Answer:
Variable overhead efficiency variance $ 8,018
<u> </u>Unfavorable
Explanation:
<em>Variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected. </em>
Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance
Hours
2,700 units should have taken (2,700 × 3.20) 8640
but did take (actual hours) <u> 9,400</u>
Efficiency variance in hours 760 unfavorable
standard variable overhead cost per hour <u>$10.55</u>
Variable overhead efficiency variance $<u> 8,018 </u>Unfavorable
Variable overhead efficiency variance $ 8,018
<u> </u>Unfavorable
The correct answer would be 81
Answer:
The value of intermediate goods sold during a period.
Explanation:
GDP: <em>Gross domestic product</em> include the services and the value of finished products in a given period.
However, the <em>intermediary goods </em>aren't accounted for as, there will be an error of double counting. <em>Because </em>when you count for an <em>intermediary good </em>and that good is now <em>finished</em> and part of another good, when you will count that <em>finished good</em>, the value of that intermediary good will be counted also, so this will double the numbers of your <em>GDP </em>and you will make an error.
Answer:
Organic structure.
Explanation:
Organic structure: It is defined as flat organizational structure as it does not follow normal hierarchical structure, it is more of a decentralized structure with a lesser layer of management at every level, where more information is shared among employee and each department co-operate with other departments, which helps the organization to adapt well with the changes. Employees have the opportunity to participate in the decision-making process of the organization.
In the given case, Steel manufacturing firm are following an environment that is simple and integrated but also dynamic and hostile, which is a perfect organic structure.
