1. Wrong model.
2. Model implementation.
3. Model usage.
4. Uncertainty on volatility.
5. Time inconsistency.
6. Correlation uncertainty.
7. Complexity.
8. Illiquidity and model risk.
Answer:
C) $300 U
Explanation:
Gipple Corporation
Material Quantity Variance = (Actual Quantity Used * Standard Unit Cost )-
( Standard Quantity Used * Standard Unit Cost )
Material Quantity Variance =(AQ* SP) -(SQ*SP)
Material Quantity Variance = (24,870* 6)- ( 7.3* 3400 *6)
Material Quantity Variance = (24,870* 6)- (24,820* 6)
Material Quantity Variance = 149220 - 148920
Material Quantity Variance = $300 Unfavorable
As actual quantity is greater than standard quantity it is unfavorable.
Answer:
a. Make each sub-point exclusive
f. Divide the main topic into major components
Explanation:
Outline is a type of table of content that helps a reader to understand the scenario of the overall article or piece. Making an effective outline is a challenging task. However, the following things certainly can make an effective outline.
Putting the main idea in the title is one of them. Under the title, break the topic or title into major components (Option F). Using sub-points make the piece more relevant (Option A). Besides, moving sub-points to larger group or components make the article beautiful (Opposite of Option B). Do not separate the main topic from the title make an outline unclear (Opposite of Option D).
Answer:
$6,500
Explanation:
For computing the estimated fixed cost, we have to determine the variable cost per hour which is shown below:
Variable cost per hour = (High power cost - low power cost) ÷ (High machine hours - low machine hours)
= ($20,000 - $11,000) ÷ (12,000 hours - 4,000 hours)
= $9,000 ÷ 8,000 hours
= $1.125
Now the fixed cost equal to
= High power cost - (High machine hours × Variable cost per hour)
= $20,000 - (12,000 hours × $1.125)
= $20,000 - $13,500
= $6,500
