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Karolina [17]
3 years ago
12

Which organization requires a 90 day supply of oil (links to an external site.)links to an external site. (known as the strategi

c petroleum reserve or spr) be maintained for membership? (the acronym — three letter answer expected, all caps)?
Business
1 answer:
lora16 [44]3 years ago
8 0
<span>The organization that requires a 90-day supply of oil is the International Energy Agency (IEA). Each country in the organization must stock an amount of petroleum equivalent to this amount because of the organization's obligations.</span>
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Vaughn’s standard quantities for 1 unit of product include 5 pounds of materials and 1.0 labor hours. The standard rates are $4
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$31.00

Explanation:

Calculation to determine what The total standard cost of Vaughn's product is

Using this formula

Total standard cost of product=(Material Standard rate per pound × pounds of material) + (Labor standard rate per hour × labor hours) + (Standard overhead rate x labor hours)

Let plug in the formula

Total standard cost of product=[($4 × 5) + ($5 × 1.0)]+ ($6 × 1.0)

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