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Ivan
3 years ago
9

Complete the following table by selecting the term that matches each definition on the left.

Business
1 answer:
Elanso [62]3 years ago
8 0

Answer:

The correct answers are the following:

1 - C

2 - B

3 - D

4 - A

Explanation:

1 - C: The market labor demand curve is represented graphically by the relationship between the wage rate and the quantity of labor firms are willing to hire in a market due to the fact that the firms are the ones who are looking for workers and therefore they demand it.

2 - B: The market labor supply curve is represented graphically by the relationship between the wage rate and the quantity of labor that the workers are willing to provide due to the fact that they are the one who put their work in the market in order to be used.

3 - D: The marginal product of labor represents the increase in the amount of output from an additional unit of labor that an additional worker puts in the firm.

4 - A: The value of the marginal product of labor comprehends the additional revenue the firm receives from selling the output produced from and additional unit of labor that an additional worker put in the firm.

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Squeaky Clean produces commercial strength cleansing supplies. Two of its main products are window cleanser that uses​ ammonia,
Aloiza [94]

Answer:

The direct materials flexible budget variance for​ ammonia is $7,000 Unfavorable

Explanation:

In order to calculate the direct materials flexible budget variance for​ ammonia first we need to Calculate Direct Material Price Variance  as follos:

Direct Material Price Variance = Actual Material Purchased(Actual Rate - Standard Rate)

Direct Material Price Variance = 1,400 * ($1.50 - $1.00)

= $700 (Unfavorable)

Therefore, in order to calculate the Direct Material Flexible Budget Variance we would have to use the folloiwng formula:

Direct Material Flexible Budget Variance = Direct Material Price Variance + Direct Material Quantity Variance

Flexible Budget Variance for Ammonia = $700 (U) + $6,300 (U)

= $7,000 (Unfavorable)

The direct materials flexible budget variance for​ ammonia is $7,000 Unfavorable

8 0
4 years ago
As the director of human resource management for idle time gaming, inc., addies responsibilities include __________________.
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As the director of Human Resource Management for Idle Time Gaming, Inc., Addie's responsibilities include <span>recruiting talented employees, developing and training employees, and selecting tools for performance evaluations.
An HR director is tasked with taking care of the employees working for that particular company. Since that is Addie's job, she has to find people willing to work for her, then train them in order to provide the best work possible, and then evaluate their work to see if they are suitable for that company. 
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5 0
4 years ago
2. Which of the following statements about interest is true? a. Interest is a one-time fee that you pay for lending money. b. In
mel-nik [20]

the answer is B. Interest is expressed as a percentage of the amount you are borrowing.

5 0
3 years ago
Identify and explain the dimensions of Iqra University’s culture, ranging from high level to low level for each dimension of cul
Sloan [31]

The correct answer to this open question is the following,

The dimensions of Iqra University’s culture are the following.

Iqra University is a private university in Pakistan, and one of the most prominent colleges in the Pakistan education system.

The most important dimension of its culture is to provide high-quality education to its students. This university tries to match the graduates with the always-changing market necessities in Pakistan.

Another important aspect is that school teachers instill critical thinking abilities in each of their students because as part of its culture, they want to help students think wisely in a complicated world in order to choose the best decision and action.

One key aspect of its culture is ethics. The University put emphasis on moral values as a way to make good decisions, not only in business but in life.

7 0
3 years ago
Copper Burgers sells burgers with 0.5 lb meat on each burger. They expected to buy meat a $2.45/lb, but actually ended up paying
andreyandreev [35.5K]

Answer:

Direct material quantity variance= $4.9 unfavorable

Explanation:

Giving the following information:

Copper Burgers sells burgers with 0.5 lb meat on each burger. They expected to buy meat a $2.45/lb.

They made 100 burgers this week, and used 52 lbs of meat.

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 0.5*100= 50

Direct material quantity variance= (50 - 52)*2.45

Direct material quantity variance= $4.9 unfavorable

5 0
3 years ago
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