Answer:
$22,050 favorable
Explanation:
The computation of the fixed overhead product - volume variance is shown below:
Fixed overhead volume variance is
= Actually applied amount - the budgeted amount
= ($239,400 ÷ 38,000 units × $41,500) - ($239,400)
= $261,450 - $239,400
= $22,050 favorable
We simply applied the above formula so that the fixed overhead product - volume variance could come
Answer:
coefficient of variation; Beta
Explanation:
The best measure of risk for a single asset held in isolation would be coefficient of variation which tells you the level of variation that the asset has which allows you to calculate the level of risk. The best measure for an asset held in a diversified portfolio on the other hand would be Beta. This measures the volatility of an asset/portfolio while comparing it to the market as a whole, also allowing you to calculate expected ROI.
Answer:
Answer:
$420 of revenue, $840 of deferred revenue
Explanation:
Data provided in the question
Paid amount = $1,260
Given months = 6 months
Number of months = 2 months
For two months, the revenue is
= Paid amount × number of months ÷ given months
= $1,260 × 2 months ÷ 6 months
= $420
Now the deferred revenue is
= Paid amount - revenue
= $1,260 - $420
= $840
Hence, the revenue is $420 and the deferred revenue is $840
They don’t use a circular flow chart because it don’t give a precise answer to what they are answering.