Answer:
Fixed manufacturing Volume variance 1496 Unfavorable
Budgeted Fixed Manufacturing
overhead rate*(Denominator hour-
Standard hours allowed)
13.6*(6000-5890)
Budgeted Fixed Manufacturing
overhead rate 13.60
Budgeted Fixed Manufacturing/No of
Budgeted variance
(13710+13000+54890)/6000
Ans b $1496 unfavorable
Answer:
A(ideas) = physical capital × human capital × labor
Answer:
Total product cost= $181,000
Explanation:
<u>The product cost is the sum of the direct material, direct labor, and manufacturing overhead:</u>
Direct materials $ 70,000
Direct labor $ 37,000
Variable manufacturing overhead $ 12,000
Fixed manufacturing overhead $ 25,000
Total manufacturing overhead $ 37,000
Total product cost= $181,000
The kind of economy can be matched to their description as :
- The government decides what is produced, along with how much is produced. (Command economy ).
- The government controls some aspects of the economy, such as infrastructure and transportation, while private consumers and producers control the means of production in other areas. (Mixed market economy)
- The government has no involvement or decision-making in what or how much is produced. (Pure market economy)
What is an economy?
An economy can be described as the area of the production as well as the distribution and trade which involves the consumption of goods and services.
It should be noted that it is a social domain that emphasize the practices, discourses, that can be attributed to with the production, as well as management of scarce resources'.
Learn more about economy at:
brainly.com/question/1106682
#SPJ1
CHECK THE COMPLETE QUESTION:
Match the term with the type of economy/
the government decides what is produced, along with how much is produced. the government controls some aspects of the economy, such as infrastructure and transportation, while private consumers and producers control the means of production in other areas. the government has no involvement or decision-making in what or how much is produced
A business will employ seed capital to fund a specific project or activity. It is the capital raised to start working on a new product or business idea.
<h3>What kind of capital is invested in a business?</h3>
The money a company has on hand to cover both its ongoing expenses and potential future expansion is known as capital. Working capital, debt, equity, and trade capital are the four main types of financial resources.
<h3>What kind of business venture capital is that?</h3>
Venture Capital (VC) is a term used to describe funding given by investors to start-up or small businesses that have a high potential for growth. A venture capital fund is a type of private equity funded by institutional and private investors, including investment banks, insurance providers, and pension funds.
To know more about seed capital visit:-
brainly.com/question/10110060
#SPJ1