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kenny6666 [7]
3 years ago
6

Loren Company recently purchased materials from a new supplier at a very attractive price. The materials were found to be of poo

r quality, and the company's laborers struggled significantly as they shaped the materials into finished product. In a desperate move to make up for some of the time lost, the Loren Company manufacturing supervisor brought in more-senior employees from another part of the plant. Which of the following variances would have a high probability of arising from both of these situations?
a. Material quantity variance un vocable
b. Laborrate variance, unvorable
c. Material price variance favorable
d. Labor efficiency variance unfavorable
e. All of the answers are correct
Business
1 answer:
cupoosta [38]3 years ago
4 0

Answer:

Option E. All of the above.

Explanation:

The use of variance analysis by companies occurs in several ways. It usually occur or worked out by the determination of standards against which to actual results cam be liken or compared to. Different companies produce variance reports. The variance analysis is a vital tool for a company or an organization to reach its long-term goals. Variances are computed by taking the difference between Actual cost and standard cost.

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The World Trade Organization (WTO) has an important role in international trade. From the list below, select all statements abou
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Answer:

Letter A

Explanation:

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The positive relationship between price and quantity supplied, other things being equal, is considered to be:________
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Answer:

The answer is D.

Explanation:

The correct answer is D. universally true for all markets

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Unlike demand, for supply, price and quantity supplied are directly related.

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Which of the following is one result of international trade?
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The answer is <u>"D. Trade creates new markets".</u>


International trade is the trading of products and enterprises between nations. This sort of exchange offers ascend to a world economy, in which costs, or free market activity, influence and are influenced by worldwide occasions.  

International trade enables us to grow our business sectors for the two merchandise and enterprises that generally might not have been accessible to us. It is the motivation behind why you can pick between a Japanese, German or American vehicle. Because of universal exchange, the market contains more noteworthy challenge and in this way progressively aggressive costs, which conveys a less expensive item home to the buyer.

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