explanation:
Giving the following information:
Actual hours= 10,500.
Direct labor price variance= $10,500 unfavorable
Standard rate= $12 per direct labor hour
We need to use the direct labor rate variance formula:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
-10,500= (12 - actual rate)*10,500
-10,500= 126,000 - 10,500actual rate
-136,500/-10,500= actual rate
13= actual rate
$13 per direct labor hour
Answer:
attached below
Explanation:
Given that the economy has its actual GDP > potential GDP
<u>A) using AD-AS to depict the situation </u>
attached below is the graph
The gap( Lf - L1 ) is called <em>inflationary gap </em>
x-axis <em>= </em>real GDP , Y-axis = price level,
AD = aggregate demand curve , S = short run aggregate supply curve
L = long run aggregate supply curve,
B) In the long run the<em> graph </em>will adjust to the full employment level
attached below is the graph
Answer:
10 hams
Explanation:
It is given that 10 people can produce 1 ham in a month. It is assumed that whatever is produced is consumed. So, 100 people will produce 10 hams that is 100 ÷ 10 = 10 in a month. So, 100 people can consume 10 hams, that are produced in a month.
So, residents can consume maximum 10 hams (same amount as produced) in a month.
Answer:
inbound logistics.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
The fundamental principle of supply chain management is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.
In this scenario, Dave creates and sells DVDs of his magic tricks.
Lately, Dave has been having some trouble getting his DVDs produced in a timely manner. Thus, of the five (5) primary activities in the value chain, this problem of not producing goods (DVDs) as at when needed by the viewers (end users) is most likely to occur in inbound logistics.
An inbound logistics can be defined as a supply process which relates with receiving, storing or warehousing of raw materials and the distribution of inventory internally.
Answer:
The translation adjustment is a function of the foreign subsidiary's net assets.
