Answer:
C. Found by dividing total unemployment by the size of the labor force.
Explanation:
The rate of unemployment measures the unemployed people in an economy in relation to the total labor force. The labor force is the total number of those who are employed and those who are unemployed. The labor force only comprise of those who are willing and able to work.
It is this labor force that is taken as the base in which rate of unemployment is measured.
Unemployed
The formula is given below: ____________ X 100
Total Labor Force
I believe so , there’s some sort of relation between the two
No, they do not maintain accident summaries on their website.
Answer:
The correct answer is $8,316( Unfavorable) and $10,500 ( Favorable).
Explanation:
According to the scenario, the computation of the given data are as follows:
Actual Variable OH AH × SVOR SH × SVOR
$222,816 $57,200×$3.75 = $214,500 $60,000×$3.75 = $225,000
Variable OH spending variance Variable OH efficiency variance
$214,500 - $22,816) $225,000 - $214,500
= $8,316( Unfavorable) = $10,500 ( Favorable)
Hence, Variable OH spending variance = $8,316( Unfavorable)
And Variable OH efficiency variance = $10,500 ( Favorable)
Answer: This means: "d. Your economic profit has gone down and your accounting profit has stayed the same."
Explanation: The difference between the accounting and economic benefit is associated with the type of cost that each includes:
The accounting benefit is nothing more than the difference between income and cost. In this case it is still $50000.
The economic benefit includes not only explicit costs. The economic benefit is the difference between income and total costs (explicit and implicit). Therefore, this benefit is less than the accounting benefit. Because in this case the cost of working at home is considered.