Answer:
B. exporting.
Explanation:
Exporting -
It refers to the method of trading, where the goods and services are sold from one country to another , is referred to as exporting .
Where,
- Exported is referred to as the seller of the services and good,
whereas ,
- Importer is referred to as the buyer of the product.
- The method is very important to spread the international trade all over the world.
- The method helps to use goods and services from all across the world , which might not be available in their own country .
Hence, from the given scenario of the question,
The correct answer is exporting .
Answer:
1. 4,200
2. $12,810
3. -$3,090 Unfavorable
4. a. $265 Favorable
b. -$3,355 Unfavorable
Explanation:
The computation of given question is shown below:-
1. Standard labor-hours
Standard labor-hours = Shipped items × Direct labor-hours
= 140,000 × 0.03
= 4,200
2. Standard variable overhead cost allowed
Standard variable overhead cost allowed = Standard variable Overhead rate per hour × Standard labor-hours
= $3.05 × 4,200
= $12,810
3. Variable overhead spending variance
Variable overhead spending variance = Standard variable overhead for actual output - Actual variable Overhead
= $12,810 - $15,900
= -$3,090 Unfavorable
4. a. Variable overhead rate variance
Variable overhead rate variance = (Actual hours × Standard rate per hour) - Actual variable Overhead
= (5,300 × $3.05) - $15,900
= $16,165 - $15,900
= $265 Favorable
b. Variable overhead efficiency variance
Variable overhead efficiency variance = Standard rate per hour × (Standard hours - Actual hours)
= $3.05 × ( 4,200 - 5,300)
= $3.05 × -$1,100
= -$3,355 Unfavorable
The amount of a good or service buyers are willing and able to trade at a given price is known as the quantity demanded of that good or service. ... A demand schedule is the tabular representation of all the quantities demanded at different prices whereas a demand curve is a graphical manifestation of the demand schedule.
