Answer:
c. $3,200 favorable.
Explanation:
We know that
Total controllable cost variance = Budgeted overhead cost - actual overhead cost
where,
Budgeted overhead cost = Variable overhead + Fixed overhead
where,
Variable overhead = 40,000 units × $2 = $80,000
And, the fixed overhead = $72,000
So, the budgeted overhead = $152,000
And, the actual one is $148,800
So, the total controllable cost variance would be
= $152,000 - $148,800
= $3,200 favorable
Answer:
150%
Explanation:
Computation of the predetermined overhead rate
Using this formula
Predetermined overhead rate=Estimated overhead/Estimated direct labor cost
Let plug in the formula
Predetermined overhead rate=$322,500/ $215,000
Predetermined overhead rate=1.5*100
Predetermined overhead rate=150%
Therefore Predetermined overhead rate will be 150%
Answer:
Letter A is correct.<em> Complementary product pricing.</em>
Explanation:
Organizations use the strategy of adopting a complementary product pricing to increase the total profit of a product group.
This strategy is used when the company sells products that are complementary, ie the use of one is complemented by the use of the other, so the company substantially decreases the price of a product, usually just to cover costs, and guarantees gains from a product with a high price and very high profit margin.
The benefits added to the complementary price of a product are market gain, competitors' entry barriers and retention and attraction of new consumers.
Answer:
An output that maximizes revenue and profits. If a firm can price discriminate, it will sell its product or service at a different price to every single consumer. Perfect price discrimination refers to pricing your product at exactly the highest amount that each individual consumer is willing to pay, i.e. consumer surplus disappears.
It already does affect the workplace.
