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arlik [135]
3 years ago
9

A favorable labor rate variance indicates thatA. Standard Hours Exceed Actual HoursB. Actual Hours Exceed Standard HoursC. The s

tandard rate exceeds the actual rateD. The actual rate exceeds the standard rate
Business
1 answer:
nikdorinn [45]3 years ago
8 0

Answer: A favorable labor rate variance indicates that C. The standard rate exceeds the actual rate.

Explanation: If the standard rate exceeds the actual rate there is a favorable labor rate variance because the money they budgeted to spend ends up being less than what is actually spent. This keeps more money in the business instead of paying out employees for the projected labor amount.

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Some ratios use information only from the balance sheet for calculation purpose, while some ratios use information from the inco
ELEN [110]

Answer:

Check the explanation

Explanation:

1) Current Ratio = Balance sheet

current ratio uses current assets and current liabilities of the balance sheet to calculate the ratio.

2) Quick Ratio = Balance sheet

Quick Ratio uses Quick assets and current liabilities of Balance sheet

3) Total Assets Turn Over Ratio = Income statement and Balance sheet

Total assets turn over ratio uses Net sales of Income statement and Avg Assets of Balance sheet to calculate the ratio

4) Debt Equity Ratio = Balance sheet

Debt Equity Ratio uses Debt and Equity of Balance sheet to calculate the Ratio

5) Return on Equity = Income statement and Balance sheet

Return on Equity uses Information of Net Income from Income statement and Shareholders Equity from Balance sheet to calculate the ratio.

6 0
3 years ago
Suppose the following: (1) the wage rate rises, (2) the interest rate rises, (3) any change in AD is greater than any change in
Natali5045456 [20]

Answer:

Explanation:

.......................................................... Raise?

3 0
4 years ago
Mr. Wiley owns a couple of houses. He lives in the better one. The other house he rents to the Jones family for $20,000 per year
BARSIC [14]

Answer:

20,000

Explanation:

Only rented house is counted as per gdp

4 0
3 years ago
An entrepreneur is considering starting a new business to produce and sell gourmet cookie dough. The entrepreneur estimates that
Lena [83]

Answer:

The entrepreneur should start the new business.

Explanation:

The reason is that the total cost of the competitor is at $8 which includes $7 variable cost per unit and $1 fixed cost. Whereas on the other hand, the total cost $6 of the new business is composed $5 and $1 assumed fixed cost because the only cost we are provided is variable cost. This shows that the company has a competitve advantage of $1 in controlling the cost of the product. So the company must start the new business as the new business has better chances to attract customers and form relations with new customers depending upon the price differences which the competitor is unable to do so.

7 0
3 years ago
Firms with the most profitable investment opportunities are willing and able to pay the most for capital, so they tend to attrac
natali 33 [55]

Answer:

True

Explanation:

It is true because capital, such as any other resource, has a cost. More established and profitable companies have a lower risk in the market and can afford possible losses with more sustainability than small business, hence they are usually the main target of capital investment. To counterpoint this market behavior, governments usually develop programs of capital support to small businesses, especially those that meet the necessity of minorities or areas with a high unemployment rate.

6 0
3 years ago
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