Answer: $2,200 Unfavorable
Explanation:
Volume variance is the difference between actual and budgeted output so can be calculated by;
= (Budgeted output - Actual output) * overhead rate
= (4,900 - 3,800) * 2
= $2,200 Unfavorable
<em>Unfavorable because they produced less than the budget indicated that they would. </em>
PW = 50000×(((1.12^5)-1)÷(.12×1.12^5))= $180239
Answer:
Cyclical unemployment
Explanation:
Caused by a recession, which is a period of negative economic growth. It can also be caused by downturns in a business cycle which demands for goods and services that decreases over time.