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3 years ago

Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.

Business

1 answer:

777dan777 [17]3 years ago

4 0

Answer:

Results are below.

Explanation:

Match each of the following formulas and phrases with the term it describes.

A) (Actual Direct Labor Hours - Standard Direct Labor Hours) × Standard Rate per Hour

This is the formula for Direct labor time (efficiency) variance

B) (Actual Rate per Hour - Standard Rate per Hour) × Actual Hours

This is the formula for Direct labor rate variance

C) (Actual Price - Standard Price) × Actual Quantity

This is the formula for Direct materials price variance

D) (Actual Quantity - Standard Quantity) × Standard Price

This is the formula for Direct materials quantity variance

E) Standard variable overhead for actual units produced

Budgeted variable factory overhead

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In an imaginary economy, consumers buy only razors and cologne. The fixed basket consists of 6 razors and 4 bottles of cologne.

Hitman42 [59]

Answer:

The answers are:

The CPI for 2009 is 100 (since it is the base year)
The CPI for 2010 is 129.17
The inflation rate for 2010 is 29.17%

Explanation:

CPI basket for 2009

6 razors x $20 per razor = $120
4 bottles of cologne x $30 per bottle = $120

The total value of the CPI basket for 2009 is $240

CPI basket for 2010

6 razors x $25 per razor = $150
4 bottles of cologne x $40 per bottle = $160

The total value of the CPI basket for 2010 is $310

The CPI for 2009 is 100, since it is the base year
The CPI for 2010 = (CPI basket 2010 / CPI basket 2009) x 100 = ($310 / $240) x 100 = 129.17
The inflation rate for 2010 = [(CPI basket 2010 / CPI basket 2009) - 1] x 100 = (1.2917 - 1) x 100% = 29.17%

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3 years ago

Which product would normally be classified as a shopping good or service? multiple choice magazines a laptop computer designer w

12345 [234]

The answer is a laptop computer.

Thus, Laptop computers would be classified as homogeneous shopping products.

What is shopping products?

A shopping item may be a sort of item that requires shopper investigate and comparison of brands.
Homogeneous and heterogeneous are the two particular sorts of shopping items.
Homogeneous items are seen by consumers as exceptionally comparable in nature and the ultimate buy is more often than not decided on the lowest price.
If our farmer's feed compactor required substitution, he would seek for the foremost reasonable one.
Other illustrations of this sort of shopping item would be apparatuses, such as washers, dryers, or a cooler.
A item can be a business item or a buyer item. If the end client of the item is the customer, at that point the item may be a customer item.
In the event that the conclusion client could be a commerce, at that point it is categorized as a commerce item.

To know more about shopping products visit:

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2 years ago

Which of the following indicates the financial position of a practice at a point in time and shows its assets and liabilities? A

adell [148]

Answer:

The correct answer would be C, Balance Sheet.

Explanation:

A balance sheet is a document, which contains information about the Assets, Liabilities and owner's Equity of a firm, company or an organization. There is a predetermined format to write a Balance Sheet. There are two sides in this statement. One side contains Assets and Liabilities of the Company, whereas the other side contains the Owner's Equity in a particular point of time. This statement summarizes the financial balances of an individual organization. There are other financial statements of the company as well like Income Statement, cash flow statement, etc, but Balance Sheet is considered most appropriate to have a look at the assets, liabilities and equity of the company at a specific point of time.

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3 years ago

Sellall Department Stores reported the following amounts in its adjusted trial balance prepared as of its December 31 year-end:

Goshia [24]

Answer:

Particulars Amount

Net sales $29,865

Cost of goods sold $17,820

Gross profit $12,045

Selling, gen & admin exp. $1,710 (1,500+210)

Operating Expenses $1,700

Operating Income $15,455

Interest Expenses ($1,400)

Interest Revenue $160

Income before tax $14,215

Income tax expenses $2,630

Net Income $11,585

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3 years ago

Your friend offers you a pencil or a t-shirt for your iced coffee. You choose the t-shirt because it has the highest

vlabodo [156]

Value ! From my understanding.

7 0

3 years ago

Read 2 more answers