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olya-2409 [2.1K]
3 years ago
9

Teel Printing uses two measures of activity, press runs and book set-ups, in the cost formulas in its budgets and performance re

ports. The cost formula for wages and salaries is $4,200 per month plus $403 per press run plus $953 per book set-up. The company expected its activity in July to be 221 press runs and 128 book set-ups, but the actual activity was 218 press runs and 127 book set-ups. The actual cost for wages and salaries in July was $214,180.
The spending variance for wages and salaries in July would be closest to:

Multiple Choice

$1,067 U

$1,095 U

$1,067 F

$1,095 F
Business
1 answer:
sdas [7]3 years ago
6 0

Answer:

$1067 F

Explanation:

The spending variance for wages and salaries in July would be closest to $1067 F

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Mountain Ski Corp. was set up to take large risks and is willing to take the greatest risk possible. Lakeway Train Co. is more t
SpyIntel [72]

Answer:

a-1)

- Project A = 0.70

- Project B = 0.64

- Project C = 0.81

- Project D = 1.29

a-2) Mountain Ski Corp. should choose projects D and C

b) Lakeway Train Co. should choose project B

Explanation:

It’s needed to calculate the coefficient of variation for each project

Formula:  CV=σ/μ

Where:  

σ = standard deviation

μ = mean

The coefficient of variation (CV) is a ratio that compares the standard deviation with the mean of a project`s return, indicating the volatility and risk of it. The lower its value the better risk-return trade-off. So, a company set up to take large risks such as Mountain Ski Corp. would choose projects with high CV (Projects D and C), and a risk-averse company such as Lakeway Train Co. would choose projects with low CV (Project B).

5 0
3 years ago
Tax breaks, loans, and guaranteed high prices are examples of what type of protectionism?
timurjin [86]

Tax breaks, loans, and guaranteed high prices are examples of subsidies protectionism.

<u>What is Protectionism?</u>

Protectionism refers to government policies that help to boost domestic industries while restricting international trade. The objective of protectionist policies is usually to improve the economic conditions within a domestic economy. The protectionist policies can also be implemented for improving the quality of products or safety concerns. There are different protectionist policies and tools that a government can use to implement and improve economic activity such as tariffs, product standards, import quotas, and subsidies.

Therefore, tax breaks, guaranteed high prices, and loans are examples of subsidies protectionism.

You can learn more about Protectionism at brainly.com/question/28161107

#SPJ4

4 0
2 years ago
The social cost of a transaction is _________.
dolphi86 [110]

Answer:

The correct answer is letter "C": the sum of private and external costs.

Explanation:

<em>Neoclassical economics</em> -based on supply and demand as market drivers- define the social costs of transactions as the sum of private costs inherent in the operation and the costs consumers set because of being exposed to the transaction or the external costs. This cost differs from the <em>private costs</em> which are the expenditures a producer incurs in the production of a good or service.

5 0
4 years ago
Read 2 more answers
On January 15, the end of the first biweekly pay period of the year, North Company’s payroll register showed that its employees
vodomira [7]

Answer:

The Journal entry is as follows:

Sales salary expense A/c          Dr.  $35,000

To FICA social security tax                               $2,170

To FICA medicare tax                                        $507.50

To federal income tax                                        $6,500

To medical insurance deduction                        $772.50

To union dues                                                      $120

To sales salaries payable                                    $24,930

(To record the employee payroll for the period)

Notes:

FICA social security tax  = $35,000 × 6.2%

                                        = $2,170

FICA medicare tax  = $35,000 × 1.45%

                                 = $507.50

4 0
3 years ago
Cuántas articulaciones tienen los dedos de una mano<br>​
Leto [7]

Answer:

14 si no estoy mal creo que es 14

8 0
3 years ago
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