Which statement best summarizes the law of demand ?

Majer Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Co

irina1246 [14]

Answer:

Variable overheads efficiency variance = $13,040 favorable

Explanation:

Variable overheads efficiency variance is the difference between the standard hours of actual output and actual hours valued at the standard variable overhead rate per hour

Hours

5,900munits should have taken (5,900× 0.9) 5,310

but did take 2050

efficiency variance in hours 3,260 favorable

Standard rate per hour $4.00

Variable overheads efficiency variance 13,040 favorable

Variable overheads efficiency variance = $13,040 favorable

3 0

3 years ago

During 2015, equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of $3,000. how much depr

alexdok [17]

Answer:

How much depreciation expense was recorded on equipment during 2015? $10000

Explanation:

Year Cost monthly Dep NBV

Year 1 210000 10000 200000

Year 2 200000 10000 190000

Year 3 190000 10000 180000

Year 4 180000 10000 170000

Year 5 170000 10000 160000

Year 6 160000 10000 150000

Year 7 150000 10000 140000

Year 8 140000 10000 130000

Year 9 130000 10000 120000

Year 10 120000 10000 110000

Year 11 110000 10000 100000

Year 12 100000 10000 90000

Year 13 90000 10000 80000

Year 14 80000 10000 70000

Year 15 70000 10000 60000

Year 16 60000 10000 50000

Year 17 50000 10000 40000

Year 18 40000 10000 30000

Year 19 30000 10000 20000

Year 20 20000 10000 10000

Year 21 10000 10000 0

4 0

3 years ago

In 2012, hurricane sandy caused massive destruction to the northeast united states. tens of thousands of people lost their homes

Sonja [21]

In this case, the economy had been suffering from a recession leading to lower output, aggregate demand and real GDP. The government can boost the economy by engaging in expansionary fiscal policy.

Government can implement expansionary fiscal policy by increasing government spending on goods and services, which will directly increase aggregate demand, thus boosting income and real GDP. Alternatively the government can lower tax rate. When individual tax rate falls, personal disposable income rises, increasing consumption demand and aggregate demand. When business tax rate falls, corporate net profits rise, which encourages firms to invest more in expanding their output. Higher investment by corporate firms increase aggregate demand.

7 0

3 years ago

Select the FALSE statement from below: A. The National Response Framework explains how, at all levels, the nation effectively ma

vlada-n [284]

Answer: The Statement A. is FALSE.

Explanation: The National Response Framework explains how, at all levels, the nation effectively manages the all-hazards response, is the FALSE statement.

The United States National Response Framework is essential to the National National Security Strategy, it helps to give all domestic response partners a response to disasters and emergencies.

7 0

3 years ago

Read 2 more answers

Which country used a form of the welfare state before countries like the United States?

madam [21]

The first world welfare superpower was Japan.

7 0

3 years ago