Answer:
C) The Actual Quantity (AQ) of direct materials used was less than the standard quantity for actual output
Explanation:
To be favorable (positive) the difference between standard and actual quantity needs to be positive.
The standard quantity will be calculate doing the standard per unit times the total units produced during the period.
Resuming Standard Quantity would be the expected for the actual output.
(A) refers to prices, this variance is for volume
(B) if standard is less than actual, it means we spend more raw materials than it should be, the variance will be unfavorable
(D) same as B if actual are higher (or standard is lower) then we spend more raw materials than expected, the variance is negative
(C) when actual is less, it means we use less than expected, we saved raw materials, the variance is favorable.
Answer:
Explanation:
A. Take a loan from Bank One at 5.5% and save the money in Bank Enn at 6%.
B. Bank One would experience a surge in the demand for loans, while Bank Enn would receive a
surge in deposits.
C. Bank One would increase the interest rate, and/or Bank Enn would decrease its rate.
The accountant belongs to the UPPER MIDDLE CLASS. Upper middle class are typically made up of well educated professionals with college degrees and comfortable incomes. Social class are usually defined by means of education, occupation and income.
C Ethan
because that is who u are refering to.
Answer:
Approximately after 15 years the population will reach 620,000
Explanation:
Population at start : 310,000
Rate by which the population is increasing: 4.5%
Population after n years is calculated under the next equation:
P=Po(1+r)∧n
620,000=310,000(1+ 0.045<u>)</u>∧n
2= (1+ 0.045<u>)</u>∧n
log(2)=nlog (1+ 0.045<u>)</u>
<u>log(2)</u>=nlog (1.045)
log(2)/log(1.045)=n
n= 15
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