Answer:
1. 60,000 hours
2. $300,000
3. $1,680 Unfavorable
Explanation:
1. The computation of the standard hours allowed for actual production is shown below:
= Actual production × Standard hours allowed per unit
= 15,000 units × 4 hours
= 60,000 hours
2. The computation of the applied fixed overhead is shown below:
= Standard hours allowed for actual production × Standard fixed overhead rate
= 6,000 hours × $5
= $300,000
3. The computation of the total fixed overhead variance is shown below:
= Actual fixed overhead costs - Applied fixed overhead
= $301,680 - $300,000
= $1,680 Unfavorable
1.It promotes good economy, and creates a good means of d provision of economic goodz.... 2.It ensures daht both private and public sectors take part in d production and distribution of goods and services..
Answer:
Part of the labor force and employed
Explanation:
After graduating from college, Yunis, age 22, started working for his parent's real estate business as an unpaid assistant. He works 25 hours a week helping manage rental units . In the Current Population Survey, Yunis is considered part of the labor force and employed. Although Yunis is not getting anything in return and he is working 25 hours a week but he still will be considered as the part of the labor force and employed because he is working in his own business and the money generated with his services will be coming to his own family, therefore, he will be considered as an employed man.
Timothy stretched the rope between the hut and the beach for Philips to follow.
Answer: d) None of the above
Explanation:
The profit on the sale is not a referral fee as Joanna did not facilitate a transaction between her clients and the people she bought the products for.
It is not a commission either because it is not a percentage of the products price earned as an incentive or extra fee for selling the products.
Her selling these products is allowed.
The answer is therefore None of the Above.
