Answer:
Prime costs= $212,500
Explanation:
Prime costs are the direct materials used and direct labor.
Prime costs= direct material + direct labor
Giving the following information:
Direct material:
Fabric used to upholster furniture10,500
Freightminus−in 3,800
Lumber used to build product 82,500
Total direct materials= $96800
Direct labor:
Wages paid to assembly−line workers 115,700
Prime costs= 96800 + 115700= $212,500
Answer:
Total Variable overhead variance $30,000 Unfavorable
Explanation:
Standard variable overhead per unit
= $2 per hour × 10 hours per unit
= $20 per unit
$
18,000 units should have cost (18,000× $20 per unit) = 360000
but did cost <u>390,000</u>
Total Variable overhead variance <u>30,000 </u>Unfavorable
The positions of the members of special groups are characterized by inherent conflicts.
<h3>
What is Inherent conflicts?</h3>
When an insurer owns 100% of an insurance broker, and that broker recommends that insurer's products, there is an inherent conflict of interest that persists.
A methodical technique to giving employees financial value in exchange for their labor is called compensation. Compensation can help with recruitment, job performance, and job happiness, among other things. Compensation typically refers to a monetary payment made to a person in exchange for their services.
Employees earn pay at their places of employment. It includes income or wages, commission, as well as any bonuses or benefits that are connected to the particular employee's employment.
Hence, In the context of the compensation of various groups in a company, an important characteristic of special groups is that The positions of the members of special groups are characterized by inherent conflicts.
To learn more about Inherent conflicts refer to:
brainly.com/question/1341353
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Answer:
a. True
Explanation:
In the case when there is a delivery of an asset so it would be very rare that it should be made in the forward contract as the delivery of an assets should be made in the future contract. As the forward contract settles at the time when the agreement is closed while the future contract deals with the terms and conditions related to the trading
So the given statement is true
<span>A situation in which quantity demanded is greater than quantity supplied best describes shortage. Shortage is when any product or service lacks the means to provide or satisfy its demand. A shortage in the product or service usually results to a price increase. On the other hand, a surplus results to a price decrease.</span>
