Answers
partner with branded companies to be featured on their
and publications
Explanation:
<span>The correct answer should be 2 and 4. Physical capital investing doesn't necessarily mean that there will be an increase in production, while import increase is bad for the economy because what you want is to export. Reducing the defense budget doesn't make your economy grow. Investing in human capital means that you help people educate so they can work better and produce more and come up with new things, and engaging in international trade makes your economy stronger too.</span>
Answer:
See below
Explanation:
a. Price variance
= (Actual price - Standard price) × Actual material
= ($15.12 - $14.40) × 44,600
= $0.72 × 44,600
= $32,112 Unfavourable
b. Quantity variance
= (Actual quantity - Standard quantity) × Standard price
= [44,600 - (6,500 × 7) ] × $14.40
= (44,600 - 45,500) × $14.40
= -900 × $14.40
= $12,960 Favourable
C. Cost variance
= Actual cost - Standard cost
= (44,600 × $15.12) - (7 × 6,500 × $14.40)
= $674,352 - $655,200
= $19,152Unfavourable