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vagabundo [1.1K]
3 years ago
12

2. An increase in demand is an increase in consumer willingness to

Business
1 answer:
kiruha [24]3 years ago
4 0

Answer:

An increase in demand is an increase in consumer willingness to. purchase moe of the good at any price.

Explanation:

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Direct Labor rate Variance  $ 24840 Unfavorable

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Explanation:

Direct Labor rate Variance = Actual Hours * Actual Rate- Actual Hour * Standard Rate

Direct Labor rate Variance = 24840*15- 24840*14

                                                = 372600- 347760    

                                            = $ 24840 Unfavorable

Labor Efficiency  Variance =  Actual Hours * Standard Rate- Standard Hour * Standard Rate

Labor Efficiency  Variance =  24840*14- 4*6630*14

                                           =  24840*14- 26520*14

                                         = 347760 - 371280= $23520 favorable

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