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ss7ja [257]
2 years ago
7

There are 45 potential workers in this economy. How many people are unemployed?

Business
1 answer:
liberstina [14]2 years ago
4 0

i hope this helps! good luck

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Hirons Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. T
Tatiana [17]

Answer:

$ 10,867 F

Explanation:

Actual results$305,100

Flexible budget [$56,840+ ($2,874× 89) + ($13 ×257)]

$56,840+$255,786+$3,34= $315,967

Spending variance $ 10,867

($305,100-$315,967)

The spending variance for plane operating costs in November would be closest to $ 10,867 because the actual expense is less than the flexible budget, which makes the variance favorable (F)

8 0
3 years ago
Yo-Down Inc. produces yogurt. Information related to the company’s yogurt production follows:
kap26 [50]

Answer:

Yo.Down Inc.

Determination of Support Department 1 costs to be allocated to each production department:

                                      Production        Production         Production

                                      Department 1    Department 2   Department 3

Support Department 1    $96,000            $6,000           $18,000

Explanation:

a) Cost allocation of Support Department 1:

1) Rate of allocation = Total Support Department 1's costs divided by the total of the cost drivers

= $120,000/2000 = $60 per cost driver

2) Production Department 1 = $60 x 1,600 = $96,000

Production Department 2 = $60 x 100 = $6,000

Production Department 3 = $60 x 300 = $18,000

3) The direct method is one of the three methods for allocating support or service department costs to the production departments in order to ensure the full inclusion of overhead costs in the production costs.  As the name goes, the costs of service departments are allocated to only production departments individually.  This method is not like the step method of cost allocation where the costs of service departments are allocated to other service departments, starting with the department with the highest costs, followed by the next, until all the costs of service departments are allocated to production.  However, no service department whose total costs have been allocated will be allocated any costs.  The last method of cost allocation is the reciprocal method, which is a more complicated method that produces more accurate results, by using equations to establish relationships between the departments.

3 0
2 years ago
Rienzi Farms grows sugar cane and soybeans on its 600 acres of land. An acre of soybeans requires 3 hours to plant and brings in
mezya [45]

Answer:

133 acres of sugar cane

and 300 of soybean provide a profit of $ 733,000

Explanation:

We setup the fromulas and use excel solver:

labor hours:  3 x sugar acres + 4 x soybean <= 1,600

profit  = 1,000 x sugar acres + 2,000 soybean

with the restriction soybean <= 300

                 SOLVER  

              acres          hours             PROFIT

sugar cane 133  x 3 = 399       x 1,000 =    133,000

soybeans 300  x 4 = 1,200           x 2,000 =<u>  600,000  </u>

                                                  TOTAL           733,000

6 0
3 years ago
Two investment advisers are comparing performance. One averaged a 19% return and the other a 16% return. However, the beta of th
pentagon [3]

Answer (A):

Need more data to select the better adviser

<u>Explanation: </u>

Adviser A averaged 19% return on the investment which is more than that of Adviser B who averaged 16% return on investment. However, adviser A has a beta of 1.5 which is also greater than that of Adviser B who has a beta of 1. This means that adviser A made a more riskier investment and hence a higher average return on investment. We need more data to tell which adviser performed better in relation to each other.

Answer (B):

Investment Adviser B

<u>Explanation:</u>

R_{f} = T-bill rate = 6%

R_{m} = Market return = 14%

R_{m} - R_{f} = Market risk premium = 14% - 6% = 8%

ER_{a} = Average Return by Adviser A =19%

\beta _{a} = Beta of Adviser A = 1.5

ER_{b} = Average Return by Adviser B =16%

\beta _{b} = Beta of Adviser B = 1

CAPM Equation is ER_{i} = R_{f} +\beta  (R_{m} - R_{f} ) +\alpha

<u>For Adviser A</u>

ER_{i} = 6 + 1.5 (14 - 6) = 18%

The expected average return for the investment is 18% which means that Adviser A over performed the market by 1 %

<u>For Adviser B</u>

ER_{i} = 6 + 1 (14 - 6) = 14%

The expected average return for the investment is 14% which means that the Adviser B over performed the market by 2 %

Clearly, Adviser B performed better than Adviser A.

Answer (C):

Adviser B

<u>Explanation:</u>

<u />

In this part, the R_{f} = 3 % and R_{m} = 15%

All else remains the same

We make similar calculation as in part B

4 0
3 years ago
What is one difference between government agencies and government contractors
prohojiy [21]
While many processes remain the same between the two contract types, the primary difference is in the legal powers of the federal government. This authority gives the government unique flexibility in changing contracts to suit its needs.
4 0
2 years ago
Read 2 more answers
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