Answer:
option B
Explanation:
the correct answer is option B
Standard cost per unit can be calculated by multiplication of standard price with the standard quantity.
It can be explained with an example
Assume standard price of a laptop be $1000 and the standard quantity of the laptop be 8 then standard cost per unit head is
= $1000 × 8
= $ 8000
$ 8000 is the standard cost per unit.
The answer is C) <span>The economy took a downturn because of overproduction, declining stock markets, and deflation
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The Panic started due to economic problems in Europe, which reached the United States and impacted the The Northern Pacific Railway company, which then had an impact on government debt and eventually the failure of several banks.
Eventually, a chain reaction was created where jobs were lost, factories shut and a surge in unemployment.
The events started from the crashing of the Vienna Stock Exchange and eventually led to economic downturn in the great British Empire and the closure of the New York Stock Exchange for 10 days.
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During the 1950s, as a result of war and conquering, the status of most countries in Eastern Europe is that they became satellite countries of the Soviet Union at that time. Most countries that neighbor the Soviet Union were heavily influenced by it in terms of politics, military and economy.
