Answer:
price variance 12,000 U
quantity variance 4,500 U
Explanation:
std cost $9.00
actual cost $9.20
quantity 60,000
These are givens so no calculation needed.
difference $(0.20)
price variance $(12,000.00)
The difference is negative, we purchase at a higher price, so the variance is unfavorable
std quantity 59500.00 (7 lbs per unit x 8,500 untis manufactured)
actual quantity 60000.00
std cost $9.00
difference -500.00
efficiency variance $(4,500.00)
The difference betwene standard lbs and the actual lbs used into production is negative, we use more lbs than standard. This variance is also unfavorable.
The government of Junta took Fuel Safe Corp., a domestic energy firm, into state ownership to save the company from bankruptcy. However, the other private competitors in the energy industry were enraged by this decision. As a result, the government had to reduce the tax burden on all private energy firms so that both the state-owned enterprise and private firms could coexist.It portrays Mixed economy
<h2>Option (E) is correct</h2>
<u>Explanation:</u>
It is an example of Mixed economy.Mixed economy is one in which both public and private enterprises exist. It combines the features of free economy,planned economy as well as private and public enterprise.
In mixed economy there is control of government and with that it has private concerns also. Government exercises control through various policies like fiscal policies and monetary policies. In this example state ownership as well as private competitors co exist.
The correct answer is E; job structure and pay level.
Further Explanation:
Each company has different jobs and pay for their employees. Many workers start a job at entry level positions and will rise higher in the company the more time they are there.
Each job will pay differently and each job will have different levels of pay. This is how the pay structure is established in large companies. State and Federal government jobs always operate on a pay structure such as this.
Learn more about pay structure at brainly.com/question/5044592
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