Answer:
$121 unfavorable
Explanation:
The computation of the activity variance is shown below:
Activity variance = Planning budget amount - flexible budget amount
where,
Planning Budget is
= $26,100 + $12.10 × 2000
= $50,300
And,
Flexible Budget is
= $26,100 + $12.10 × 2010
= $50,421
So, the activity variance for personnel expenses is
= $50,300 - $50,421
= $121 unfavorable
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Answer:
The correct answer is letter "B": Accounting rate of return.
Explanation:
The rate of return is the earnings that the asset produces in excess of its initial cost. The figure is generally calculated as an annualized percentage. The rate of return can be determined based on the cash flows produced by the asset. Besides, this could involve an element of capital gain. The rate of return can be negative if the asset generates less profit than its cost.
The Accounting Rate of Return measures the return of a specific project in percentage terms. It is mostly used when the firm develops different projects at the same time allowing them to find out which one is more profitable.
Answer:
Explanation:
TO CONTRACT in order to pay more taxes and spend less money to avoid a price hike. DECREASE, if people spend less money the GDP is affected because of the purchases and the price level obviously prives FALL.
B. Determine savings or debt :)