3 years ago

Rent control is a type of what?

1 answer:

4 0

Rent control is a type of price control that limits the amount a landowner can charge for renting out their land, apartments or other real estate.

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St. Augustine Corporation originally budgeted for $360,000 of fixed overhead at 100% of normal production capacity. Production w

Ksju [112]

Answer:

$9,000 unfavorable

Explanation:

The computation of the total fixed overhead variance is shown below:

= Actual fixed overhead costs - Budgeted fixed overhead

where,

Budgeted fixed overhead is $360,000

And, the Actual fixed overhead cost is computed below:

= Actual fixed overhead × Actual production ÷ budgeted production

= $360,000 × 11,700 units ÷ 12,000 units

= $351,000

Now put these values to the above formula

So, the value would equal to

= $351,000 - $360,000

= $9,000 unfavorable

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3 years ago

During the latest month, the company purchased and used 47,000 pounds of direct materials at a price of $1.20 per pound to produ

Nataliya [291]

Answer:

$1400 U

Explanation:

Total direct materials cost variance = (47,000 actual pounds × $1.20 actual cost per pound) − (50,000 standard pounds × $1.10 per pound) = $1,400 unfavorable

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3 years ago

Chair P, from Design Solutions, cost $60 per chair. Chair Q, from Seat Unlimited, costs $90 per chair. An office manager often h

quester [9]

Answer:

$\frac{\$60p+\$90q}{p+q}$

Explanation:

Data provided in the question:

Cost of chair P = $60

Cost of chair Q = $90

Number of chair P ordered = p

Number of chair Q ordered = q

Now,

Total number of chairs ordered

= Number of chair P ordered + Number of chair Q ordered

= p + q

Total cost of chairs ordered = $60p + $90q

Therefore,

Average cost of a chair

= [Total cost of chairs ordered ] ÷ [Total number of chairs ordered]

= $\frac{\$60p+\$90q}{p+q}$

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3 years ago

Suppose that you have found the optimal risky combination using all risky assets available in the economy, and that this optimal

kiruha [24]

Answer:

Explanation:

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2 years ago

Whether a business makes a profit or loss is determined by the difference between the total amount of money a business takes in,

elena55 [62]

Answer:

Revenue/Income; Expenses

Explanation:

Profit or Loss is determined as the difference between the revenue made by a business (also known as its income), and the expenses spent in the process of generating that revenue.

$Profit/Loss = Revenue - Expenses$

If the difference is positive, the outcome is a profit. If the difference is negative, the outcome is a loss.

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3 years ago