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lapo4ka [179]
3 years ago
7

The sales volume variance is the difference between the? ________.

Business
1 answer:
Olenka [21]3 years ago
4 0
The sale volume variance is the difference between the flexible budget at actual output and the corresponding static budget amount. The flexible budget is the budget developed at the end of a period while the static budget is the master budget. A variance is the difference between the actual results and the budgeted amount. Sale variance volume is usually due to inaccurate forescasting of units of products that will be sold. <span />
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Bob bought some land costing $16,390. today, that same land is valued at $46,817. How long has bob owned this land if the price
faltersainse [42]

Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Given that land was bought by Bob for $16390, the price is increasing at the rate of 6%, price of land today is $46817.

We are required to find the time for which Bob need to own the land so that the price of the land is $46817 today.

Compounding means calculating amount on the principal and the amount added interest.

Rate of increasing the price of land be 6%.

Price when Bob bought the land=$16390.

Price of land today=$46817.

It is like compounding of interest and the sum is calculated as under:

S=P*(1+r)^{n}

In the above equation P is theamount at beginning,r is rate of increasing and n is the number of years.

46817=16390(1+0.06)^{n}

46817/16390=(1.06)^{n}

(1.06)^{n}=2.8564

(1.06)^{n}=(1.06)^{18}  (Approximately)

From both the sides we will get n=18.

Hence Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Learn more about compounding at brainly.com/question/2449900

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A company having difficulty with timely delivery of parts to its manufacturing plants should implement a supply chain ________ s
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