Sales Agent makes an average income of nearly 67,000 dollars approximately per year
<u>Explanation:</u>
Sales agent performs the duty of selling and distributing the products to the customer. They also provide complete services regarding the products and duly take the responsibility in clearing an issue in the product.
Sales Agents perform various roles such as;
- Provides a complete description regarding the product along with its feature.
- Interact with business officials for future sale agreements.
- Maintains a friendly relationship with their customers.
- Progress towards rapid growth in selling more products.
Answer:
a. $1,700 U
b. $3,260 F
Explanation:
a. Fixed over head budget variance = Actual fixed overhead - Budgeted fixed overhead
Actual fixed overhead = $35,700
Budgeted fixed overhead = $34,000
Fixed overhead budget variance = $35,700 - $34,000
= $1,700 U
b. Fixed overhead volume variance = Budgeted fixed overhead - Standard fixed overhead
Standard fixed overhead application rate = $2 per machine hr × 1hr
= $2
Budgeted fixed overhead = $34,000
Standard fixed overhead = Standard hours for actual output × Budgeted rate
= (18,630 units × 1hr) × $2
= $37,260
Fixed overhead volume variance
= $34,000 - $37,260
= 3,260 F
It is true that failure to pay child support can result in the suspension of your license.
Answer:
The portfolio beta is 1.08
Explanation:
The portfolio beta is the function of the weighted average of the individual stock betas that form up the portfolio. The weighatge is assigned to the stocks based on the investment in the stock as a proportion of the total investment in the portfolio. Thus, the portfolio beta is,
The investment in Con Edison = 45000 - 21200 - 10000 = $13800
Portfolio beta = 21200/45000 * 1.3 + 10000/45000 * 1 + 13800/45000 * 0.8
Portfolio beta = 1.08
