Answer:
Variable overhead efficiency variance $1,680 Favorable
Explanation:
<em>Variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected. </em>
Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance
Hours
5000 units should have taken (5000×0.5 hours) 2,500
but did take <u>2,080</u>
Labour hours variance 420 favorable
Standard variable overhead rate <u>×$ 4.00</u> per hour
Variable overhead efficiency variance <u>$1,680 Favorable</u>
Answer:
(B) multicollinearity is present.
Explanation:
Multicollinearity -
It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with the substantial degree of accuracy , is known as multicollinearity or collinearity .
<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>
hence , from the question , the indication is of (B) multicollinearity is present .
Answer:
Option A, B and C will be included in the consumption
Option D is excluded from GDP computation.
Option E is included in the Government spending.
Explanation:
Option A, B and C will be included in the consumption because all of the in-home purchases are considered as consumption which in this case is included as rental payments, textbook sold and commissions earnings for the year.
The investments in the foreign countries of US citizen are considered as imports in the year when they are made. However, the foreign assets of US citizens are not included in the GDP computation. Hence Option D is excluded from GDP computation.
The opening of military base required investment from the US federal government which is for the defense budget. This government spending of money will be included in the government spending. Hence Option E is included in the GDP computation.
Answer:
$775
Explanation:
Calculation for Amy's tax basis in the stock received in the exchange
Using this formula
Tax basis in the Stock received Exchange = Tax basis - Liability on property transferred
Let plug in the formula
Tax basis in the Stock received Exchange=$970-$195
Tax basis in the Stock received Exchange = $775
Therefore Amy's TAX BASIS in the stock received in the exchange will be $775
Answer:
1.12
Explanation:
Flask company has a net sales of $2,190 million
The cost of goods sold is $2,060 million
Net income is $410 million
Average total assets is $1,960
Therefore it's total assets turnover can be calculated as follows
= sales/Total assets turnover
= $2,190 million/$1,960 million
= 1.12
