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Answer:
Variable manufacturing overhead spending variance= $2,000 favorable
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
<u></u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 2,400,000 / 240,000
Predetermined manufacturing overhead rate= $10 per machine hour
<u>To calculate the variable overhead spending variance, we need to use the following formula:</u>
<u></u>
Variable manufacturing overhead spending variance= (standard rate - actual rate)* actual quantity
Variable manufacturing overhead spending variance= (15 - 214,000/21,600)*21,600
Variable manufacturing overhead spending variance= $2,000 favorable
Answer:
a. experimenting with policies that are compatible with a state’s political structure and experience rather than with economic liberalism.
Explanation:
The Beijing Consensus reflects a new approach to development based on China's model of economic growth. It is a non-liberal, state-driven view of development, in which development is seen as a process of structural transformation of society and cannot be confused or replaced by market economic policies. Thus, the central objective of the Beijing Consensus Chinese Development Policies is to create a development policy based on the experience of the state, within that country's political conformation, in order to link economic development to social and human development.
Answer:
Information Systems that various organizations or companies use.
Explanation:
In the modern globalized world the economy and customers change constantly. The Inter-organizational systems (also know as IOS) are essential tools to obtain information on what is required to be able to meet the demands of a changing market, thus saving time and resources. It also provides helpful information for companies to make better investments. An IOS will be planned and placed strategically within organizations in which they will locate key points of contact to receive feedback and use that information to establish patterns in the market. This will enable organizations to make wise, informed decisions for the future because they can anticipate the customers´ needs.