Answer:
A) $2,000 favorable
Explanation:
Actual total variable overhead = $ 73,000
Actual total fixed overhead = $ 17,000
Budgeted variable overhead rate per machine hour = $ 2.50
Budgeted total fixed overhead = $ 15,000
Budgeted machine hours allowed for actual output = 30,000
Budgeted variable overhead = $ 2.50 x 30,000 = $ 75,000
Variable overhead variance = Budgeted variable overhead - Actual total variable overhead
Variable overhead variance = $ 75,000 - $ 73,000 = $ 2,000
Since the actual value is under the budgeted value, the variable overhead variance is $2,000 favorable.
Answer:
-19.061%
Explanation:
interest earned= principal x time x interest rate
Interest earned = $264,500 - $204,000 = $-60,500
$-60,500 = $264,500 x 12 x interest rate
interest rate = -0.19061 = -19.061%
Answer:
The correct answer is option D.
Explanation:
The efficient market hypothesis is a theory in modern financial economics which states that the share prices reflect all available information and alpha generation is impossible. Neither fundamental nor technical analysis can give excess returns which are also risk-free.
Share prices in an efficient market reflect all the information, both public and private. This information includes future predictions. All this information is widely available to all the investors and they correctly interpret this information and quickly adjust to it.
Answer:
The correct answer is Cost leadership.
Explanation:
Cost leadership are those strategies with which products similar to those of other companies are offered at a lower cost, that is, a certain company is considered to be the lowest cost producer in its industrial sector in order to achieve a differentiation.
At lower prices than its rivals, the leader's position translates into higher returns, however, standard products should not be sold ignoring the basis of product differentiation itself, since, if the customer does not perceive the product as comparable, The company must set very low prices in relation to the competition to achieve sales.
The sources to obtain this type of advantages are varied and depend on the structure of the industrial sector itself, including economies of scale, the use of proprietary technology, preferential access to the raw material, among others.
The cost leadership strategy aims to make a company the leader, rather than several companies struggling to reach that position, as this implies tough rivalry and competition that can have unfavorable consequences for all.
Answer:
Option A. Task
Explanation:
Sean is actually executing the plan that he has set and this execution of the plan involves performing of tasks that are very important to achieve the purpose of the plan. So suppose if had planned to get up early in the morning to go for jogging to have a better health. So if I don't get up early in the morning and going for jogging which is the task role then I will not achieve the purpose of the plan, which is having good health. So here Sean is performing the tasks (Taking the task role) to achieve the purpose of the plan.
