Answer:
Over-applied by $70,000
Explanation:
Overhead Rate: Expected overhead / Expected Labor cost
Overhead Rate: $600,000 / $400,000
Overhead Rate: 150% or $1.5 for every $1 cost of labor
Overhead Applied
Actual Labor Cost: $440,000
Overhead Applied: $440,000 * 150%
Overhead Applied: $660,000
Actual Overhead: $590,000
Over-Applied: Applied Overhead - Actual Overhead
Over-Applied: $660,000 - $590,000
Over-Applied: $70,000
Snellen chart is an eye chart that can be used to measure visual acuity by determining the level of visual detail that a person can discriminate. The newborn's vision is estimated to be 20/200 on the Snellen eye examination chart. This means the new born can see at 20 feet what a normal adult can see at 200 feet.
Answer: accommodate changes in activity levels.
Explanation:
A flexible budget is refered to as the budget which changes based on the actual activity. It accommodate changes in activity levels.
It is the budget which is allowed to be adjusted as a result of the change in the assumptions that's used in the creation of the budget during the planning process of the management.
Complete Question:
The project team is ordering a server after discovering that it was missed in the original scope discovery of the project. There is an urgency to have it delivered quickly to minimize schedule slippage, but the project team does not want to spend money from dwindling reserves to pay for the additional shipping charges. Which of the following is the most accurate description of this situation?
A. There is an attribute issue since fast shipping and low cost shipping are both characteristics associated with shipping.
B. There is a budget issue since there isn't extra money for shipping.
C. There is a mutual exclusivity issue since shipping fast and low cost do not correlate to each other.
D. There is a time issue since the server needs to arrive quickly
Answer:
C. There is a mutual exclusivity issue since shipping fast and low cost do not correlate to each other
Explanation:
The most accurate description of this situation is that there is a mutual exclusivity issue since shipping fast and low cost do not correlate to each other. If two events are mutually exclusive, they cannot occur concurrently.
Mutually exclusivity describes the characteristics of events, which makes it impossible for them to occur together (concurrently) or at the same time. This ultimately implies that the events or outcome of the sampling is disjointed.
In this scenario, there is an urgency to have the server delivered quickly (shipping fast) to minimize schedule slippage, but the project team does not want to spend money from dwindling reserves to pay for the additional shipping charges which is considered to be a high cost.
<span>$11,320 with its interest rate over the year will be $13659.84. If Francine paid $436 each month for a year he would have paid off $5232 in a year. His debt balance would still be remanding at $8427.84. Francine will have paid off a large amount of his payment plan with the company however he will still be required to spend 18 months or so to pay back what he owes as there was a a 20.67% interest sum added to his payment plan with the company.</span>
