Answer:
Materials quantity variance and labor efficiency variance.
Explanation:
Material quantity variance is defined as the difference that exists between the actual amount of a material that is used in production and the expected amount to be used. It measures the efficiency with which a raw material is converted into product.
MQV is calculated by multiplying standard price of material by difference between standard quantity and actual quantity.
Labour efficienct rate on the other hand measure efficiency of using labour.
It is calculated by multiplying standard labour rate with difference between standard labour amount and actual labour amount.
Since john pays back the amount of $120, then, the interest is known as Simple interest.
The Simple interest is the easiest method of calculating an interest rate on a loan.
- However, the compound interest is entails interest derived on a loan based on initial principal and the accumulated interest over period of time
Hence, since john pays back the amount of $120, then, the interest is known as Simple interest because the interest is not accumulated.
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P.S
Though including a P.S. on your cover letter may at first seem unprofessional, it actually stands for Post Script, and should be on the cover letter.
<span>Future Business Leaders of America (FBLA) is a non-profit organization that helps students for their careers. The Chevron Corporation provided a grant to fund a program called "Getting Involved" in the 1980s to expose young people to capitalism through Future Business Leaders of America.</span>
