Answer:
Master Budget Variance = -$25,986 Unfavorable
Explanation:
Master Budget Variance = Standard or Budgeted Sales Value - Actual Sales Value
Budgeted Sales Value = 14 pools for $20,517 per pool = $287,238
Actual Sales Value = 12 pools for $21,771 per pool = $261,252
Master Budget Variance = $287,238 - $261,252 = $25,986
Since actual sales value is less than budgeted sales, the variance is unfavorable.
Master Budget Variance = -$25,986 Unfavorable
Answer:
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Explanation:
Says google
$100,000 was allocated by a stockbroker to a portfolio yielding 4% annually compounded. If no withdrawals are taken, there will be $117,352 left in the account after four years.
Given a certain rate of return, present value (PV) is the current value of a future financial asset or stream of cash flows. A discount rate or the interest rate that could be obtained through investment is applied to the future value to get the present value.
According to the continuously compounded interest formula,
FV = PV 
Here,
Present Investment Value, or PV
the interest rate, I
T = time in years
So,
In light of the specified
PV = $ 100,000
I = 4% = 0.04
t = 4 years
Hence
FV stands for "Final Investment Value"
Then,
FV = 100,000 * e⁰.⁰⁴ˣ⁴
FV = 100,000*e⁰.¹⁶
FV = 100,000 * 1.173510871
FV = 117351.0871
FV = 117351
Hence
The balance in the account after four years was = $117,352
To know more about Present Value, refer to this link:
brainly.com/question/1212987
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Answer:
5.5 Hours
Explanation:
The main difference among both the drivers is the number of jobs and the difference of working hours can only be determined by adding number of jobs. Sofia has two more jobs compared to victor. Following is the method to calculate the working hours:
4+0.75(2)=5.5 hours
Sofia is expected to work for 5.5 hours