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Elena L [17]
3 years ago
11

A variance is:

Business
1 answer:
mestny [16]3 years ago
7 0

Answer:

B. the difference between an actual amount and a budgeted or standard amount.

Explanation:

For example in the price variance for direct materials the variance will be the difference betwene the standard cost and the actual cost of the purchased units.

The labor hour variance will be the difference between the labor hours we expected based on standard and the actual hours needed to obtain the output for the period.

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Jerry deposited $10,000 in a bank account, and 10 years later he closes out the account, which is worth $18,000. The annual rate
MArishka [77]

Answer:

<h2>r=  6.054% per year</h2>

Explanation:

given that

principal P=  $10,000

final amount A= $18,000

time t= 10 years

To find the annual rate we will use the formula below and solve for r

r = [(\frac{A}{P} )^\frac{1}{t}  - 1]

Substituting our data into the expression and solving for r we have

r = [(\frac{18000}{10000} )^\frac{1}{10}  - 1]\\\\r = [(1.8 )^\frac{1}{10}  - 1]\\\\r = [(1.8 )^0^.^1  - 1]\\\\r = [(1.8 )^0^.^1  - 1]\\r={1.06054-1}\\\\r= 0.06054  

Calculate rate of interest in percent

r = 0.06054* 100

r=  6.054% per year

4 0
3 years ago
Think of an organization that you know relatively well and attempt to construct a mission statement in light of the components o
disa [49]

Answer:

C-STEM Lab services is the organisation of choice

Explanation:

Why?

This is because C-STEM Lab offers services that leads to soft-skill and self dependent development thereby leading to the eradication of the high level of illiteracy in the society.

Their distinctive component

Their distinctive component is to providing education technology tools and platform's to enhance quality outcome in teaching and learning.

8 0
4 years ago
Read 2 more answers
True or False: The effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.
aleksklad [387]

It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.

<h3>What is Tax?</h3>

Tax refer compulsory levy or contribution place on individual, organization or state which is levied by government majorly on workers income or business profits of companies or can be added to cost of goods, services or even any transactions done.

Therefore, It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers because the effect of tax on consumers or producers is normally determined by price elasticity.

Learn more about tax from the link below.

brainly.com/question/25783927

5 0
2 years ago
In the state of Florida if you're convicted of reckless driving you'll be assessed how many points
Greeley [361]
In the state of FL you'll be assessed 4 points.
6 0
3 years ago
Read 2 more answers
Entering foreign markets requires firms to ascertain foremost how they will attain
coldgirl [10]

The answer is market share. Entering foreign markets will require a certain company or firm to attain their market share because compared to local markets, foreign markets are different and requires strategies and planning—in which, they should do what it takes to attain their market share that is a portion of their market controlled by them.

6 0
3 years ago
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