1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elena-2011 [213]
3 years ago
8

XYZ Inc.'s cost formula for its supplies cost is $968 per month plus $8 per frame. For the month of November, the company planne

d for activity of 450 frames, but the actual level of activity was 470 frames. The actual supplies cost for the month was $4,200. The spending variance for supplies cost in November would be closest to
Business
1 answer:
zaharov [31]3 years ago
8 0

Answer: $528 favorable

Explanation:

The Spending variance for supplies shoes the difference between what the company thought it would spend on supplies and what it actually spends.

Spending variance on supplies = Actual costs - Budgeted costs

Budgeted cost:

= 968 + 8 * 470 frames

= 968 + 3,760

= $4,728

Spending variance on supplies:

= 4,200 - 4,728

= $528 favorable

<em>Variance is favorable when the Budgeted costs are higher than actual costs. </em>

You might be interested in
The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The
Furkat [3]

The calculated profit per unit for base-case, worst-case is, and best-case for the management of Brinkley corporation is:

  • $7
  • $3 per unit
  • $3 per unit

<h3>The Profit per unit for base-case:</h3>

45 - 1 1- 24 - 3 = $7

<h3>Profit per unit for worst case:</h3>

45 - 12 - 25 - 3 = $3 per unit

<h3>Profit per unit for best case:</h3>

45 - 10 - 20 - 3 = 12$ per unit

b. The mean profit per unit is given as $7.05

c. The reason the simulation approach is preferable is due to the fact that it can help to determine the probability of profit as a particular amount, unlike the what-if scenario analysis.

It can also create different scenarios for possible resources.

d. The probability of the fact that the profit per unit woul  be less than 5 is 9%

Read more on risk analysis here: brainly.com/question/6955504

5 0
2 years ago
The Association of Southeast Asian Nations (ASEAN) effectively united Singapore, Britain, and Japan into one market.
Nezavi [6.7K]

Answer:

False

Explanation:

The Association of Southeast Asian Nations (ASEAN) is a regional economic block made up of 11 southeast Asian countries. The block's primary objectives are to promote economic, cultural, and social integration among the member countries. Members of ASEAN are  Brunei, Burma (Myanmar), Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam.

Singapore, Britain, and Japan are not members of ASEAN.   ASEAN is a regional body and Britain is not is Asian.

3 0
3 years ago
How does regional institutional complexity affect mne internationalization?
Vaselesa [24]
International business research is only beginning to develop theory and evidence highlighting the importance of supranational regional institutions to explain firm internationalization. In this context, we offer new theory and evidence regarding the effect of a region's "institutional complexity" on foreign direct investment decisions by multinational enterprises (MNEs). We define a region's institutional complexity using two components, regional institutional diversity and number of countries. We explore the unique relationships of both components with MNEs' decisions to internationalize into countries within the region. Drawing on semiglobalization and regionalization research and institutional theory, we posit an inverted U-shaped relationship between a region's institutional diversity and MNE internationalization: extremely low or high regional institutional diversity has negative effects on internationalization, but moderate diversity has a positive effect on internationalization. Larger numbers of countries within the region reduces MNE internationalization in a linear fashion. We find support for these predicted relationships in multilevel analyses of 698 Japanese MNEs operating in 49 countries within 9 regions. Regional institutional complexity is both a challenge and an opportunity for MNEs seeking advantages through the aggregation and arbitrage of individual country factors.
3 0
3 years ago
For each of the following sentences, select the phrase or group of words that best completes the statement. Earnings per share D
raketka [301]

Answer:

Note <em>See complete and organized question as attached as picture below</em>

<em />

1. Dividend yield ratio

Correct phrase: Relationship between dividends and the market price of a company's stock.

2. Dividend payout ratio

Correct phrase: Percentage of earnings paid out as dividends.

3. Return on assets ratio

Correct phrase: Measure of a company's success in earning a return for all the providers of the capital.

4. Return on common stockholders' equity ratio

Correct phrase: Measure of a company's success in earning a return for the common stockholders.

8 0
3 years ago
When​ $1 million is deposited at a​ bank, the required reserve ratio is 20​ percent, and the bank chooses not to hold any excess
Jobisdone [24]

Answer:

C

Explanation:

When the bank receives $ 1 million, because of the required reserve ratio, $200,000 would be subtracted ($1,000,000*0,2=$200,000). If the bank chooses not to hold any excess reserves then the remaining amount is $800,000. The bank decides to make a loan with this amount, which means a bank´s customer will receive $800,000. At the moment the customer receives this amount, he or she gets a debt with the bank. In the bank´s balance, there is a increase in assets because the bank will receive this amount of money in the future; the bank´s customer has a legal obligation to pay the debt. Is not a increase in liabilities because the bank has no obligation to pay, conversely, the bank will receive this amount.

4 0
3 years ago
Other questions:
  • Consider the data on expected returns and betas for a variety of assets in the table below. what is the expected return on share
    8·1 answer
  • Autumn, a manager for Shine Cosmetics, has just been given a report showing sales in her region are lower than anticipated for t
    13·1 answer
  • A certain firm believes in providing its employees the best facilities. It decides to serve imported and expensive Colombian cof
    5·1 answer
  • When a temporary negative supply shock hits the economy​ ________.
    5·1 answer
  • What is your intended major? discuss how your interest in the subject developed and describe any experience you have had in the
    14·1 answer
  • "if a price ceiling on physician services is going to be effective, it must be set ______ the competitive market equilibrium pri
    5·1 answer
  • What is the most important external issue when using social media in emergency management?
    11·2 answers
  • Frontier Corp. sells units for $57, has unit variable costs of $29, and fixed costs of $164,000. If Frontier sells 10,000 units,
    11·1 answer
  • A serial process has 4 steps – A (4), B(3), C(3), D(2) – that have to be performed in this order. Numbers in parentheses are the
    10·1 answer
  • What is the term given to a specialized accounting book or computer program in which information is transferred into specific ca
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!