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Kaylis [27]
4 years ago
15

Stone Industries uses flexible budgets. At normal capacity of 16,000 units, budgeted manufacturing overhead is: $48,000 variable

and $270,000 fixed. If Stone had actual overhead costs of $321,000 for 18,000 units produced, what is the difference between actual and budgeted costs?
Business
1 answer:
Fiesta28 [93]4 years ago
3 0

Answer:

$3,000 favorable

Explanation:

The computation of actual and budgeted costs is shown below:-

                    Budgeted                                     Actual

                    (18,000 units)                             (18,000 units)

Variable        $54,000

                    ($48,000 ÷ $16,000) × $18,000

Fixed            $270,000

Total              $324,000                                   $321,000

Therefore, Actual cost is less than Budgeted, so the difference between actual and budgeted costs is $3,000 is favorable.

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Support functions manage and improve the efficiency of an organization's conversion processes so that more value is created.
HACTEHA [7]

Answer:

a) true

Explanation:

Support Function include Information Technology, Human Resources, Finance and Marketing. These are there to ensure that conversion process is efficient by providing support services such as sourcing of talent, fund management, communication.

3 0
3 years ago
Based on the scenario, who is most affected by the situation taking place within Country D? the government of Country D the work
Alexeev081 [22]

Answer:

the government, workers, and businesses of Country D

Explanation:

This reading describes a high inflation scenario where the general prices of goods and services is increasing more rapidly than household income. The problem with high inflation is that it reduces overall demand, which in turn lowers the entire GDP since consumption is by far the largest component of the GDP (in every single country, including D).

Once consumption starts to fall, a domino effect takes place and the businesses are negatively affected, and they are forced to lay off workers, and the government is also affected because their revenue decreases and their spending increases.

3 0
3 years ago
According to equity theory, employees tend to experience anger or frustration when they perceive _________.
gregori [183]

According to equity theory, employees tend to experience anger or frustration when they perceive being<u> </u><u>under-rewarded</u>.

Fairness theory is an idea of motivation that suggests that employee motivation at paintings is driven in large part by their feel of equity. Employees create an intellectual ledger of the inputs and consequences of their activity after which use this ledger to evaluate the ratio of their inputs and outputs to others.

The equity idea focuses on figuring out whether or not the distribution of sources is honest to each relational companion. equity is measured by way of evaluating the ratio of contributions and benefits for everybody.

The fairness principle is in play when people say such things as: “Andy earns more than I do, but doesn't do almost as a lot of work!” “I am getting paid a lot much less than Andy, but this region would disintegrate without me!”

Learn more about equity theory here brainly.com/question/14639287

#SPJ4

7 0
2 years ago
Abigail is the owner of a tract of land, but Umberto owns the mineral and excavation rights to that land. Umberto commences exca
Andrej [43]

Answer:

A, absolutely liable for any collapse.

Explanation:

In the cause of excavation of mineral resources on the land Umberto has mineral and excavation rights for, the surface of the land collapses.  This makes Umberto liable for the collapse of the surface of the land and Abigail can have a case against him for destruction of property.

Cheers.

5 0
3 years ago
Read 2 more answers
Which of the following statements is CORRECT? a. As a rule, the optimal capital structure is found by determining the debt-equit
givi [52]

Answer:

e. The optimal capital structure simultaneously maximizes stock price and minimizes the WACC.

Explanation:

The optimal capital structure involves the combination of both debt and equity where debt is a type of loan which is needed to pay back in some years while the equity represents the ownership of the shareholder in the organization

So here the optimal capital structure represents the maximum stock price that minimizes the weighted average cost of capital

hence, the correct option is d.

4 0
4 years ago
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