One of the first technologies to truly revolutionize the business use of information was a stone tablet. FALSE.
Answer: One of the first echnologies to truly revolutionize the business use of information were paper and the printing press.
When these developments came about, they made it easier for communication to be shared between businesses, cities, and the economy. Allowing for paper and the printing press increased communication and made room for new jobs. As they grew and expanded, new people were hired which helped the economy get a boost of new funds.
Answer:
Explanation:
1. Calculate the efficiency variance for variable overhead setup costs.
This will be calculated as:
= Standard Hours - Actual Hours) × Standard rate
= (15000/225 × 5.25 - 15000/250 × 5) × 38
= (350 - 300) × 38
= 50 × 38
= 1900 Favourable
2) Calculate the rate variance for variable overhead setup costs.
This will be:
= Standard rate- Actual rate) × Actual Hour
= (38-40) × (15000/250 × 5)
= -2 × 300
= -600 Unfavourable
3) Calculate the flexible-budget spending variance for variable overhead setup costs.
This will be the difference between the standard cost and the actual cost. This will be:
= (15000/225×5.25 ×38) - (15000/250×5 ×40)
= 13300 - 12000
= 1300 Favourable
4) Calculate the spending variance for fixed setup overhead costs.
what formular did you use.
This will be:
= Standard Cost - Actual Cost
= 9975-12000
= -2025 Unfavorable
Answer:
a floating exchange rate, based on market forces of supply and demand.
Explanation:
Where the exchange rate is floating (as are all major currencies in the world), this will be determined by market forces - this includes supply and demand. As in any other market, the rate will change constantly to show how much of the currency is being traded.
Answer:
False
Explanation:
Perishable goods need to have fewer days of supply owing to their nature, as high days of supply might caause more spoilage and lead to higher inventory cost.
