Use the drop-down menus to complete the statements. In the circular flow model, households provide factors of production to firms. This is represented by the letter A. In return, within the circular flow model, firms provide households with . This is represented by the letter B. Firms then provide to households. This is represented by the letter C. Finally, households provide their to firms. This is represented by the letter D.

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.