Answer:
the standard variable overhead rate exceeded the actual rate.
Explanation:
Considering that, Variable overhead rate variance = Actual overhead costs - (actual hours * Standard rate)
Hence, in this case, since it is assumed that, if variable manufacturing overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favorable, then: the standard variable overhead rate exceeded the actual rate.
Life Insuarance because you would be able to pay for your grave, wouldnt have to rely on your family members to collect money.
Answer:
WACC = 11.6%
Explanation:
<em>The weighted average cost of capital (WACC) is the average cost of all the various sources of long-term finance used by a business weighted according to the proportion which each source of finance bears to the the entire pool of fund. </em>
To calculate the weighted average cost of capital, follow the steps below:
<em>Step 1: Calculate cost of individual source of finance </em>
Cost of Equity= 13.5%
After-tax cost of debt:
= (1- T) × before-tax cost of debt
= 7%× (1-0.4)= 4.2%
<em>Step 2 : calculate the proportion or weight of the individual source of finance . (This already given) </em>
Equity = 80%
Debt= 20%
<em>Step 3:Work out weighted average cost of capital (WACC) </em>
WACC = ( 13.5%× 80%) + ( 4.2%× 20%) = 11.64%
WACC = 11.6%
The economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.
<h3>What is utility?</h3>
Utility refers to the amount of satisfaction a consumer derive from the consumption of certain commodities.
It is the importance or value added to a product or service that helps gives the consumer useful information about all products and services.
Hence, the economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.
Learn more about utility here : brainly.com/question/24848038
Answer:
1. The GDP deflator for this year is calculated by dividing the<u> Value of all goods and services produced in the economy this year</u> using <u>this year's prices</u> by the <u>Value of all goods and services produced in the economy in the base year </u> using <u>the base year's prices</u> and multiplying by 100.
However, the CPI reflects only the prices of all goods and services<u> bought by consumers</u>.
2. a. A decrease in the price of a Chinese-made car that is popular among U.S. consumers. <u>Affects CPI. </u>
This affects CPI because the CPI reflects only the prices of goods and services purchased by customers.
b. An increase in the price of a Waterman Industries deep-water reel, which is a commercial fishing product used for deep-sea fishing, made in the U.S., but not bought by U.S. consumers. <u>Affects GDP Deflator.</u>
This is a good produced in the United States so it will affect the GDP Deflator as that deals with GDP.