Answer:
$1,600 Unfavorable
Explanation:
Given that,
Budgeted fixed overhead = $1.00 per hour
Expected capacity = 5,000 units
Standard quantity = 2 hours per unit
Actual units produced = 5,200
Total overhead costs = $12,000
Controllable variance:
= Actual Overhead cost - Budgeted cost of actual production
= $12,000 - (Actual units produced × Budgeted fixed overhead × Standard quantity)
= $12,000 - (5,200 × $1 × 2)
= $12,000 - $10,400
= $1,600 Unfavorable
A decrease in demand for cameras would likely be caused by increased abilities in cell phones for filming
<span>According to the Affordable Care Act new health insurance marketplaces are established by the Patient Protection Act. This Act was put in place to let patients compare different health insurance companies and benefits to determine what is best for them. The benefits are dependent on how many people or an individual needs coverage and what type of coverage they are wanting to have. </span>
An extremely large number of vendors, each of whom makes a comparable or same product, make up a competitive market. The total of all these unique outputs, which each provider produces as a small portion of the market as a whole, represents the production of that industry. This includes dry cleaners, corner stores, barbershops, and florists.
A market that has just one supplier is considered a monopolist at the other extreme. Examples include the fact that the National Hockey League is the only provider of top-notch professional hockey matches in North America, Hydro Quebec is the province of Quebec's sole electricity supplier, and Via Rail is the only provider of passenger rail services between Windsor, Ontario, and the city of Quebec.
Equilibrium: What Is It?
When market supply and demand are in balance, prices become steady. This is known as equilibrium. In general, a surplus of goods or services leads to lower prices, which increases demand, whereas a shortfall or under supply raises prices, which decreases demand.
To learn more about Equilibrium from the given link.
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Work refers to any useful activity.
