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Yuliya22 [10]
3 years ago
15

eall Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard mach

ine-hours (MHs). The company has provided the following data for the most recent month: Budgeted level of activity 10,500 MHs Actual level of activity 10,600 MHs Standard variable manufacturing overhead rate $ 7.70 per MH Budgeted fixed manufacturing overhead cost $ 70,000 Actual total variable manufacturing overhead $ 71,600 Actual total fixed manufacturing overhead $ 76,000 What was the fixed manufacturing overhead budget variance for the month
Business
1 answer:
Paladinen [302]3 years ago
4 0

Answer:

$6,000 unfavorable

Explanation:

The fixed manufacturing overhead budget for the month is the difference between budgeted fixed manufacturing overhead cost minus actual fixed manufacturing overhead cost represented below;

Fixed manufacturing overhead budget = Budgeted fixed manufacturing overhead cost - Actual fixed manufacturing overhead cost

= $70,000 - $76,000

= $6,000 unfavorable

It is unfavorable since the actual overhead cost expended is more than the budgeted cost.

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Explain why supply and price are positively related
pishuonlain [190]

Answer:

see below

Explanation:

A positive correlation signifies that an increase in one variable results in the other variable moving in the same direction. Because supply and price are positively correlated, a price increase will increases supply. The opposite is also true.

Suppliers are business people whose main objective is to make profits. Higher prices give higher margins. Suppliers make higher profits when prices are high. The possibility of making higher profits motivates suppliers to increase supplies to the market. On the other hand, low prices may result in losses. When prices are low, supplies will shy away from the market to avoid making losses.

6 0
2 years ago
A concentration ratio indicates the:
MaRussiya [10]

Answer:

The correct answer is letter "A": number of firms in an industry.

Explanation:

A concentration ratio measures the number of competitors within the same industry. The lowest concentration ratio of a firm, it represents there are more market rivals. The highest the concentration ratio, the lower the number of competitors of the firm. The ratio is expressed in percentage terms. A firm having a 100% concentration ratio is a monopoly.

8 0
3 years ago
PLEASE HELP I'M IN A BIG RUSH
UkoKoshka [18]

Answer:The answer is A

Explanation:The one that is not commonly contacted by Typical investors to purchase stocks or bonds are : REALTORS

The investors will approach realtors if they want to invest their equity on properties such as land, houses , or apartment 

8 0
3 years ago
Match each type of tariff with an example of its use.
Anna35 [415]

a. revenue tariff----------------a 6% tariff on oranges to provide money for the government.


Revenue tariff alludes to a set of rates planned for expanding public revenue. It can likewise be said as a tax exacted on import and fare to fund-raise for the government. Revenue tariff is any schedule or arrangement of rates or changes that are proposed to create income for the government.  

b. protective tariff---------a 50% tariff on oranges to shield domestic orange growers from international competition.


Protective tariffs are tariffs that are established with the point of ensuring a domestic industry. Tariffs are likewise forced keeping in mind the end goal to raise government income, or to decrease a bothersome action. In spite of the fact that a tariff can all the while secure household industry and procure government income, the objectives of assurance and income augmentation recommend distinctive duty rates, involving a trade off between the two points.  

c. retaliatory tariff-----------a 200% tariff on oranges to reply to a high tariff imposed by another country.


Retaliatory tariff refers to a tariff imposed as a methods for constraining a foreign government and expected to urge the give of correspondence benefits.  

Retaliatory tariff is a tariff imposed to pressure another nation into evacuating its own tariffs or making exchange concessions.

6 0
3 years ago
The worker-misperception explanation of the SRAS curve is used to explain why a. SRAS curves shift to the left b. the SRAS curve
8090 [49]

The SRAS curve slopes upward.

  • We can understand how each firm in an economy reacts to price stickiness using the short-run aggregate supply curve (SRAS). The SRAS curve will have an upward slope when prices are stable. According to the SRAS curve, more output results from higher price levels.
  • The SRAS curve will move to the left as the cost of such inputs rises, signaling that, at each level of output price, greater input costs will discourage production because they will make it more difficult to turn a profit.
  • The SRAS curve moves to the right as productivity increases because more productive businesses can generate more output at all pricing points.

Thus this is the answer.

To learn more about SRAS curve, refer:brainly.com/question/26875448

#SPJ4

8 0
2 years ago
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