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slavikrds [6]
3 years ago
10

Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 4 hours at $12 per hour. During Febr

uary, Jupiter Co. spent $113,400 for variable overhead. 9,150 labor hours were used to produce 2,400 units. What is the variable overhead efficiency variance
Business
1 answer:
AleksAgata [21]3 years ago
8 0

Answer:

YOUR ANSWER IS GIVEN BELOW:

Explanation:

Variable overhead efficiency variance

= (SLH - ALH) * SR

= (2400*4 - 9150) * 12

= 5400 F

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Under the product liability theory of strict liability as expressed in the Restatement (Second) of torts, what is an essential f
Citrus2011 [14]

Answer:

A). The product  must be unreasonably dangerous.

Explanation:

The 'product liability theory of strict liability' law may consider the manufacturer or retailer liable for injuries caused by the use of their product even if that product has been designed safely for the consumers and it contains a warning label also that clearly states the harm it may cause. But the application of strict liability takes place only on the condition of 'the product being unreasonably dangerous' and the risk of harm(as thought by manufacturer) surpasses the advantages. Thus, <u>option A</u> is the correct answer.

7 0
4 years ago
Suppose the demand function for avocados is Q = 104 - 40p + 20tp + 0.01Y, where p is the price of avocados, pt is the price of t
LiRa [457]

Answer: equilibrium price = 4

Quantity of avocado = 110units

Explanation:

Q = 104 - 40p + 20tp + 0.01Y........eq1

Q = 58 + 15p - 20pf...........eq2

pt = $0.80,

Y = $4,000,

pf = $0.40

From eqn1 substituting of into it

Q = 104 - 40p + 20($0.80) + 0.01($4000)

= 104 - 40p + 16 + 40

= 160/40p

p = 4 equilibrium price

From eqn2. Substituting p and pf into it.

Q = 58 + 15p - 20pf

Q = 58 + 15(4) - 20($0.40).

Q = 58 + 60 - 8

Q = 110 quantity of avocado

8 0
4 years ago
Currently, the price of good W is $50 and the quantity demanded is 35,000 units. In past studies, the price elasticity of demand
Crazy boy [7]

The resulting change in the quantity demanded is a five percent decrease.

<h3>What is the elasticity of demand?</h3>

Elasticity of demand measures the percentage change in quantity demanded in relation to the percentage change in price.

Elasticity of demand = percentage change in quantity demanded /  percentage change in price.

percentage change in price = ($60 / $50) - 1 = 0.2 = 20%

percentage change in quantity demanded = -0.25 x 20% = -5%

To learn more about price elasticity of demand, please check: brainly.com/question/18850846

6 0
3 years ago
A viable business modelMultiple Choice
choli [55]

Answer:

The correct answer is a. sets forth how both strategy and operating approaches will create value for customers and simultaneously generate ample revenues to cover costs to realize a profit.

Explanation:

The concept of business model has changed substantially in recent years, it can no longer be defined as the way a company generates money, or how a person gets customers. Today this concept goes much further and delves into the pure needs of users and customers.

Being close to the customer is how you can create value. Having a very close relationship from the beginning to know what their needs or problems are, listening to them permanently and co-creating with them. And once the product is on the market, feedback should be able to understand the adjustments that must be made until the model with which customers are finding added value is found.

In the ability to be flexible is the success of a business model, so the Canvas Model is highly recommended to find a business model because this methodology allows you to test with nine blocks if you are directing your product to the correct segment or if your proposal Value really fits the needs of your customers.

3 0
3 years ago
Peachtree Company borrows $30,000 from the local bank at 7% interest. The term of the note is five years, and the annual payment
kupik [55]

Answer:

Determine the interest expense Peachtree Company should record in the second year. $ 1734.83

Explanation:

Interest = balance x interest %

              =24783.28*7%

               =1734.83

Due Date" "Payment                Interest Principal Balance

                                      30.000,00

1 1/1/20 7.316,72   2.100,00 5.216,72 24.783,28

2 1/1/21 7.316,72   1.734,83 5.581,89 19.201,39

3 1/1/22 7.316,72   1.344,10 5.972,62 13.228,77

4 1/1/23 7.316,72   926,01 6.390,71 6.838,06

5 1/1/24 7.316,72   478,66 6.838,06 0,00

3 0
3 years ago
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