If the standard to produce a given amount of product is 600 direct labor hours at $15 and the actual direct labor incurred is 600 hours at $17, the direct labor rate variance is $1,200 unfavorable.
Suppose you have an asset with a return that rises as GDP increases.How will the asset's return be affected if the government announces that GDP is unexpectedly higher than was previously thought?
A) The return will increase. B) The return will remain unchanged. C) The return will decrease. D) It is undetermined and more information is needed.
A situation whereby a choice has to be made between two or more projects, and choosing multiple projects is not an option.
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As the total quantity for the season is broken up into multiple smaller orders,the buyer is better able to
A) match supply and demand and increase cost. B) match supply and demand and increase profitability. C) match supply and demand and decrease profitability. D) match supply and demand and decrease product availability.