Most economists say a little inflation is healthy for an economy.

At the beginning of the year, Smith, INc., budgeted the following: Units: 10,000 Sales: $100,000 Total variable expenses: $ 60,0

kvv77 [185]

Answer:

Actual units produced: 9,500

Explanation:

actual units x overhead rate - actual factory overhead = underapplied

the underapplied overhead means the actual overhead was greater than applied overhead so we can build the formula as follow:

actual units x r - 39,500 = -1,500

We need to calculate the rate for overhead:

on the budget total overhead:

10,000 fixed + 30,000 variable = 50,000

and units are 10,000

so rate = 40,000 / 10,000 = 4

Now we return to the formula:

actual units x 4 - 39,500 = -1,500

actual units = (39,500 - 1,500 ) / 4

actual units = 38,000 / 4 = 9,500

5 0

3 years ago

The financial reporting (disclosure) system is based on the electronic data tagging language called

dangina [55]

Answer: eXtensible business reporting language (XBRL)

Explanation:

The financial reporting (disclosure) system that is based on the electronic data tagging language is referred to as the eXtensible business reporting language (XBRL).

XBRL is freely available and a global framework that is used for the exchange of business information and it also allows expression of semantics which is required in reporting of business.

4 0

3 years ago

Willingness to pay Group of answer choices measures the value that a buyer places on a good. is the amount a seller actually rec

gtnhenbr [62]

Answer:

measures the value that a buyer places on a good.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

Willingness to pay measures the value that a buyer places on a good or product. Thus, when this value is high, the customer would ultimately buy a product and vice-versa.

5 0

3 years ago

What is network architecture?

Varvara68 [4.7K]

Answer:

Network architecture refers to the layout of the network, consisting of the hardware, software, connectivity, communication protocols, and mode of transmission (i,e. wired or wireless). This FAQ will introduce you to the concept.

I hope this answer helps you>>>>

4 0

3 years ago

Project managers should wait to give feedback to the project team and team members until the project has been completed. Giving

xeze [42]

Answer:

False

Explanation:

Employees are so eager to learn about a potential raise that they tend to tune out constructive feedback. This action will help the whole team to fix their backwards at once and in time to have a better rusult rather than waiting unitl e project has been completed. At that time, it is too late for improvements.

5 0

4 years ago