The difference between the standard cost of a product and its actual cost is called a cost variance. Therefore the statement is true.
<h3>What is the objective of variance?</h3>
Changing across all of the pieces of information in a data set, variance is a measurement of distribution. It enables us to estimate how far away a set of factors are from each other.
To describe the variation or difference between the standard cost of a product and its actual cost the use of cost variance is done. It is utilized to estimate the financial performance of any project.
Therefore, the statement is True.
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The set of processes used to get members of an organization to work together to further the interest of the organization is called organizational goals.
The company typically starts out by doing a SWOT (strengths, weakness, opportunities, threats) analysis to determine what is most important for the company to proceed with and prioritize. They then determine what is expected of members of the organization to accurately complete their goals.
Answer:
The monthly payment necessary for John to pay for his purchases is $88.4 per month
Explanation:
Fixed Installment payment for a fixed period period of time with a specified interest rate is the type of annuity.
According to given data
Present value of appliance= PV = $1,200
Numbers of Payments = n = 18 months
Interest rate = r = 24% annually = 2% monthly
Value on October 1, 2018 = 1200 x ( 1 + 2%)^6-1 = 1,325
Monthly payment can be calculated by using following fomula
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
$1,325 = P x [ ( 1- ( 1+ 2% )^-18 ) / 2% ]
$1,325 = P x [ ( 1- ( 1+ 0.02 )^-18 ) / 0.02 ]
$1,325 = P x [ ( 1- ( 1.02 )^-18 ) / 0.02 ]
$1,325 = P x [ ( 1- ( 1.02 )^-18 ) / 0.02 ]
$1,325 = P x 14.992
P = $1,325 / 14.992
P = $88.4
Answer:
Explanation:
Let x is number of books (x ≥0)
Let y is the number of DBA (y≥0)
Given that PB = $20 and PD = $40 and consumer has $200 per month, so we can form the inequalities:
200 ≥ 20x+ 40y
So we have a system of inequalities is:
Please have a look at the attached photo, the right triangle are possible solution for the system.
Hope it will find you well
She is permitted, according to the applicable tax legislation, to donate $30 000.
This is further explained below.
<h3>How much can Sue's mother give under current tax laws?</h3>
In most cases, Sue's mother is able to pay Ken the first fifteen thousand dollars and then proceed to give Sue the remaining fifteen thousand dollars. Because Sue's mother gave this to her, there will be no tax placed on it because it is considered a gift.
The act or process of passing tax laws, as well as the body of laws that allow for the levying of taxes and the administration of taxes, are together referred to as tax legislation.
Any object or document that is verifiable and that is frequently accepted as payment for goods and services as well as the repayment of obligations, such as taxes, in a given nation or socio-economic setting is considered to be money in that nation.
In conclusion, Sue's mother and father could give Ken and Sue a gift of $15,000 each, bringing the total amount of money they give to each of them to a grand total of $60,000 each.
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