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riadik2000 [5.3K]
3 years ago
12

The variable overhead efficiency variance measures the difference between the actual level of activity and the standard activity

allowed for the actual output, multiplied by the fixed part of the predetermined overhead rate.
a. True
b. False
Business
1 answer:
QveST [7]3 years ago
7 0

Answer: A. True

Explanation:

The variable overhead efficiency variance is the difference between the actual and budgeted hours worked, which are then applied to the standard variable overhead rate per hour

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Cynthia​ Knott's oyster bar buys fresh Louisiana oysters for ​$3 per pound and sells them for ​$8 per pound. Any oysters not sol
iragen [17]

Answer:

111 pounds

Explanation:

The number of pounds Cynthia should order each day can be calculated as follows

Calculation

Standard deviation = 20

Mean = 100

Cost of actual utilization = 8-3 = 5

Cost of Under utilization = 4-2 = 2

Probability of sale = Co/(Cu+Co)

Probability of sale = 5/(5+2)

Probability of sale =0.714

Z score at above probability = z = 0.57

hence cynthia should order= mean+z*standard deviation

Order = 100+0.57*20

Order = 111.4 or 111 pounds

3 0
3 years ago
Inspection costs at one of Ratulowski Corporation's factories are listed below: Units Produced Inspection Costs April 906 $ 16,3
-Dominant- [34]

Answer:

$7,816.9943

Explanation:

Using the high-low method;variable cost per unit=[Total cost at highest level-Total cost at lowest level]/(Highest level-Lowest level)

= $16,700 - $15,850 / 951 - 860

= $850 / 91

= $9.340659340659341

= $9.3407

Hence, total fixed cost = $16,700 - ($9.3407*951) = $16,700 - $8,883.0057 = $7,816.9943

7 0
3 years ago
A project professional has just been assigned manager of a project to develop a new advertising campaign for an established prod
german

Answer:

<u>Establish project priorities</u>

Explanation:

<em>Remember</em>, we are told the project professional has been assigned to manage a project, therefore going by the guiding steps when defining a project, the next and second step he should take is to establish project priorities.

In other words, he should draft out what tasks should be done first, those for later, and so forth in other to successfully achieve/finish the project's objective.

4 0
3 years ago
A(n) _________ is a yearly published statement of the financial condition, progress and expectations of an organization.
Anika [276]

Answer: Annual Report

Explanation:

Completing the question with right answer:

An annual report is a yearly published statement of the financial condition, progress and expectations of an organization.

The financial report is normally targeted at the stakeholders and other individuals who have interest in the organization.

4 0
3 years ago
Your Group has just been stranded in the wilderness in the middle of a snowstorm in mid-January. You are dressed for the winter,
Salsk061 [2.6K]

Answer:

You will need:

knife

Lighter

Rope

Map

Warm clothes

4 0
3 years ago
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