Answer:
Variable overhead efficiency variance= $3,000 favorable
Explanation:
<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Standard quantity= 3*15,000= 45,000 hours
Actual quantity= 44,000 hours
Standard rate= $3 per hour
Variable overhead efficiency variance= (45,000 - 44,000)*3
Variable overhead efficiency variance= $3,000 favorable
Answer: Check attachment
Explanation:
A cash basis income statement is simply referred to as an income statement which contains revenues and expenditures for the company whereby cash has either being received or paid by the company.
For accrual basis income statement, revenue and expenditures are recorded when they're either earned or made.
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Being aware of one's expectations is to keep them in check and to ensure that they are realistic. This is one of the ways to practice <u>Effective Parenting.</u>
<h3>Dangers of Unrealistic Expectations</h3>
Some of the dangers of unrealistic expectations are:
- Friction
- misunderstandings
- frustrations
- damage to the self-esteem of the kids and stifle healthy mental development of the kids
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Answer:
Explanation:
The current price of the bond can be calculated by using the formula:
Based on the information the amount of penalty that Victoria will have to pay is $850.
<h3>Penalty amount:</h3>
Using this formula
Penalty amount=(Tax return×Tax rate)×2
Where:
Tax return=$8,500
Tax rate=5%
Let plug in the formula
Penalty amount=( $8,500 x 5%) x 2
Penalty amount=$425×2
Penalty amount=$850
Inconclusion the amount of penalty that Victoria will have to pay is $850.
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