Answer:
Activity Variance= $ 58,590 Adverse
Explanation:
<em>The overhead activity variance is the difference between the actual manufacturing overheads and the standard cost of the actual machine hours </em>.
$
7,750 hours should have cost ( 7,750× $50) 387,500
Actual manufacturing overheads <u>446,090</u>
Activity Variance <u> 58,590 Adverse</u>
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Answer:
False
Explanation:
Financial freedom is when an individual can make decisions concerning finances without having to think about the implications of the decisions because the individual is financially prepared.
Financial freedom means that an individual controls his/her financaes and not the other way around.
So owing family members only doesn't is not financial freedom but instead, not owing at all is financial freedom. This is simply because, you have to make your financial decisons with respect to the fact that there is debt to be paid. This means you have a clause or constraint in your financial decisons and thus shows no freedom.
Cheers.
Answer:
ROI=10%
ROIC=0.83
Explanation:
Net Income = $26,000
Interest expense = $6,000
Tax rate = 45%
Payable = $23,000
Long-term debt = $70,000
Common equity = $260,000
1. ROE = Net Income / Common equity
= 26,000 / 260,000
=0.1
=10%
2. ROIC = EBIT * (1-Tax rate) / Invested capital
EBIT = Net Income before tax + Interest
Net Income before tax = (Net income * 100) / (100-Tax rate)
Net Income before tax = 26000 * 100 / 100-45
=2600000 / 55
Net Income before tax = 47272.72
EBIT = 47272.72 + 6,000
=53272.72
Invested Capital = Note payable + Long term debt.+ Common Equity
=23000 +70000 +260000
=$353,000
Therefore ROIC = EBIT * (1-Tax rate) / Invested capital
ROIC= 53272.72 * (1-0.45) / 353,000
=53272.72*0.55 / 353,000
=292299.996/353,000
=0.8280
=0.83
ROIC= 0.83
Answer:
a. 5X1 + X 2 ≥ 0
Explanation:
Product 2 = X2
Product 1 = X1
Mass in kg of product (X1) = 5
Mass in kg of product (X2) ≥ 1 (atleast 1 kg)
Combining these Constraint :
For every 5kg of X1 ; X2 ≥ = 1
Hence ;
5X1 + X2 ≥ 0