The difference between the consumers willingness to pay for a community and the actual price paid by them
Answer:
Variable overhead efficiency variance= $7,000 favorable
Explanation:
<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>
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Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Standard quantity= 9,000*2= 18,000 hours
Actual quantity= 16,000 hours
Standard rate= $3.5 per hour
Variable overhead efficiency variance= (18,000 - 16,000)*3.5
Variable overhead efficiency variance= $7,000 favorable
Answer:
Purchase a stock when its price is 2% lower than that of the Dow Average "is an explanation of a passive trading strategy. A passive trading strategy is basically refer to filter rule.
Explanation:
Purchase a stock when its price is 2% lower than that of the Dow Average "is an explanation of a passive trading strategy. A passive trading strategy is basically refer to filter rule.
A filter rule is a market technique where a technical consultant defines rules for buying and selling securities based on percentage deviates from previous rates. The filter rule is usually based on market momentum or the assumption that increasing prices tend to keep rising and falling prices tend to keep falling
Answer:
c. fiscal and monetary policies that impact aggregate demand do not impact the natural rate of unemployment.
Explanation:
Short run Philips Curve is downward sloping, due to inverse relationship between unemployment rate & inflation rate. High economic activity implies more inflation rate, less unemployment. Low economic activity implies less inflation rate, more unemployment.
However, the inverse relationship between inflation & unemployment is only in short run & not in long run. In long run, this inflation - unemployment trade off doesn't exist. So, any fiscal or monetary policy affecting aggregate demand & consecutively inflation rate, do not affect the natural rate of unemployment (combination of frictional & structural unemployment rate) in long run.
Answer:
16%
Explanation:
The computation of the target fixed assets sales ratio is shown below:
As we know that
Target Fixed asset - Sales ratio is
= Fixed Assets ÷ Full Capacity Sales
where,
Fixed assets is $100 million
And the full capacity sales is
= $250 million × 40%
Now putting these values to the above formula
So, the target fixed asset sales ratio is
= $100 million ÷ $250 million × 40%
= 16%