Answer:
a reduced availability of these badly needed products.
Explanation:
Price control is when the government imposed a price regime that is aimed at protecting the consumer from over pricing by sellers. When price ceilings are imposed there is a maximum price the the seller cannot go above in pricing of products.
In this case if ocal governments imposed price controls that prevented sellers from raising their prices for badly needed products like plywood and generators. It will result in reduced availability of the products to these areas.
Sellers tend to reduce amount supplied, due to scarcity consumers will have to buy at black market prices that are higher.
Answer:
Explanation:
Variable MOH rate variance = Actual Hours × (Actual Rate - Standard Rate)
= 4050 × ($7.50 - $4.50)
= 12150
Answer:
To teach High School, you need a Bachelors degree.
To graduate it, you have to pass English/Language Arts · Mathematics · Science · Social Studies/History · Foreign Languages · Physical Education
True. A company will develop a standard cost for each product type if it produces many different products.
The process cost system should be used when manufacturing is efficient and continuous. This system's equivalent units method successfully represents the challenging problem of determining how much work the Work in Process entails.
Process costing explains how to use the concept of equivalent units to assign manufacturing costs to the units produced. Businesses may create and market various goods, or at the very least, multiple versions of the same product. Most of the time, manufactured goods are connected in terms of consumption or production. The firm's output and pricing decisions must consider the relationships between the items when they are related.
Learn more about Standard Cost here:
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Answer:
A deductible
Explanation:
In insurance a deductible is the amount that a victim of an accident will have to.paynoit of his own pocket before the insurance pays for the rest.
When setting up an insurance the customer is allowed to set his deductible.
Lower deductibles attracts higher premium payments, while higher deductibles have lower premium payments.
In the scenario where Manny was in an accident with a bill totaling $11,500 and the insurance company says he needs to pay the first $1000. The $1,000 is the deductible amount
