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jonny [76]
3 years ago
5

Basic characteristic of free market system

Business
1 answer:
Fittoniya [83]3 years ago
7 0
One of the most important things is called  a free enterprise economy
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To assess risk and return involved in a purchase decision, which practical questions should a potential buyer ask? Check all tha
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- What can go wrong?
This question is asked to find out the potential risk that may occur after purchasing the product.

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<span>The purchase should be made only if the potential benefit would outweigh potential risk

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3 years ago
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Levelor Company's flexible budget shows $10,750 of overhead at 75% of capacity, which was the operating level achieved during Ma
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Answer:

The controllable variance for the month was $1,709 unfavorable

Explanation:

Controllable variance: The controllable variance show a difference between actual overhead expenses incurred and budgeting operating level based on direct labor hour.

In mathematically,

Controllable variance = Actual overhead expenses - budgeting operating level based on direct labor hour

where,

Actual overhead expenses = $11,227

And, budgeted operating level based on direct labor hour

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Now, put these values on the above formula:

So,

Controllable variance = $11,227 - $12,936 = $1,709 unfavorable

Hence, the controllable variance for the month was $1,709 unfavorable

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3 years ago
Witch type of group discussion requires a lot of active participation from the audience?
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Class participation

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The direct labor budget begins with the required production in units from the production budget.
miv72 [106K]
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Consider the following statements, and indicate which variable is an independent variable and which variable is a dependent vari
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Answer and Explanation:

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