Answer:
See below
Explanation:
With regards to the above, Green's variable overhead spending variance is computed as
= Flexible budget - Actual variable overhead.
Given that
Flexible budget in variable overhead = $176,000
Actual variable overhead = $100,000
Therefore,
Variable overhead spending variance
= $176,000 - $100,000
= $76,000 F
Answer: Option C
Explanation:
The human resource of any company is the most valuable resource as the use of all other resources are dependent on it.
In the given case, the company have acquired a lot of assets over the years, that means the company do not lack in technology and physical resources like machinery etc.
Now the company can gain a competitive advantage by using the expertise of their employees in usage of the assets acquired.
Hence from the above we can conclude that the correct option is C .
<u>Explanation</u>:
Even though a <u>monopolist</u> usually controls the market price of the commodity it may not be producing more because a monopolist overall goal is to achieve profit maximization.
However, producing more output would not be in their best interest despite been the market maker because it will decrease the price of the goods in the market due to over supply, leading to lower profit for them.
Answer:
The fixed overhead cost that can be eliminated if the bowls are purchased from an outside supplier is a relevant cost. The variable selling cost of the snack is also a relevant cost.
The correct answer is A
Explanation:
Relevant costs are costs that relate to future decisions. All variable costs are relevant for decision-making. Eliminated fixed overhead are also relevant for decision-making.
