Answer:
$56,000 Favorable
Explanation:
The computation of the flexible-budget amount for variable manufacturing overhead is shown below
The Budgeted machine hours per unit os
= 24,000 ÷ 8,000
= 3
The Budgeted machine hours allowed for 8,500 units is
= 8,500 × 3
= 25,500
Now the Budgeted variable overhead rate per machine hour is
= $288,000 ÷ 24,000
= $12.00
Now
Flexible-budget amount is
= 25,500 × $12.00
= $306,000
So, the Flexible-budget variance is
= $250,000 - $306,000
= $56,000 Favorable
The correct answer is that the colon is being correctly used in the third choice.
The colon is being used correctly in the sentence: The kitchen assistants helped the chef by: chopping onions, blending spices, and plating the food. This is a correct use of a colon because it is being used to introduce a list of items.
Answer:
D) Both A. and B. are true.
- A) The schedule provides no information as to whether Jurisdiction M's tax is horizontally equitable.
- B) Jurisdiction M's tax is vertically equitable.
Explanation:
When we are talking about horizontal equity of a tax, we are talking about how the tax base is measured and the ability that taxpayers have to pay the tax. There is nothing here about tax base or taxpayers' ability to pay.
On the other hand, vertical equity deals with the tax rate structure. In this case, the tax rate is progressive, meaning that it increases as the taxpayers' income increases. Progressive taxes are vertically equitable.
Answer: The product life cycle of a unique marketing can be characterized by introduction, growth, maturity and decline.
Explanation:
The product life cycle of a unique marketing can be characterized by introduction, growth, maturity and decline.
Introduction; This is viewed as an entry level into the market. Where the goods begin to gain a little recognition
Growth; this is described as a movement from introduction to a fast or slow consistent rapid growth of the product in the market.
Maturity; is described as the growth from the growth category, where the product gain some market stability and is now known by the public.
Decline; is the stage of slow and loss of recognition in the market space which could be caused by lack of creativity or consistency drop
While some products may stay in a prolonged maturity state, all products eventually phase out of the market due to several factors including saturation, increased competition, decreased demand and dropping sales