Answer:
$3,500 Unfavorable
Explanation:
The computation of variable overhead efficiency variance for Clan for November Year 2 is shown below:-
Variable overhead efficiency variance
= (Standard labor hours - actual labor hours) × (Standard variable overhead rate)
= (3,500 × 2 - 7,500) × $7
= (7,000 - 7,500) × $7
= $3,500 Unfavorable
Therefore for computing the Variable overhead efficiency variance we simply applied the above formula.
Answer:
This implies or states to low openness to experience
Explanation:
Low openness to experience, it is related to people who are mostly dedicated to work they do and make sure that their tasks or work through to the end.
So, in this case, Barney, who is the manager is very resistant to adapt the change, very conventional and does not accept the new ideas so easily. This states that the manager, is very low for experiencing the openness or to the new ideas.
Answer:
$1,818,181.81
Explanation:
Data provided:
Amount that will be provided a year = $50,000
Expected rate of return = 2.75%
Now,
The Present value of perpetuity is given as:
Present value of perpetuity = 
on substituting the respective values, we get
Present value of perpetuity = 
or
Present value of perpetuity = $1,818,181.81
Hence,
The amount that must be deposited today to fund this gift is $1,818,181.81
Answer:
a.the price level is higher than expected making production more profitable.
Explanation:
The sticky wages shows that the output increases if the price level is higher because an increase in price level increases the profitability and the increased profitability increases output.
Taxable income, generally speaking, is the gross income of an individual or corporation, less any allowable tax deductions. Your taxable income is, in other words, the amount of your income that is subject to income tax.
