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svlad2 [7]
3 years ago
10

Approach Company, which applies overhead to production on the basis of machine hours, reported the following data for the period

just ended: Actual units produced: 14,800 Actual fixed overhead incurred: $791,000 Standard fixed overhead rate: $13 per hour Budgeted fixed overhead: $780,000 Planned level of machine-hour activity: 60,000 If Approach estimates four hours to manufacture a completed unit, the company's fixed-overhead volume variance would be: Multiple Choice $10,400 negative. $10,400 positive. $11,000 negative. $11,000 positive. None of the answers is correct.
Business
1 answer:
FinnZ [79.3K]3 years ago
4 0

Answer:

$11,000 unfavorable

Explanation:

Calculation to determine the company's fixed-overhead volume variance would be:

Actual fixed overhead incurred ($791,000)

Less Budgeted fixed overhead ($780,000)

Fixed-overhead volume variance $11,000 unfavorable

Therefore the company's fixed-overhead volume variance would be: $11,000 unfavorable

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djyliett [7]
Predator, because thats pretty much all we do.
7 0
3 years ago
You plan to invest some money in a bank account. Which of the following banks provides you with the highest effective rate of in
Lubov Fominskaja [6]

Answer:

Option (d) , Bank 4 offers the highest amount after a year

Explanation:

The total amount from each of the interest rates can be expressed as;

A=P(1+r/n)^nt

where;

A=Future value of investment

P=Initial value of investment

r=Annual interest rate

n=Number of times the interest is compounded annually

t=number of years of the investment

a). Bank 1

P=x

r=6.1%=6.1/100=0.061

n=1

t=assume number of years=1

replacing;

A=x(1+0.061/1)^(1×1)

A=x(1.061)

A=1.061 x

b). Bank 2

P=x

r=6%=6/100=0.06

n=12

t=1

Replacing;

A=x(1+0.06/12)^(12×1)

A=x(1.005)^12

A=1.0617 x

c). Bank 3

P=x

r=6%=6/100=0.06

n=1

t=1

Replacing;

A=x(1+0.06/1)^(1)

A=1.0600 x

d). Bank 4

P=x

r=6%=6/100=0.06

n=4

t=1

A=x(1+0.06/4)^(4×1)

A=x(1+0.015)^4

A=x(1.061)

A=1.0614 x

e). Bank 5

P=x

r=6%=6/100=0.06

n=365

t=1

A=x(1+0.06/365)^(365×1)

A=1.0618

Option (d) , Bank 4 offers the highest amount after a year

7 0
3 years ago
Firms that can employ and establish _________________, are more likely to protect their competitive advantage from being copied
pishuonlain [190]

Firms that can employ and establish <u>isolating mechanisms</u> are more likely to protect their competitive advantage from being copied and/or eroding away.

Isolation mechanisms:

A company is able to maintain its competitive edge for a longer period of time if it can stop a rival from copying the resource or capability that provides it that advantage. Isolation mechanisms is the name of this technique. For instance, a patent is a legitimate tool to stop imitation.

A firm's objective is to have a prolonged competitive advantage when a resource or capability gives the firm an advantage over competitors for an extended period of time. The industry will determine how long a company can preserve a competitive advantage.

If a business can maintain a competitive edge for a year in a fast-moving field like information technology or quick fashion, it may be quite happy. In an industry with less frequent changes, such as feminine hygiene, a persistent competitive advantage may remain considerably longer.

A sustainable competitive edge cannot be maintained by any company indefinitely. The competition is constantly working to improve its own competitive edge.

Learn more about Isolation mechanisms here:

brainly.com/question/15095207

#SPJ4

7 0
2 years ago
Deet, an unmarried taxpayer, qualified to itemize deductions. Deet's adjusted gross income was $40,000 and he made a $1,500 subs
Blababa [14]

Answer:

$11,000

Explanation:

Based on the information given What will be the MAXIMUM AMOUNT OF THE CHARITABLE CONTRIBUTION ALLOWABLE as an itemized deduction on Deet's income tax return will be the amount of $11,000 which represent the amount the art value that Deet donated to the local art museum which was valued at $11,000.

Therefore the maximum amount of the charitable contribution allowable as an itemized deduction on Deet's income tax return is $11,000

4 0
3 years ago
Complete an information-level design for Holt Distributors. General description. Holt Distributors buys products from its vendor
Stolb23 [73]

Answer:

Here are some changes to the textbook requirements that will simplify your work somewhat.

· The transaction requirements give you information on required tables. (page 339-340)

· Assume that ALL orders ship entirely, in other words there are no partial shipments. Either they ship the entire order or they wait until they have all the required units and then ship.

· Do not include the Customer PO information

Explanation:

4 0
3 years ago
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