Answer:
Variable manufacturing overhead spending variance= $2,000 favorable
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
<u></u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 2,400,000 / 240,000
Predetermined manufacturing overhead rate= $10 per machine hour
<u>To calculate the variable overhead spending variance, we need to use the following formula:</u>
<u></u>
Variable manufacturing overhead spending variance= (standard rate - actual rate)* actual quantity
Variable manufacturing overhead spending variance= (15 - 214,000/21,600)*21,600
Variable manufacturing overhead spending variance= $2,000 favorable
Answer:
This is true
Explanation:
Sarah illustrated scaffolding for Haley by supporting her through learning when putting lace around the card's edge.
Answer:
- <u><em>functions that return a logical value:</em></u>
<u><em>AND </em></u>Returns TRUE if all of the arguments evaluate to TRUE. =AND(A2>=10, B2<5)
<u><em>OR </em></u>Returns TRUE if any argument evaluates to TRUE. =OR(A2>=10, B2<5)
<u><em>XOR </em></u>Returns a logical Exclusive Or of all arguments. =XOR(A2>=10, B2<5)
<u><em></em></u>
2. <u><em>I and functions return a logical value?</em></u>
<u><em></em></u>
<u><em>TRUE</em></u>
The IF function can perform a logical test and return one value for a TRUE result, and another for a FALSE .
As explained above the AND function return a logical value
Answer:
~42
Explanation:
Ex. Company-paid health insurance is a major benefit sought out by many employees. If coverage for a family costs $15,000 per year and your employee is paid $40,000 per year, what percentage of their total compensation is the healthcare benefit?
SOLUTION:
$15,000 / ($15,000 + $40,000) = 0.272 x 100 = 27.2%
Problem: 20/20+28=0.416=41.6%
Answer:
19%
Overvalued
Explanation:
Computation for the return the firm should earn
Using this formula
The firm's required return=Risk-free rate+Beta×( Expected return-Risk-free rate)
Let plug in the formula
The firm's required return = 4% + 1.5 x (14% - 4%)
The firm's required return =4%+1.5×10%
The firm's required return =0.19*100
The firm's required return =19%
Based on the above calculation the firm's required return is 19% in which the manager believes a 16% return will be achieved which means that manager is saying the firm is OVERVALUED relative to their own estimate.