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2 years ago

Compute and interpret the fixed overhead budget and volume variances.

1 answer:

8 0

It can be calculated using the following formula: Fixed Overhead Volume Variance = Applied Fixed Overheads – Budgeted Fixed Overhead. Here, Applied Fixed Overheads = Standard Fixed Overheads × Actual Production.

Volume is a measure of the occupied three-dimensional space. [1] Often quantified numerically using SI units (such as cubic meters and liters) or various imperial units (such as gallons, quarts, and cubic inches). Container volume is generally understood to mean the capacity of the container. That is, the amount of fluid (gas or liquid) the container can hold, rather than the amount of space the container itself moves through.

For simple 3D shapes, you can easily calculate the Volume is a measure of the occupied three-dimensional space. [1] Often quantified numerically using SI units (such as cubic meters and liters) or various imperial units (such as gallons, quarts, and cubic inches). Container volume is generally understood to mean the capacity of the container. That is, the amount of fluid (gas or liquid) the container can hold, rather than the amount of space the container itself moves through.

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The adjusted trial balance of Cheyenne Company shows the following data pertaining to sales at the end of its fiscal year, Octob

LenaWriter [7]

Answer:

Cheyenne Company

Amount in $ Amount in $

Sales revenue 728,400

Less;

Sales Returns and Allowances 25,320

Sales Discounts 12,380

(37,700)

Net sales  690,700

Explanation:

The revenue section of the income statement shows the computation of the net sales which is the result of the total sales less sales returns, discounts and allowances.

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4 years ago

Trade between countries tends to a. reduce both competition and specialization. b. reduce competition and increase specializatio

Shtirlitz [24]

Answer: (D) Increase both competition and specialization

Explanation:

According to the given question, the trading between the different types of countries are trends to increase both specialization and competition in the market as it producing various types of products which increase the competition level with different types of organisation as well as Countries.

The specialization is also majorly affect the trading process between different types of countries by producing the specialized products by focusing on the efficiency.

The specialization is plays an important role in trade as by exchanging the various types of products then it automatically increase the production and the productivity.

Therefore, Option (D) is correct answer.

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4 years ago

Brooke and Sandy both attend the same college and have the same expenses for tuition, books, and supplies. However, Brooke is a

baherus [9]

Answer: Option (B) is correct.

Explanation:

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

The opportunity cost of attending college for Brooke is the amount that she could earn as an actress i.e. $2 million per year.

The opportunity cost of attending college for Sandy is the amount that he could earn by serving hamburgers i.e. $10,000 a year.

Therefore, opportunity cost of attending college is greater for Brooke than for Sandy.

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4 years ago

Some operational risks in a supply chain are beyond the control of the purchaser or supplier, and some are within their control.

Yanka [14]

Answer:

Letter a. is correct. TRUE.

Explanation:

This statement is correct because a supply chain is part of the macroenvironment, and operational risk can be defined as different results than expected due to internal or external events.

The current economic scenario appears to be unstable, as political, economic, technological, social and other changes are occurring all the time, which can represent significant external risks in a supply chain, where there is no control by the buyer or supplier.

Some examples of uncontrollable operational risks are:

Fraud and misconduct;
Systemic failure;
Safety;
Human error.

For this reason, the importance of risk management, which includes planning, identification, qualitative and quantitative analysis, response planning and monitoring and control processes, which together will provide subsidies for less vulnerability in the supply chain and less risk.

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4 years ago

Anson Apparel's marketing message in the United States is one of apparel for the rugged man who spends most of his time outdoors

crimeas [40]

Answer:

Customer landscape: customers' habits, values and preferences related to rugged men. Market landscape: apparel alternatives available in the Chinese market; share market distribution; competitors brand positioning.

Explanation:

The marketing message is the result of marketing strategy based on situational conditions of the company in the US, that market is different from the Chinese market so that the strategic analysis could find as a result a different message more appealing for rugged men in China.

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3 years ago