Answer:
The correct option is D,$20,000 unfavorable
Explanation:
In the first place, it is noteworthy that fixed overhead flexible budget variance is the between the budgeted overhead cost and the actual fixed overhead incurred.
When actual fixed cost overhead is lower than budgeted,the resultant effect is a favorable variance,where the reverse is the case when the budgeted fixed overhead cost is higher as is the case here.
budgeted fixed overhead costs $200,000
Actual fixed overhead costs ($220,000)
fixed overhead flexible budget variance ($20,000) unfavorable
Answer:
Manufacturing and Merchandising businesses
Explanation:
The type of Business needed to make the product is known as MANUFACTURING business. This business buys raw materials and refined them into products that later sell in bulk to wholesalers.
On the other hand, Merchandising business is a form of business that involves buying refined products at wholesale price and then sell to the final consumers.
Hence, in this case, then Greece answer is MANUFACTURING and MERCHANDIZING Business.
Answer:
The answer is b. Up to $4 million.
Explanation:
It is critical to recognize that $3 million already spent on developing the product is the sunk cost, which is irrelevant cost that should not be included in the budget further spend for the new product.
As the new product is expected to generate a revenues of $4 million, the further cost should be spent on the new product development should not be exceeded the $4 million.
Thus, the answer is b. Up to $4 million is the correct choice.
Answer:
The correct answer is letter "C": the marginal cost and marginal benefit of the policies.
Explanation:
The Economic Perspective is a concept that involves making decisions based on the marginal costs and benefits they could carry. Those decisions must be taken because of the basic economic problem of scarcity by which people have unlimited desires but only finite sources to fulfill them.
Answer:
C. 534 units
Explanation:
The formula to compute the break-even point is shown below:
= (Fixed cost) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $3 - $0.75
= $2.25
So, the break-even point would be
= $1,201 ÷ $2.25 per unit
= 534 units
Simply we divide the fixed cost by the contribution margin per unit so that the accurate units can come.
