Answer: The actual cost of materials was less than the standard cost
Explanation:
Net materials cost variance = Favorable materials price variance + Favorable materials quantity variance
= 380 + (-120 unfavorable)
= 380 - 120
= $260 favorable
<em>As the materials cost variance is favorable, it means that the actual cost of materials was less than what was budgeted for it or rather its standard cost. </em>
Answer:
The correct answer is that the Advertising helps in paying for the production cost of the magazines and the newspapers.
Explanation:
Advertising is the source through which the company or the firm promote the product or a service of their business, so that the customers could be make aware of the products and the services offered by the firms.
And one of the benefits or the advantage provided by advertising that the money from advertisers help in paying the production cost of the magazines and the newspapers.
A recession is when the inflation rate is low.. prices are falling dramatically in the market
Answer: The market will experience more demand and the prices of goods will rise up.
Explanation: According to a law, the higher the demand , there is a corresponding increase in the price. As a result of the lower interest rate of mortgage loans, more people have access to loan which leads to an astronomical increase in the number of house owners. Market experience more demand and therefore the prices of housing will rise up. It’s only obeying the law of demand and supply which states that the greater the demand, the higher the price.
The purpose of a budget it to help you achieve your short-term and life-span goals
