This question refers to flexibleminusbudget variance formulas with the following descriptions for the variables: a = actual; b = budgeted; p = price; q = quantity. the flexibleminusbudget variance for materials is $ 2 comma 000 (u). the salesminusvolume variance is $ 13 comma 000 (u). the price variance for material is $ 38 comma 000 (f). the efficiency variance for direct manufacturing labor is $ 9 comma 000 (f). calculate the efficiency variance for materials.

$40,000 (U)

Explanation:

Given that,

Flexible-budget variance for materials = $2,000

Price variance for material = $38,000

Sales-volume variance = $13,000

Efficiency variance for direct manufacturing labor = $9,000 (F)

Flexible-budget variance for materials = Price variance for material + Efficiency variance for materials

2,000 (U) = 38,000 (F) + Efficiency variance for materials

Efficiency variance for materials = 2,000 + 38,000

                                                      = $40,000 (U)

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.