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Answer:
This practice is called JAMMING.The answer is D.
Explanation:
Answer:
the amount available is $160,463
Explanation:
The computation of the amount available for the daughter's college expenses on her 18th birthday is shown below:
= First deposit × ((1 + rate of interest)^number of years - (1 + growth rate)^number of years) ÷ (rate of interest - growth rate)
= $2,400 × ((1 + 0.09)^18 - (1 + 0.07)^18) ÷ (0.09 - 0.07)
= $160,463
hence, the amount available is $160,463
Answer:
In the given case we need to tell the most correct option for the statements:
For Statement 1 = F Joint cost
Whenever two or more products are produced in the process by default without separation it is called joint cost.
For Statement 2 = B. Opportunity Cost
Opportunity Cost is not a cost and is the value of revenue forgone, for choosing the current opportunity.
For Statement 3 = C. Relevant Information
This refers to the future data as it is relevant for decision making, and will differ for each alternative.
For statement 4 = G. Sunk Cost
Sunk Cost is the cost which has already been incurred in the past and cannot be changed, or its impact will be same in no manner it can be avoided.
For Statement 5 = A. Target Full Product Costs
Under Target Full Product Cost the cost of a product from its very initial stage to the stage until its sold is calculated and called as target cost to be achieved.
Solution:
Manufacturing overhead expense volatility will be determined by subtracting the overhead cost of output from the total overhead cost of production according to the adjustable budget.
(Manufacturing overhead cost as per flexible budget) =
(Actual units x Variable manufacturing overhead per unit +Fixed manufacturing overhead )
= (5,050 x $1.30)+ $41,500 = $48,065
Actual manufacturing overhead cost = $47,905
Therefore, Manufacturing overhead spending variance
= $48,065 - $47,905 = $160
The deviation is positive as the real expense is smaller than the adjustable cost of the program.