Answer: yes
Explanation: so you can hide them so no one can use them against you
Simple answer is efficiency.
More output can be produced if labour specialised and focused on a particular activity.
One due to the time saved from switching tasks and secondly getting better (and faster) at what they do.
This leads to two outcomes.
1. Lower average costs of production
2. Greater output.
What is the original statement?
if Logan received a $2,500 bonus and his mps is 0.20, his consumption rises by $2,000 and his savings rises by $500
Answer:
$577 Unfavorable
Explanation:
The calculation of spending variance for dye costs is shown below:-
Spending variance for dye cost = (Standard rate - Actual variable) × Actual units
= ($0.67 - $13,910 ÷ 19,900) × 19,900
= (0.67 - 0.69899) × 19,900
= $577 Unfavorable
Therefore for computing the spending variance for dye costs we simply applied the above formula.
