Answer:
d.total factory overhead cost variance.
Explanation:
In manufacturing accounting, at the beginning of the period, manufacturing overheads (i.e. costs other than Direct Material and Direct Labor) has been applied to Work-in-process using a predetermined overhead rate. At the end of the period, if the manufacturing overhead account shows a debit balance, that signifies that overhead has been under-applied (i.e. the manufacturing overhead cost applied to work in process is <u>less </u>than the actual manufacturing overhead cost for the period), and contrariwise if the manufacturing overhead account shows a credit balance, it means the overhead is over-applied (i.e. the manufacturing overhead cost applied to work in process is <u>more </u>than the actual manufacturing overhead cost for the period). In any case this balance warrants an adjustment to close out the books, by transferring it to the cost of goods sold account.
Answer:
C. Responsiveness of quantity demanded to a percentage change in income.
Explanation:
Income elasticity is defined as the responsiveness of the quantity of a good demanded by an individual as his income changes, all other factors being constant.
Mathematically it is calculated as percentage change in quantity demanded divided by percentage change in income.
Income elasticity is used to find out if a good is a necessity or a luxury good.
The demand for goods that are a necessity does not change with a change in income.
However demand for a luxury good increases as income increases and vice versa
ANSWER:
Path Breakers:
Leo is very confident in his own style of selling, he doesn't go the conventional way, and has charted out a route for himself that gets him the desired results.
Challengers:
Anna puts in a lot of hard work everyday. She also puts in extra effort and record the highest number of visits and calls per day.
Dependable problem solvers:
Tanya understands her customer's business and thinks in a directed manner to solve their problems in an assertive manner through communication.
Toilers:
George always follows up with his customers after a sale. He makes sure that the product has been as per promised by getting in touch with his customers.
Hope this helps!
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
1) Deposit= $500
An annual simple interest rate of 6.6%
Number of years= 13 years
To calculate the final value, we need to use the following formula:
FV= PV*[i*n]
FV= 500*(0.066*13)= $429
2) Deposit= $500
An annual compounded interest rate of 6.6%
Number of years= 13 years
To calculate the final value, we need to use the following formula:
FV= PV*(1+i)^n
FV= 500*(1.066^13)
FV= $1,147.66
3) Deposit= $500
A quarterly compounded interest rate of 6.6%
Number of years= 13 years
Now:
n= 13*4= 52
i= 0.066/4= 0.0165
FV= 500*(1.0165^52)= $1,171
Answer: (B) Cost of equity
Explanation:
The cost of equity is basically refers to the return rate in an organization to the equity investors such as shareholders. The firms or organizations need to obtain the capital from he other firms for operating and the growth of an organization.
According to the question, the cost of equity is basically refers to the return that the individual wants to acquire on the investment when they purchased the common stock from the DL smith,Inc.
Therefore, Option (B) is correct answer.
