Answer:
(D) Unfavorable labor quantity variance
Explanation:
Since in the question, the lower quality material is ordered so that less price can be given which required more hours to process the material as compared to the standard which results in unfavorable labor quantity variance
The formula to compute the labor quantity variance is shown below:
= Standard Rate × (Actual hours - Standard hours)
If the standard hours are more than actual hours than it leads to unfavorable instead of favorable
Answer:
C. 8%
Explanation:
Future value factor:
= $18527.74 / $40000
= 0.4631935
At 8% for 10 years the future value factor is 0.4631935
Note: Proof of calculation is attached below as picture
If government regulation sets the maximum price for a natural monopoly equal to its marginal cost, then the natural monopolist will earn economic losses. This is further explained below.
<h3>What is
government regulation?</h3>
Generally, government regulation is simply defined as regulations established by the government that serve to outline the parameters within which certain actions are considered lawful.
In conclusion, Most rules are written in plain English.
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