Answer:
8. The opportunity cost is c. wearing the shoes
9. To gain the most satisfaction possible
10. A new toy is less exciting to a child with many toys
Explanation:
Answer:
B. 20,000
Explanation:
Standard Variable overhead rate = $6 per units / 2 direct labour hour
Standard Variable overhead rate = $3 per hour
Variable Overhead Spending Variance = Actual hours worked * (Actual overhead rate - Standard overhead rate)
Variable overhead spending variance = 160,000 * (3.125 -3)
Variable overhead spending variance = 160000*0.875
Variable overhead spending variance = 20,000
Answer:
$312.5 million
Explanation:
Given that,
Besnier Company's sales last year = $250 million
Fixed assets last year = $75 million
Previous operating capacity of fixed assets = 80%
Sales at full capacity:
= Previous sales ÷ Previous Capacity
= $250 million ÷ 80%
= $312.5 million
Therefore, if the company had operated at full capacity then the sales could have been $312.5 million.
