Answer:
D) $8,200 favorable
Explanation:
Hockey Accessories Corporation manufactured 21,600 duffle bags during March. The following data pertain to March:
Actual Static Budget
Production 21,600 units 22,000 units
Machine hours 1,150 hours 2,200 hours
Fixed overhead costs $ 84,200 $ 92,400
What is the amount of fixed overhead spending variance?
Hockey Accessories Corporation estimated its fixed overhead costs at $92,400, but the actual overhead costs were only $84,200. The difference between estimated and actual costs is $8,200 favorable variance (= $92,400 - $84,200) since the fixed overhead costs were lower than estimated.
Answer:
The correct answer is D. One, what goods and services will be produced? Two, how will the goods and services be produced? Three, who will receive the goods and services produced?
Explanation:
There are two questions in particular that summarize the reason for the economy:
• How do elections determine what, how and for whom goods and services are produced?
• At what point are choices made in pursuit of personal interest promoting social interest?
What, how and for whom?
Goods and services are the objects that people value and produce to meet their needs.
What? It determines the goods and services that are produced as well as the amount that is produced from each good and service.
How? Goods and services are produced using what economists call production factors.
The factors of production are the resources that companies use to produce goods and services. These factors fall into four categories:
• Earth
• Job
• Capital
Answer:
False.
Explanation:
An attractive industry are not one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, low threats from substitute products, and low rivalry among firms.
An industry is defined by a group of firm that produce good and service, which are close subtitute and bargaining power of supplier are not considered as entry barrier to a firm in the open market. Industry with high fixed cost can pose high degree of rivalry among firm.
Answer:
839.216
Explanation:
For we to calculate the total cost, we use the following
Total Cost = Carrying Cost + Stock out Cost
= 0+ $45 x 4 x [.2(100-80)+.2(120-80)+.1(140-80)] = 1368*
Now
Total Cost = Carrying Cost + stock out Cost
Total cost= [10 x 20]+40 x 4 x [.2990-50-20)+.1(110-50-20)]
Total cost = 200-1115.216+4
Total cost = 839.216
Probably something with a huge value
