Answer:
The correct answer is A.
Explanation:
Giving the following information:
Standard Hours= 0.2 hours
Standard Rate= $11.00
Actual output of 3,500 units
Actual direct labor-hours 530 hours
To calculate the direct labor efficiency variance, we need to use the following formula:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Standard quantity= 0.2 hours*3,500 units= 700 hours
Direct labor time (efficiency) variance= (700 - 530)*11= $1,870 favorable
It is favorable because a lower number of hours were required to make 3,500 units than estimated.
Answer:
how local ethical norms always take precedence over universal ethical norms
Explanation:
how local ethical norms always take precedence over universal ethical norms
The employees were forced to go against basic ethics just because of increase in sales
According to a social science research, it suggests that ethical behavior is not about who you are or the values you hold. Behavior is often a function of the situation in which you make the decision, even factors you barely notice
Explanation:
Income Elasticity of Demand(IED)= Percentage change in quantity demanded/ Percentage change in income
-Percentage change in Q:
%Change in quantity demanded= (q2-q1/q1) = (10-8)/8= 0.25
-Percentage change in Income:
%Change in income= (i2-i1/i1) = (4,500-4,000)/4,000= 0.125
IED= 0.25/0.125= 2
This indicates that the Shaffers are very sensitive to changes in income when it comes to eating out. Which means that changes in income will change significantly the number of times they eat out.
2. Restaurant meals are normal goods, in this case, because when income rises, they ate more in restaurants, then the units consumed for this good increase too.
Answer:
c. I should listen closely when people talk to me
Explanation:
On one's first day of work, the goal would be to learn as much as possible about the new job. This is why it is important to listen closely to what people are saying so as to know more about the business
Answer:
Option A
Explanation:
We can be 90% confident that the mean amount of money spent at sporting events last year by all the students at this university is between $ 217 and $ 677.
The interval offered by option A, is the same result obtained by the student on his research. By the definition the confidence interval permit us to conclude that the mean of the population would be on that interval.
