Answer:
The spending variance for Utilities is $ 2,900(F)
Explanation:
In order to calculate the spending variance for Utilities we woud have to calculate first the Total Budgeted Cost as follows:
Budgeted variable cost for 30000 hours = $ 82,000-13,000 = $ 69,000
Budgeted variable cost for 33000 hours = $ 69,000x(33000/30000)
= $ 75,900
Therefore, Total Budgeted Cost = $ 75,900+13,000= $ 88,900
Spending Variance = Budgeted Cost-Actual Cost
Spending Variance =$ 88,900- $86,000
Spending Variance =$ 2,900(F)
The spending variance for Utilities is $ 2,900(F)
Answer:
$1,500
Explanation:
Given that,
A man wishes to purchase a life insurance policy that will pay the beneficiary $25,000 if the man's death occurs in the next year.
The probability that the company pays nothing is 0.94 and there is 0.06 probability that the company pays $25,000.
So, on an average expected loss is as follows:
= 0.94 × $0 + 0.06 × $25,000
= $1,500
Hence, the minimum amount that he can expect to pay for his premium is $1,500.
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Answer:
The government regulates the activities of businesses in five core areas: advertising, labor, environmental impact, privacy and health and safety.
Consumer protection Via Advertising Restrictions. ...
Employment and Labor Protection. ...
Environmental Impact of Business. ...
Date Security and Privacy Protection. ...
Safety and Health.
What are the choices ......