The fixed budget indicates sales of $50,000. actual sales were $55,000. The variance is $5,000 favorable.
The variance is a measure of variability. it's far calculated by taking the average of squared deviations from the mean. Variance tells you the diploma of unfold in your information set. The more unfold the data, the larger the variance is in relation to the mean.
In opportunity idea and information, variance is the expectation of the squared deviation of a random variable from its populace imply or sample suggest. Variance is a measure of dispersion, that means it's far a degree of the way a long way a fixed of numbers is spread out from their average price.
Not like variety and interquartile range, variance is a measure of dispersion that takes into consideration the unfold of all information points in a data set. It is the degree of dispersion the most often used, in conjunction with the standard deviation, that is truly the rectangular root of the variance.
Learn more about variance here brainly.com/question/15858152
#SPJ4
Answer:
⚡️?
Explanation:
⚡️ nothing has a problem with the battery and the battery is a bit annoying and the battery is a bit annoying
<span>Having a good, positive attitude, along with positive thinking, at work will reflect on what you do and make you a more productive employee. This can determine how well you get your projects done and also how others perceive you. If you display a good attitude, you may increase your chances for a promotion or a raise if you are a positive role model for others within your department at work.</span>
Answer:
45.83%
Explanation:
The Gross Margin Ratio is a profitability ratio . It compares the gross margin of a business to its net revenue.
The formula for calculating gross profit ratio is
Gross Profit Margin ration = Net Sales− COGS
Net Sales
COGS is the cost of goods sold.
For Megascape board
Net sales= $2.4 million,
COGS =$1.3 million,
gross profit margin ratio = $2.4 - $1.3
$2.4
=$1.1/$2.4 x 100
=45.83%
<span><span>1.
</span>With the rise in the cost of machinery or raw
materials, the good becomes more expensive to produce. So the correct option
for this question is option “c”. The cost of machinery and raw materials are
directly proportional to the increase in cost of any goods.</span>
<span><span>
2.
</span>The introduction or advent of new technology lowers
cost and increases supply. So for this question the correct option is “b”. New technology
always helps to increase the production with lowering of cost and that is the
reason behind adopting new technology. </span>