Answer:
For (a) $21250 favorable (b) $21300 Unfavorable
Explanation:
Solution:
Now,
(a) The Standard rate of variable overhead = $450000/60000 = $7.50 per hour
so,
The Variable factory overhead controllable variance = Actual variable overhead costs - Standard variable overhead costs
Gives,
= (725000-262500)-(64500*7.50) = $21250 favorable
(b) The fixed factory overhead volume variance = Budgeted overhead - standard overhead
= 262500 - 262500*64500/60000
Therefore,
= $21300 Unfavorable
Answer:
This is very short term credit with high interest.
Explanation:
Examples of this include things like payday loans.
Answer:
Changing people
Explanation:
The targeted area of change mostly needed is change in people. The idea here is to change attitude, motivation and effect new behaviors. Since Juan and Rita are having problems with the new employees the targeted area that they need mostly is changing people. As this aspect would bring about a resolution to the issues they are having with the new employees.
A text message . A text message is not formal , or professional .
Answer:
The answer is a. <u>$15.88%</u>
b. <u>19.46%</u>
Explanation:
a. Equity multiplier = total assets /shareholders equity
Equity multiplier = $ 45.9 million/ $ 18.6 million= 2.47
ROE = net profit * asset turnover * Equity multiplier
ROE = 3.42% * 1.88 * 2.47= <u>$15.88%</u>
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b. ROE = net profit * asset turnover * Equity multiplier
ROE = 4.19 % * 1.88 * 2.47 = <u>19.46%</u>