Answer:
$40,000 (U)
Explanation:
Given that,
Flexible-budget variance for materials = $2,000
Price variance for material = $38,000
Sales-volume variance = $13,000
Efficiency variance for direct manufacturing labor = $9,000 (F)
Flexible-budget variance for materials = Price variance for material + Efficiency variance for materials
2,000 (U) = 38,000 (F) + Efficiency variance for materials
Efficiency variance for materials = 2,000 + 38,000
= $40,000 (U)
Answer:
Web-based social networking, recordings, email, web content, versatile content push offers
Long Lizard gets most of its client leads from web looked or other online sources. Thus it will be smarter to utilize online media like internet based life, recordings, email, web content, portable content push offers to get quicker reaction from more extensive crowd at moderately less expensive rate. Different alternatives given are more established strategies, exorbitant and furthermore set aside some effort to contact a more extensive crowd. At the point when the clients lean toward new media like online hotspots for arriving at the organization, the organization ought to likewise give a similar medium to promoting correspondence. Consequently the appropriate response is third alternative.
Answer:
The quantity supplied will increase which explains the shape of the supply curve
Explanation:
There is a positive direct correlation between price and quantity supplied. When the price of a commodity increases, producers are motivated to increase the supply of their commodities in order to earn higher prices. Similarly, when the price of the commodity falls, producers will supply less of the commodity since the commodity will be less profitable.
Answer:
$214,500
Explanation:
For the computation of the amount of contribution margin first we need to follow some steps which are shown below:
No of units sold = Total sales ÷ selling price per unit
= $374,400 ÷ $24
= $156,00
Variable cost = No of units sold × Variable cost per unit
Variable cost = $15,600 × $13
=$202,800
Contribution margin = Sales - Variable cost
= $374,400 - $202,800
= $171,600
CM ratio = Contribution margin ÷ Sales
= $171,600 ÷ $374,400
= 0.46
Contribution margin = CM ratio × Sales Contribution margin
= 0.46 × (1.25 × $374,400)
= $214,500
Answer:
a) The discount rate is the interest rate at which banks can borrow reserves from the federal reserve.
b) If the Fed were to decrease the discount rate, banks will borrow more reserves, causing an increase in lending and the money supply.
Explanation:
a) When commercial banks lack money, they request the Federal Reserve Bank (central bank), and Federal Reserve Bank charge a percentage of interest upon that loan. This percentage of interest charged is referred to as the discount rate.
The discount rate is the interest rate at which banks can borrow reserves from the federal reserve.
b) A reduction in the discount rate by the Federal Reserve will make lending easy for commercial banks because they will get a loan with lesser interest to pay, therefore they will lend out more money to the public with lesser interest rates, which will eventually increase the money supply in the economy.
Thus, If the Fed were to decrease the discount rate, banks will borrow more reserves, causing an increase in lending and the money supply.