Answer:
B. $ 50 comma 400 unfavorable
Explanation:
The formula to compute the labor efficiency variance is shown below:
= Standard labor rate × (Standard hours for actual output - Actual hours)
where,
Standard labor rate is $28
Standard hours for actual output would be
= 1,600 cars × 3.25 direct labor hours per car
= 5,200 hours
And, the actual hour is 7,000 hours
Now put these values to the above formula
So, the value would equal to
= $28 × (5,200 hours - 7,000 hours)
= $50,400 unfavorable
B. By accepting a public defender (since then you wouldn't have to pay for a lawyer)
Answer:
(d) 15 bouquets
Explanation:
it is given that kate alone can arrange 20 bouquets per day
and it is also given that when Kate and his husband William work together then they arrange 35 bouquets
we have to find the William marginal product
if both together arrange 35 bouquets and Kate alone arrange 20 bouquets it means that 35-20=15 bouquets are arranged by William alone
so the marginal product of William is 35-20=15 so the option will be the correct answer
Answer and explanation:
The law of Diminishing Marginal Utility states that the more you consume a good or use a service, the less satisfied you will be with each successive use or consumption. It is an important concept in determining consumer preferences. It assumes consumers are rational and will spend money in a way that maximizes contentment with each subsequent unit without negatively affecting their total enjoyment.
Answer:
The U.S. economy is a free enterprise system.
Explanation:
That means that individuals — and not the government — own most of our country's resources.
