The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.9 hours Standard labor rate $13.70 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 7,700 hours Actual total labor cost $102,410 Actual output 1,000 units What is the labor efficiency variance for the month

In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk

Why does the downward-sloping production possibilities curve imply that factors of production are scarce?