Answer:
Unfavorable and half the labor efficiency variance.
Explanation:
As described, the variable overhead efficiency variance is deemed favorable when the actual hours worked fall below the standard hours allowed, and unfavorable when they surpass the standard hours allowed for production during that time frame.
Conversely, the variable overhead efficiency variance quantifies the difference between actual hours worked at the standard rate and the standard hours permitted at the standard rate. The standard hours allowed refer to the hours allowed for actual output or production in that period.
Answer:
To ascertain the local radio listening audience, consider the following methods:
1. Analyze online streaming data
2. Conduct audience surveys
3. Review radio station ratings
Explanation:
1. Since many radio stations offer live streaming online, the owners of the bar and grill could estimate audience size through these metrics.
2. Performing a survey could help identify optimal broadcast times for the awareness ad, being another effective approach.
3. The ratings of local radio stations serve as an indicator of their listening audience size and signal reach.
Answer: Zero, one.
Explanation:
Consumers tend to increase their spending on electronic products if the income elasticity of demand surpasses zero, and the price elasticity of demand exceeds one. An income elasticity greater than zero suggests demand rises alongside income, while a price elasticity greater than one indicates consumers react positively to price changes.
