Answer:
Fixed overhead volume variance
= (Standard hours - Budgeted hours) x Standard fixed overhead rate
= (11,000 - 10,000) x $1.35
= $1,350(F)
The correct answer is A
Standard fixed overhead rate
= <u>Budgeted overhead</u>
Budgeted direct labour hours
= <u>$13,500</u>
10,000 hours
= $1.35 per direct labour hour
Explanation:
Fixed overhead volume variance is the difference between standard hours and budgeted hours multiplied by standard fixed overhead application rate. Standard fixed overhead application rate is the ratio of budgeted overhead to budgeted direct labour hours.
Answer:
Termination of Co-ownership by Partition
Explanation:
After intestate succession partakes in possession by a set of people, they become tenants in general . she does not, then when she goes, her share transfers to her descendants.
- Each tenant in common may terminate his or her co-ownership by a legislative action termed a partition. In a partition action, the judge will attempt to physically split the estate among the co-owners in percentage to their corresponding additional shares.
According to the definition of market value an appraiser should ignore the concessions, complete the appraisal, and select appropriate comparables if there are special or creative financing terms present for the subject property.
<h3>What is market value?</h3>
- The price at which an asset would trade in a competitive auction environment is known as its market value, or OMV.
- Despite the fact that these phrases have different meanings under various standards and can have variations in some situations,
- market value is frequently used interchangeably with open market value, fair value, and fair market value.
- You would multiply the total number of outstanding shares by the current share price to determine a company's market value.
- If ABC Limited, for instance, has 50,000 shares outstanding at a price of $25 apiece, its market value would be $1.25 million (50,000 x $25).
Learn more about market value here:
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Answer:
The correct option is (C) Game theory
Explanation:
The game theory is the way to studying the agent choices who generates the results in an economically manner as compared with the utilities of another agents
So as per the given scenario, as the oligopolies affect the good or bad market results so here the strategic decisions are required to understand for this the economist use the game theory
Therefore the correct option is (C) Game theory
Answer:
The correct answer is $20,211.84.
Explanation:
According to the scenario, the given data are as follows:
Payments (PMT) = $600
Interest rate = 7%
Growth rate = 3%
Time = 16 yeras
So, future value of growing annuity can be calculated by using following formula :
FV of growing annuity = Payment × ((1+ interest rate)^n - (1 + Growth rate)^n) / (Interest rate - Growth rate)
= 600 × ((1.07)^16 - 1.03^16) / (.07 - .03)
= 600 × ( 2.95216374857 - 1.6047064391 ) / (0.04)
= 600 × 33.6864
= $20,211.84
Hence, the correct answer is $20,211.84.
