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ser-zykov [4K]
3 years ago
11

Question 6 (multiple choice)

Business
2 answers:
belka [17]3 years ago
7 0
I got D as my answer.
Tasya [4]3 years ago
3 0
It may be A but if it isn't I'm sorry
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A firm uses a standard costing system and allocates variable overhead costs based on direct labor hours. The annual budget proje
DENIUS [597]

Answer:

Your answer is given below:

Explanation:

Statement showing Computations  

         Paticulars                                                                             Amount

Variable overhead cost per unit =100,000/1,000                   100.00

Standard Variable overhead for 750 Units = 750 * 100             75,000.00

Actual Variable overhead             75,000.00

Variable overhead spending variance= Standard VO - Actual VO  

Variable overhead spending variance= 75,000 - 75,000  

Variable overhead spending variance= 0

8 0
2 years ago
The supply curve of labor is upward sloping if:____________
horsena [70]

Answer:

Option A, “the substitution effect dominates the income effect” is correct.

Explanation:

If the real wage increases then the opportunity cost for leisure will also increase. Therefore, an increase in real wages and a rise in the opportunity cost of leisure induce labor to supply more workforce or labor force. This is known as the substitution effect. Moreover, when this substitution effect is greater than the income effect then the supply curve for labor is upward sloping.

6 0
3 years ago
On December 31, 2019, Coolwear, Inc. had a balance in its supplies account of $48,400. During 2020, $86,000 was paid for new sup
Luden [163]

Answer:

$92,400

Explanation:

Supplies expense for 2020 would be calculated as;

= Ending balance in supplies account on December 31, 2019 + Payment for new supplies in 2020 - Balance in supplies account at the end of year 2020

Given that ;

Ending balance in supplies account = $48,400

Payment for new supplies = $86,000

Balance in supplies account at the end of year 2020 = $42,000

Therefore,

Supplies expense for 2020

= $48,400 + $86,000 - $42,000

= $92,400

6 0
2 years ago
Parents of young children have been known to drive out of their way so their kids will not see McDonald's Golden Arches and plea
Pavel [41]

E

know what the Golden Arches brand symbol means.

7 0
3 years ago
Read 2 more answers
Store A sells four times as many products as store B and one third as many as store C. If store C sells 105,960 products, how ma
nikitadnepr [17]

Answer: a. 8,830 products

Explanation:

Store A sells one third as many as Store C so if Store C sells 105,960 products, Store A would be selling:

= 105,960 / 3

= 35,320 products

Store A sells four times as many products are store B. If Store A sells 35,320 products, Store B would sell:

= 35,320 / 4

= 8,830 products

8 0
2 years ago
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