D) Expanded craftsmanship because when mass production happens craftsmanship decreases not increases. <span />
Answer:
price variance: <em>1</em><em>3</em><em>,</em><em>0</em><em>50 favorable</em>
quantity variance:<em> -1,760 unfavorable</em>
Explanation:
standard quantity 5
standard price 1.1 per pound
actual quantity for 4900 units
8000 + 25,500 -7,400 = 26,100 pounds
standard quantity 4,900*5= 24,500
actual price 15,300/25,500 = 0.60
standard price = 1.10
Because actual is lower than STD the company saved money spending. It is favorable.
Because the company used more pounds than STD the quantity variance is unfavorable
IBM developed the first commercially successful computer
Answer:
Highly
Explanation:
In a global context, economic development is highly correlated with the level and efficiency of financial markets and institutions.
Financial markets can be defined as any marketplace where the trading of securities occurs.
Types of financial markets includes:
1. Money market
2. Foreign exchange market (forex)
3. Bond market
4. Over the counter market
5. Stock market
Economic development refers to the process by which a state improves the economic, political, and social well-being of its citizens. It involves structural transformation, technological innovation and industrial upgrading which will increase labor productivity and improvements in infrastructure.
Stages of economics development includes:
1. Traditional stage
2. Pre-condition for take off stage
3. Take off stage
4. Drive to maturity stage
5. Age of high mass consumption stage
Answer:
Highly
Explanation:
In a global context, economic development is highly correlated with the level and efficiency of financial markets and institutions.
