Answer:
b. HPI, ROS, and PFSH is the answer.
Answer:
$20,670
Explanation:
Firm A Firm B
Actual Dumping 157 183
Pollution Permits Allotted <u> 11 </u> <u> 11 </u>
Reduction Required 146 172
Cost of Dumping 1 ton $160 $65
As the cost of dumping to Firm A is $160 which is higher than the marginal cost of dumping of Firm B which is $65, so it is better that Firm B take benefit from it by selling it at $65. So now total tons require dumping is 318 tons (146 + 172).
Total cost of reducing pollution = 318 tons * $65 = $20,670
Answer: <u>Memos omit a closing signature.</u>
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<u>(I took the test and this was the answer)</u>
Answer:
Price Decreases & Quantity Decreases
Explanation:
As a result of the discovery of an alternative which is cheaper, consumers increase demand for natural gas. The demand for heating oil would fall. This would lead to a fall in price and quantity.
I hope my answer helps you
Answer:
Option D
Explanation:
As both, the actual rate and actual hours exceed the standards rate and standard hours, both rate and efficiency variance will be unfavorable.
And considering that if the actual labor rate exceeds the standard labor rate and if the actual labor-hours exceed the number of hours allowed, the total labor flexible budget variance will be unfavorable. As the variance is the difference between the Standard Cost and Actual Cost. So if both Standard rate & Standard hrs. are more than actual rate & actual hrs., Actual cost will be more than standard cost i.e. the variance will be unfavorable
Option d is correct
