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antoniya [11.8K]
3 years ago
6

Dvorak Company produced 1,000 units of product that required 3 standard hours per unit. The standard variable overhead cost per

unit is $1.40 per hour. The actual variable factory overhead was $4,000. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Business
1 answer:
valentina_108 [34]3 years ago
4 0

Answer:

The variance is 4,000 - 4,200 = -200 (favourable variance).

Explanation:

To know the production variance in this exercise, we first need to know the total standard cost, then calculate the difference between the actual cost and the standard one.

Total standard cost = production volume x hour used per one unit produced x overhead cost per hour = 1,000 x 3 x 1.4 = 4,200

So, the variance is 4,000 - 4,200 = -200 (favourable variance).

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Verizon Corporation's use of a Web-based digital dashboard to provide managers with precise real-time information illustrates wh
rewona [7]

Answer:

B) improved decision making

Explanation:

A company's main objective is to make the rational decision that can help the company achieve its goals in order to capture the dynamics of the market.  

If a wrong decision is made, it can harm the company's image and the situation would get worse, thus making the company profitable by making a good decision.

In case of the real-time information, decision making plays a very important role so that the managers could take the decisions at the specified time.

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4 years ago
The price elasticity of demand if the price of a pint falls from $8 to $6 is
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It means to say that the demand of the product is decreasing.  The relationship between the price and demand is one way. It means to say that if the price increases, the demand is higher. In this scenario, the price increases to avoid shortage on the product. If the price is decreasing, it means to say that the demand is decreasing and can possibly cause surplus on the said product. Lowering the price allows consumers to have higher purchasing power and enticing them to purchase such product.
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3 years ago
Moody Farms just paid a dividend of $3.95 on its stock. The growth rate in dividends is expected to be a constant 5 percent per
Amiraneli [1.4K]

Answer:

$81.52

Explanation:

The current share price is the present value of future dividends as well as the present value of the terminal value of dividends beyond year 6 as shown thus:

Current dividend=$3.95

Year 1 dividend=$3.95*(1+5%)=$4.15

Year 2 dividend=$4.15*(1+5%)=$4.36

Year 3 dividend=$4.36*(1+5%)=$4.58

The required rate of return(discount rate) for the dividends in the FIRST 3 years above is 14%

Year 4 dividend=$4.58*(1+5%)=$4.81

Year 5 dividend=$4.81*(1+5%)=$5.05

Year 6 dividend=$5.05*(1+5%)=$5.30

The required rate of return(discount rate) for the dividends in the NEXT 3 years above is 12%

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growth rate=5%

rate of return=10%(rate of return thereafter)

terminal value=$5.30*(1+5%)/(10%-5%)

terminal value=$111.30

current share price=$4.15/(1+14%)+$4.36/(1+14%)^2+$4.58/(1+14%)^3+$4.81/(1+12%)^4+$5.05/(1+12%)^5+$5.30/(1+12%)^6+$111.30/(1+10%)^6

current share price=$81.52

5 0
3 years ago
If the capital stock ________ while the supply of labor ________, it is likely that the productivity of labor will fall.
liq [111]

If the capital stock fixed while the supply of labor increases, it is likely that the productivity of labor will fall.

<h3>What is Labor productivity?</h3>

Labor productivity is use to measure the output of a labour based on hourly basis.

Labor productivity is usually determined by the amount of Capital that is investment. This include technological and human capital.

Therefore, If the capital stock fixed while the supply of labor increases, it is likely that the productivity of labor will fall.

Learn more on productivity here,

brainly.com/question/2992817

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2 years ago
If the fed wishes to increase the money supply then it should: increase the required reserve ratio. increase the discount rate.
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3 years ago
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