Answer:
Volume Variance= $ 20,000 Unfavorable
Explanation:
The Volume Variance is the difference between actual production (AP) and budgeted production (BP) for a period multiplied by the standard fixed overhead rate (SR)
Volume Variance= (AP-BP) *SR = (47500- 50,000)* 400,000/50,000=
= 2,500 * 8= $ 20,000 Unfavorable
Whenever actual production is less than the budgeted production the fixed overhead charged to production is less than the budgeted cost the volume variance is adverse.
Answer:
Please be clear so I can answer your question. Thank you.
Answer:
4.77 × 10^-4
Explanation:
Given that
Population of the city of Atlantis on March 30, 2003 = 193,000
No. of new active cases of TB occurring between January 1 and June 30, 2003 = 92
No. of active TB cases according to the city register on June 30, 2003 = 338
So, the incident rate of active cases is shown below:
= (No. of new active cases of TB occurring between January 1 and June 30, 2003) ÷ (Population of the city of Atlantis on March 30, 2003 - No. of active TB cases according to the city register on June 30, 2003)
= (92) ÷ (193,000 - 338)
= (92) ÷ (192,662)
= 4.77 × 10^-4
Answer:
There is no correct answer is these options. But the correct answer is $113.41
Explanation:
The formula to solve this is:
Po = D1/r - g
Po is the Current price of the common stock
D1 is the future dividend payment
r is the rate of return
g is the growth rate.
This is quite different from the usual(single stage). This is Two-stage Dividend Discount Model. To solve this;
D1(Dividend in year 1) is $3.15( $2.42 x 1.3)
D2(Dividend in year 2) is $3.78(3.15 x 1.2)
D3(Dividend in year 3) is $4.15($3.78 x 1.1)
D in subsequent years is $4.36(4.15 x 1.05)
P3(price of stock in year 3) = $4.36/0.083 - 0.05
=$132.12
Now the stock's current market value is
$3.15/1.08 + $3.78/1.08^2 + $4.15/1.08^3 + $132.12^3
The price of the stock is $113.41
Answer:
D. the interest rate banks charge each other for overnight loans.
Explanation:
The Federal reserve requires banks to maintain a certain minimum amount on their local Federal bank account or in their vaults each night. The remaining amount can be lent out to the public or to other commercial banks. However, if a bank is running short of funds at the end of the day, they can borrow from another bank at the overnight federal fund rate before the business opens the next day.
