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
RSB [31]
3 years ago
6

Claymore Corp. has the following information about its standards and production activity for September. The volume variance is:

________
Actual total factory overhead incurred $32,710
Standard factory overhead:
Variable overhead $4.70 per unit produced
Fixed overhead ($12,250/4,900 estimated units to be produced) $2.50 per unit
Actual units produced 3,800 units
Business
1 answer:
Serhud [2]3 years ago
7 0

Answer: $2,200 Unfavorable

Explanation:

Volume variance is the difference between actual and budgeted output so can be calculated by;

= (Budgeted output - Actual output) * overhead rate

= (4,900 - 3,800) * 2

= $2,200 Unfavorable

<em>Unfavorable because they produced less than the budget indicated that they would. </em>

You might be interested in
​a senior executive who promotes the project and ensures its support, both financially and administratively, at the highest leve
Kruka [31]
The answer to this problem is "CHAMPION" such as when the <span> Senior Executive of the company who promotes the project and ensures its support, both financially and administratively aspects, at the highest or the top levels of the organization is needed to fill the role of a CHAMPION on a development team where he will leads and facilitate to achieve the common goals of the entire organization.</span>
5 0
3 years ago
Assume that a U.S. firm considers investing in British one-year Treasury securities. The interest rate on these securities is 12
MArishka [77]

Answer:

equal to the british interest rate

Explanation:

Data provided in the question

The Interest rate on these securities = 12%

In the U.S, the interest rate = 10%

Also the spot rate for today would become suitable for the spot rate

Based on the above information, the effective yield on the british securities would be equivalent to the british interest rate and hence the same is to be considered

7 0
2 years ago
The measurement that equals cash receipts minus cash payments over a given period of time, is referred to as:
zavuch27 [327]
The above is referred to Net cash flow. Net cash flow to the difference between an organization's trade inflows and surges out a given period. In the strictest sense, net income alludes to the adjustment in an organization's money adjust as point by point on its income explanation. Cash flow is the cash that comes in and leaves an organization. It is the era of salary and the installment of costs. Money inflows result from either the era of income through the offering of products and enterprises, cash acquired, or cash earned through ventures.
3 0
3 years ago
The rate of interest on money held in a savings account, _______ the amount of money saved.
KIM [24]
A. Decreases


Hope it helps!
4 0
2 years ago
Find the accumulated value of $2,480 at the end of twelve years if the nominal interest rate was 2% convertible monthly for the
dusya [7]
In order to properly tackle this problem, we must understand the relationship between the nominal annual rate and real (effective) annual rate. 

To do this:
  -First you take the nominal rate, divide by the number of times it's compounded (converted) per year.
   -Then, add one to that number, and raise that number to the power of how many times you compound per year.

Here is the method in practice:
First 3 Years: 
Nominal rate= 2% ÷ 12 times/yr = 0.001667
Effective rate = 1.001667 ^12 = 1.020184

Next 2 Years (Discounting)
3% ÷ 2/yr = .015
1.015 ^ 2 = 1.061364

Next 4 years (Interest)
.042 ÷ .5 (once every 2 years) = .084
1.084 ^ (1/2) = 1.041153

The last 3 years are already expressed as an effective rate, so we don't need to convert them. The annual rate is:
1.058

I kept the 1 in the numbers (1.058 instead of 5.8% for example) so that it's easier to find the final number

Take every relevant number and raise it to the power of the number of years it's compounded for. For discounting, raise it to a negative power.
First 3 years: 1.020184 ^ 3 = 1.061784
Next 2 years: 1.030225 ^ -2 = .942184
Next 4 years: 1.041163 ^ 4 = 1.175056
Last 3 years: 1.058 ^ -3 = .84439

Multiply these numbers (include all decimals when you do this calculation)
1.062 * .942 * 1.175 * .844 = .992598

This is our final multiplier to find the effect on our principal:
.992598 * 2,480 = 2461.64

Answer is 2461.64
6 0
3 years ago
Other questions:
  • Many people have argued that the skills needed to be successful in today's workforce have changed. What skills do you feel an in
    7·1 answer
  • I need free pantyhose
    10·2 answers
  • For each of the unrelated transactions described below, present the entries required to record each transaction.
    5·1 answer
  • The amounts of the assets and liabilities of Nordic Travel Agency at December 31, 2016, the end of the year, and its revenue and
    15·1 answer
  • The depreciation deduction for year 11 of an asset with a 20-year useful life is $4,000. If the salvage value of the asset was e
    9·1 answer
  • Which of the following tactics is NOT a good way to improve your writing?
    6·2 answers
  • Those who make economic policy concerning price controls often do so in order to?
    9·1 answer
  • In business, it is important to establish your _____ from your first day on the job
    13·1 answer
  • Where should you explain the factors that led you to submit an unsolicited proposal, such as conversations with members of the r
    13·1 answer
  • Question 4 of 10
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!