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Travka [436]
3 years ago
13

Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard mac

hine-hours (MHs). The company has provided the following data for the most recent month: Budgeted level of activity 9,200 MHs Actual level of activity 9,400 MHs Standard variable manufacturing overhead rate $ 7.90 per MH Actual total variable manufacturing overhead $ 71,610 What was the variable overhead rate variance for the month
Business
1 answer:
il63 [147K]3 years ago
8 0

Answer:

2,650 favorable

Explanation:

<u>manufacturing variable overhead variance:</u>

standard rate x actual cost driver - actual cost

$7.90 per machine hours x 9,400 Machine Hours - $71,610 actual cost

74,260 - 71,610 =  2,650 variance

The variance is favorable, as the actual cost were below standard.

It is important to identify the cost driver on which the rate is expressed. For this assignment we are given just one expression of machine hours. But, on a complete assignment we will be working with materials, direct labor cost, direct labor hours and other, we need to check what is the base for overhead.

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Assume your organization is experiencing an intruder attack. You have an intrusion detection system (IDS) set up. Which of the f
Tresset [83]

Answer:

a.

Explanation:

Based on the information provided within the question it can be said that the first event to occur is that the network router sends traffic to the firewall as well as to the IDS. This is because the information entering your network has to pass through the router which determines which devices connect to the network receive this information. Since you have an IDS set up then the information would pass through the IDS before reaching your device, which if the IDS detects it as suspicious traffic it will warn the firewall.

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4 years ago
Which is not one of the four major characteristics associated with a growing entrepreneurial firm?
Anastaziya [24]

Which isn't one of the 4 major characteristics related to a developing entrepreneurial firm: Inimitable

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5 0
2 years ago
Greater air pollution from car production leads to increased rates of asthma and infant mortality, imposing costs on the rest of
stiv31 [10]

Answer: 11 cars

Explanation:

Socially optimal quantity is determined where,

Demand = Marginal Social Cost

We have the demand function, now we must calculate the MSC.

We can do that as,

MSC = Marginal Private Cost + Marginal External Cost

MSC = 20 + 5q + 10

MSC = 30 + 5q

Going back to our original formula we can now solve for the socially optimal quantity as,

Demand = MSC.

100 - 5q = 20 + 2q

80 = 7q

q = 11.42

q = 11

11 is the socially optimal number of cars produced.

4 0
4 years ago
Suppose the market for cars is unregulated. That is, car prices are free to adjust based on the forces of supply and demand. If
grin007 [14]

This question is incomplete. The complete question should be:

Suppose the market for cars is unregulated. That is, car prices are free to adjust based on the forces of supply and demand.

If a shortage exists in the car market, then the current price must be ____ than the equilibrium price. For the market to reach equilibrium, you would expect ______.

Answer:

If a shortage exists in the car market, then the current price must be <u>lower</u> than the equilibrium price. For the market to reach equilibrium, you would expect <u>buyers to pay higher prices.</u>

Explanation:

When demand is equal to supply in a market, the the market is said to be at equilibrium.

In a market for cars, the equilibrium price is the price at which cars are sold when demand for cars equals the supply of cars into the market.

If the price of cars in the market drops lower than the equilibrium price, <u>then there will be an increase in demand for cars. Without a corresponding increase in supply of cars, the market will experience a shortage of cars.</u>

For the market to reach equilibrium, prices will have to rise and car buyers will have to pay higher prices.

5 0
4 years ago
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