The direct labor time variance is calculated through the equation,
DL time variance = (Sh - Ah) x Ac
where Ah and Sh are the actual and standard number of hours and Ac is the actual cost. Substituting,
DL time variance = (10,800 - 10,200) x $15.75 /h
= $9450
Since, the answer of the direct labor time variance is positive then, it is favorable. The answer is letter C.
True According to the quantity theory of money, if the amount of money in an economy doubles, all else equal, price levels will also double.
Definition: The quantity theory of money states that the money supply and price level in an economy are directly related to each other. When the money supply changes, the price level changes proportionally, and vice versa.
The quantity theory of money states that the price level multiplied by real output is equal to the money supply multiplied by the speed or rotation of the money supply. Speed is generally stable.
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I think it is D. Gross profit margin because that is you profit before all of added taxes and every thing else.
Answer:
b. dispersing production to different locations around the globe
Explanation:
Dispersing production to different locations around the globe would provide the company against currency fluctuations. this will enhance the firm's strategic flexibility and will help to combat the unpredicatable exchange rate fluctuations. another option is to switch the suppliers from one country to another. this will lead to resuction in the relative cost that was caused by the currency fluctuations.