Answer:
Actual Quantity= 9,000 hours
Explanation:
Giving the following information:
Direct-labor efficiency variance= $6,000 favorable
Standard rate= $12.00.
Standard quantity= 9,500
<u>To calculate the actual hours worked, we need to use the following formula.</u>
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
6,000 = (9,500 - Actual Quantity)*12
6,000= 114,000 - 12Actual Quantity
12Actual Quantity = 108,000
Actual Quantity= 9,000 hours
Answer:
1) b. National security documents
c. Documents with confidential information
2) i - requires
ii - open
iii - accused of a crime
iv - future
v - future
vi - closed
3) c. Regulatory Flexibility Act
4) True
5) True, 60days
Explanation:
1) Two categories of records that are exempt from public disclosure under the Freedom of Information Act are; "National security documents & Documents with confidential information".
2) The Government in the Sunshine Act requires all agency meetings to be open to the public unless they meet certain criteria. If a person is going to be accused of a crime, if future agency action would be frustrated, or if the meeting involves future litigation or rule making, then the meeting may be closed.
3) The law which requires the government to reassess the impact on business and continue to look for less burdensome means of achieving a governmental goal is Regulatory Flexibility Act.
4) It is true that the Regulatory Flexibility Act relieved small businesses of certain record-keeping requirements under agency rules and federal statutes.
5) The Small Business Regulatory Enforcement Fairness Act gives Congress 60 days to review new federal regulations to be sure that they do not unduly burden small businesses.
Answer:
The $900,000 should be capitalized in the government-wide statements
Explanation:
The amount which is to be capitalized in the financial statement should be an asset or an expense that is not showing in an income statement.
In the given question, the construction cost of a new storage facility is $900,000 plus it has $25,000 interest on short term notes.
So, $900,000 should be capitalized, and $25,000 would not be capitalized because it is of short term period which is shown in the income statement.
If the supply curve for a product is vertical, then the elasticity of supply is equal to zero.
Deliver curve, in economics, photo representation of the relationship between product charge and the amount of product that a dealer is inclined and able to deliver. Product rate is measured on the vertical axis of the graph and the amount of product provided on the horizontal axis.
The supply curve is a graphic representation of the correlation between the fee of terrific service and the amount supplied for a given duration. In a regular illustration, the price will seem on the left vertical axis, even as the amount provided will seem on the horizontal axis.
Deliver curve shift: changes in production fees and associated factors can purpose an entire supply curve to shift proper or left. This reasons a higher or decreased amount to be supplied at a given price. The ceteris paribus assumption: supply curves relate charges and quantities provided assuming no different factors exchange.
Learn more about the supply curve here brainly.com/question/23364227
#SPJ4
<span>Unissued stock. Unissued stock is shares in a company that have been authorized for use, but which have never been issued. These shares cannot be used to cast votes in shareholder elections, nor are they entitled to receive dividends.</span>
