Answer:
$248,500
Explanation:
Variable overhead applied to production = Actual units produced * Variable overhead hours * Variable overhead hourly rate = 7,100 * 5 * $7 = $248,500
Therefore, the amount of variable overhead that Match Point applied to production is $248,500.
Answer:
Explanation:
a. In a regression equation expressed as y= a + bx, how is the letter b best described?
Here, b is the slope and best described as the estimate of the cost when there's a visit of an additional customer.
b. How is the letter y in the regression equation best described?
The letter y is the observed store cost for that particular month.
c. How is the letter x in the regression equation best described?
The letter x is the observed customer visit for that particular month.
d. Based on the data derived from the regression analysis, what are the estimated costs for 370 customer-visits in a month?
The estimated cost for 370 customer visit will be:
Y = a + bx
where,
a =$1496
b = $2.08
x = 370 customer visit
Y = $1496 + ($2.08 × 370 customer visit)
= $1496 + $769.6
= $2265.6
e. What is the percent of the total variance that can be explained by the regression equation?
The percent of total variance which the regression equation explain will be:
R2 = 0.86814 or 86.814%
Answer:
Valerie purchased newly issued shares of Velcro, Inc.
Explanation:
The primary market offer shares directly from the firm.
A firm offer their shares and investor purchases from the firm. After this, the subsequent trades on this share occur on the secondary market.
The primary market enables a way to raise funds without taking debt.
Valerie is purchasing new shares so, it is acting in the primary market.
The other trasnaction are trading shares already issued, which is secondary market.
Answer:
Answer is B Goodluck that is the answer
I think
Answer: the fair value of the asset should be greater than or equal to 90%
The fair value of a leasee's asset is an important criterion in the decision making of whether to approve a finance lease. Leasee's term of payment should also be greater than 75% of the economic life of the property being leased.