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PolarNik [594]
3 years ago
13

The difference between actual hours times the actual pay rate and actual hours times the standard pay rate is the labor ________

_________ variance.
Business
1 answer:
4vir4ik [10]3 years ago
8 0

Answer:

"Labor price variance " is the correct choice.

Explanation:

  • The variation throughout the labor rate represents the distance between real as well as anticipated labor costs. These were measured by taking the difference, based upon the number of additional hourly wages, between some of the real labor amount charged as well as the minimum amount.
  • Absolute variation in the labor rate is equivalent to absolute variation in the price of the commodity.
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Which scenario best reflects the relationship between production and demand in a recession?
Zarrin [17]

Answer:

C. Car dealerships cannot sell their stock

There are four scenarios as following:

a.) Car dealerships have minimal overstock.

b.) Car dealerships are not restocking.  

c.) Car dealerships cannot sell their stock.

d.) Car dealerships cannot obtain stock.

=> The answer is C

Explanation:

Recession is the term used to describe the situation when a country suffer from the negative economic growth (indicated in the negative GDP growth rate).

The recession is considered the result of the economic downfall of that country, resulting in the decrease in capital inflow, slowing down the production and increasing the unemployment rate in that country. Consequently, the wage of people there would decrease, lowing their consumption. So that with lower demand and level of expense of the market, the <u><em>car dealerships cannot sell their stock. </em></u>

8 0
3 years ago
Read 2 more answers
Artis Sales has two store locations. Store A has fixed costs of $145,000 per month and a variable cost ratio of 60%. Store B has
guajiro [1.7K]

Answer:

A)$362,500.

Explanation:

3 0
3 years ago
What is the best explanation for the slope of the keynesian zone of the aggregate supply curve?
Bond [772]

An increase in aggregate demand when the economy is below potential output increases real output and has little or no effect on price levels.

The Keynesian aggregate supply curve shows that the AS curve is fairly flat. This means that during economic downturns, firms supply the quantity of goods demanded at a particular price level.

The Keynesian zone is on the left side of his SRAS curve and is fairly flat, so movements in aggregate demand affect production but have little effect on price levels.

The Keynesian model suggests that in the short term less flexible wages and prices will push the aggregate supply curve upward. This model makes it more likely that the economy will fall below the full employment level. This means companies can hire new workers and increase production without raising wages or prices.

Learn more about Keynesian at

brainly.com/question/1171653

#SPJ4

8 0
1 year ago
What is the difference between gross pay and net pay?
fiasKO [112]
I think it is B please put me brainless answer if I got it right
6 0
2 years ago
Long Construction Company uses the percentage-of-completion method of accounting for long-term construction contracts. During 20
LUCKY_DIMON [66]

Answer:

$400 million less ($176+$84)=$14 million

Explanation:

the percentage of completion method of accounting is more like of income statement because it is used to assess the companys performance and financial position

8 0
3 years ago
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