Answer:
D) She volunteers to do the mundane tasks others avoid, and she does things like buying birthday cards for co-workers and organizing parties.
Explanation:
Noelle is someone that is an average performer, so she will be open to doing mundane tasks since she is not overly worried about having a star performance.
She is also some one that spends more time than she should socializing with friends in other departments.
So she would be more prone to buying birthday cards for co-workers and organizing parties.
Noelle is an average performer with good social skills so she will be one that does not prioritise performing better than others
Answer: a) unfavorable direct labor price (rate) variance of $2,085.
Explanation:
The purpose of calculating variance is to see if a company is being efficient in it's production of goods and services or in it's general affairs. The variance is calculated by subtracting the actual amount that was used to do something from it's budgeted amount.
If the actual amount is higher then the Variance is said to be Unfavourable. The reverse holds true.
Calculating the Direct Labor price (rate) Variance will give us,
Direct Labor Price (rate) Variance = (Actual Price - Standard price)*Actual Hour
NB - Figures are given for 30 minutes so need to be converted.
Direct Labor Price (rate) Variance = (111,285/9,100 *2 - 115,200/9,600 * 2 ) * 9100/2
= $2,085
Actual Price (rate) variance was higher than Standard Price (rate) variance which led to an Unfavourable balance of $2,085
Answer:
What are the variables that determine the price of a specific good?
Explanation:
Economics can be classified into two (2) main categories and these include;
1. Macroeconomics: it can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.
2. Microeconomics: can be defined as the study of the effect of price and quantity levels through interactions between individual buyers and sellers in various markets.
Hence, it is focuses on analyzing or evaluating the decisions of consumers (buyers) and those of firms (sellers) such as methods of production, pricing; and the manner in which government policies affect those decisions.
An example of a microeconomic question is "What are the variables that determine the price of a specific good?"
It's called dividend. It's their share of the profit
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