Yes, that seems like a prudent decision. Maybe provide more information?
Answer: c. $100 favorable fixed operating cost variance
Explanation:
Cost Variance is a way of measuring the efficiency of a Company or segment in terms of how well they are managing resources and keeping with the budget.
It is calculated by subtracting the Actual balance from the Budgeted balance.
If the result is negative it is called UNFAVORABLE. If it is positive on the other hand it'll be labeled FAVORABLE.
Option C is correct because,
Budgeted balance of Fixed Cost is 500.
Actual balance is 400.
Fixed Operating Cost Variance = 500 - 400
= $100
$100 is positive so it is $100 FAVORABLE.
The correct answer among the choices listed is option D. A credit card most likely have the highest interest rate among the others because it is the most convenient and it has a short term for payments.
Heitger identified three overhead activities and related drivers. Budgeted information for the year is as follows: Activity Cost Driver Amount of Driver
<h3>What is
Amount of Driver?</h3>
Value drivers are factors that raise the monetary value of a product, service, asset, or business. In the case of a product, it may be a distinguishing feature that makes the product a must-have for customers.
Business drivers are the key inputs and activities that drive a company's operational and financial results. Salespeople, the number of stores, website traffic, the number and price of products sold, units of production, and so on are common examples of business drivers.
Value drivers will make a company's products appear to be superior to those of its competitors. A company's market leverage can be increased by developing as many value drivers as possible. They will persuade customers to buy the product even more.
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