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Molodets [167]
3 years ago
10

Teel Printing uses two measures of activity, press runs, and book set-ups, in the cost formulas in its budgets and performance r

eports. The cost formula for wages and salaries is $7,850 per month plus $402 per press run plus $952 per book set-up. The company expected its activity in July to be 206 press runs and 113 book set-ups, but the actual activity was 203 press runs and 112 book set-ups. The actual cost for wages and salaries in July was $196,180.
The spending variance for wages and salaries in July would be closest to
Business
1 answer:
hoa [83]3 years ago
6 0

Answer:

Spending variance                              $100 unfavorable

Explanation:

The spending variance is the difference between the standard cost allowed for the actual activity and the actual cost of the activity

                                                                                                    $

Standard cost allowed for the actual activity

=7,850 + (402×203) + (952×112)=                                          196,080

Actual cost                                                                                <u>196,180</u>

Spending variance                                                                       <u> 100</u> unfavorable

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The freedom to make your own decisions can be limited if the business you choose is a A. home-based business. B. franchise. C. w
Allisa [31]
The answer is franchise
7 0
2 years ago
Many academic institutions offer a sabbatical policy. Every seventh year a professor is given a year free of teaching and other
Fittoniya [83]

Answer:

$ 127,773.36

Explanation:

The professor will be in sabbatical  in years 7,  14, 21, 28, 35 and 42

In each of these years, he receives full pay amounting to=50,000

The PV of the sabbatical full pay

= \frac{50,000}{1.04^7} + \frac{50,000}{1.04^14} + \frac{50,000}{1.04^21} + \frac{50,000}{1.04^28} + \frac{50,000}{1.04^35} +\frac{50,000}{1.04^42} = 84,101.22

=50,000/(1+4%)^7+ 50,000/(1+4%)^14+ 50,000/(1+4%)^21+ 50,000/(1+4%)^28+50,000

/(1+4%)^35+ 50,000/(1+4%)^42

==50,000/(1+4%)^7+ 50,000/(1+4%)^14+ 50,000/(1+4%)^21+ 50,000/(1+4%)^28+50,000

/(1+4%)^35+ 50,000/(1+4%)^42

= \frac{50,000}{1.316} + \frac{50,000}{1.732} + \frac{50,000}{2.279}  +\frac{50,000}{2.999} +\frac{50,000}{3.946} + \frac{50,000}{5.193}

=37,993.92 + 28,868.36 + 21,939.45 + 16,672.22 + 12,671.06 + 9,628.35

=  $ 127,773.36

Thus, at an interest rate of 4%, the present value of all the sabbatical earnings amount to $ 127,773.36

6 0
3 years ago
A developer builds 100 new homes next to an old grocery store. Which would most certainly result? cross out A) The price of the
kifflom [539]

Answer:

B

Explanation:

As more consumers move in, the demand curve for the store's products would increase (shift to the right) as it is influenced by factors other than price.

While option A could be an eventual outcome, it would only follow an increase in Demand. Note that a change in price would result in movement along the curve.

There is not sufficient information to support Option C

Option D is wrong because higher demand would result in higher revenues, assuming all else remains constant.

3 0
3 years ago
Read 2 more answers
You have decided that you want to be a millionaire when you retire in 45 years.
avanturin [10]

Answer:

for rate 11.2  percent ,principal = 8419.47

for rate 5.6 percent , principal = 86123.90

Explanation:

given data

amount wish A = 1,000,000

time t = 45 year

rate r1  = 11.2 % = 0.112

rate r2 =  5.6 % = 0.056

to find out

how much do you have to invest today

solution

we know here amount formula that is

amount = Principal × ( 1+ r)^{t}   ..........................1

here r is rate and t is time so

for rate r1 principal amount is by equation 1 we get

amount = Principal × ( 1+ r)^{t}  

1,000,000 = Principal × ( 1+ 0.112)^{45}  

principal = 8419.47

and for rate r2 principal is from equation 1

amount = Principal × ( 1+ r)^{t}  

1,000,000 = Principal × ( 1+ 0.056)^{45}  

principal = 86123.90

8 0
3 years ago
Zara’s store managers place orders that reflect their localized needs. However, order fulfillment is ultimately the responsibili
erastova [34]

Answer:

Retail store managers need to serve customers and make sure they’re supporting their sales personnel. They oversee stocking, make sure promotions and signage are current, and schedule employees. With the rise in internet sales, though, that role has gotten more complicated.

Explanation:

8 0
3 years ago
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