Answer:
$1,188 unfavorable
Explanation:
Volume variance = Budgeted fixed overhead cost - Fixed overhead applied to work in process.
$89,640 ÷ 8,300 machine hours
= $10.8 per machine hours
= $89,640 - ( 8,190 machine hours * $10.8 per machine hours )
= $89,640 - $88,452
= $1,188 unfavorable
Answer:
The _purchasing power__ states that exchange rates between any two currencies will adjust to reflect changes in the price levels of the two countries.
Explanation:
Answer:
The answer is "Slide Master View"
Explanation:
Slide Master Look is indeed the name of this feature. This can help you keep track of all the presentations you've created and change those ones that require work or even more information. The additional feature is the ability to change the presentation's actual picture, as it may be extended to all slides. Slide master view also allows you to change the text format & placeholders.
Answer:
Option (c) 8
Explanation:
Data provided in the question:
Marginal rate of technical substitution of hours of labor for hours of capital, RTS = 0.8
Number of units of labor chosen = 5
Number of units of capital chosen = 8
Marginal product of capital = 10 televisions per hour
Now,
RTS = [ Marginal product of labor ] ÷ [ Marginal product of capital ]
0.8 = Marginal product of labor ÷ 10
or
Marginal product of labor = 8
Hence,
Option (c) 8
So here the interplay of supply and demand influences the dealings of the private business - which means that it's not centrally decided but rather market analysis is done to determine what is needed.
The best answer is: market forces!
If the head of the business was not looking to the market, but rather making central decisions, we could call it "central planning "
