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sweet [91]
3 years ago
12

If a company uses a predetermined rate for absorbing manufacturing overhead, the volume variance is the: Group of answer choices

a. Underapplied or overapplied variable cost element of overhead. b. Underapplied or overapplied fixed cost element of overhead. c. Difference in budgeted costs and actual costs of fixed overhead items. d. Difference in budgeted costs and actual costs of variable overhead items.
Business
1 answer:
Mama L [17]3 years ago
7 0

Answer: c. Difference in budgeted costs and actual costs of fixed overhead items.

Explanation:

If a company uses a Predetermined rate for Manufacturing Overhead this means that they have budgeted a certain cost of overhead that they believe will be sufficient for production. This is usually possible for fixed overhead items.

The Variance therefore would be the difference between this budgeted figure and the actual figure for the fixed Overhead items.

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Answer:

(B) functional

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5 0
4 years ago
a nash equilibrium of a two-player game is given as a pair of payoffs where each payoff is the best response to the payoff of th
brilliants [131]

If Player 1 chooses the best answer in the provided mixed strategy NE (Nash equilibrium), Player 2 must compel him to choose between playing Left or Right.

<h3>If there are two Nash equilibriums, what happens?</h3>

There is some hope that only one Nash equilibrium, if there are several, will be accepted. In this scenario, it is believed that the rational participants will be aware of the need to eliminate any nonadmissible equilibria.

<h3>Can there be two Nash equilibrium with pure strategies?</h3>

Because the strategy "yes" weakly dominates "no," there are only two pure-strategy Nash equilibria: (yes, yes) and (no, no). No matter what the other player does, "yes" is as good as "no," but if there's a chance the If the other player choose "yes," the optimum response is "yes."

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5 0
1 year ago
Firm A produces semiconductors using highly technical machinery; Firm B is a retail clothing store with little use of machinery.
BlackZzzverrR [31]

Answer:

Correct option B

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Due to an  increase in government expenditures, the government finances  will have to try and get additional spending via borrowing.

This then will bring about reduction in public savings. When private savings are unaffected, the effect of a reduction in public savings will tend to lower the total levels of national savings.

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2 years ago
Economists define an efficient use of resources as a situation where
aleksandr82 [10.1K]
<span>According to economists the efficient use of resources is a situation where one person can be made to look better in the scenario, but only by making another person look worse. Inefficient use of resources or insufficient resources brings scarcity in the economy.</span>
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