Answer:
Variable manufacturing overhead rate variance= $688.8 favorable
Explanation:
Giving the following information:
Variable overhead 0.3 hours $5.70 per hour
The company used 2,460 direct labor-hours to produce this output. The actual variable overhead cost was $13,331.
<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>
Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity
Actual rate= 13,331/2,460= $5.42
Variable manufacturing overhead rate variance= (5.7 - 5.42)*2,460
Variable manufacturing overhead rate variance= $688.8 favorable
The segment that Cisco seek to compete is the relatively stable economy with strong growth potential
Explanation:
The direction in which the company may compete or the nature in which the company may compete or not is called as the economic segment the interest rates the trade deficits the surplus the individuals involved in the business are all included
There are many segmentation analysis and the research is done to analyse the performance of the company and it will include all the factors of the competing environment
Fixing a problem will often cost money; to minimize these costs it is best to find and fix the problem-<u> just before we begin the first production operation.</u>
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Explanation:
Before we begin with any operational production function it is necessary to check the proper functioning of the machinery.If the machinery used for the production of the products have any defect then the cost of production increase leading to an overall increase in the production cost of the product.
Thus it is an important mandate to check the operational functionality of the machinery's which are involved in the production .It is advisable to find and fix the problem at the earliest ,so that the cost incurred can be minimized
Hence we can say that Fixing a problem will often cost money; to minimize these costs it is best to find and fix the problem-<u> just before we begin the first production operation.</u>
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Answer:
a. ABC Inc.
Explanation:
The degree of financial leverage is expressed by the following formula,
=
The ratio represents the relationship between net operating profits and profits after financial fixed costs.
Higher the degree of financial leverage, higher will be the financial risk.
In the given case, ABC Inc.'s degree of financial leverage is higher which suggests that ABC has employed more of debt in it's financial structure owing to which higher fixed cost obligations in the form of interest payments have been created.
Thus, ABC Inc. will have a greater financial risk.
Answer:
The answers are:
A) 4.23 years
B) 1.08 years
C) Off course I would recommend Dave and Ellen to install these safety items, not only because they save money but also because they are very useful.
Explanation:
The cost of the deadlocks including installation is $110 for each exterior door ($220 total). The cost for installing smoke detectors is $24 for each floor ($48 total).
The discount that Dave and Ellen can get is
- $52 per year for installing the deadlocks
- $26 per year for installing the smoke detectors
A) It will take Dave and Ellen 4.23 years ($220/$52) to recover the money spent on the deadlocks.
B) It will take Dave and Ellen 1.08 years ("26/$24) to recover the money spent on the smoke detectors.