Answer:
- <u>std rate $30.64</u>
- <u>efficiency variance $6,128.00</u>
Explanation:
We will work the rate variance to obtain the standard rate:
actual rate $29.20
actual hours 11,700
difference $1.44
rate variance $16,800.00
<u>std rate $30.64</u>
<u></u>
<u>Now we can solve for the labor efficiency variance:</u>
std hours 11700
actual hours 11500
std rate $30.64
difference 200
<u>efficiency variance $6,128.00</u>
The diference is positive, sothe variance is favorable.
Answer:
-1.33
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good X to changes in price of good Y.
Cross price elasticity of demand = percentage change in quantity demanded of good X / percentage change in price of good Y
Percentage change in quantity demanded = (1700 / 1350) - 1 = 0.2593 = 25.93%
Percentage change in price = (1.65 / 2.05) - 1 = -0.1951 = -19.51%
25.93% / -19.51% = -1.33
I hope my answer helps you
Answer:
No entiendo inglish ajaja
Answer:
The correct answer is "Direct cost"
Explanation:
A direct cost is a value that can be fully attributed to the production of specific goods or services. For the current question, The manager branch salary would be part of the direct costs. The direct cost are uniform for each unit of production, Independent if the agency sells more or fewer tour packages, the company will pay to the manager a basic salary. Keep in mind that some companies give extras and bonus to the manager depending on the achieved goals. However, the manager's salary is a direct cost.
Answer:
GDP = $14,755.1 and expenditure approach
Explanation:
The formula to compute the GDP is shown below:
GDP = Personal consumption expenditures + Gross private domestic investment + Government consumption expenditures and gross investment + Net exports
where,
Net exports = Exports - imports
= $1,935.3 - $2,435.5
= -$500.2
So, the GDP is
= $10,417.1 + $1,818 + $3,020.2 - $500.2
= $14,755.1
And, the summing of all this items which are shown above while calculating the GDP is known as expenditure approach