Answer:
$10,125 Favorable
Actual quantity of the cost-allocation base used - Actual quantity of the cost-allocation base that should have been used to produce the actual output) × Budgeted variable overhead cost per unit of the cost-allocation base
Explanation:
Variable overhead spending variance = Actual Spending - budgeted Spending based on actual quantity
Variable overhead spending variance = (Actual Input x Actual rate) - ( Actual input x Budgeted rate)
Variable overhead spending variance = (10,125 x $29) - ( 10,125 x $30)
Variable overhead spending variance = $293,625 - $303,750
Variable overhead spending variance = $10,125 Favorable
Variable overhead spending variance is
Actual quantity of the cost-allocation base used - Actual quantity of the cost-allocation base that should have been used to produce the actual output) × Budgeted variable overhead cost per unit of the cost-allocation base
Answer:
5.37%
Explanation:
According to the scenario, computation of the given data are as follow:-
We can calculate the company’s after tax return on preferred by using following formula:-
Company’s After Tax Return = Before Tax Dividend Yield Rate on Preferred Stock × [1 - (1 - Dividend Exclusive) × (Tax Rate)]
= 6% × [1 - (1 - 70%) × (35%)]
= 0.06 × [1 - (1 - 0.70) × (0.35)]
= 0.06 × [1 - (0.30) × (0.35)]
= 0.06 × (1 - 0.105)
= 0.0537
= 5.37%
We simply applied the above formula to determine the company after tax return
Answer:
Trial Balance
Items Group Debit ($) Credit ($)
Cash Asset 37641
Office Supplies Asset 890
Prepaid Insurance Asset 4600
Office Equipment Asset 12900
Accounts Payable Liability 12900
Capital Equity 18000
Withdrawals Equity 3329
Engineering Fees earned Revenue 36000
Rent Expense Expense <u>7540</u> <u> </u>
Total <u>$66900</u> <u>$66900</u>
Answer:
B. the natural unemployment rate.
Explanation:
When the level of output is equal to natural real GDP, it indicates that the country has reach a very optimal level of production has efficiently utilize all resources that it has in its disposal. These 'Resources' include both human , capital, and natural resources.
Natural employment rate is the amount of employment rate that occurs after a country has fully utilize its resources. Like mentioned above, This situation will arise when the level of of output equal to natural Real GDP
Since there is little to no human resources left unused which make natural unemployment rate basically equal to the total employment rate that exist in that country.