Answer:
1. 60,000 hours
2. $210,000
3. $10,500 Unfavorable
Explanation:
1. Standard Hours = 3 per unit
Actual production units = 20,000
Standard Hours for actual production = Standard Hours × Actual production units
= 3 × 20,000
= 60,000 hours
2. Applied variable overhead = Standard hours × Standard Rate per hour
= 60,000 × $3.50
= $210,000
3. Total Variable overhead variance = Applied variable overhead - Actual variable overhead overhead
= $210,000 - $220,500
= $10,500 Unfavorable
If this is a true/false question, the answer is FALSE.
It is consumers' responsibility to report fraud when it occurs.
Answer:
the dish created by a recipe is the same each time it is followed properly
Explanation:
Answer:
3. Canada has a comparative advantage, relative to other countries, in producing baseball bats.
Explanation:
Comparative advantage is the ability of the country to produce good or services for a lower opportunity costs for example the oil producing countries have comparative advantage in chemicals.
Options 1,2 and 4 are incorrect .
Absolute advantage is the ability of a country or region to produce greater quantity of units with the same no of inputs in the same time.
