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nexus9112 [7]
3 years ago
11

Variable manufacturing overhead is applied to products on the basis of standard direct labor-hours. If the labor efficiency vari

ance is favorable, the variable overhead efficiency variance will be:
a. either favorable or unfavorable.

b.unfavorable.

c. favorable.

d. zero.
Business
1 answer:
Montano1993 [528]3 years ago
6 0
Answer is C i took the test yesterday and got a 100
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Answer:

price of wheat to increase, the supply of bread to decrease, and the demand for potatoes to increase.

Explanation:

A drought will reduce the supply of wheat thereby causing the supply curve to shift upwards (to the left) leading to an increase in the price of wheat. Since wheat is a basic ingredient in producing bread, an increase in the price of wheat will increase the cost of producing bread. An increase in cost of producing bread will reduce the supply of bread, shifting the supply curve to the right.

Potatoes and bread are close substitutes and therefore, have a competitive demand. An increase in the price of bread will increase the demand for potatoes because rational consumers will opt for a cheaper alternative considering their money income.

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Answer:

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September cash disbursement = Company's budgeted fixed manufacturing overhead - Depreciation + Variable manufacturing overhead

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