<span>consume; recession; less; increase; The existing job helped him survive through new job search and avoid the recession effect on him and livelihood. This also has down side as he might be far from getting the new job as he would less motivated because of the existing job. This lack of motivation might waste his time in the job search.</span>
Things that would cause prices to drop would be the quantity if there is more of that thing the price drops or the value of that thing just drops.
Answer:
A. $270,000 gain
B. $240,000 gain
Explanation:
A. Calculation to determine the tax consequences to Oriole Corporation on the distribution of the land
Tax consequences=$520,000 – $250,000
Tax consequences=$270,000 gain
Therefore Oriole will recognize a $270,000 gain on the distribution
B. Calculation to determine the tax consequences to Oriole on the distribution
Tax consequences=$490,000 – $250,000
Tax consequences= $240,000 gain
Therefore Oriole will recognize a gain of $240,000 on the distribution.
Answer:
$750 Unfavorable
Explanation:
The calculation of variable overhead efficiency variance is shown below:-
Variable overhead efficiency variance = (Actual direct labor hours - Standard hours allowed) × (Variable factory overhead ÷ Factory overhead rate)
= (10,000 hours - 9,500 hours) × ($18000 ÷ 12000)
= 500 hours × $1.5
= $750 Unfavorable
Therefore for computing the variable overhead efficiency variance we simply applied the above formula.
