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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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Assume that you are the portfolio manager of the SF Fund, a $3 million hedge fund that contains the following stocks. The requir
borishaifa [10]

Answer:

11.11%

Explanation:

<em><u>The full question with table is attached.</u></em>

<em><u /></em>

We need the rate of return formula using Capital Asset Pricing Model (CAPM). The formula is:

R=R_f+\beta(R_m-R_f)

Where

R is rate of return (what we need)

R_f is risk-free return rate (5% = 0.05)

R_m is the market rate of return (11% = 0.11)

To get \beta, we take the weighted average of the portfolio.

Weight of Stock A = 1,075,000/3,000,000 = 0.3583

Weight of Stock B = 675,000/3,000,000 = 0.225

Weight of Stock C = 750,000/3,000,000 = 0.25

Weight of Stock D = 500,000/3,000,000 = 0.1667

Portfolio Beta = (0.3583*1.2) + (0.225*0.50) + (0.25*1.40) + (0.1667*0.75) = 1.02  

Now, we calculate rate of return using CAPM formula:

R=R_f+\beta(R_m-R_f)\\R=0.05+1.02(0.11-0.05)\\R=0.1112

That is 11.12%, or from answer choice, it is <u>11.11%</u>

7 0
3 years ago
Pequeno Pesos Restaurants, Inc. is a chain of restaurants featuring authentic, affordable Mexican cuisine around the United Stat
blagie [28]

Answer:

A. Information published by the U.S. Bureau of the Census that identifies which regions of the United States are experiencing the most rapid growth in Mexican-American population.

Explanation:

As the restaurant is famous and serves the Mexican cuisine, it needs data that will provide information about the interests of people in Mexican Cuisine.

The information published by the US Bureau about the population of Mexican citizens growing will help the restaurant identify the areas where it will find its most probable customers for the Mexican Cuisine.

The census will provide the maximum information about the regions with the population with Mexican people as the chances to like Mexican cuisine is maximum with Mexican population.

7 0
3 years ago
Help! I already choose one of the correct answers
Eva8 [605]
1,D u answered it 2,B 3,A 4,E 5,C
8 0
3 years ago
Which of the following provisions of the Sarbanes-Oxley Act addresses the management assessment of internal controls?
Ainat [17]

Answer:

b. codes of ethics for senior financial officers.

Explanation:

according to the Sarbanes-Oxley act:

- The company should be having an expert who is responsible for the auditing andd the company should name the expert and if they are not having the expert they should give a reason.

- A comapny should have a code andd ethics and it should also be applied to the seniors.

4 0
3 years ago
Castillo​ Corporation, a​ manufacturer, reports costs for the year as​ follows: Direct Materials Used $ 375 comma 000 Wages to L
Sav [38]

Answer:

Period cost is Office rentals and Indirect material used

Explanation:

The reason is that the office rentals are not associated with the production and has much more association with the time. The passage of time increases the rental cost which means it is a period cost. Likewise, the indirect material cost incurred is also not associated with the production and has more association with the period. Example includes the safety material used in the warehouse or cleaning material used in the accounting department or production department means that the expense is period related.

Total Period cost = $29,000 Office rentals + $320,000 Indirect material

Total Period cost = $349,000

8 0
3 years ago
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