Answer:
Variable overhead efficiency variance= $46 favorable
Explanation:
Giving the following information:
Variable manufacturing overhead 0.30 hours $2.30 per hour
$46 Actual output 8,000 units Actual direct labor-hours 2,380 hours
<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Standard quantity= 0.3*8,000= 2,400 hours
Variable overhead efficiency variance= (2,400 - 2,380)*2.3
Variable overhead efficiency variance= $46 favorable
Answer:
The correct statement is: "The fixed cost per unit will decrease when volume increases."
Explanation:
Total fixed costs remain the same within a relevant range, but the <em>fixed cost per unit</em> decreases as production increases, because the same fixed costs are spread over more units produced.
Answer:
<h2>According to a survey of rapid growth firms conducted by the Small Business & Entrepreneurship Council and the Financial Services Roundtable, <u>32.9</u> percent of all U.S. exports are accounted for by small businesses.</h2>
Explanation:
Based on the data or information provided by the Small Business and Entrepreneurship Council and the Financial Services Roundatble,almost nearly 32.9 percent of the total U.S. exports are accounted for by small businesses.In this regard,a staggering 94.3 percent of the small and medium scale enterprises comprised of all the export companies in US in 2015.The small businesses also comprised of nearly 96.4 percent of the total manufacturing export with a contribution of almost 20.3 percent of the overall share of manufacturing sector in export in the country during the same time period.
Answer:
A
Explanation:
A court-ordered action that directs parties to do or not to do something