Answer:
<h2>A. Avoid extra payroll expenses.</h2>
Explanation:
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Answer:
a. Determine the standard cost per unit for direct materials and direct labor.
standard direct labor rate = $20 x 30/60 minutes = $10 per faucet
standard direct materials rate = $1.80 x 2.5 lbs = $4.50 per faucet
b. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance.
direct materials price variance = (actual price x actual quantity) - (standard price x actual quantity) = ($1.95 x 13,000) - ($1.80 x 12,500) = $25,350 - $22,500 = $2,850 UNFAVORABLE
direct materials quantity variance = (standard price x actual quantity) -(standard price x standard quantity) = ($1.80 x 13,000) - ($1.80 x 12,500) = $23,400 - $22,500 = $900 UNFAVORABLE
total direct materials variance = direct materials price variance + direct materials quantity variance = $2,850 + $900 = $3,750 UNFAVORABLE
Answer:
C. the labor force participation rate falls
Explanation:
Marginally attached workers are not part of labor force, but if they are included and are unemployed then the labor which is actually participating will fall.
As in the labor participation rate = Working labor or simply employed labor divided by total labor force.
Thus, in this case with marginally attached labor, only denominator will increase in the equation.
Therefore, this will state that the labor force participation will fall as marginally attached is considered as unemployed.
Answer:
The best answer would be C. Fourth National Bank made an assignment.
Explanation:
The Fourth National Bank made an allocation of the loan as it was belonging to the Bank of North America stating that they got a loan.
The answer to this item is letter <em>C. PRICE ELASTIC. </em>
The price elastic demand as stated in this given corresponds to the increase or rise in the total revenue when the price is brought down or decreased. This is indicated by the PED (price elasticity of demand).
The total revenue is calculated by multiplying the total items, good, or services sold by the unit price. For the demand which is price elastic, the decrease in the price will cause a higher raise in the number of customer vying for the products and services.
