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miskamm [114]
1 year ago
13

The fixed budget indicates sales of $50,000. actual sales were $55,000. The variance is?

Business
1 answer:
Anna007 [38]1 year ago
5 0

The fixed budget indicates sales of $50,000. actual sales were $55,000. The variance is $5,000 favorable.

The variance is a measure of variability. it's far calculated by taking the average of squared deviations from the mean. Variance tells you the diploma of unfold in your information set. The more unfold the data, the larger the variance is in relation to the mean.

In opportunity idea and information, variance is the expectation of the squared deviation of a random variable from its populace imply or sample suggest. Variance is a measure of dispersion, that means it's far a degree of the way a long way a fixed of numbers is spread out from their average price.

Not like variety and interquartile range, variance is a measure of dispersion that takes into consideration the unfold of all information points in a data set. It is the degree of dispersion the most often used, in conjunction with the standard deviation, that is truly the rectangular root of the variance.

Learn more about variance here brainly.com/question/15858152

#SPJ4

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"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing dir
algol13

Answer:

In my opinion we ought to stop making our own drums and accept that outside supplier's offer and moreover is discussed below in detail.

Explanation:

1.                                                                          Calculation              Amount ($)

Direct material                                                   75000*10.65               798,750

Direct labor                                                        75000*9*(1-0.25)         506,250

variable overhead                                             75000*1.6(1-0.25)          90,000

Cost of supervision                                                                                   52,500    

rent                                                                                                           157,500

total relevant cost of making                                                               1,605,000  

Less: cost to purchase                                      75000*21                   1,575,000      

Financial Advantages/ {disadvantages}                                                  30,000

2.                                                                      Calculation               Amount ($)

Direct material                                                  87500*10.65              931,875

Direct labor                                                    87500*9*(1-0.25)          590,625                    

variable overhead                                        87500*1.6*(1-0.25)          105,000            

Cost of supervision                                                                                 52,000

rent                                                                                                         157,500

total relevant cost of making                                                              1,837,500

Less: cost to purchase                                  87500*21                      1,837,500                    

Financial Advantages/ {disadvantages}                                                           0    

3.                                                                  Calculation                    Amount ($)

Direct material                                              105000*10.65                  1,118,250

Direct labor                                                   105000*9*(1-0.25)             708,750

variable overhead                                        105000*1.6*(1-0.25)           126,000              

Cost of supervision                                                                                   52,500          

rent                                                                                                           157,500

total relevant cost of making                                                               2,163,000

Less: cost to purchase                                   105000*21                   2,205,000

Financial Advantages/ {disadvantages}                                              *   42,000

6 0
3 years ago
Why are batteries not included in toys?
Nitella [24]
They can be easily swallowed by children and can also be toxic. It sometimes happens that they break and release their contents,contaminating the toys and making them unsafe for further use.

7 0
3 years ago
Requirement 2. At what level of revenues will CathyCathy Rugs earn the same operating income under either​ option? a. For what r
Nataly [62]

It is I, Dio. You are a fool to approach me.

7 0
3 years ago
Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is
VikaD [51]

Answer:

The straight line depreciation for the first year is $24000

Explanation:

The straight line method of depreciation charges/allocates a constant amount of depreciation through out the useful life of the asset. The straight line depreciation expense for the year is calculated as follows,

Straight line depreciation = (Cost - Salvage Value) / Estimated useful life

Straight line depreciation = (135000 - 15000) / 5  = $24000 per year

Thus, the amount of depreciation for first year under straight line method is $24000

7 0
3 years ago
The law of supply states that
pashok25 [27]
B. as price rise so will supply, and prices will fall, so will supply
5 0
3 years ago
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