Since 2.5% as a decimal is .025, the equation to get this is:
(.025)(80000)
Once multiplied, these equal 2,000. Or in other words, the Smiths pay $2,000 in school taxes per year.
Assume that the total overhead variance is x
We are given that the total labor variance is twice the total overhead variance. This means that, the total labor variance is 2x
Total variance can be calculated as follows:
Total variance = Total materials variance + Total overhead variance
+ Total labor variance
We have:
Total variance = $35000
Total materials variance = $14000
Total overhead variance = x
Total labor variance = 2x
Substitute in the equation and solve for x as follows:
35000 = 14000 + x + 2x
35000 - 14000 = 3x
21000 = 3x
x = 21000/3
x = 7000
Based on the above calculations:
Total overhead variance = x = $7000
Total labor variance = 2x = 2*7000 = $14000
Answer:
it is B i thinkif im wrong im sorry
Step-by-step explanation:
The answer is principal.
Hope this helped c:
