Answer:
Flexible budget cost formula for indirect labor is $0.25 per DL hours
Explanation:
Flexible budget cost for indirect labor = Actual indirect labor cost + Associated spending variance
= $5,780 + $245
= $6,025
Flexible budget cost formula for indirect labor= Flexible budget cost for indirect labor / Direct labor-hours
= $6,025 / 24,100 DL hours
= $0.25 per DL hours
B..................................
Answer:
Consumers behave rationally, attempting to maximize their satisfaction.
Explanation:
The principle assumption upon which the theory of consumer behavior and demand is built is:
A consumer attempt to allocate their limited money income among available goods and services so as to maximize their utility (satisfaction).
Utility is described as an amount of satisfaction derived from the consumption of a commodity. Measurement units is utils.
Assume that consumers have complete information about availability, prices and utility levels of all goods and services. All bundles of goods can be ranked based on their ability to provide utility.
The theory is useful for understanding the demand side of the market.
Answer:
Material and controllable
Explanation:
Management by exception is a business practice where only only significant difference between actual and normal is identified and treated accordingly.
Answer:
Okay, but where is the question or it's free points?
