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nexus9112 [7]
3 years ago
11

Variable manufacturing overhead is applied to products on the basis of standard direct labor-hours. If the labor efficiency vari

ance is favorable, the variable overhead efficiency variance will be:
a. either favorable or unfavorable.

b.unfavorable.

c. favorable.

d. zero.
Business
1 answer:
Montano1993 [528]3 years ago
6 0
Answer is C i took the test yesterday and got a 100
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Suppose a firm has a fixed cost of $20,000 and a $5 variable cost for every unit it produces. If it produces 100 units, fixed co
Stolb23 [73]

Answer:

$ 20000

$500

$ 20000

0

Explanation:

Fixed cost is cost that does not vary with output. It remains the same regardless of output produced.

Fixed cost would be $20,000 regardless of the output produced.

Variable costs vary with output level.

If 100 units are produced and variable cost per unit is $5, variable cost would be 100 × $5 = $500

If 0 unit is produced and variable cost per unit is $5, variable cost would be 0 x $5 = 0

Total cost is the sum of Fixed cost and variable cost

I hope my answer helps you

7 0
3 years ago
A firm with a total asset turnover lower than the industry standard may have
Dmitry [639]

A firm that possess total asset turnover that is lower than of the industry standard and their ratio meets the standards of the industry is called the excessive fixed assets. The excessive fixed assets are the fixed assets in which the production that the firm owns is not consumed or converted and they are being done excessively.

3 0
4 years ago
​Holding other factors constant, a stock portfolio has more volatility when its individual stock volatilities are ________ and i
Gwar [14]

Answer:

​Holding other factors constant, a stock portfolio has more volatility when its individual stock volatilities are high and its individual stock returns have high correlations.

Explanation:

In Modern Portfolio Theory (MPT), the individual behavior of each investment is viewed and evaluated based on how it affects the overall portfolio's risk and return. For this particular case, all <em>individual stock volatilities</em> are <u>high</u>, which means the <em>overall portfolio volatility</em> is <u>high</u> as there is no <em>diversification</em>. Adding to that, having <em>highly correlated</em> stock return increases the volatility of the portfolio even more, as there is a higher chance of them all declining at once.

8 0
3 years ago
Which are pathways in the Marketing, Sales, and Service career cluster? Select all that apply.
cricket20 [7]
<h2>Answer:</h2>

All these apply

  • Marketing Information Management and Research
  • Marketing Communications and Promotion
  • Professional Sales and Marketing
  • Distribution and Logistics
  • E-Marketing
<h3>Explanation</h3>

All of the above mentioned choices fall in the pathways that come in the fields of Sales and Marketing. Marketing research is an important arena and so is the art of communicating and carrying out promotion tasks. Distribution is another big arena of sales and so is the trending field of E-Commerce where all these tools can be carried out online.

8 0
4 years ago
A $20,000 loan with interest at 3.5% is being repaid by 35 level annual payments. The first payment is due one year after the lo
Klio2033 [76]

Answer:

To find EMI (P) we know that the yearly EMI for the loan of $20000 for 35 years at an interest of 3.5% is $992 per year.

Therefore upon calculating the loan after the seventeenth year we have $19252

The EMI calculated after the one-third permitted on the seventeenth payment is, therefore: $992*1/3= 992/3=$330

Therefore, the balance calculated after the twenty-seventh instalment = $6150

Therefore the yearly EMI (P) for the loan of $6150 at 4% for the remaining eight years is $900 per year.

Explanation:

To find EMI (P) we know that the yearly EMI for the loan of $20000 for 35 years at an interest of 3.5% is $992 per year.

Therefore upon calculating the loan after the seventeenth year we have $19252

The EMI calculated after the one-third permitted on the seventeenth payment is, therefore: $992*1/3= 992/3=$330

Therefore, the balance calculated after the twenty-seventh instalment = $6150

Therefore the yearly EMI (P) for the loan of $6150 at 4% for the remaining eight years is $900 per year.

4 0
3 years ago
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