Direct material
0.1×40
=4
Direct labor
12×0.25
=3
Manufacturing overhead
18×0.25
=4.5
the total standard cost for one unit of product is
4+3+4.5=11.5....answer
Answer: over the counter
Explanation: In simple words, over the counter markets are the platform in which the securities like foreign exchange are traded without any supervision. There is no monitoring authority in such markets as opposed to the structure of stock exchanges.
Foreign currencies are traded in over the current markets as these are highly fluctuating in values and the margins are very low in trading such securities. Therefore, to pay a mediator is not feasible while dealing in foreign currencies.
Hence from the above we can conclude that the correct answer is option B.
A You charge a family less than your normal rate for mowing its lawn because the father is out of work.
Answer:
The correct answer is D. Coordinates and creates consistency in the operations of various parts of the economy.
Explanation:
The market economy system has advantages and disadvantages in its operation that should be reviewed before starting the study of the centralized economy system. The market economy system works with a high degree of efficiency and economic freedom. Economic agents, both companies and individuals, act guided by their own interest and freely. The price system encourages producers to manufacture the goods that the public wants. Price movements that act as signals in a correct way, while trying to reach their own interest.
Yes, because it still has the opportunity cost which can means its wages, interest of its own capital, its own land etc.
