Answer:
$4,100 Unfavorable
Explanation:
Data provided as per the question
Budgeted fixed overhead cost = $51,000
Actual fixed overhead cost = $55,100
The computation of the fixed manufacturing overhead budget variance is given below:-
Budget variance = Budgeted fixed overhead cost - Actual fixed overhead cost
= $51,000 - $55,100
= $4,100 Unfavorable
In the given question the right answer is not available. So, the right answer is $4,100 unfavorable.
Business optimism about future sales tends to <u>increase </u>investment expenditures, shifting the ad curve to the <u>left</u>.
The National Federation of the unbiased enterprise (NFIB) Small commercial enterprise Optimism Index is a composite of ten seasonally adjusted components. It offers an illustration of the fitness of small businesses within the U.S., which account for more or less 50% of the country's private team of workers.
The NFIB Small business Optimism Index in the united states decreased to 89.5 in June of 2022, the lowest given that January 2013, and in comparison to 93.1 in may additionally. An internet bad 61% of small enterprise owners count on higher commercial enterprise situations over the next six months, the bottom level recorded within the 48-year survey.
This business confidence indicator presents information on destiny trends, primarily based on opinion surveys on traits in manufacturing, orders, and shares of completed items in the industry zone.
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Answer: $0.75
Explanation: predetermined overhead rate = estimated manufacturing overhead cost/total overhead cost
estimated manufacturing overhead cost (labor cost) = $ 150000
total overhead cost = $200000
⇒ predetermined overhead rate = 150000/200000 = $0.75
Answer:
$6618 annual payment
Explanation:
Employer's annual contribution = $1500 until trust fund distribution
trust fund distribution = $25000
years to trust fund distribution = 20 years
To calculate the amount she must deposit to make up the amount ( future required amount ) she will pay the difference between the required value and the contribution from her employer + trust fund distribution
future value = 1500 FVIFA(8%,30) + 2500 FVIFA( 8%,10)
= 169924( 1500*113.28) + 53973 = 223897
therefore the required total of what she should deposit = 973633 - 223897 = 749735
the amount she must deposit annually is calculated as
749735 ( total payment ) = annuity * FVIFA(8%,30 )
ANNUITY = 749735 / 113.28
= $6618
NOTE : FVIFA (8%,30) and FVIFA( 8%,10) values are gotten from the FVIFA table