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.
unemployment rate increases
Answer: Option B.
<u>Explanation:</u>
Unemployment is the situation when a person is able to work and he is also willing to work at the rate of the wage that is prevailing at that particular period of time but is still not able to find work.
Since Diane is ready to work at the wage rate that is in the market at that time and she is looking for job but still she could not find any job till now, so the rate of the unemployment will increase.
Alasia often deals with customers by traveling to their homes to install energy sources. She can also fix any issues the customer may have. Alasia is most likely an Electrician, If Alasia can fix almost any issue, it means it doesn´t need to be about the energy source, it may be about other technical electric problems, making Alasia an electrician.
Answer:
The answer is below
Explanation:
The graph is attached below.
a) The price elasticity of demand is given by:
price elasticity of demand = 
Price of elasticity demand = 
Price of elasticity demand = 
Since the price of elasticity demand > 1, it is elastic
b) Price of elasticity demand = 
Since the price of elasticity demand = 1, it is unitary
c) Price of elasticity demand = 
Since the price of elasticity demand < 1, it is inelastic
Answer:
Operating activities
Investing activities
Financing activities
Explanation:
In a cash flow statement, the activities of the organization are usually recognized in 3 parts namely; Operating activities, investing activities and financing activities.
The operating activities include elements such as net profit, non cash items, change in current assets and liabilities.
The investing activities include cash flows from the disposal and purchase of assets etc
The financing activities includes cash flows from the disposal and sale of shares etc.
The net cash flows from these activities is the netted off the cash balance at the beginning of the period to get the cash balance at the end of the period.
Hence the order of presentation of activities on the statement of cash flows is
Operating activities
Investing activities
Financing activities
