Answer:
A. $37,400 unfavorable
Explanation:
With regards to the above, variable overhead spending variance is computed as
= (Actual hours × Actual rate) - (Actual hours × standard rate)
= $649,400 - ( 34,000 × $18)
= $649,400 - $612,000
= $37,400 unfavorable
Therefore, Warp's variable overhead spending variance for the month of September is $37,400 unfavorable
Answer:
The correct answer is b) "Time is money"
Explanation:
The Opportunity costs refer to all the benefits that a person, investor or company misses out on when they deciding one alternative over another.
For example, the expression "time is money" means that you can´t waste time because you could use this time to produce money. In other words, the time that you expend in some activities different than a profitable activity, are money that you won't recuperate. This is a clear example of opportunity cost when you choose an alternative that has fewer benefits than others.
Answer:
break-even level of revenues increases from $2,890,625 to $3,500,000
Explanation:
Break even point is the level of sales at which the company makes neither a Profit nor a loss.
Break -even Sales revenue = Fixed Cost / Contribution Margin Ratio
<u>Old Break -even Sales revenue </u>
Break -even Sales revenue = ( $800,000 + $125,000)/(1.00-0.68)
= $925,000/ 0.32
= $2,890,625
<u>Old Break -even Sales revenue </u>
Break -even Sales revenue = ( $600,000 + $100,000)/(1.00-0.80)
= $700,000/ 0.20
= $3,500,000
Answer:
Improvement of social services to a specific area
