Answer:
The direct labor rate variance is negative 16,500
Explanation:
8,000 units at 2hours per unit = 16,000 hours x <em>$12 per hour</em> = $192,000 standart cost for the job
actual 15,000 hours and $196,200 total labor cost
labor cost per hour = 196,200/15,000 = <em>13.1 actual rate per hour</em>
( standar rate - actual rate ) x actual hours = rate variance
(12 - 13.1) x 15,000 = -1.1 x 15,000 = -16,500
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The ICS functional area that arrange for resources and needed services is known as logistics.
<h3>What is ICS?</h3>
ICS is an acronym for Incident Command System. It is a management system designed to enable effective and efficient domestic incident management.
The five major ICS functional areas are:
- Command
- Operations
- Planning
- Logistics
- Finance/administration.
Hence, Logistics as an ICS functional area is responsible for arranging for resources and needed services to support achievement of the incident objectives.
Learn more about ICS here : brainly.com/question/10695996
Answer:
The correct choice is D)
All securities DO NOT lie on the Securities Market Line (SML) in the capital asset pricing model (CAPM).
Explanation:
The security market line (SML) is a line drawn on a chart that portrays a graphical representation of the capital asset pricing model (CAPM)—which shows various degrees of market risk, for different marketable securities, plotted against the expected return of the entire market at any given time.
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