Answer:
$1,600 Unfavorable
Explanation:
Given that,
Budgeted fixed overhead = $1.00 per hour
Expected capacity = 5,000 units
Standard quantity = 2 hours per unit
Actual units produced = 5,200
Total overhead costs = $12,000
Controllable variance:
= Actual Overhead cost - Budgeted cost of actual production
= $12,000 - (Actual units produced × Budgeted fixed overhead × Standard quantity)
= $12,000 - (5,200 × $1 × 2)
= $12,000 - $10,400
= $1,600 Unfavorable
Answer: d. All of these are candidates for depth interviews.
Explanation:
Depth interview is a research technique which is qualitative and involves conducting individual interviews which are very intense with the respondents in order to have their idea regarding certain topics or issues.
Candidates for depth interviews could include current customers, members of the target market and the executives and managers of the company. Therefore, all of these are candidates for depth interviews.
Call up the credit card company and have them look into it
Answer: B. a turnkey system
Explanation: A turnkey system is a system that has been customized for a particular application. It can also be said that it is a ready to run system.
It is a complete computer system that include a hardware, operating system and application(s) designed and sold to satisfy specific business requirements.
An example of a turnkey system is a system designed for an organisation that includes software and hardware for its employees to work with.
Answer: $80 million per year for 25 years
Explanation:
The option you should choose is one that will guarantee you the highest present value.
This means that you need to discount the annual payment of $80 million per year for 25 years to find the present value. As you did not include a rate, we shall assume a rate of 8% for reference purposes.
The annual payment is an annuity so the present value can be calculated by:
Present value of annuity = Annuity payment * Present value interest factor, rate, no. of years
= 80,000,000 * Present value interest factor, 8%, 25 years
= 80,000,000 * 10.6748
= $853,984,000
<em>The present value of the annual payment is more than the present value of the $850 million received today so the Annual payment should be taken. </em>
