Answer:
b.the portion of whole units that are completed with respect to materials or conversion costs.
Explanation:
In process costing the inventory in the work in process is valued using the equivalent numbers of units completed. The completed units are transferred to the finished goods Inventory. Equivalent numbers of unit are percentage completed those unit which are in process and needs to further processing to complete. It involves the cost of material and conversion as well. It also includes the unit completed during the period to value the inventory.
Answer:
a. Negative
b. Negative
c. No
d. Negative
Explanation:
a. There is a negative relationship between price level and consumption. As the price level increases, the real money income and purchasing power of consumers decline. This causes their consumption spending to decline as well.
b. There is a negative relationship between the price level and investment. A decline in the price level implies that the consumers will need a lesser amount of money. This will cause the demand for money to decrease. The leftward shift in the money demand curve will cause the interest rate to fall. At a lower interest rate, the investment will be higher.
c. There is no direct relationship between the price level and government spending. An increase in government spending will increase aggregate demand. This, in turn, will cause the price level to increase. Though an increase in price level does not essentially cause government spending to increase.
d. A higher price level will make domestic goods expensive as compared to imports. This will cause the imports of goods to increase and exports to decline. So an increase in price will cause the net exports to fall.
Answer:
Assess vendor performance.
Explanation:
Business-to-business buying process
This is simply regarded as the method or process of buying and selling goods or services to be used for further production of other goods and services, for use by the buying organization, or for resale by wholesalers and retailers.
It Involves manufacturers, wholesalers, retailers, and service firms that market goods and services to other businesses.
The answer is C. percentage that shows how much gain or loss an investment makes
Answer:
Direct Material Price Variances = ( Sp - Ap) Aq
= ( $1 - $0.75) *700
= (0.25)*700
= $175
Direct Material Quantity Variances = (Sq - Aq ) *Sp
= ( 600 -700)* $1
= (-100) *$1
= -$100
Total Material Variance = Quantity Variance + Price variance
= -$100 +$175
= $75
Direct Labor Expenditure Variance = ( Sr - Ar) *Ah
= ( $8 -$11) *50
= (-3) *50
= -$150
Direct Labor Efficiency = ( Sh -Ah ) *Sr
= (40-50)* $8
= (-10)* $8
= -$80
Total Labor Variance = Expenditure Variance + Efficiency Variance
= -$150 -$80
= -$230
Explanation:
The Question is incomplete but i have attached a complete question
Sp = Standard price
Ap = Actaul price
Sq = Standard Quantity = 6*100 = 600
Aq = Actual Quantity = 7*100 = 700
Sr = Standard Rate
Ar = Actual Rate
Ah = Actual Hours =0.5 *100 =50 hours
Sh = Standard hour = 0.4 *100 =40 hours