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Margaret [11]
3 years ago
12

Overhead cost variance is: Multiple Choice The difference between the actual overhead incurred during a period and the standard

overhead applied. The difference between actual and budgeted cost caused by the difference between the actual price per unit and the budgeted price per unit. The costs that should be incurred under normal conditions to produce a specific product (or component) or to perform a specific service. The difference between the total overhead cost that would have been expected if the actual operating volume had been accurately predicted and the amount of overhead cost that was allocated to products using the standard overhead rate. The difference between the overhead costs actually incurred and the overhead budgeted at the actual operating level.
Business
1 answer:
mezya [45]3 years ago
3 0

Answer:

The difference between the actual overhead incurred during a period and the standard overhead applied.

Explanation:

As we know that

The variance is the difference between the actual volume or amount and expected or standard volume or amount

So the overhead variance is the difference between the actual overhead incurred and the standard overhead applied

Plus if the standard is more than the actual than it would be favorable otherwise unfavorable

Therefore, the first option is correct

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Friends, a convenience store, has recently begun to redesign and restock its stores to offer a more upscale environment with hig
maksim [4K]

Answer:

E. Positioning

Explanation:

Positioning deals with what organizations should do in order to sell its product and services to consumers. Positioning indicates an organization's product or service place in the mind of consumers. It is aimed at putting the product or services in the mind of the consumers. By redesigning and restocking the store to offer lre upscale environment with higher quality product, Friends had changed its positioning.

5 0
4 years ago
Hewitt Company expects cash sales for July of S15.000, and a 22% monthly increase during August and September. Credit sales of $
larisa [96]

Answer:

b) $22, 326 and $16, 900

Explanation:

The computation is shown below:

Budgeted cash sales

July cash sales

=  $15,000

August sales

= July sales +  July cash sales × monthly increase

= $15,000 + $15,000 × 22%

= $15,000 + $3,300

= $18,300

September sales

= August sales + august sales × monthly increase

= $18,300 + $18,300 × 22%

= $18,300 + $4,026

= $22,326

Budgeted credit sales

July cash sales

=  $10,000

August sales

= July sales +  July cash sales × monthly increase

= $10,000 + $10,000 × 30%

= $10,000 + $3,000

= $13,000

September sales

= August sales + august sales × monthly increase

= $13,000 + $13,000 × 30%

= $13,000 + $3,900

= $16,900

5 0
3 years ago
As a result of an increase in the growth rate of the money supply: __________
sweet-ann [11.9K]

Answer:

Real GDP growth increases only in the short run, and the inflation rate increases in both the short run and the long run.

Explanation:

An increase in the growth rate of money supply will result in an increase in inflation in both the short run and the long run.

Long run growth of the real GDP growth depends on the effective use of resources and technology, not the money supply.  

A small increase in the money supply is always needed to support economic growth, that is why one of the few ideas that most economists agree upon is that the inflation rate should be between 1.5 - 2% per year.

4 0
3 years ago
Suppose you take a short position of 1 million USD in the USD- MXN at 22.4015. What is the flow of MXN in your accounts
Sonbull [250]

Answer:

22,401,500 MXN exit from account

Explanation:

Given:

MXN at 22.4015

Amount = $1,000,000

MXN at short position

Find:

Flow of MXN

Computation:

MXN at short position so, flow is exit

MXN exit =  1,000,000 × 22.4015 )

22,401,500 MXN exit from account

7 0
4 years ago
a black female employee is told that she cannot come to work with her hair in a decorative braids traditionally worn in Africa,
sammy [17]

Answer:

Yes

Explanation:

Discrimination

5 0
3 years ago
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