Answer:
$15,200 favorable
Explanation:
The formula to compute the variable overhead efficiency variance is shown below:
= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour
where,
Actual direct labor hours is 3,800 hours
And, the standard direct labor hours equal to
= 800 units × 3.5
= 2,800 hours
Standard variable overhead rate $ 15.20 per hour
Now put these values to the above formula
So, the value would equal to
= (3,800 hours - 2,800 hours) × $15.20
= $15,200 favorable
Answer: Option (C) is correct.
Explanation:
In a competitive market conditions, there are large number of buyers and sellers. All the firms in this market condition are selling identical products or we can say that all the goods are perfect substitutes.
Suppose if the firms earning negative economic profit then they continue to operate until the price of their goods is greater than the average variable cost and they shut down their production if the price of their goods is lower than the average variable cost.
A firm can experience normal profit, loss or supernormal in the short run.
But competitive firms cannot decreases their output to minimizes their losses.
<span>A trend extrapolation is detecting faulty underlying assumptions before forecasting errors can occur. This is to allow forecasters to place a trend that is evident over time, and then calculate it forward base on the calculated data relating rates of change. An example is detecting the climate of the day. Forecasting it is not easy since analysts have to extrapolate the past data to predict the future event. </span>
When one is considering the allocation of their assets as well as how to diversify them, they don't consider <u>A. Real estate holdings. </u>
Diversification involves:
- Investing in non-similar assets.
- Investing in a wide array of different assets to reduce risk.
When thinking about diversifying your assets, one doe not have to think about the number of real estate holdings they already hold as there are other assets to invest in.
In conclusion, option A is correct.
Find out more about diversification at brainly.com/question/14081320.
Answer: Information and Intelligence Management
Explanation: