Answer:
1. $5000 unfavorable
2. 3000 hrs favorable
Explanation:
Fixed Overhead spending variance
Budgeted fixed overhead - Actual fixed overhead
$300,000 - $305,000
= $5,000 unfavorable
Fixed Overhead volume variance
Actual volume = actual fixed overhead / Actual fixed overhead per hr
= $305,000 / $5
= 61000 hrs
(Budgeted volume - Actual volume) * budgeted rate
64000 hrs - 61000 hrs
= 3000 hrs favorable
Answer:
EBIT = $2.076 million
Explanation:
<em>The market value can be ascertained by discounting the earnings after tax by the weighted average cost of capital (WACC).</em>
So we put dis in an equation;
Market Value = Earnings after tax /WACC
<em>Earnings after tax = (1-tax rate ) × EBIT</em>
<em>Note EBIT means earning before interest and tax. And we don't have this figure. So we denote it with letter " y "</em>
Earnings after tax = (1-0.25) × y
= 0.75y
<em>Substitute this into the market value equation, then we have;</em>
Market Value = Earnings after tax /WACC
17.5 = 0.75y/0.089
0.75y = 17.5× 0.089
y = (17.5 × 0.089)/0.75
y = $2.076 million
EBIT = $2.076 million
Answer:
<u>an increase in the price of oranges.</u>
Explanation:
The price of oranges increased because there was an event that influenced the balance of demand and supply. The Florida freeze that devastated the orange crop was an event that affected supply, so as there was greater demand for an orange good, and lower supply for orange, there was an imbalance in the supply and demand curve that caused an increase in supply. price because demand is greater than supply.
True; All of these are characteristics of institutions.
What is stability ?
the quality, situation, or extent of stability, for example. A firmness is the capacity to endure. b: the characteristic of a body that makes it create forces or moments that return it to its initial state when it is startled out of equilibrium or steady motion. A system is said to be stable if it remains constant. Stability may not imply entirely static behavior, though. A stable system could undergo a minor perturbation but will then resume its stable state. Whether it be a static or dynamic state, equilibrium is a stable condition.
Being stable means resisting change and not being prone to irrational emotional swings. An example of stability is living a quiet, steady existence without extreme ups and downs.
To learn more about stability with the help of given link:
brainly.com/question/1924804
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Answer:
capital goods
Explanation:
becos it is raw material that is use to making papers
