Answer:
$651
Explanation:
For computation of Break-even monthly rent per apartment first we need to find out the monthly rent which is shown below:-
Monthly costs = Mortgage payment + Real estate taxes + Insurance costs + Maintenance costs
= $940 + ($1,440 ÷ 12) + ($900 ÷ 12) + (2 × ($1,000 ÷ 12)
= $940 + $120 + $75 + $167
= $1,302
Break-even monthly rent per apartment = Monthly costs ÷ 2
= $1,302 ÷ 2
= $651
Therefore we have applied the above formula.
We ignored the income tax as it is not relevant also it is tax deductible expense
Life insurance is most likely classified into categories
such as term, whole and variable. It is classified into categories because of
their contracts where they issue policies that will benefit an individual, a
set of people or even a whole with their given categories.
The growth-share matrix defines four types of SBUs:
- Stars: Consolidate/ Expand
- Question Mark: Improve/Invest or Divest
- Cash Cow: Harvest
- Dog: Divest
<h3>
What is the growth-share matrix?</h3>
The reasoning behind the growth share matrix is that market leadership yields greater profits that are sustainable. In the end, the market leader achieves a cost advantage that is difficult for rivals to match. The markets with the highest development potential are then indicated by these high growth rates.
Each of the four quadrants reflects a particular ratio of growth and market share relative to other quadrants:
- High Share, Low Growth. Businesses should harvest the cash from these "cash cows" to reinvest.
- High Growth, High Share. Because of their tremendous future potential, businesses should heavily invest in these "stars."
- Low Share, High Growth. Depending on their prospects of becoming stars, businesses should either invest in or ignore these "question marks."
- Low Growth, Low Share. These "pets" should be liquidated, divested, or repositioned by businesses.
To learn more about growth-share matrix visit:
brainly.com/question/26425181
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Answer: $2,000 favorable
Explanation:
Total variable overhead variance = Budgeted variable overhead - Actual total variable overhead
Budgeted variable overhead = Budgeted machine hours allowed for actual output * Budgeted variable overhead rate per machine hour
= 30,000 * 2.50
= $75,000
Total variable overhead variance = 75,000 - 73,000
= $2,000 favorable
Favorable because the actual amount was less than the budgeted one.
